ZALANDO SE/ADR (ZLNDY) Upgraded by Zacks Investment Research to Hold

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ZALANDO SE/ADR (OTCMKTS:ZLNDY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Saturday.

According to Zacks, “Zalando SE is an online fashion retailer. The Company offers clothing, sports products, shoes, bags and other accessories for men, women and children. Zalando SE is headquartered in Berlin, Germany. “

Separately, ValuEngine cut shares of ZALANDO SE/ADR from a “buy” rating to a “hold” rating in a research report on Wednesday, August 8th.

Shares of ZALANDO SE/ADR stock traded down $0.39 on Friday, hitting $17.84. 11,124 shares of the company’s stock traded hands, compared to its average volume of 15,802. The stock has a market capitalization of $8.91 billion, a price-to-earnings ratio of 77.57, a PEG ratio of 3.66 and a beta of 0.82. ZALANDO SE/ADR has a one year low of $17.48 and a one year high of $30.41.

ZALANDO SE/ADR (OTCMKTS:ZLNDY) last issued its earnings results on Tuesday, August 7th. The company reported $0.12 EPS for the quarter. The company had revenue of $1.59 billion during the quarter. ZALANDO SE/ADR had a net margin of 1.74% and a return on equity of 5.78%. On average, research analysts forecast that ZALANDO SE/ADR will post 0.22 earnings per share for the current fiscal year.

About ZALANDO SE/ADR

Zalando SE operates as an online fashion retailer in Europe. The company offers a range of products, including clothes, shoes, and accessories for women, men, and children. Zalando SE also sells its products through its Zalando Lounge; and brick-and-mortar stores in Berlin, Frankfurt am main, and Cologne.

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