What Next for Zumiez Inc. (ZUMZ) Stock After Today’s Huge Increase?

September 17, 2017 - By Michael Collier

Investors sentiment increased to 1.62 in Q4 2016. Its up 0.77, from 0.85 in 2016Q3. It increased, as 12 investors sold Zumiez Inc. shares while 35 reduced holdings. 35 funds opened positions while 41 raised stakes. 19.96 million shares or 0.57% more from 19.85 million shares in 2016Q3 were reported.
Royal State Bank Of Canada owns 834 shares. The California-based Blackrock Fund Advsr has invested 0.01% in Zumiez Inc. (NASDAQ:ZUMZ). Kalmar Invests De holds 0.28% or 250,334 shares. Capstone Asset Mngmt accumulated 0.01% or 10,820 shares. Ls Advsr Lc holds 725 shares or 0% of its portfolio. California Employees Retirement Systems accumulated 61,100 shares. Citigroup Inc has 60,847 shares for 0% of their portfolio. Goldman Sachs holds 173,774 shares or 0% of its portfolio. Employees Retirement System Of Texas reported 63,000 shares or 0.02% of all its holdings. Mufg Americas stated it has 0% in Zumiez Inc. (NASDAQ:ZUMZ). Tiaa Cref Invest Management Ltd Limited Liability Company accumulated 50,174 shares. Moreover, State Of Alaska Department Of Revenue has 0% invested in Zumiez Inc. (NASDAQ:ZUMZ) for 1,910 shares. Spark Inv Mgmt Ltd Limited Liability Company has invested 0.07% in Zumiez Inc. (NASDAQ:ZUMZ). New York State Teachers Retirement Sys accumulated 42,697 shares. National Bank Of Montreal Can stated it has 0% in Zumiez Inc. (NASDAQ:ZUMZ).

The stock of Zumiez Inc. (NASDAQ:ZUMZ) is a huge mover today! The stock increased 3.67% or $0.6 on September 15, reaching $16.95. About 683,117 shares traded or 5.84% up from the average. Zumiez Inc. (NASDAQ:ZUMZ) has risen 3.10% since September 17, 2016 and is uptrending. It has underperformed by 13.60% the S&P500.
The move comes after 9 months positive chart setup for the $427.66 million company. It was reported on Sep, 17 by Barchart.com. We have $18.31 PT which if reached, will make NASDAQ:ZUMZ worth $34.21M more.

Analysts expect Zumiez Inc. (NASDAQ:ZUMZ) to report $0.46 EPS on December, 7.They anticipate $0.03 EPS change or 6.98 % from last quarter’s $0.43 EPS. ZUMZ’s profit would be $11.61M giving it 9.21 P/E if the $0.46 EPS is correct. After having $-0.02 EPS previously, Zumiez Inc.’s analysts see -2,400.00 % EPS growth.

Zumiez Inc. (NASDAQ:ZUMZ) Ratings Coverage

Among 20 analysts covering Zumiez Inc. (NASDAQ:ZUMZ), 5 have Buy rating, 2 Sell and 13 Hold. Therefore 25% are positive. Zumiez Inc. had 55 analyst reports since August 5, 2015 according to SRatingsIntel. BMO Capital Markets maintained Zumiez Inc. (NASDAQ:ZUMZ) rating on Wednesday, July 5. BMO Capital Markets has “Hold” rating and $1600 target. Stifel Nicolaus downgraded the shares of ZUMZ in report on Friday, October 9 to “Hold” rating. Jefferies maintained it with “Hold” rating and $24 target in Friday, September 11 report. On Friday, June 3 the stock rating was maintained by Wedbush with “Neutral”. The firm has “Neutral” rating given on Friday, September 11 by Mizuho. Mizuho maintained Zumiez Inc. (NASDAQ:ZUMZ) rating on Thursday, August 6. Mizuho has “Neutral” rating and $25 target. Stifel Nicolaus maintained the shares of ZUMZ in report on Thursday, October 6 with “Hold” rating. The stock of Zumiez Inc. (NASDAQ:ZUMZ) earned “Neutral” rating by Mizuho on Thursday, January 7. The rating was initiated by Guggenheim with “Neutral” on Tuesday, January 5. The company was initiated on Tuesday, August 18 by Wolfe Research.

More notable recent Zumiez Inc. (NASDAQ:ZUMZ) news were published by: Fool.com which released: “Why Zumiez Inc. Stock Popped Today” on September 08, 2017, also Nasdaq.com with their article: “Mid-Afternoon Market Update: Crude Oil Down Over 3%; Zumiez Shares Gain …” published on September 08, 2017, Nasdaq.com published: “Zumiez (ZUMZ) to Pull Another Surprise this Earnings Season?” on August 31, 2017. More interesting news about Zumiez Inc. (NASDAQ:ZUMZ) were released by: Nasdaq.com and their article: “Zacks.com featured highlights: Ultra Clean Holdings, Burlington Stores, Zumiez …” published on September 15, 2017 as well as Globenewswire.com‘s news article titled: “Zumiez Inc. to Broadcast Review of Second Quarter Fiscal 2017 Financial …” with publication date: August 31, 2017.

Zumiez Inc., including its subsidiaries, is a specialty retailer of apparel, footwear, accessories and hardgoods for young men and women through the fashion, music, art and culture of action sports, streetwear and other lifestyles. The company has market cap of $427.66 million. The Firm operates under the names Zumiez, Blue Tomato and Fast Times. It has a 17.56 P/E ratio. Additionally, it operates e-commerce Websites at www.zumiez.com, www.blue-tomato.com and www.fasttimes.com.au.

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