B.Riley FBR Keeps Their Buy Rating on Zumiez Inc (ZUMZ)


B.Riley FBR analyst Jeff Van Sinderen reiterated a Buy rating on Zumiez Inc (NASDAQ: ZUMZ) today and set a price target of $32. The company’s shares opened today at $27.10.

According to TipRanks.com, Sinderen is a 2-star analyst with an average return of 0.6% and a 51.2% success rate. Sinderen covers the Services sector, focusing on stocks such as Tilly’s Inc, Kirkland’s, and JC Penney.

Zumiez Inc has an analyst consensus of Moderate Buy, with a price target consensus of $28.33.

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Zumiez Inc’s market cap is currently $644.4M and has a P/E ratio of 21.81. The company has a Price to Book ratio of 1.83.

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Zumiez, Inc. is a multi-channel retailer of apparel, footwear, accessories and hardgoods rooted in youth culture as expressed through music, art, fashion and action sports lifestyle for young men and women. The company’s stores cater to young men and women between the ages of 12 and 24 of popular brands such as action sport lifestyle centered on activities that include skateboarding, surfing, snowboarding, bicycle motocross, and motocross. Its apparels includes tops, bottoms, outerwear and accessories such as caps, bags and backpacks, belts, jewelry and sunglasses, footwear consists of action sports related athletic shoes and sandals, equipment offerings, or hardgoods include skateboards, snowboards and ancillary gear such as boots and bindings. The company also offer a selection of other items, such as novelties. Zumiez was founded by Thomas D. Campion in August 1978 and is headquartered in Lynnwood, WA.

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