Zalando (OTCMKTS:ZLNDY – Get Free Report) shares gapped up before the market opened on Thursday. The stock had previously closed at $14.11, but opened at $16.06. Zalando shares last traded at $15.95, with a volume of 6,793 shares traded.
Analyst Ratings Changes
Separately, DZ Bank raised shares of Zalando from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Zalando presently has a consensus rating of “Buy”.
Read Our Latest Stock Report on ZLNDY
Zalando Stock Performance
The stock’s 50-day moving average price is $13.46 and its 200 day moving average price is $13.45. The firm has a market cap of $7.72 billion, a P/E ratio of 112.87 and a beta of 1.45. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.06 and a quick ratio of 0.63.
Zalando (OTCMKTS:ZLNDY – Get Free Report) last announced its quarterly earnings data on Tuesday, November 3rd. The company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.14). Zalando had a net margin of 0.45% and a return on equity of 2.30%. The firm had revenue of $3.55 billion during the quarter, compared to the consensus estimate of $3.57 billion. As a group, equities analysts predict that Zalando will post 0.31 EPS for the current year.
About Zalando
Zalando SE is a Germany-based online fashion and lifestyle retailer headquartered in Berlin. The company operates a digital platform that offers clothing, footwear, accessories, beauty products and related lifestyle merchandise from international brands, as well as its own private-label offerings.
Founded in 2008 by Robert Gentz and David Schneider, Zalando initially focused on online footwear before expanding into a broader fashion marketplace. Its platform connects customers with brands and retail partners, while the company also provides services such as fulfillment, logistics, marketing and technology solutions through its partner ecosystem.
Zalando serves customers across multiple European markets through localized websites and mobile applications.
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