Shares of Zalando (OTCMKTS:ZLNDY – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the six research firms that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company.
Several analysts have issued reports on the company. Barclays upgraded Zalando to a “strong-buy” rating in a research note on Wednesday, May 6th. Citigroup restated a “buy” rating on shares of Zalando in a research note on Thursday, May 14th. Finally, Sanford C. Bernstein upgraded Zalando from a “strong sell” rating to a “hold” rating in a research note on Friday, March 13th.
Read Our Latest Research Report on ZLNDY
Zalando Stock Performance
Zalando (OTCMKTS:ZLNDY – Get Free Report) last issued its earnings results on Wednesday, May 6th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.25). The firm had revenue of $3.52 billion during the quarter, compared to the consensus estimate of $3.48 billion. Zalando had a net margin of 0.89% and a return on equity of 4.12%. On average, equities research analysts forecast that Zalando will post 0.47 EPS for the current year.
About Zalando
Zalando SE is a leading European online fashion and lifestyle platform, headquartered in Berlin, Germany. Established in 2008 by Robert Gentz and David Schneider, the company has built a marketplace that connects consumers with a broad selection of apparel, footwear, accessories and beauty products. Trading on the OTC Markets under the symbol ZLNDY, Zalando caters to style-conscious shoppers seeking both well-known international brands and emerging designers through its digital storefront.
Since its inception, Zalando has pursued rapid expansion across Europe, launching operations in key markets including Germany, France, Italy, the United Kingdom and the Nordics.
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