Zumiez Inc. (NASDAQ:ZUMZ) has a mean price target of $15.40 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $0.59 a share for the very next quarter and $0.73 for this year.
The technical study of Zumiez Inc. demonstrates that the 50-day moving average of Zumiez Inc. (NASDAQ:ZUMZ) stock is $16.78, and is trading $0.43 points away or +2.59% from 50-day moving average of $16.78. It is trading $0.46 or +2.73% away 200-day moving average of $16.75.
The 52-week high of Zumiez Inc. (NASDAQ:ZUMZ) was $22.14 while $11.53 is the low mark in the same period. It state Zumiez Inc. share price has to surge more than $-4.93 to hit 52-week high or drop +49.26% to make a 52-week mark. MA here hints at moving average.
Taking the valuation part to reach the estimation of Zumiez Inc., investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. Zumiez Inc. (NASDAQ:ZUMZ) ratio came in at 22.44, after dividing current equity price by yearly earnings. Zumiez Inc. stock recorded a close of $17.21 in last trading session, registering a market cap of $427.32M.
The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.
Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. Zumiez Inc. (NASDAQ:ZUMZ) PEG ratio is at 1.15.
1 Chart Pattern Every Investor Should Know
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