In a report released yesterday, Jonathan Komp from Robert W. Baird reiterated a Hold rating on Zumiez Inc (NASDAQ: ZUMZ), with a price target of $28. The company’s shares closed yesterday at $25.30.
According to TipRanks.com, Komp is a 5-star analyst with an average return of 20.9% and a 75.2% success rate. Komp covers the Consumer Goods sector, focusing on stocks such as Canada Goose Holdings Inc, Wolverine World Wide, and Columbia Sportswear.
Zumiez Inc has an analyst consensus of Moderate Buy, with a price target consensus of $28.33.
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Based on Zumiez Inc’s latest earnings release for the quarter ending April 30, the company reported a quarterly GAAP net loss of $2.61 million. In comparison, last year the company had a GAAP net loss of $608K.
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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.
