After finishing at $20.43 in the prior trading day, Zumiez Inc. (NASDAQ: ZUMZ) closed at $19.50, down -4.55%. In other words, the price has decreased by -$0.93 from its previous closing price. On the day, 653973 shares were traded. ZUMZ stock price reached its highest trading level at $20.27 during the session, while it also had its lowest trading level at $19.28.
From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio
The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.
Get our free report, "Top 5 AI Stocks to Buy for 2023".
Our goal is to gain a better understanding of ZUMZ by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.37. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 2.00. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
On September 09, 2022, B. Riley Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $42 to $25.
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 29 when Visser Chris K. sold 8,888 shares for $41.78 per share. The transaction valued at 371,360 led to the insider holds 12,339 shares of the business.
Visser Chris K. sold 500 shares of ZUMZ for $21,000 on Mar 22. The Chief Legal Officer & Sec. now owns 12,339 shares after completing the transaction at $42.00 per share.
As of this moment, Zumiez’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.84, and their Forward P/E ratio for the next fiscal year is 10.37. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.59. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39 while its Price-to-Book (P/B) ratio in mrq is 0.98.
Stock Price History:
Over the past 52 weeks, ZUMZ has reached a high of $43.89, while it has fallen to a 52-week low of $18.86. The 50-Day Moving Average of the stock is 24.20, while the 200-Day Moving Average is calculated to be 24.76.
The stock has traded on average 394.22K shares per day over the past 3-months and 613.55k shares per day over the last 10 days, according to various share statistics. A total of 19.10M shares are outstanding, with a floating share count of 15.67M. Insiders hold about 19.55% of the company’s shares, while institutions hold 90.90% stake in the company. Shares short for ZUMZ as of Jan 12, 2023 were 3.18M with a Short Ratio of 3.54M, compared to 2.99M on Dec 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 16.32% and a Short% of Float of 32.65%.
Its stock is currently analyzed by 4 different market analysts. On average, analysts expect EPS of $0.49 for the current quarter, with a high estimate of $0.51 and a low estimate of $0.47, while EPS last year was $1.7. The consensus estimate for the next quarter is $0.03, with high estimates of $0.03 and low estimates of $0.03.
Analysts are recommending an EPS of between $1.01 and $0.97 for the fiscal current year, implying an average EPS of $0.99. EPS for the following year is $1.39, with 4 analysts recommending between $1.84 and $1.09.
4 analysts predict $267.79M in revenue for the current quarter. It ranges from a high estimate of $269.8M to a low estimate of $265.37M. As of the current estimate, Zumiez Inc.’s year-ago sales were $346.68M, an estimated decrease of -22.80% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $222M, an increase of 0.60% over than the figure of -$22.80% in the same quarter last year. There is a high estimate of $222M for the next quarter, whereas the lowest estimate is $222M.
A total of 4 analysts have provided revenue estimates for ZUMZ’s current fiscal year. The highest revenue estimate was $948.07M, while the lowest revenue estimate was $943.64M, resulting in an average revenue estimate of $946.09M. In the same quarter a year ago, actual revenue was $1.18B, down -20.10% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $978.18M in the next fiscal year. The high estimate is $1.04B and the low estimate is $936.7M. The average revenue growth estimate for next year is up 3.40% from the average revenue estimate for this year.