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

Zalando (OTCMKTS:ZLNDY) has received an average rating of “Hold” from the six ratings firms that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company.

A number of brokerages recently issued reports on ZLNDY. Barclays upgraded Zalando from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, January 13th. Sanford C. Bernstein upgraded Zalando from a “strong sell” rating to a “hold” rating in a research note on Friday, March 13th.

Zalando Trading Down 1.9%

Shares of Zalando stock opened at $12.78 on Wednesday. Zalando has a 1 year low of $10.84 and a 1 year high of $20.64. The stock has a fifty day moving average price of $12.36 and a 200-day moving average price of $13.71. The firm has a market cap of $6.75 billion, a PE ratio of 26.63 and a beta of 1.61. 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 (OTCMKTS:ZLNDY) last announced its quarterly earnings data on Thursday, March 12th. The company reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.16). Zalando had a net margin of 1.76% and a return on equity of 7.90%. The firm had revenue of $4.74 billion during the quarter, compared to the consensus estimate of $4.77 billion. Equities research analysts anticipate that Zalando will post 0.5 EPS for the current 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.