Janney Montgomery Scott Maintains a 'Neutral' on Zumiez (ZUMZ); Momentum Continues with Strong December Comp Beat
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Price: $18.64 -1.38%
Rating Summary:
6 Buy, 17 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
6 Buy, 17 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Janney Montgomery Scott maintains a 'Neutral' on Zumiez, Inc. (NASDAQ: ZUMZ) price target of $30.00.
JMS analyst says, "We are raising our FY11 and FY12 EPS estimates to $1.19 from $1.14 (versus consensus of $1.14) and to $1.36 from $1.32 (versus consensus of $1.34), respectively. We are also introducing our FY13 EPS estimate of $1.54 versus consensus of $1.52."
"Our checks continue to reflect clean levels of inventory, both full price and clearance, and ZUMZ continues to be one of the least promotional teen retailers. The diversified mix of third party brands and private label continues to resonate strongly with shoppers and provides the company with significant levers to pull. We continue to believe ZUMZ is a "go to" store for its target market."
For an analyst ratings summary and ratings history on Zumiez, Inc. click here. For more ratings news on Zumiez, Inc. click here.
Shares of Zumiez, Inc. closed at $26.33 yesterday.
JMS analyst says, "We are raising our FY11 and FY12 EPS estimates to $1.19 from $1.14 (versus consensus of $1.14) and to $1.36 from $1.32 (versus consensus of $1.34), respectively. We are also introducing our FY13 EPS estimate of $1.54 versus consensus of $1.52."
"Our checks continue to reflect clean levels of inventory, both full price and clearance, and ZUMZ continues to be one of the least promotional teen retailers. The diversified mix of third party brands and private label continues to resonate strongly with shoppers and provides the company with significant levers to pull. We continue to believe ZUMZ is a "go to" store for its target market."
For an analyst ratings summary and ratings history on Zumiez, Inc. click here. For more ratings news on Zumiez, Inc. click here.
Shares of Zumiez, Inc. closed at $26.33 yesterday.
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