Zumiez (NASDAQ:ZUMZ) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Zumiez (NASDAQ:ZUMZ – Free Report) from a strong sell rating to a sell rating in a report published on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings raised Zumiez from a “sell (d)” rating to a “hold (c-)” rating in a research note on Friday, September 11th. Three equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Zumiez presently has an average rating of “Hold”.

Read Our Latest Research Report on ZUMZ

Zumiez Trading Up 3.3%

Shares of NASDAQ ZUMZ opened at $13.73 on Friday. The stock has a 50 day simple moving average of $16.97 and a 200-day simple moving average of $19.82. The company has a market cap of $210.48 million, a PE ratio of 19.07 and a beta of 1.05. Zumiez has a 12-month low of $13.07 and a 12-month high of $31.70.

Zumiez (NASDAQ:ZUMZ – Get Free Report) last issued its quarterly earnings data on Thursday, September 10th. The apparel and footwear maker reported ($0.17) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.03). Zumiez had a return on equity of 3.71% and a net margin of 1.36%.The business had revenue of $208.96 million during the quarter, compared to the consensus estimate of $212.11 million. During the same period last year, the company earned ($0.06) earnings per share. The business’s quarterly revenue was down 2.5% compared to the same quarter last year. Zumiez has set its Q3 2026 guidance at 0.000-0.100 EPS. Sell-side analysts forecast that Zumiez will post 0.46 earnings per share for the current fiscal year.

Insider Buying and Selling at Zumiez

In related news, insider Adam Ellis purchased 10,000 shares of Zumiez stock in a transaction dated Friday, September 18th. The stock was bought at an average cost of $13.40 per share, with a total value of $134,000.00. Following the purchase, the insider owned 83,664 shares in the company, valued at approximately $1,121,097.60. The trade was a 13.58% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 24.30% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in ZUMZ. BlackRock Inc. acquired a new stake in Zumiez in the second quarter worth approximately $34,481,000. Dimensional Fund Advisors LP increased its position in shares of Zumiez by 0.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,015,576 shares of the apparel and footwear maker’s stock valued at $22,504,000 after purchasing an additional 3,710 shares during the period. Arrowstreet Capital Limited Partnership increased its position in shares of Zumiez by 16.7% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 471,498 shares of the apparel and footwear maker’s stock valued at $10,448,000 after purchasing an additional 67,469 shares during the period. Tieton Capital Management LLC bought a new stake in shares of Zumiez in the 2nd quarter worth $7,936,000. Finally, Empowered Funds LLC raised its stake in shares of Zumiez by 163.9% in the 1st quarter. Empowered Funds LLC now owns 426,130 shares of the apparel and footwear maker’s stock worth $9,443,000 after buying an additional 264,643 shares in the last quarter. Institutional investors and hedge funds own 95.45% of the company’s stock.

Zumiez Company Profile

(Get Free Report)

Zumiez Inc (NASDAQ: ZUMZ) is a specialty retailer focused on apparel, footwear, accessories and equipment associated with action sports, youth culture and contemporary streetwear. Its merchandise is designed for young men and women and includes products for skateboarding, snowboarding, surfing and BMX, along with fashion-oriented clothing and accessories.

The company sells a combination of third-party national brands, emerging labels and private-label merchandise through its retail stores and e-commerce platforms.

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