Zumiez (NASDAQ:ZUMZ) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Zumiez (NASDAQ:ZUMZ) from a hold rating to a buy rating in a report released on Saturday.

A number of other brokerages have also recently weighed in on ZUMZ. B. Riley raised their price objective on shares of Zumiez from $14.00 to $18.00 and gave the stock a “neutral” rating in a research note on Friday, September 5th. Zacks Research raised Zumiez from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 2nd. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Zumiez in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Zumiez has a consensus rating of “Hold” and a consensus price target of $18.00.

Zumiez Stock Performance

Shares of ZUMZ stock opened at $20.51 on Friday. Zumiez has a 1 year low of $11.31 and a 1 year high of $24.37. The stock has a market cap of $351.75 million, a PE ratio of -2,048.95 and a beta of 1.04. The stock has a fifty day moving average price of $18.36 and a 200 day moving average price of $14.90.

Zumiez (NASDAQ:ZUMZ) last announced its quarterly earnings results on Thursday, September 4th. The apparel and footwear maker reported ($0.06) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.11) by $0.05. The business had revenue of $214.28 million during the quarter, compared to analysts’ expectations of $210.53 million. Zumiez had a return on equity of 0.19% and a net margin of 0.06%.The business’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same quarter last year, the business posted ($0.04) earnings per share. Zumiez has set its Q3 2025 guidance at 0.190-0.290 EPS. As a group, equities research analysts predict that Zumiez will post -0.12 earnings per share for the current year.

Insider Buying and Selling at Zumiez

In other news, insider Chris K. Visser sold 5,618 shares of Zumiez stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $20.09, for a total value of $112,865.62. Following the completion of the sale, the insider owned 44,303 shares of the company’s stock, valued at $890,047.27. The trade was a 11.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Liliana Gil Valletta sold 3,655 shares of the stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $21.30, for a total value of $77,851.50. Following the transaction, the director owned 7,154 shares in the company, valued at $152,380.20. This trade represents a 33.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. 20.30% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Paradigm Capital Management Inc. NY raised its stake in Zumiez by 478.0% during the second quarter. Paradigm Capital Management Inc. NY now owns 768,691 shares of the apparel and footwear maker’s stock worth $10,193,000 after purchasing an additional 635,691 shares during the period. Acadian Asset Management LLC raised its stake in Zumiez by 29.8% during the second quarter. Acadian Asset Management LLC now owns 762,932 shares of the apparel and footwear maker’s stock worth $10,115,000 after purchasing an additional 175,116 shares during the period. Ameriprise Financial Inc. raised its position in shares of Zumiez by 45.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 562,252 shares of the apparel and footwear maker’s stock worth $7,455,000 after buying an additional 176,835 shares during the period. Geode Capital Management LLC raised its position in shares of Zumiez by 1.8% in the 2nd quarter. Geode Capital Management LLC now owns 382,561 shares of the apparel and footwear maker’s stock worth $5,074,000 after buying an additional 6,682 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of Zumiez by 11.7% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 336,196 shares of the apparel and footwear maker’s stock worth $4,458,000 after buying an additional 35,226 shares during the period. 95.45% of the stock is currently owned by hedge funds and other institutional investors.

Zumiez Company Profile

Zumiez Inc operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. The company provides hardgoods, including skateboards, snowboards, bindings, components, and other equipment. It operates stores in the United States, Canada, Europe, and Australia under the names of Zumiez, Blue Tomato, and Fast Times.