Zalando (OTCMKTS:ZLNDY) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Zalando (OTCMKTS:ZLNDY) have been given an average rating of “Moderate Buy” by the six ratings firms that are presently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of equities research analysts have issued reports on ZLNDY shares. DZ Bank lowered shares of Zalando from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. Barclays raised shares of Zalando to a “strong-buy” rating in a report on Wednesday, May 6th. Finally, Citigroup restated a “buy” rating on shares of Zalando in a research report on Thursday, May 14th.

Zalando Stock Performance

OTCMKTS ZLNDY opened at $15.88 on Friday. The firm has a market cap of $8.20 billion, a price-to-earnings ratio of 61.08 and a beta of 1.51. The company has a quick ratio of 0.58, a current ratio of 1.09 and a debt-to-equity ratio of 0.18. The business has a 50-day moving average price of $13.82 and a 200-day moving average price of $13.30. Zalando has a twelve month low of $10.84 and a twelve month high of $16.33.

Zalando (OTCMKTS:ZLNDY) last issued its earnings results on Wednesday, May 6th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.25). Zalando had a net margin of 0.89% and a return on equity of 4.15%. The business had revenue of $3.52 billion for the quarter, compared to the consensus estimate of $3.48 billion. As a group, equities research analysts predict that Zalando will post 0.45 EPS 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.