Zalando (OTCMKTS:ZLNDY) Receives Average Recommendation of “Moderate Buy” from Brokerages

Zalando (OTCMKTS:ZLNDY) has been given an average recommendation of “Moderate Buy” by the six research firms that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company.

A number of analysts have recently issued reports on ZLNDY shares. Barclays upgraded Zalando to a “strong-buy” rating in a research report on Wednesday, May 6th. Citigroup reiterated a “buy” rating on shares of Zalando in a research report on Thursday, May 14th. Finally, Sanford C. Bernstein upgraded Zalando from a “strong sell” rating to a “hold” rating in a research report on Friday, March 13th.

Zalando Stock Performance

OTCMKTS:ZLNDY opened at $13.19 on Thursday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.68 and a current ratio of 1.11. Zalando has a 52-week low of $10.84 and a 52-week high of $18.54. The firm has a market cap of $6.81 billion, a price-to-earnings ratio of 50.73 and a beta of 1.52. The business’s fifty day moving average is $12.37 and its 200 day moving average is $13.08.

Zalando (OTCMKTS:ZLNDY) last released its quarterly earnings data on Wednesday, May 6th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.25). Zalando had a net margin of 0.89% and a return on equity of 4.12%. The company had revenue of $3.52 billion for the quarter, compared to the consensus estimate of $3.48 billion. Research analysts predict that Zalando will post 0.47 EPS for the current year.

About Zalando

Zalando SE is a leading European online fashion and lifestyle platform, headquartered in Berlin, Germany. Established in 2008 by Robert Gentz and David Schneider, the company has built a marketplace that connects consumers with a broad selection of apparel, footwear, accessories and beauty products. Trading on the OTC Markets under the symbol ZLNDY, Zalando caters to style-conscious shoppers seeking both well-known international brands and emerging designers through its digital storefront.

Since its inception, Zalando has pursued rapid expansion across Europe, launching operations in key markets including Germany, France, Italy, the United Kingdom and the Nordics.