News stories about Zumiez (NASDAQ:ZUMZ) have been trending positive on Tuesday, according to Accern. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Zumiez earned a news sentiment score of 0.27 on Accern’s scale. Accern also gave headlines about the apparel and footwear maker an impact score of 46.2680631601038 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Zumiez (ZUMZ) Rating Increased to Buy at Zacks Investment Research (americanbankingnews.com)
- Zumiez (ZUMZ) in Focus: Stock Moves 5.9% Higher (finance.yahoo.com)
- FY2019 EPS Estimates for Zumiez Inc. Boosted by Analyst (ZUMZ) (americanbankingnews.com)
- William Blair Equities Analysts Raise Earnings Estimates for Zumiez Inc. (ZUMZ) (americanbankingnews.com)
- Research Analysts Offer Predictions for Zumiez Inc.’s Q3 2019 Earnings (ZUMZ) (americanbankingnews.com)
Shares of Zumiez (NASDAQ:ZUMZ) traded up $0.30 during midday trading on Tuesday, hitting $23.70. The stock had a trading volume of 219,581 shares, compared to its average volume of 437,460. The company has a market capitalization of $558.02, a price-to-earnings ratio of 21.94, a P/E/G ratio of 0.84 and a beta of 1.28. Zumiez has a one year low of $11.43 and a one year high of $24.44.
ZUMZ has been the topic of several research analyst reports. William Blair restated a “buy” rating on shares of Zumiez in a research note on Thursday, January 4th. B. Riley set a $25.50 price objective on Zumiez and gave the company a “buy” rating in a research note on Thursday, January 4th. Zacks Investment Research upgraded Zumiez from a “hold” rating to a “buy” rating and set a $25.00 price objective on the stock in a research note on Tuesday. BidaskClub upgraded Zumiez from a “hold” rating to a “buy” rating in a research note on Tuesday. Finally, Jefferies Group set a $22.00 price objective on Zumiez and gave the company a “hold” rating in a research note on Thursday, January 4th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Zumiez presently has an average rating of “Buy” and an average price target of $22.00.
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Zumiez Inc, including its subsidiaries, is a specialty retailer of apparel, footwear, accessories and hardgoods for young men and women through the fashion, music, art and culture of action sports, streetwear and other lifestyles. The Company operates under the names Zumiez, Blue Tomato and Fast Times.
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