Zumiez Inc (NASDAQ: ZUMZ) stock enjoyed a major increase of 12.6% on 11/14/23. The shares closed at $17.71. The stock has been weak relative to the market over the last nine months but has risen 7.2% during the last week.
Current PriceTarget Research Rating
ZUMZ’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.
Zumiez has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Zumiez has a neutral Appreciation Score of 51 and a neutral Power Rating of 42, leading to the Low Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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