Zalando (OTCMKTS:ZLNDY) Receives Average Rating of “Hold” from Brokerages

Shares of Zalando (OTCMKTS:ZLNDY) have been given an average rating of “Hold” by the five analysts that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating on the company.

ZLNDY has been the subject of several research analyst reports. Citigroup restated a “buy” rating on shares of Zalando in a research report on Thursday, December 11th. Barclays upgraded Zalando from an “equal weight” rating to an “overweight” rating in a research report on Tuesday.

Zalando Stock Performance

OTCMKTS:ZLNDY opened at $14.84 on Tuesday. The stock has a market cap of $7.83 billion, a P/E ratio of 28.53 and a beta of 1.60. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.12 and a quick ratio of 0.59. Zalando has a 1-year low of $12.61 and a 1-year high of $20.64. The firm has a 50-day moving average of $13.99 and a two-hundred day moving average of $14.66.

Zalando (OTCMKTS:ZLNDY) last announced its earnings results on Thursday, November 6th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.09). Zalando had a net margin of 2.07% and a return on equity of 8.67%. The business had revenue of $3.47 billion during the quarter, compared to the consensus estimate of $3.45 billion. On average, research analysts expect that Zalando will post 0.5 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.