Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Zumiez (ZUMZ) Stock Price

News headlines about Zumiez (NASDAQ:ZUMZ) have trended somewhat positive on Thursday, Accern reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Zumiez earned a news impact score of 0.23 on Accern’s scale. Accern also gave headlines about the apparel and footwear maker an impact score of 46.0673358795201 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

These are some of the headlines that may have effected Accern’s scoring:

Shares of Zumiez (NASDAQ:ZUMZ) opened at $20.35 on Thursday. The stock has a market capitalization of $528.98, a P/E ratio of 20.54, a P/E/G ratio of 1.07 and a beta of 1.39. Zumiez has a 12-month low of $11.43 and a 12-month high of $25.40.

Zumiez (NASDAQ:ZUMZ) last issued its quarterly earnings results on Thursday, November 30th. The apparel and footwear maker reported $0.48 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.48. The business had revenue of $245.80 million for the quarter, compared to the consensus estimate of $244.50 million. Zumiez had a return on equity of 7.99% and a net margin of 2.84%. The firm’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.43 earnings per share. equities research analysts anticipate that Zumiez will post 1.09 earnings per share for the current fiscal year.

A number of brokerages have recently weighed in on ZUMZ. Jefferies Group reiterated a “hold” rating and set a $21.00 target price on shares of Zumiez in a research note on Sunday, December 3rd. B. Riley reissued a “buy” rating and set a $21.00 price target (up previously from $18.00) on shares of Zumiez in a research report on Thursday, October 5th. BMO Capital Markets set a $20.00 price target on Zumiez and gave the stock a “hold” rating in a research report on Friday, December 1st. Robert W. Baird reissued a “neutral” rating and set a $17.00 price target on shares of Zumiez in a research report on Tuesday, October 3rd. Finally, BidaskClub raised Zumiez from a “sell” rating to a “hold” rating in a research report on Friday, August 25th. Seven analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $20.00.

In other Zumiez news, Director Scott Andrew Bailey sold 7,843 shares of the firm’s stock in a transaction on Monday, December 4th. The stock was sold at an average price of $20.75, for a total value of $162,742.25. Following the sale, the director now owns 9,908 shares of the company’s stock, valued at approximately $205,591. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 27.50% of the company’s stock.

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Zumiez Company Profile

Zumiez Inc, including its subsidiaries, is a specialty retailer of apparel, footwear, accessories and hardgoods for young men and women through the fashion, music, art and culture of action sports, streetwear and other lifestyles. The Company operates under the names Zumiez, Blue Tomato and Fast Times.

Insider Buying and Selling by Quarter for Zumiez (NASDAQ:ZUMZ)

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