Zumiez Inc. (NASDAQ:ZUMZ) currently has a daily average trading volume of 414.92K but it saw 859144 shares traded on Wednesday. With a market cap of 365.84M USD, stock’s current market price of $17.33 came rising about 3.40 while comparing to the previous closing price of $16.76. In past 52 weeks, the stock remained buoying in the range of price level as high as $34.57 and as low as $15.59. In the recent trading on the day, stock has struck highest price mark of $17.53 while lowest mark touched by it was $16.84.
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Taking a look at 20-day trading activity of Zumiez Inc. (ZUMZ) gives us an average price of $16.54, while its current price level is -49.87% below from 52-week high level whereas it is 11.20% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $17.53 while that of 200 days or SMA-200 reads an average of $22.23. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.53% during that period while stretching the period over a month that decreases to 4.03%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 52.94 which implies that the stock is in neutral territory.
Zumiez Inc. (ZUMZ)’s stock is currently under the radar of 4 analysts who are in consensus at a 12-month price target range of between $21.00 and $21.00 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $21.00 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $21.00. Average price target assigned by them is $21.00 which highlights an upside potential of 17.48% for the stock over that period. And to attain the median price target of $21.00 assigned by those analysts, stock has to add about 17.48% of value to its current levels.
Data by FactSet Research shows that 4 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 0 analysts suggested the investors to Buy the stock while 4 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Hold for the stock and that issued by Wall Street to investors is Hold.
Over the week, ZUMZ’s stock price is moving 2.91% up while it is 3.83% when we observe its performance for the past one month. Year-to-date it is -20.29% down and over the past year, the stock is showing a downside performance of -43.66%.
The latest quarterly earnings report issued by the company was for quarter ended 1/30/2023, when its quarterly earnings per share (EPS) of $0.59 beat the consensus estimate of $0.49 for the same. The company is expected to be releasing its next quarterly report in 09/07/2023, for which analysts forecasted an EPS of -$0.86 while estimate for next year EPS is $0.22. For ZUMZ, analysts are forecasting an EPS-growth rate of -79.60% for current year and estimate for EPS growth in next year is 413.60%. In next quarter, company is expected to be making quarterly sales of $200.55 million as analysts are expecting the sales for current fiscal year at $913.11 million and seeing the company making $949.38 million in sales next year. Moreover, analysts are in estimates of $182.62 million for current-quarter revenue.
Currently, Zumiez Inc.’s total number of outstanding shares is 19.11M with 19.13% of that held by the insiders while 94.97% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 4.80% and return on equity (ROE) at 5.50%. It has a price to earnings ratio (P/E ratio) of 15.86 while having a 15.30 of forward P/E ratio. Stock’s beta reads 1.51. Stock has a price to book (P/B) ratio of 0.81 while price to sale or P/S ratio amounts to 0.38. Its return on asset (ROA) is 2.80% on average.
A filing at the U.S. Securities and Exchange Commission revealed that iShares Core S&P Small Cap ETF came shrinking its share ownership by -0.16% in the Zumiez Inc. (ZUMZ) decreasing its stake to 5.77% with control over 1802.0 shares in the company. As per SEC documents, iShares Core S&P Small Cap ETF sought 1,123,934 of company’s common stock of worth $19.65 million as per recent closing price of the stock. iShares Core S&P Small Cap ETF is not the only institutional holder which restructured its stake in Zumiez Inc., as MFS New Discovery Value Fund picked 1,117,048 shares of worth $19.53 million to bring its holdings to a total of 10197.0 shares. In the most recent quarter, Thrivent Small Cap Stock Fund came rising its stake by 7.17% in the company and now holds 0.81 million or 4.14% of the company’s stake having worth of about 14.1 million.
