Janney Montgomery Scott Maintains a 'Neutral' on Zumiez, Inc. (ZUMZ); Impressive February Comps

March 1, 2012 7:59 AM EST
Get Alerts ZUMZ Hot Sheet
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
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Janney Montgomery Scott Maintains a 'Neutral' on Zumiez, Inc. (NASDAQ: ZUMZ) price target raised $1 to $31.

JMS analyst said, "ZUMZ reported an impressive comp beat of +14.2% for February versus Retail Metrics consensus of +5.3%. We had been looking for an upside +7% February comp. The company did not comment on their previous 4Q11 EPS guidance in the range of $0.57 to $0.58; the Street is at $0.59, we are at $0.61."

"We are maintaining our FY11 EPS estimate, and raising our FY12 and FY13 EPS estimates; FY11 remains $1.20 (versus consensus of $1.20); FY12 goes to $1.40 from $1.38 (versus consensus of $1.38); and FY13 goes to $1.60 from $1.56 (versus consensus of $1.59)."

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 $31.42 yesterday.


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