Zumiez (NASDAQ:ZUMZ) has been upgraded from Neutral to Overweight in a statement by Piper Jaffray earlier today.
- Updated: October 14, 2016
Piper Jaffray has upgraded Zumiez (NASDAQ:ZUMZ) from Neutral to Overweight in a statement released on Friday October 14, 2016.
Boasting a price of $21.90, Zumiez (NASDAQ:ZUMZ) traded -2.54% lower on the day. With the last stock price close up 32.02% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Zumiez 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
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Zumiez has a 52 week low of $11.53 and a 52 week high of $23.07 with a P/E ratio of 28.55 The company’s market cap is currently $0.
In addition to Piper Jaffray reporting its target price, a total of 10 firms have reported on the stock. The consensus target price is $14.30 with 1 firm rating the stock a strong buy, 1 firm rating the stock a buy, 14 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.
About Zumiez (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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