Zumiez Inc. (NASDAQ:ZUMZ) – Research analysts at William Blair boosted their Q4 2018 EPS estimates for Zumiez in a note issued to investors on Wednesday, according to Zacks Investment Research. William Blair analyst S. Zackfia now forecasts that the apparel and footwear maker will post earnings per share of $0.90 for the quarter, up from their previous forecast of $0.80. William Blair currently has a “Buy” rating on the stock. William Blair also issued estimates for Zumiez’s Q3 2019 earnings at $0.55 EPS, Q4 2019 earnings at $1.06 EPS, FY2019 earnings at $1.40 EPS and FY2020 earnings at $1.55 EPS.

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Zumiez (NASDAQ:ZUMZ) last released its quarterly earnings results on Thursday, November 30th. The apparel and footwear maker reported $0.48 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.48. The business had revenue of $245.80 million for the quarter, compared to the consensus estimate of $244.50 million. Zumiez had a net margin of 2.84% and a return on equity of 7.99%. The business’s revenue was up 11.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.43 EPS.

Several other equities research analysts also recently weighed in on the stock. Zacks Investment Research downgraded shares of Zumiez from a “buy” rating to a “hold” rating and set a $22.00 target price on the stock. in a research note on Saturday, January 6th. Jefferies Group set a $22.00 target price on shares of Zumiez and gave the stock a “hold” rating in a research note on Thursday, January 4th. B. Riley set a $25.50 target price on shares of Zumiez and gave the stock a “buy” rating in a research note on Thursday, January 4th. BMO Capital Markets set a $20.00 target price on shares of Zumiez and gave the stock a “hold” rating in a research note on Friday, December 1st. Finally, Robert W. Baird reaffirmed a “neutral” rating and set a $17.00 target price on shares of Zumiez in a research note on Tuesday, October 3rd. Seven research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $20.50.

Shares of Zumiez (ZUMZ) opened at $22.35 on Friday. Zumiez has a 52 week low of $11.43 and a 52 week high of $24.44. The stock has a market cap of $564.33, a P/E ratio of 21.91, a PEG ratio of 1.05 and a beta of 1.39.

In other Zumiez news, Director Scott Andrew Bailey sold 7,843 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $20.75, for a total transaction of $162,742.25. Following the completion of the transaction, the director now owns 9,908 shares in the company, valued at approximately $205,591. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 27.50% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Ameriprise Financial Inc. grew its holdings in Zumiez by 1.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 91,853 shares of the apparel and footwear maker’s stock worth $1,135,000 after acquiring an additional 1,135 shares in the last quarter. Disciplined Growth Investors Inc. MN grew its holdings in Zumiez by 0.6% during the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 259,975 shares of the apparel and footwear maker’s stock worth $3,211,000 after acquiring an additional 1,475 shares in the last quarter. Principal Financial Group Inc. grew its holdings in Zumiez by 1.3% during the 2nd quarter. Principal Financial Group Inc. now owns 134,150 shares of the apparel and footwear maker’s stock worth $1,657,000 after acquiring an additional 1,686 shares in the last quarter. New York State Common Retirement Fund grew its holdings in Zumiez by 2.8% during the 2nd quarter. New York State Common Retirement Fund now owns 65,252 shares of the apparel and footwear maker’s stock worth $806,000 after acquiring an additional 1,808 shares in the last quarter. Finally, The Manufacturers Life Insurance Company grew its holdings in Zumiez by 12.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 16,475 shares of the apparel and footwear maker’s stock worth $204,000 after acquiring an additional 1,829 shares in the last quarter. Institutional investors own 75.60% of the company’s stock.

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About Zumiez

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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Earnings History and Estimates for Zumiez (NASDAQ:ZUMZ)

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