Shares of Zalando (OTCMKTS:ZLNDY – Get Free Report) dropped 6.3% on Tuesday following a weaker than expected earnings announcement. The stock traded as low as $14.09 and last traded at $14.09. Approximately 17,763 shares were traded during trading, a decline of 66% from the average session volume of 51,856 shares. The stock had previously closed at $15.04.
The company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.10 by ($0.14). Zalando had a return on equity of 3.46% and a net margin of 0.70%.
Analyst Ratings Changes
Separately, DZ Bank raised Zalando from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy”.
Read Our Latest Stock Analysis on Zalando
Zalando Stock Performance
The company has a quick ratio of 0.63, a current ratio of 1.06 and a debt-to-equity ratio of 0.19. The stock has a fifty day moving average price of $13.41 and a 200-day moving average price of $13.45. The firm has a market cap of $6.88 billion, a price-to-earnings ratio of 64.00 and a beta of 1.46.
About Zalando
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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