Press coverage about Zumiez (NASDAQ:ZUMZ) has trended somewhat positive on Tuesday, according to Accern. Accern rates the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Zumiez earned a news impact score of 0.19 on Accern’s scale. Accern also assigned media stories about the apparel and footwear maker an impact score of 47.4567044859619 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:
Several equities analysts recently issued reports on ZUMZ shares. BidaskClub upgraded Zumiez from a “hold” rating to a “buy” rating in a research report on Tuesday, March 20th. TheStreet upgraded Zumiez from a “c+” rating to a “b-” rating in a research report on Tuesday, March 20th. Zacks Investment Research lowered Zumiez from a “buy” rating to a “hold” rating in a research report on Wednesday, March 7th. William Blair reiterated a “buy” rating on shares of Zumiez in a research report on Thursday, January 4th. Finally, Robert W. Baird reiterated a “hold” rating and issued a $28.00 price objective on shares of Zumiez in a research report on Thursday, April 12th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Zumiez has a consensus rating of “Buy” and a consensus price target of $24.20.
Shares of ZUMZ traded up $0.05 on Tuesday, hitting $24.15. The company’s stock had a trading volume of 41,799 shares, compared to its average volume of 422,510. Zumiez has a fifty-two week low of $11.43 and a fifty-two week high of $26.30. The firm has a market capitalization of $612.30, a PE ratio of 21.91, a P/E/G ratio of 0.87 and a beta of 1.10.
Zumiez (NASDAQ:ZUMZ) last released its quarterly earnings results on Thursday, March 15th. The apparel and footwear maker reported $0.82 earnings per share for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.08). Zumiez had a return on equity of 8.38% and a net margin of 2.89%. The firm had revenue of $308.20 million for the quarter, compared to analyst estimates of $301.75 million. During the same period last year, the company earned $0.74 EPS. The company’s revenue was up 16.9% compared to the same quarter last year. research analysts anticipate that Zumiez will post 1.55 EPS for the current fiscal year.
In other Zumiez news, Director Thomas D. Campion sold 35,459 shares of the company’s stock in a transaction that occurred on Wednesday, April 11th. The stock was sold at an average price of $25.07, for a total transaction of $888,957.13. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In the last ninety days, insiders have sold 258,797 shares of company stock valued at $6,484,643. Insiders own 27.50% of the company’s stock.
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Zumiez Inc, including its subsidiaries, is a specialty retailer of apparel, footwear, accessories and hardgoods for young men and women through the fashion, music, art and culture of action sports, streetwear and other lifestyles. The Company operates under the names Zumiez, Blue Tomato and Fast Times.
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