While Zumiez Inc has overperformed by 15.50%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ZUMZ rose by 11.16%, with highs and lows ranging from $31.37 to $11.31, whereas the simple moving average jumped by 38.81% in the last 200 days.
On September 09, 2022, William Blair Downgraded Zumiez Inc (NASDAQ: ZUMZ) to Mkt Perform. A report published by B. Riley Securities on September 09, 2022, Downgraded its rating to ‘Neutral’ for ZUMZ. Jefferies Initiated an Hold rating on November 30, 2021, and assigned a price target of $52. Jefferies September 21, 2021d its ‘Buy’ rating to ‘Hold’ for ZUMZ, as published in its report on September 21, 2021. Pivotal Research Group’s report from March 09, 2021 suggests a price prediction of $49 for ZUMZ shares, giving the stock a ‘Hold’ rating. Pivotal Research Group also rated the stock as ‘Hold’.
Analysis of Zumiez Inc (ZUMZ)
Further, the quarter-over-quarter increase in sales is 1.95%, showing a positive trend in the upcoming months.
In order to gain a clear picture of Zumiez Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 0.19% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.84, 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.
An average volume of 228.27K can be a very valuable indicator of volatility for ZUMZ stock. On a monthly basis, the volatility of the stock is set at 4.63%, whereas on a weekly basis, it is put at 5.23%, with a gain of 21.36% over the past seven days. Furthermore, long-term investors anticipate a median target price of $18.00, showing decline from the present price of $21.31, 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?
In addition to the fundamentals, you should also consider how many employees own shares in 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 21.08%. 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 78.59% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
