Zumiez Inc (NASDAQ:ZUMZ) Stock Price Down as Sentiment Worsens

May 17, 2018 - By Kristen Paramore

Zumiez Inc. (NASDAQ:ZUMZ) Logo

Sentiment for Zumiez Inc (NASDAQ:ZUMZ)

Zumiez Inc (NASDAQ:ZUMZ) institutional sentiment decreased to 1.18 in 2017 Q4. Its down -0.09, from 1.27 in 2017Q3. The ratio turned negative, as 67 hedge funds increased and started new positions, while 57 decreased and sold their positions in Zumiez Inc. The hedge funds in our partner’s database now have: 17.24 million shares, down from 18.43 million shares in 2017Q3. Also, the number of hedge funds holding Zumiez Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 16 Reduced: 41 Increased: 34 New Position: 33.

Zumiez Inc. operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. The company has market cap of $642.27 million. The Company’s hardgoods include skateboards, snowboards, bindings, components, and other equipment. It has a 23.38 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 1.37% or $0.35 during the last trading session, reaching $25.25. About 180,755 shares traded. Zumiez Inc. (NASDAQ:ZUMZ) has risen 36.02% since May 17, 2017 and is uptrending. It has outperformed by 24.47% the S&P500.

Analysts await Zumiez Inc. (NASDAQ:ZUMZ) to report earnings on June, 7 after the close. They expect $-0.12 earnings per share, up 33.33 % or $0.06 from last year’s $-0.18 per share. After $0.82 actual earnings per share reported by Zumiez Inc. for the previous quarter, Wall Street now forecasts -114.63 % negative EPS growth.

Euclidean Technologies Management Llc holds 1.58% of its portfolio in Zumiez Inc. for 77,239 shares. Matarin Capital Management Llc owns 426,087 shares or 0.69% of their US portfolio. Moreover, Spark Investment Management Llc has 0.47% invested in the company for 417,000 shares. The Massachusetts-based Numeric Investors Llc has invested 0.15% in the stock. Paradigm Capital Management Inc Ny, a New York-based fund reported 80,000 shares.

Since January 1, 0001, it had 0 insider buys, and 3 selling transactions for $5.01 million activity.

Zumiez Inc. (NASDAQ:ZUMZ) Ratings Coverage

Ratings analysis reveals 40% of Zumiez Inc’s analysts are positive. Out of 5 Wall Street analysts rating Zumiez Inc, 2 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $21.0 while the high is $2800. The stock’s average target of $24.88 is -1.47% below today’s ($25.25) share price. ZUMZ was included in 10 notes of analysts from December 1, 2017. The firm has “Buy” rating by FBR Capital given on Thursday, January 4. Jefferies maintained it with “Hold” rating and $22.0 target in Thursday, January 4 report. Jefferies maintained Zumiez Inc. (NASDAQ:ZUMZ) rating on Friday, December 1. Jefferies has “Hold” rating and $21.0 target. Robert W. Baird maintained Zumiez Inc. (NASDAQ:ZUMZ) on Wednesday, April 11 with “Hold” rating. The firm has “Hold” rating given on Friday, March 16 by Robert W. Baird. Robert W. Baird maintained the shares of ZUMZ in report on Thursday, November 30 with “Hold” rating. The stock of Zumiez Inc. (NASDAQ:ZUMZ) has “Buy” rating given on Friday, March 16 by FBR Capital.

More important recent Zumiez Inc. (NASDAQ:ZUMZ) news were published by: Globenewswire.com which released: “Zumiez Inc. Reports April 2018 Sales Results” on May 09, 2018, also Nasdaq.com published article titled: “Research Report Identifies Herman Miller, CAI International, PICO, RPM International, Zumiez, and Golub Capital BDC …”, Benzinga.com published: “The Week Ahead: Nvidia And Dropbox Earnings, April Retail Sales, Trump Drug Pricing Speech Expected” on May 07, 2018. More interesting news about Zumiez Inc. (NASDAQ:ZUMZ) was released by: Streetinsider.com and their article: “Wedbush Starts Zumiez, Inc. (ZUMZ) at Neutral” with publication date: May 10, 2018.

Zumiez Inc. (NASDAQ:ZUMZ) Institutional Positions Chart

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