As of Thursday, Zumiez Inc.’s (NASDAQ:ZUMZ) stock closed at $16.54, down from $17.33 the previous day. While Zumiez Inc. has underperformed by -4.56%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ZUMZ fell by -42.21%, with highs and lows ranging from $34.57 to $15.59, whereas the simple moving average fell by -25.60% in the last 200 days.
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Analysis of Zumiez Inc. (ZUMZ)
Further, the quarter-over-quarter decrease in sales is -19.20%, showing a negative trend in the upcoming months.
One of the most important indicators of Zumiez Inc.’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 5.50% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.40, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and ZUMZ is recording 418.82K average volume. On a monthly basis, the volatility of the stock is set at 4.12%, whereas on a weekly basis, it is put at 4.64%, with a loss of -4.89% over the past seven days. Furthermore, long-term investors anticipate a median target price of $21.00, showing growth from the present price of $16.54, which can serve as yet another indication of whether ZUMZ is worth investing in or should be passed over.
How Do You Analyze Zumiez Inc. Shares?
The Apparel Retail market is dominated by Zumiez Inc. (ZUMZ) based in the USA. When comparing Zumiez Inc. shares with other companies under Consumer Cyclical, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 15.13, there is a growth in quarterly earnings of -65.20%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 19.13%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 90.90% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
Are institutional investors increasing their holdings in ZUMZ shares?
The recent increase in stakes in ZUMZ appears to be a result of several institutional investors and hedge funds increasing their positions. BlackRock Fund Advisors’s position in ZUMZ has increased by 0.51% in the first quarter. The company now owns 2,550,093 shares of the stock, with a value of $44.59 million, following the purchase of 12,902 additional shares during the last quarter. Thrivent Asset Management LLC made another increased to its shares in ZUMZ during the first quarter, upping its stake by 9.42%. During the last quarter, the company picked up 148,394 additional shares for a total stake of worth $30.14 million, bringing number of shares owned by the company to 1,723,880.
During the first quarter, Dimensional Fund Advisors LP added a 549 position in ZUMZ. Massachusetts Financial Services purchased an additional 30845.0 shares in the last quarter, increasing its holdings by 2.14%, now holding 1.47 million shares worth $25.78 million. At the end of the first quarter, The Vanguard Group, Inc. increased its ZUMZ holdings by 0.30% and now holds 1.4 million ZUMZ shares valued at $24.47 million with the added 4159.0 shares during the period. ZUMZ shares are owned by institutional investors to the tune of 90.90% at present.
