Zalando (OTCMKTS:ZLNDY) Given Consensus Recommendation of “Hold” by Analysts

Shares of Zalando (OTCMKTS:ZLNDY – Get Free Report) have been assigned a consensus rating of “Hold” from the seven analysts that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, three have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company.

A number of equities analysts have recently commented on ZLNDY shares. Sanford C. Bernstein upgraded shares of Zalando from a “strong sell” rating to a “hold” rating in a report on Friday, March 13th. DZ Bank lowered shares of Zalando from a “strong-buy” rating to a “hold” rating in a report on Friday. Citigroup reiterated a “buy” rating on shares of Zalando in a report on Thursday, May 14th. Finally, Barclays upgraded shares of Zalando to a “strong-buy” rating in a report on Wednesday, May 6th.

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Zalando Stock Performance

Shares of Zalando stock opened at $14.11 on Monday. Zalando has a fifty-two week low of $10.84 and a fifty-two week high of $17.15. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.09 and a quick ratio of 0.58. The firm has a market capitalization of $7.29 billion, a P/E ratio of 54.27 and a beta of 1.54. The company’s 50 day moving average price is $13.05 and its two-hundred day moving average price is $13.20.

Zalando (OTCMKTS:ZLNDY – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The company reported ($0.20) EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.25). The business had revenue of $3.52 billion for the quarter, compared to analyst estimates of $3.48 billion. Zalando had a return on equity of 4.15% and a net margin of 0.89%. On average, equities analysts forecast that Zalando will post 0.47 earnings per share for the current fiscal year.

About Zalando

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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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