Zumiez (NASDAQ:ZUMZ) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

Zumiez Inc. (NASDAQ:ZUMZ) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $14.65 and traded as high as $20.67. Zumiez shares last traded at $20.13, with a volume of 379,621 shares changing hands.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on ZUMZ shares. B. Riley increased their target price on Zumiez from $14.00 to $18.00 and gave the stock a “neutral” rating in a research report on Friday, September 5th. Zacks Research upgraded Zumiez from a “strong sell” rating to a “hold” rating in a research report on Wednesday, September 3rd. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Zumiez currently has an average rating of “Hold” and an average target price of $18.00.

Zumiez Stock Performance

The business has a fifty day moving average price of $17.54 and a 200 day moving average price of $14.65. The company has a market capitalization of $345.23 million, a PE ratio of -2,010.99 and a beta of 1.04.

Zumiez (NASDAQ:ZUMZ) last released its quarterly earnings data on Thursday, September 4th. The apparel and footwear maker reported ($0.06) EPS for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.05. The company had revenue of $214.28 million for the quarter, compared to the consensus estimate of $210.53 million. Zumiez had a return on equity of 0.19% and a net margin of 0.06%.The company’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same period last year, the business posted ($0.04) EPS. Zumiez has set its Q3 2025 guidance at 0.190-0.290 EPS. Research analysts forecast that Zumiez Inc. will post -0.12 earnings per share for the current fiscal year.

Zumiez declared that its board has approved a share repurchase program on Thursday, June 5th that permits the company to repurchase $15.00 million in outstanding shares. This repurchase authorization permits the apparel and footwear maker to repurchase up to 6% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board of directors believes its stock is undervalued.

Insider Activity

In related news, insider Chris K. Visser sold 5,618 shares of the firm’s stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $20.09, for a total transaction of $112,865.62. Following the sale, the insider directly owned 44,303 shares in the company, valued at approximately $890,047.27. This trade represents a 11.25% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Liliana Gil Valletta sold 3,655 shares of the firm’s stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $21.30, for a total value of $77,851.50. Following the sale, the director owned 7,154 shares in the company, valued at approximately $152,380.20. The trade was a 33.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 21.20% of the company’s stock.

Institutional Investors Weigh In On Zumiez

Several hedge funds have recently modified their holdings of the stock. Paradigm Capital Management Inc. NY raised its holdings in shares of Zumiez by 478.0% during the 2nd quarter. Paradigm Capital Management Inc. NY now owns 768,691 shares of the apparel and footwear maker’s stock valued at $10,193,000 after buying an additional 635,691 shares during the period. Acadian Asset Management LLC raised its holdings in shares of Zumiez by 29.8% during the 2nd quarter. Acadian Asset Management LLC now owns 762,932 shares of the apparel and footwear maker’s stock valued at $10,115,000 after buying an additional 175,116 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of Zumiez by 45.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 562,252 shares of the apparel and footwear maker’s stock valued at $7,455,000 after buying an additional 176,835 shares during the period. Geode Capital Management LLC raised its holdings in shares of Zumiez by 1.8% during the 2nd quarter. Geode Capital Management LLC now owns 382,561 shares of the apparel and footwear maker’s stock valued at $5,074,000 after buying an additional 6,682 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its stake in Zumiez by 11.7% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 336,196 shares of the apparel and footwear maker’s stock valued at $4,458,000 after purchasing an additional 35,226 shares in the last quarter. 95.45% of the stock is currently owned by hedge funds and other institutional investors.

About Zumiez

Zumiez Inc operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. The company provides hardgoods, including skateboards, snowboards, bindings, components, and other equipment. It operates stores in the United States, Canada, Europe, and Australia under the names of Zumiez, Blue Tomato, and Fast Times.