Zumiez Inc. (NASDAQ:ZUMZ) Director Sells $38,400.00 in Stock

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Zumiez Inc. (NASDAQ:ZUMZ) Director Thomas D. Campion sold 1,200 shares of the company’s stock in a transaction dated Wednesday, September 18th. The shares were sold at an average price of $32.00, for a total transaction of $38,400.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of ZUMZ traded down $0.17 during mid-day trading on Friday, hitting $31.19. 174,841 shares of the company’s stock were exchanged, compared to its average volume of 704,232. The company has a market cap of $817.88 million, a price-to-earnings ratio of 17.42, a P/E/G ratio of 1.23 and a beta of 1.54. Zumiez Inc. has a fifty-two week low of $17.57 and a fifty-two week high of $33.47. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.23 and a current ratio of 2.06. The stock’s 50-day moving average is $26.06 and its 200-day moving average is $24.87.

Zumiez (NASDAQ:ZUMZ) last issued its quarterly earnings results on Thursday, September 5th. The apparel and footwear maker reported $0.36 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.19 by $0.17. The business had revenue of $228.40 million for the quarter, compared to analysts’ expectations of $223.65 million. Zumiez had a net margin of 5.35% and a return on equity of 13.59%. The business’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.17 earnings per share. As a group, equities research analysts anticipate that Zumiez Inc. will post 2.16 EPS for the current year.

ZUMZ has been the topic of a number of recent analyst reports. ValuEngine cut shares of Zumiez from a “hold” rating to a “sell” rating in a research report on Thursday, September 12th. TheStreet raised shares of Zumiez from a “c+” rating to a “b” rating in a research report on Thursday, September 5th. B. Riley increased their price target on shares of Zumiez from $28.00 to $32.00 and gave the stock a “buy” rating in a research report on Friday, September 6th. BidaskClub cut shares of Zumiez from a “strong-buy” rating to a “buy” rating in a research report on Friday. Finally, Robert W. Baird set a $33.00 price target on shares of Zumiez and gave the stock a “hold” rating in a research report on Friday, September 6th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $27.00.

Large investors have recently modified their holdings of the stock. Point72 Hong Kong Ltd acquired a new stake in Zumiez in the second quarter valued at approximately $69,000. DekaBank Deutsche Girozentrale acquired a new stake in Zumiez in the second quarter valued at approximately $71,000. BNP Paribas Arbitrage SA raised its holdings in Zumiez by 853.5% in the first quarter. BNP Paribas Arbitrage SA now owns 4,310 shares of the apparel and footwear maker’s stock valued at $107,000 after acquiring an additional 3,858 shares in the last quarter. Cubist Systematic Strategies LLC raised its holdings in Zumiez by 501.6% in the second quarter. Cubist Systematic Strategies LLC now owns 9,625 shares of the apparel and footwear maker’s stock valued at $251,000 after acquiring an additional 8,025 shares in the last quarter. Finally, CIBC World Markets Inc. acquired a new stake in Zumiez in the first quarter valued at approximately $260,000. 83.50% of the stock is currently owned by hedge funds and other institutional investors.

Zumiez Company Profile

Zumiez Inc, together with its subsidiaries, operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. Its hardgoods include skateboards, snowboards, bindings, components, and other equipment. As of September 1, 2018, the company operated 703 stores, including 610 stores in the United States, 50 stores in Canada, 36 stores in Europe, and 7 stores in Australia under the names of Zumiez, Blue Tomato, and Fast Times.

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