Wall Street Zen Downgrades Zumiez (NASDAQ:ZUMZ) to Strong Sell

Zumiez (NASDAQ:ZUMZ) was downgraded by investment analysts at Wall Street Zen from a “sell” rating to a “strong sell” rating in a note issued to investors on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings upgraded shares of Zumiez from a “sell (d)” rating to a “hold (c-)” rating in a research report on Friday, September 11th. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Zumiez Stock Performance

NASDAQ:ZUMZ opened at $13.20 on Friday. The firm has a market cap of $202.36 million, a price-to-earnings ratio of 18.33 and a beta of 1.00. The company’s 50-day moving average is $18.08 and its two-hundred day moving average is $20.56. Zumiez has a 12-month low of $13.07 and a 12-month high of $31.70.

Zumiez (NASDAQ:ZUMZ) last issued its quarterly earnings results on Thursday, September 10th. The apparel and footwear maker reported ($0.17) EPS for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.03). The firm had revenue of $208.96 million for the quarter, compared to analysts’ expectations of $212.11 million. Zumiez had a return on equity of 3.71% and a net margin of 1.36%.The business’s quarterly revenue was down 2.5% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.06) earnings per share. Zumiez has set its Q3 2026 guidance at 0.000-0.100 EPS. On average, equities research analysts forecast that Zumiez will post 0.46 earnings per share for the current fiscal year.

Institutional Trading of Zumiez

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ZUMZ. New York State Teachers Retirement System purchased a new position in shares of Zumiez during the 1st quarter worth about $27,000. Legal & General Group Plc purchased a new stake in Zumiez in the second quarter valued at approximately $25,000. Quantbot Technologies LP purchased a new stake in Zumiez in the second quarter valued at approximately $31,000. Integrated Wealth Concepts LLC purchased a new stake in Zumiez in the second quarter valued at approximately $34,000. Finally, State of Wyoming acquired a new position in Zumiez during the second quarter worth approximately $155,000. Hedge funds and other institutional investors own 95.45% of the company’s stock.

About Zumiez

Zumiez, Inc is a specialty retailer focused on apparel, footwear, accessories and equipment for young men and women interested in action sports, streetwear and active lifestyles. Its merchandise includes clothing, shoes, headwear, backpacks, skateboards, snowboards and related products, sold under a mix of established brands and private-label offerings.

The company operates through a combination of physical retail stores and e-commerce platforms. Its stores emphasize trend-focused merchandise and culture-driven retail experiences connected to skateboarding, snowboarding, surfing, BMX, motocross and other youth-oriented activities.

Founded in 1978, Zumiez began as a single store in Seattle, Washington, and has expanded its presence across the United States, Canada, Europe and Australia.