Zumiez (NASDAQ:ZUMZ) Upgraded at Wall Street Zen

Zumiez (NASDAQ:ZUMZ) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Saturday.

ZUMZ has been the subject of a number of other research reports. Weiss Ratings reissued a “sell (d+)” rating on shares of Zumiez in a research note on Wednesday, October 8th. B. Riley restated a “neutral” rating on shares of Zumiez in a report on Friday. Finally, Zacks Research downgraded shares of Zumiez from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 4th. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $18.00.

Zumiez Trading Up 12.3%

Zumiez stock opened at $30.62 on Friday. The company has a market capitalization of $525.13 million, a PE ratio of 63.79 and a beta of 0.85. The stock has a 50-day moving average price of $22.41 and a two-hundred day moving average price of $17.66. Zumiez has a 12 month low of $11.31 and a 12 month high of $30.65.

Zumiez (NASDAQ:ZUMZ) last issued its quarterly earnings results on Thursday, December 4th. The apparel and footwear maker reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.28. The business had revenue of $239.13 million for the quarter, compared to analysts’ expectations of $234.66 million. Zumiez had a net margin of 0.94% and a return on equity of 2.31%. The business’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.06 earnings per share. Zumiez has set its Q4 2025 guidance at 0.970-1.070 EPS. As a group, analysts predict that Zumiez will post -0.12 earnings per share for the current fiscal year.

Insider Activity at Zumiez

In other news, insider Chris K. Visser sold 5,618 shares of the stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $20.09, for a total value of $112,865.62. Following the completion of the sale, the insider directly owned 44,303 shares of the company’s stock, valued at $890,047.27. This represents a 11.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Liliana Gil Valletta sold 3,655 shares of Zumiez stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $21.30, for a total transaction of $77,851.50. Following the sale, the director owned 7,154 shares in the company, valued at approximately $152,380.20. The trade was a 33.81% decrease in their position. The disclosure for this sale is available in the SEC filing. 21.20% of the stock is owned by corporate insiders.

Institutional Trading of Zumiez

Several large investors have recently added to or reduced their stakes in ZUMZ. PharVision Advisers LLC acquired a new position in Zumiez in the 3rd quarter worth about $295,000. Quarry LP purchased a new position in shares of Zumiez during the 3rd quarter valued at approximately $54,000. Qube Research & Technologies Ltd acquired a new stake in Zumiez in the 3rd quarter valued at $270,000. Numerai GP LLC increased its holdings in Zumiez by 134.8% in the 3rd quarter. Numerai GP LLC now owns 24,314 shares of the apparel and footwear maker’s stock worth $477,000 after acquiring an additional 13,958 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV acquired a new position in Zumiez during the third quarter worth $214,000. Hedge funds and other institutional investors own 95.45% of the company’s stock.

About Zumiez

Zumiez Inc operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. The company provides hardgoods, including skateboards, snowboards, bindings, components, and other equipment. It operates stores in the United States, Canada, Europe, and Australia under the names of Zumiez, Blue Tomato, and Fast Times.