Are Analysts Too Bullish On Zumiez Inc (ZUMZ)

Zumiez Inc (NASDAQ:ZUMZ) currently has a daily average trading volume of 306.08K but it saw 251943 shares traded in last market. With a market cap of 439.10M USD, the company’s current market price of $22.94 came rising about 1.59 while comparing to the previous closing price of $22.58. In past 52 weeks, the stock remained buoying in the range of price level as high as $31.37 and as low as $12.90. In the recent trading on the day, stock has struck highest price mark of $22.83 while lowest mark touched by it was $23.47.

Taking a look at 20-day trading activity of Zumiez Inc (ZUMZ) gives us an average price of $21.77, while its current price level is -26.86% below from 52-week high level whereas it is 77.83% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $21.83 while that of 200 days or SMA-200 reads an average of $20.19. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.35% during that period while stretching the period over a month that decreases to 4.32%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 57.57 which implies that the stock is in neutral territory.

B. Riley Securities downgraded its recommendation for the stock as a “Neutral” from “Buy” on September 09, 2022 while assigning a price target range of $42-$25.

Over the week, ZUMZ’s stock price is moving 6.85% up while it is 7.00% when we observe its performance for the past one month. Year-to-date it is 12.78% up and over the past year, the stock is showing an upside performance of 24.88%.

Currently, Zumiez Inc’s total number of outstanding shares is 19.83M. Company’s return on investment (ROI) stands at -11.08% and return on equity (ROE) at -15.13%. It has a 28.39 of forward P/E ratio. Stock’s beta reads 1.26. Stock has a price to book (P/B) ratio of 1.39 while price to sale or P/S ratio amounts to 0.50. Its return on asset (ROA) is -7.54% on average.