Zumiez Inc. (NASDAQ:ZUMZ) has been upgraded to Overweight in a statement by Piper Jaffray Cos. earlier today.
- Updated: October 13, 2016
Piper Jaffray Cos. has upgraded Zumiez Inc. (NASDAQ:ZUMZ) to Overweight in a statement released on 10/13/2016.
On 10/6/2016, B. Riley released a statement on Zumiez Inc. (NASDAQ:ZUMZ) upped the target price from $0.00 to $25.00 that suggested an upside of 0.37%.
Having a price of $21.90, Zumiez Inc. (NASDAQ:ZUMZ) traded -2.54% lower on the day. With the last close up 32.02% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Zumiez Inc. has recorded a 50-day average of $17.94 and a two hundred day average of $16.59. Volume of trade was down over the average, with 400,223 shares of ZUMZ changing hands under the typical 520,355
With a total market value of $0, Zumiez Inc. has 52 week low of $11.53 and a 52 week high of $23.07 with a P/E ratio of 28.55 .
In addition to Piper Jaffray Cos. reporting its stock price target, a total of 10 brokers have issued a research note on the company. The average stock price target is $14.30 with one equity analyst rating the company a strong buy, one equity analyst rating the company a buy, fourteen equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and lastly 1 firm rating the stock a sell.
About Zumiez Inc. (NASDAQ:ZUMZ)
Zumiez Inc. is a specialty retailer of apparel, footwear, accessories and hardgoods for men and women. The Company operates under the names Zumiez and Blue Tomato. Additionally, the Company operates e-commerce Websites at www.zumiez.com and www.blue-tomato.com. Its product categories are men's apparel, accessories, footwear, hardgoods and junior's apparel. It offers various categories of shoes, such as skate shoes, casual shoes, high tops, sandals, slip ons, runners, boots and shoe accessories, such as socks. It also offers flannels, baseball tees, hoodies, baseball hats, windbreakers, shirts, jackets, jerseys, sweaters and tanks, among others. For women, it offers t-shirts, tank tops, hoodies and sweatshirts, leggings and dresses, among others. It provides various accessories, such as watches, sunglasses, bracelets, earrings, rings, beanies, hats, belts, wallets, phone accessories, headphones, hair and beauty, purses, bags, backpacks, pillows, blankets, toys, gloves and scarves.
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