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


The leading market experts have placed a mean price target of $14.30 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 $0.32 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 $14.86, and stock is hovering -0.21 or -1.40% distant from $14.86. It is noted that the 200-day MA is $17.15, and Zumiez Inc. stock is $-2.50 or -14.56% off from this point. Zumiez Inc. (NASDAQ:ZUMZ) 52-week high is $28.12 and the 52-week low is $11.53. This explains if the stock moves $-13.47, it will post a 52-week high. In event of $+27.06% points 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 16.26. The stock last ended the trading session at $14.65 and registered a market cap of $368.52M. 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 -11.86.

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