Zumiez (NASDAQ:ZUMZ) Cut to “Hold” at Wall Street Zen

Wall Street Zen downgraded shares of Zumiez (NASDAQ:ZUMZ) from a buy rating to a hold rating in a research report report published on Saturday morning.

ZUMZ has been the subject of several other reports. B. Riley Financial restated a “neutral” rating on shares of Zumiez in a research report on Friday, December 5th. Zacks Research cut Zumiez from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 11th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Zumiez in a research note on Monday, December 29th. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, Zumiez has an average rating of “Hold” and an average price target of $18.00.

Zumiez Trading Up 1.4%

NASDAQ:ZUMZ opened at $21.72 on Friday. The company has a market cap of $368.59 million, a P/E ratio of 25.26 and a beta of 0.87. Zumiez has a twelve month low of $11.31 and a twelve month high of $31.70. The company’s 50-day moving average price is $24.96 and its 200-day moving average price is $23.74.

Zumiez (NASDAQ:ZUMZ) last released its earnings results on Thursday, March 12th. The apparel and footwear maker reported $1.16 earnings per share for the quarter, topping analysts’ consensus estimates of $1.08 by $0.08. The business had revenue of $291.31 million for the quarter, compared to analyst estimates of $289.24 million. Zumiez had a net margin of 1.44% and a return on equity of 3.91%. The business’s revenue was up 4.4% on a year-over-year basis. During the same period last year, the company posted $0.78 EPS. Zumiez has set its Q1 2026 guidance at 0.770-0.870 EPS. On average, analysts expect that Zumiez will post -0.12 earnings per share for the current year.

Zumiez announced that its board has authorized a share repurchase program on Wednesday, March 11th that authorizes the company to buyback $40.00 million in outstanding shares. This buyback authorization authorizes the apparel and footwear maker to buy up to 10.2% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Insider Buying and Selling at Zumiez

In related news, insider Adam Christopher Ellis sold 7,319 shares of Zumiez stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $28.41, for a total transaction of $207,932.79. Following the sale, the insider directly owned 60,031 shares in the company, valued at $1,705,480.71. This trade represents a 10.87% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Travis Smith sold 9,175 shares of Zumiez stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $28.36, for a total value of $260,203.00. Following the sale, the director owned 22,954 shares in the company, valued at $650,975.44. This trade represents a 28.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 20.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On Zumiez

Several institutional investors have recently added to or reduced their stakes in ZUMZ. Kestra Advisory Services LLC acquired a new position in shares of Zumiez in the fourth quarter valued at approximately $27,000. Quarry LP acquired a new position in shares of Zumiez during the 3rd quarter worth $54,000. Quantbot Technologies LP acquired a new position in Zumiez during the second quarter worth about $71,000. Aquatic Capital Management LLC acquired a new stake in shares of Zumiez in the 3rd quarter worth approximately $148,000. Finally, State of Wyoming acquired a new stake in Zumiez in the fourth quarter valued at $169,000. Institutional investors and hedge funds own 95.45% of the company’s stock.

About Zumiez

Zumiez, Inc (NASDAQ: ZUMZ) is a specialty retailer offering apparel, footwear, accessories and hardgoods targeted at the action-sports lifestyle market. With a focus on skateboarding, snowboarding, BMX and streetwear, the company stocks a mix of leading third-party brands—such as Vans, Nike SB, DC Shoes and The North Face—alongside proprietary private-label merchandise. In addition to traditional fashion items, Zumiez stores carry hardware and equipment tailored to board sports, supporting both amateur and enthusiast consumers.

Originally founded in 1978 in Seattle, Washington, by Tom Campion, Gary Haakenson and Steve Brosvik, Zumiez opened its first branded retail location in 1988.