Zalando (ZLNDY) Projected to Post Quarterly Earnings on Thursday

Zalando (OTCMKTS:ZLNDY) is projected to release its results before the market opens on Thursday, March 5th. Analysts expect Zalando to post earnings of $0.3749 per share and revenue of $4.7745 billion for the quarter.

Zalando Price Performance

Shares of OTCMKTS:ZLNDY opened at $11.21 on Wednesday. Zalando has a 12 month low of $10.84 and a 12 month high of $20.64. The firm has a market capitalization of $5.92 billion, a P/E ratio of 21.55 and a beta of 1.65. 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 company’s fifty day moving average price is $13.63 and its 200 day moving average price is $14.13.

Analyst Ratings Changes

Several analysts have recently weighed in on ZLNDY shares. Barclays raised Zalando from an “equal weight” rating to an “overweight” rating in a report on Tuesday, January 13th. Citigroup reissued a “buy” rating on shares of Zalando in a report on Thursday, December 11th. Three investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

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.