Zalando (OTCMKTS:ZLNDY) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Zalando (OTCMKTS:ZLNDY) have been assigned an average recommendation of “Moderate Buy” from the six ratings firms that are currently covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company.

Several research analysts have issued reports on the company. Barclays upgraded Zalando to a “strong-buy” rating in a research note on Wednesday, May 6th. Citigroup restated a “buy” rating on shares of Zalando in a research note on Thursday, May 14th. Finally, DZ Bank lowered shares of Zalando from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th.

Zalando Price Performance

OTCMKTS ZLNDY opened at $15.85 on Friday. Zalando has a 1-year low of $10.84 and a 1-year high of $16.33. The company has a market capitalization of $8.18 billion, a price-to-earnings ratio of 60.96 and a beta of 1.51. The stock’s 50 day moving average is $13.74 and its two-hundred day moving average is $13.29. The company has a current ratio of 1.09, a quick ratio of 0.58 and a debt-to-equity ratio of 0.18.

Zalando (OTCMKTS:ZLNDY) last posted its earnings results on Wednesday, May 6th. The company reported ($0.20) EPS for the quarter, missing the consensus estimate of $0.05 by ($0.25). The company had revenue of $3.52 billion for the quarter, compared to the consensus estimate of $3.48 billion. Zalando had a return on equity of 4.15% and a net margin of 0.89%. Equities analysts forecast that Zalando will post 0.45 earnings per share for the current fiscal 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.