Key Equity Research Analysts at B. Riley FBR Reiterated their ‘”Buy”’ rating for Zumiez (NASDAQ:ZUMZ) Shares Today. Their TP is $34

September 8, 2018 - By Megan Stone

Zumiez Inc. (NASDAQ:ZUMZ) Logo

Investors sentiment increased to 1.38 in 2018 Q1. Its up 0.20, from 1.18 in 2017Q4. It is positive, as 14 investors sold Zumiez Inc. shares while 41 reduced holdings. 34 funds opened positions while 42 raised stakes. 17.59 million shares or 2.03% more from 17.24 million shares in 2017Q4 were reported.

Bluemountain Mngmt Ltd Liability invested in 0% or 7,194 shares. Ls Advsrs Ltd Llc owns 0% invested in Zumiez Inc. (NASDAQ:ZUMZ) for 522 shares. Citigroup stated it has 0% of its portfolio in Zumiez Inc. (NASDAQ:ZUMZ). Federated Investors Inc Pa owns 1,863 shares. Royal Fincl Bank Of Canada holds 110 shares or 0% of its portfolio. Disciplined Growth Investors Mn stated it has 242,891 shares or 0.11% of all its holdings. Pnc Finance Serv Group invested in 874 shares. Ameritas Investment Prns owns 0% invested in Zumiez Inc. (NASDAQ:ZUMZ) for 1,698 shares. 55 are owned by Howe & Rusling. 29,913 were reported by Wells Fargo & Mn. Stone Ridge Asset Management Limited Liability Com has invested 0.05% in Zumiez Inc. (NASDAQ:ZUMZ). 124,000 are owned by Employees Retirement System Of Texas. Paradigm Cap New York holds 20,000 shares or 0.04% of its portfolio. Principal Fin Gru owns 139,345 shares or 0% of their US portfolio. Schwab Charles Mgmt stated it has 0% of its portfolio in Zumiez Inc. (NASDAQ:ZUMZ).

Since April 5, 2018, it had 0 buys, and 8 sales for $21.86 million activity. The insider Campion Thomas D sold $3.51M.

Zumiez (NASDAQ:ZUMZ) Rating Reaffirmed

In an analyst note revealed to clients and investors on 7 September, The “Buy” rating of Zumiez (NASDAQ:ZUMZ) shares was reaffirmed at B. Riley FBR, who now has a $34 target price per share on the stock. B. Riley FBR’s target price per share would indicate a possible upside of 16.44 % from the stock close price of the company.

Zumiez Inc. (NASDAQ:ZUMZ) Ratings Coverage

Among 4 analysts covering Zumiez Inc (NASDAQ:ZUMZ), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Zumiez Inc has $36 highest and $24 lowest target. $30.50’s average target is 4.45% above currents $29.2 stock price. Zumiez Inc had 8 analyst reports since March 16, 2018 according to SRatingsIntel. The stock of Zumiez Inc. (NASDAQ:ZUMZ) earned “Buy” rating by FBR Capital on Friday, March 16. The firm has “Buy” rating given on Friday, September 7 by FBR Capital. The stock has “Buy” rating by Pivotal Research on Tuesday, September 4. The firm earned “Hold” rating on Friday, March 16 by Robert W. Baird. FBR Capital maintained the stock with “Buy” rating in Friday, June 8 report. The firm has “Hold” rating by Robert W. Baird given on Wednesday, April 11.

The stock increased 0.17% or $0.05 during the last trading session, reaching $29.2. About 995,480 shares traded or 74.03% up from the average. Zumiez Inc. (NASDAQ:ZUMZ) has risen 73.88% since September 8, 2017 and is uptrending. It has outperformed by 61.31% the S&P500.

Zumiez Inc. operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. The company has market cap of $743.72 million. The Company’s hardgoods include skateboards, snowboards, bindings, components, and other equipment. It has a 21.74 P/E ratio. As of January 28, 2017, the firm operated 685 stores, including 603 in the United States, 48 in Canada, 29 in Europe, and 5 in Australia under the names of Zumiez, Blue Tomato, and Fast Times.

More recent Zumiez Inc. (NASDAQ:ZUMZ) news were published by: Benzinga.com which released: “The Week Ahead: Mr. Dorsey Goes To Washington, Employment And Wage Data On Tap” on September 04, 2018. Also Benzinga.com published the news titled: “Benzinga’s Top Upgrades, Downgrades For September 4, 2018” on September 04, 2018. Globenewswire.com‘s news article titled: “Zumiez Inc. Announces Fiscal 2018 Second Quarter Results” with publication date: September 06, 2018 was also an interesting one.

Zumiez Inc. (NASDAQ:ZUMZ) Institutional Positions Chart

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