Zumiez Inc (NASDAQ: ZUMZ) Recovers 8.02% From 52-Week Low, Is ZUMZ Still A High-Risk, High-Reward Play?

Zumiez Inc (NASDAQ:ZUMZ) currently has a daily average trading volume of 335.71K but it saw 400214 shares traded in last market. With a market cap of 247.72M USD, the company’s current market price of $12.93 came falling about -0.77 while comparing to the previous closing price of $13.03. In past 52 weeks, the stock remained buoying in the range of price level as high as $31.37 and as low as $11.97. In the recent trading on the day, stock has struck highest price mark of $12.59 while lowest mark touched by it was $13.39.

Taking a look at 20-day trading activity of Zumiez Inc (ZUMZ) gives us an average price of $13.99, while its current price level is -58.78% below from 52-week high level whereas it is 8.02% 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 $14.31 while that of 200 days or SMA-200 reads an average of $19.90. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.02% during that period while stretching the period over a month that increases to 7.29%. 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 42.09 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 -4.36% down while it is -13.63% when we observe its performance for the past one month. Year-to-date it is -32.55% down and over the past year, the stock is showing a downside performance of -8.43%.

The company is expected to be releasing its next quarterly report on 2025-Mar-12, for which analysts forecasted an EPS of -0.78 while estimate for next year EPS is 0.24. In next quarter, company is expected to be making quarterly sales of $210.31M as analysts are expecting the sales for current fiscal year at $899.58M and seeing the company making $914.92M in sales next year. Moreover, analysts are in estimates of $182.23M for current-quarter revenue.

Currently, Zumiez Inc’s total number of outstanding shares is 19.16M. Company’s return on investment (ROI) stands at -0.36% and return on equity (ROE) at -0.50%. It has a 24.04 of forward P/E ratio. Stock’s beta reads 0.93. Stock has a price to book (P/B) ratio of 0.75 while price to sale or P/S ratio amounts to 0.28. Its return on asset (ROA) is -0.24% on average.