Seaport Res Ptn Decreases Earnings Estimates for Zumiez

Zumiez Inc. (NASDAQ:ZUMZ) – Equities research analysts at Seaport Res Ptn dropped their FY2025 EPS estimates for shares of Zumiez in a report issued on Tuesday, January 14th. Seaport Res Ptn analyst M. Kummetz now forecasts that the apparel and footwear maker will post earnings per share of ($0.10) for the year, down from their prior forecast of $0.05. The consensus estimate for Zumiez’s current full-year earnings is $0.01 per share. Seaport Res Ptn also issued estimates for Zumiez’s FY2026 earnings at $0.38 EPS and FY2027 earnings at $0.74 EPS.

Zumiez Price Performance

ZUMZ opened at $16.10 on Thursday. The business has a fifty day simple moving average of $20.63 and a 200 day simple moving average of $22.32. Zumiez has a 1 year low of $12.90 and a 1 year high of $31.37. The company has a market capitalization of $308.64 million, a PE ratio of -6.26 and a beta of 1.26.

Zumiez (NASDAQ:ZUMZ) last announced its quarterly earnings results on Thursday, December 5th. The apparel and footwear maker reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.04. The business had revenue of $222.50 million during the quarter, compared to the consensus estimate of $222.06 million. Zumiez had a negative return on equity of 2.67% and a negative net margin of 5.60%. The company’s quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter last year, the firm posted ($0.12) EPS.

Hedge Funds Weigh In On Zumiez

A number of hedge funds have recently bought and sold shares of ZUMZ. JPMorgan Chase & Co. grew its position in shares of Zumiez by 215.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 95,485 shares of the apparel and footwear maker’s stock worth $2,034,000 after purchasing an additional 65,182 shares in the last quarter. Franklin Resources Inc. bought a new stake in shares of Zumiez in the third quarter valued at approximately $236,000. Virtu Financial LLC acquired a new stake in Zumiez during the third quarter worth approximately $423,000. Barclays PLC increased its stake in Zumiez by 55.6% during the 3rd quarter. Barclays PLC now owns 47,387 shares of the apparel and footwear maker’s stock worth $1,010,000 after acquiring an additional 16,934 shares during the period. Finally, Geode Capital Management LLC raised its holdings in Zumiez by 0.3% in the 3rd quarter. Geode Capital Management LLC now owns 388,589 shares of the apparel and footwear maker’s stock valued at $8,279,000 after acquiring an additional 1,195 shares in the last quarter. 95.45% of the stock is owned by institutional investors.

Zumiez Company Profile

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.