Wall Street Zen upgraded shares of Zumiez (NASDAQ:ZUMZ – Free Report) from a hold rating to a buy rating in a research report report published on Saturday.
ZUMZ has been the topic of several other research reports. B. Riley lifted their target price on shares of Zumiez from $14.00 to $18.00 and gave the stock a “neutral” rating in a research report on Friday, September 5th. Weiss Ratings reissued a “sell (d+)” rating on shares of Zumiez in a research report on Wednesday. Finally, Zacks Research raised shares of Zumiez from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 2nd. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Zumiez has an average rating of “Hold” and a consensus target price of $18.00.
Get Our Latest Stock Analysis on ZUMZ
Zumiez Trading Down 4.5%
Zumiez (NASDAQ:ZUMZ – Get Free Report) last issued its earnings results on Thursday, September 4th. The apparel and footwear maker reported ($0.06) EPS for the quarter, beating the consensus estimate of ($0.11) by $0.05. Zumiez had a return on equity of 0.19% and a net margin of 0.06%.The company had revenue of $214.28 million during the quarter, compared to the consensus estimate of $210.53 million. During the same period last year, the business posted ($0.04) EPS. The firm’s revenue for the quarter was up 1.9% compared to the same quarter last year. Zumiez has set its Q3 2025 guidance at 0.190-0.290 EPS. Equities research analysts forecast that Zumiez will post -0.12 EPS for the current fiscal year.
Insider Buying and Selling at Zumiez
In other news, Director Liliana Gil Valletta sold 3,655 shares of the company’s stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $21.30, for a total transaction of $77,851.50. Following the completion of the transaction, the director directly owned 7,154 shares of the company’s stock, valued at approximately $152,380.20. This represents a 33.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Chris K. Visser sold 5,618 shares of the company’s stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $20.09, for a total transaction of $112,865.62. Following the transaction, the insider directly owned 44,303 shares of the company’s stock, valued at approximately $890,047.27. This trade represents a 11.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. 21.20% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Zumiez
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Paradigm Capital Management Inc. NY grew its holdings in Zumiez by 478.0% in the second quarter. Paradigm Capital Management Inc. NY now owns 768,691 shares of the apparel and footwear maker’s stock worth $10,193,000 after purchasing an additional 635,691 shares during the period. Acadian Asset Management LLC grew its holdings in Zumiez by 29.8% in the second quarter. Acadian Asset Management LLC now owns 762,932 shares of the apparel and footwear maker’s stock worth $10,115,000 after purchasing an additional 175,116 shares during the period. Ameriprise Financial Inc. grew its holdings in shares of Zumiez by 45.9% during the second quarter. Ameriprise Financial Inc. now owns 562,252 shares of the apparel and footwear maker’s stock valued at $7,455,000 after buying an additional 176,835 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Zumiez by 1.8% during the second quarter. Geode Capital Management LLC now owns 382,561 shares of the apparel and footwear maker’s stock valued at $5,074,000 after buying an additional 6,682 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its holdings in shares of Zumiez by 11.7% during the second quarter. Arrowstreet Capital Limited Partnership now owns 336,196 shares of the apparel and footwear maker’s stock valued at $4,458,000 after buying an additional 35,226 shares during the last quarter. Hedge funds and other institutional investors own 95.45% of the company’s stock.
Zumiez Company Profile
Zumiez Inc operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. The company provides hardgoods, including skateboards, snowboards, bindings, components, and other equipment. It operates stores in the United States, Canada, Europe, and Australia under the names of Zumiez, Blue Tomato, and Fast Times.
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