Earnings Report: Here’s what to expect from Zumiez (NASDAQ:ZUMZ)

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Earnings results for Zumiez (NASDAQ:ZUMZ)

Zumiez Inc. is expected* to report earnings on 09/10/2020 after market close. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 5 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.34. The reported EPS for the same quarter last year was $0.36.

Zumiez last announced its quarterly earnings data on June 4th, 2020. The apparel and footwear maker reported ($0.79) earnings per share for the quarter, missing the consensus estimate of ($0.64) by $0.15. The firm had revenue of $137.80 million for the quarter, compared to analyst estimates of $141.05 million. Its revenue for the quarter was down 35.3% compared to the same quarter last year. Zumiez has generated $2.62 earnings per share over the last year and currently has a price-to-earnings ratio of 15.4. Zumiez has confirmed that its next quarterly earnings report will be published on Thursday, September 10th, 2020.

Analyst Opinion on Zumiez (NASDAQ:ZUMZ)

6 Wall Street analysts have issued ratings and price targets for Zumiez in the last 12 months. Their average twelve-month price target is $30.33, predicting that the stock has a possible upside of 12.72%. The high price target for ZUMZ is $38.00 and the low price target for ZUMZ is $23.00. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of “Hold.”

Zumiez has received a consensus rating of Hold. The company’s average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings. According to analysts’ consensus price target of $30.33, Zumiez has a forecasted upside of 12.7% from its current price of $26.91. Zumiez has received no research coverage in the past 90 days.

Dividend Strength: Zumiez (NASDAQ:ZUMZ)

Zumiez does not currently pay a dividend. Zumiez does not have a long track record of dividend growth.

Insiders buying/selling: Zumiez (NASDAQ:ZUMZ)

In the past three months, Zumiez insiders have not sold or bought any company stock. Only 18.40% of the stock of Zumiez is held by insiders. 80.45% of the stock of Zumiez is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Zumiez (NASDAQ:ZUMZ

Earnings for Zumiez are expected to grow by 32.98% in the coming year, from $1.88 to $2.50 per share. The P/E ratio of Zumiez is 15.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.73. The P/E ratio of Zumiez is 15.38, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 35.80. Zumiez has a P/B Ratio of 1.49. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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