Stock To Watch: Zumiez Inc. (NASDAQ:ZUMZ)


The leading market experts have placed a mean price target of $15.00 on Zumiez Inc. (NASDAQ:ZUMZ) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.31 a share for the upcoming quarter and $0.74 for the current fiscal.

Technical View

The technical analysis of Zumiez Inc. plainly substantiates that the 50-day moving average of Zumiez Inc. is $15.68, and stock is trading $1.10 points away or +6.99% from its 50-day moving average of $15.68. Further it is trading $-0.38 or -2.22% away its 200-day moving average of $17.16. Zumiez Inc. (NASDAQ:ZUMZ) 52-week high is $24.66 and the 52-week low is $11.53.

This explains if the stock moves $-7.88, it will post a 52-week high. In event of +45.53% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Zumiez Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Zumiez Inc. (NASDAQ:ZUMZ) ratio came in at 18.62.

The stock last ended the trading session at $16.78 and registered a market cap of $422.10M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Zumiez Inc. (NASDAQ:ZUMZ) PEG ratio is at -21.53.

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