Zumiez stock: buy or sell?
September 20th, 2019
Zumiez Inc. operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. Its hardgoods include skateboards, snowboards, bindings, components, and other equipment.
Should I buy Zumiez stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Having a trading strategy helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
None of our preferred buy setups matches with Zumiez stock situation right now, therefore this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Zumiez stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we gathered 6 ratings published for ZUMZ stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-8-29||Robert W. Baird||n/a||Neutral|
Zumiez stock analysis
Shares of Zumiez ended today at $30.65 and dropped a rough -2.26%.
On Sep/9, ZUMZ hit new all time highs, pushing higher previous ATH of $32.70 recorded . New ATHs are usual entry points for many trading setups as there aren't higher resistences. Zumiez ended today at $30.65 and dropped a rough -2.26%. On Aug 16th ZUMZ price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. ZUMZ shows a short term strength with several rising tops and rising bottoms. In the very short term, on Sep/18 it marked a new bottom at $31.09 that should act a support if Zumiez starts a trading flat base in the range of $31.09 - $33.47 If Zumiez breakouts over $33.47 with average or higher volume, this would be a clear signal that the uptrend resumes. On May, SMA100d and SMA200d crossed up triggering a rise of 37.88%.
After boosting a wonderful 5.07% in a week last week, Zumiez closed this week at $30.65 and plunged a frightening -5.26%.
Not so far away is the last price record Zumiez marked last week. Zumiez stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Since late August when ZUMZ stock price broke up the SMA40w line, it gained $7.13 (30.31%). Since early May when SMA20w and SMA40w crossed up, ZUMZ price gained $3.71 per share (13.77%).
Zumiez stock price history
Zumiez stock went public on November 2nd, 2017 with a price of $17.501. Since then, ZUMZ stock grew a 75.10%, with an average of 75.10% per year. If you had invested right after ZUMZ's IPO a $1,000 in Zumiez stock in 2017, it would worth $751.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Zumiez stock historical price chart
ZUMZ stock reached all-time highs on September/9 with a price of $33.47.
Zumiez stock price target is $28.00Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We detected 6 price targets for Zumiez stock posted in the last 30 days:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-9-6||DA Davidson||Raises Target||n/a||$28.00||-|
|2019-9-6||B. Riley||Raises Target||$28.00||$32.00||14.3%|
|2019-9-3||Pivotal Research||Raises Target||$22.00||$26.00||18.2%|
|2019-8-29||Robert W. Baird||Raises Target||$24.00||$28.00||16.7%|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn March, Zumiez presented its financial report, posting a good gain for the Earnings per Share (EPS) ratio. Experts were expecting $1.11 per share, but Zumiez posted $1.18.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2019, Zumiez annual revenues soared a decent 5.52% to $978.62 M USD from $927.40 marked in 2018. Likewise, its profit margin (compared to sales) appreciated to 4.62%, that is $45.21 million.
|2014||$724 M||-||$46 M6.3%||-|
|2014||$812 M||12.04%||$43 M5.3%||-6.01%|
|2015||$812 M||0.00%||$43 M5.3%||0.00%|
|2015||$804 M||-0.91%||$29 M3.6%||-33.34%|
|2016||$804 M||0.00%||$29 M3.6%||-0.02%|
|2016||$836 M||3.99%||$26 M3.1%||-10.02%|
|2017||$836 M||0.00%||$26 M3.1%||0.02%|
|2017||$927 M||10.90%||$27 M2.9%||3.46%|
|2018||$927 M||0.00%||$27 M2.9%||0.01%|
|2019||$979 M||5.52%||$45 M4.6%||68.66%|
Quarterly financial resultsZumiez posted $304.57 M in sales for 2019-Q1, a 22.42% up compared to previous quarter. Reported quarter income marked $29.61 M with a profit margin of 9.72%. Profit margin stepped up a 4.17% compared to previous quarter when profit margin was 5.56%. When comparing revenues to same quarter last year, Zumiez sales marked an ugly decrease and declined a -1.19%. Looking back to recent quarterly results, Zumiez posted 3 negative quarters in a row.
|2017-Q2||$181 M||-||$-4 M-2.5%||-|
|2017-Q3||$192 M||6.12%||$-1 M-0.3%||-86.34%|
|2017-Q4||$246 M||27.83%||$12 M4.9%||-2,060.86%|
|2018-Q1||$308 M||25.43%||$20 M6.5%||67.23%|
|2018-Q2||$206 M||-33.08%||$-3 M-1.3%||-113.08%|
|2018-Q3||$219 M||6.15%||$4 M2.0%||-267.89%|
|2018-Q4||$249 M||13.62%||$14 M5.6%||215.81%|
|2019-Q1||$305 M||22.42%||$30 M9.7%||114.22%|
Zumiez ownershipWhen you are planning to invest in a company, it's always worth to review its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Zumiez, 22.58% of all outstanding shares are owned by its staff.
Bearish positions for ZUMZ stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Zumiez:
|Market cap||$788.9 M||$2.9 B||$1.0 B||$977.0 M||$70.9 M|
|Total shares||25.7 M||172.2 M||63.2 M||49.2 M||50.0 M|
|Float shares||20.5 M||152.6 M||62.4 M||28.0 M||20.4 M|
|- Institutional holdings (%)||81.3%||94.6%||115.6%||76.1%||67.7%|
|- Insider holdings (%)||22.6%||5.9%||1.1%||41.7%||15.0%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$30.65 - $31.89|
|Average true range||$1.42|
|50d mov avg||$26.08|
|100d mov avg||$24.76|
|200d mov avg||$24.08|
Zumiez performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For Zumiez, the comparison is made against American Eagle Outfitters, Abercrombie & Fitch, Buckle, Destination XL, Express, Francesca's, Tailored Brands, Tilly's and Urban Outfitters.
|AEOAmerican Eagle Ou...||-7.41%||-15.68%||-28.21%|
|ANFAbercrombie & Fit...||0.06%||-33.46%||-18.08%|