Zumiez (NASDAQ:ZUMZ) Sets New 1-Year High After Earnings Beat

Zumiez Inc. (NASDAQ:ZUMZGet Free Report) reached a new 52-week high during mid-day trading on Friday following a stronger than expected earnings report. The stock traded as high as $30.26 and last traded at $30.41, with a volume of 461706 shares changing hands. The stock had previously closed at $27.26.

The apparel and footwear maker reported $0.55 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.28. Zumiez had a net margin of 0.06% and a return on equity of 0.19%. The company had revenue of $239.13 million during the quarter, compared to the consensus estimate of $234.66 million. During the same period in the previous year, the firm posted $0.06 earnings per share. The company’s revenue was up 7.5% on a year-over-year basis. Zumiez has set its Q4 2025 guidance at 0.970-1.070 EPS.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Zacks Research cut Zumiez from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 4th. Wall Street Zen upgraded shares of Zumiez from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Zumiez in a research note on Wednesday, October 8th. Finally, B. Riley reissued a “neutral” rating on shares of Zumiez in a research note on Friday. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Zumiez currently has an average rating of “Reduce” and a consensus target price of $18.00.

Check Out Our Latest Analysis on Zumiez

Insider Transactions at Zumiez

In related news, 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 transaction of $77,851.50. Following the completion of the transaction, the director directly owned 7,154 shares in the company, valued at approximately $152,380.20. This trade represents a 33.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Chris K. Visser sold 5,618 shares of Zumiez stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $20.09, for a total transaction of $112,865.62. Following the completion of the sale, the insider owned 44,303 shares in the company, valued at $890,047.27. The trade was a 11.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 21.20% of the stock is currently owned by corporate insiders.

Institutional Trading of Zumiez

Several institutional investors and hedge funds have recently added to or reduced their stakes in ZUMZ. Quarry LP acquired a new stake in shares of Zumiez during the third quarter valued at about $54,000. Quantbot Technologies LP bought a new position in Zumiez in the 2nd quarter valued at approximately $71,000. CWM LLC boosted its position in Zumiez by 422.9% during the 2nd quarter. CWM LLC now owns 6,751 shares of the apparel and footwear maker’s stock worth $90,000 after buying an additional 5,460 shares during the period. Aquatic Capital Management LLC bought a new stake in Zumiez during the 3rd quarter worth approximately $148,000. Finally, BNP Paribas Financial Markets grew its holdings in Zumiez by 507.6% during the 3rd quarter. BNP Paribas Financial Markets now owns 9,534 shares of the apparel and footwear maker’s stock worth $187,000 after acquiring an additional 7,965 shares during the last quarter. 95.45% of the stock is owned by institutional investors.

Zumiez Trading Up 11.5%

The company’s 50-day simple moving average is $22.20 and its 200-day simple moving average is $17.54. The stock has a market capitalization of $521.12 million, a price-to-earnings ratio of -3,029.37 and a beta of 0.85.

Zumiez Company Profile

(Get Free Report)

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.

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