Zumiez Inc (NASDAQ: ZUMZ) suffers from exceptional negative changes in investment behavior: its longer term price trend turned down, the stock fell on very heavy volume, and negative upside/downside volume developed.
Recent small negative changes in fundamentals have impacted Zumiez Inc (NASDAQ: ZUMZ): significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
ZUMZ is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Zumiez has a current Value Trend Rating of B (Positive). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Zumiez has a slightly positive Power Rating of 63 and a slightly positive Appreciation Score of 64, producing the Positive Value Trend Rating.
Recent Price Action
Zumiez Inc (NASDAQ: ZUMZ) stock closed at $13.32 on 3/18/24 after a decline of -2.1%. Moreover, trading volume in this decline was exceptionally high at 225% of normal. The stock has declined -17.7% during the last week and has performed in line with the market over the last nine months.
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