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

Shares of Zalando (OTCMKTS:ZLNDY) have earned a consensus rating of “Hold” from the six ratings firms that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company.

ZLNDY has been the topic of a number of research reports. Sanford C. Bernstein upgraded Zalando from a “strong sell” rating to a “hold” rating in a report on Friday. Barclays raised Zalando from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, January 13th. Finally, Citigroup restated a “buy” rating on shares of Zalando in a research note on Thursday, December 11th.

Zalando Trading Up 1.4%

OTCMKTS ZLNDY opened at $13.70 on Friday. Zalando has a one year low of $10.84 and a one year high of $20.64. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.12 and a quick ratio of 0.59. The firm has a market cap of $7.24 billion, a P/E ratio of 28.54 and a beta of 1.65. The stock’s 50-day moving average is $13.18 and its 200-day moving average is $14.01.

Zalando (OTCMKTS:ZLNDY) last issued its quarterly earnings data on Thursday, March 12th. The company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.16). The company had revenue of $4.74 billion for the quarter, compared to analyst estimates of $4.77 billion. Zalando had a return on equity of 7.90% and a net margin of 1.76%. Sell-side analysts anticipate that Zalando will post 0.5 earnings per share for the current fiscal year.

Zalando Company Profile

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.