Zumiez Inc (NASDAQ:ZUMZ) 2017 Q3 Sentiment Report

January 19, 2018 - By Hazel Jackson

 Zumiez Inc (NASDAQ:ZUMZ)  2017 Q3 Sentiment Report

Sentiment for Zumiez Inc (NASDAQ:ZUMZ)

Zumiez Inc (NASDAQ:ZUMZ) institutional sentiment decreased to 1.27 in Q3 2017. Its down -0.01, from 1.28 in 2017Q2. The ratio dropped, as 70 institutional investors started new or increased stock positions, while 55 reduced and sold equity positions in Zumiez Inc. The institutional investors in our partner’s database now hold: 18.43 million shares, down from 20.07 million shares in 2017Q2. Also, the number of institutional investors holding Zumiez Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 20 Reduced: 35 Increased: 43 New Position: 27.

Zumiez Inc. operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. The company has market cap of $565.59 million. The Company’s hardgoods include skateboards, snowboards, bindings, components, and other equipment. It has a 22.11 P/E ratio. As of January 28, 2017, the firm operated 685 stores, including 603 in the United States, 48 in Canada, 29 in Europe, and 5 in Australia under the names of Zumiez, Blue Tomato, and Fast Times.

The stock decreased 0.22% or $0.05 during the last trading session, reaching $22.4. About 249,440 shares traded. Zumiez Inc. (NASDAQ:ZUMZ) has risen 3.10% since January 19, 2017 and is uptrending. It has underperformed by 13.60% the S&P500.

Analysts await Zumiez Inc. (NASDAQ:ZUMZ) to report earnings on March, 8. They expect $0.80 earnings per share, up 8.11 % or $0.06 from last year’s $0.74 per share. ZUMZ’s profit will be $20.20 million for 7.00 P/E if the $0.80 EPS becomes a reality. After $0.48 actual earnings per share reported by Zumiez Inc. for the previous quarter, Wall Street now forecasts 66.67 % EPS growth.

Euclidean Technologies Management Llc holds 1.46% of its portfolio in Zumiez Inc. for 84,251 shares. Matarin Capital Management Llc owns 399,121 shares or 0.61% of their US portfolio. Moreover, Landscape Capital Management L.L.C. has 0.36% invested in the company for 199,927 shares. The Massachusetts-based Numeric Investors Llc has invested 0.19% in the stock. Paradigm Capital Management Inc Ny, a New York-based fund reported 80,000 shares.#img1#

Zumiez Inc. (NASDAQ:ZUMZ) Ratings Coverage

Ratings analysis reveals 33% of Zumiez Inc.’s analysts are positive. Out of 21 Wall Street analysts rating Zumiez Inc., 7 give it “Buy”, 2 “Sell” rating, while 12 recommend “Hold”. The lowest target is $12 while the high is $30. The stock’s average target of $19.86 is -11.34% below today’s ($22.4) share price. ZUMZ was included in 64 notes of analysts from August 5, 2015. Jefferies maintained Zumiez Inc. (NASDAQ:ZUMZ) rating on Friday, June 2. Jefferies has “Hold” rating and $1500 target. Stifel Nicolaus downgraded Zumiez Inc. (NASDAQ:ZUMZ) on Friday, October 9 to “Hold” rating. Susquehanna upgraded Zumiez Inc. (NASDAQ:ZUMZ) on Monday, August 17 to “Positive” rating. The firm earned “Underperform” rating on Friday, September 11 by Wolfe Research. The firm has “Neutral” rating given on Friday, September 11 by Mizuho. BMO Capital Markets maintained Zumiez Inc. (NASDAQ:ZUMZ) on Wednesday, July 5 with “Hold” rating. As per Thursday, August 6, the company rating was maintained by Roth Capital. Mizuho maintained the stock with “Neutral” rating in Thursday, January 7 report. The rating was upgraded by B. Riley & Co on Thursday, October 6 to “Buy”. Topeka Capital Markets maintained the stock with “Buy” rating in Friday, September 11 report.

More notable recent Zumiez Inc. (NASDAQ:ZUMZ) news were published by: Nasdaq.com which released: “Zumiez (ZUMZ) Up on Robust December Comps & Upbeat View” on January 04, 2018, also Streetinsider.com with their article: “Jefferies Assumes Zumiez, Inc. (ZUMZ) at Hold” published on January 02, 2018, Fool.com published: “Why Zumiez Inc. Stock Jumped Thursday” on January 04, 2018. More interesting news about Zumiez Inc. (NASDAQ:ZUMZ) were released by: Globenewswire.com and their article: “Zumiez Inc. Reports December 2017 Sales Results” published on January 03, 2018 as well as Nasdaq.com‘s news article titled: “What Makes Zumiez (ZUMZ) a Solid Investment Bet for 2018?” with publication date: January 18, 2018.

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