Zalando (OTCMKTS:ZLNDY – Get Free Report) released its quarterly earnings results on Tuesday. The company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.14), Zacks reports. Zalando had a return on equity of 3.46% and a net margin of 0.70%.
Zalando Stock Performance
Shares of ZLNDY opened at $15.04 on Tuesday. The stock has a market capitalization of $7.35 billion, a PE ratio of 68.37 and a beta of 1.46. Zalando has a 12-month low of $10.84 and a 12-month high of $17.37. The business’s fifty day moving average price is $13.41 and its 200 day moving average price is $13.45. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.06 and a quick ratio of 0.63.
Analysts Set New Price Targets
Separately, DZ Bank raised shares of Zalando from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy”.
View Our Latest Research Report on ZLNDY
Zalando Company Profile
Zalando SE is a Germany-based online fashion and lifestyle retailer headquartered in Berlin. The company operates a digital platform that offers clothing, footwear, accessories, beauty products and related lifestyle merchandise from international brands, as well as its own private-label offerings.
Founded in 2008 by Robert Gentz and David Schneider, Zalando initially focused on online footwear before expanding into a broader fashion marketplace. Its platform connects customers with brands and retail partners, while the company also provides services such as fulfillment, logistics, marketing and technology solutions through its partner ecosystem.
Zalando serves customers across multiple European markets through localized websites and mobile applications.
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