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Zumiez Inc. (ZUMZ) Soars to 52-Week High, Time to Cash Out?
ZumiezZumiez(US:ZUMZ) ZACKSยท2024-09-09 14:16

Company Performance - Zumiez shares have increased by 8.5% over the past month and reached a new 52-week high of $31.37, with a year-to-date gain of 31.2% compared to 11.2% for the Zacks Retail-Wholesale sector and 4.9% for the Zacks Retail - Apparel and Shoes industry [1] - The company has a strong record of positive earnings surprises, not missing earnings consensus estimates in the last four quarters, reporting an EPS of $-0.04 against a consensus estimate of $-0.33 in the latest earnings report [2] - For the current fiscal year, Zumiez is expected to post earnings of -$0.03 per share on revenues of $879.87 million, reflecting a 97.32% change in EPS and a 0.5% change in revenues [3] Future Earnings Projections - For the next fiscal year, Zumiez is projected to earn $0.73 per share on revenues of $907.81 million, indicating a year-over-year change of 2541.67% in EPS and 3.18% in revenues [3] Valuation Metrics - Zumiez currently holds a Value Score of B, a Growth Score of B, and a Momentum Score of C, resulting in a VGM Score of A [6] - The stock has a Zacks Rank of 1 (Strong Buy) due to favorable earnings estimate revisions from analysts, suggesting potential for further price appreciation [7][8] Industry Comparison - The Retail - Apparel and Shoes industry is positioned in the top 35% of all industries, indicating favorable conditions for both Zumiez and its peer, Shoe Carnival, Inc. [11] - Shoe Carnival, Inc. has a Zacks Rank of 2 (Buy) and is expected to post earnings of $2.65 per share on revenues of $1.24 billion for the current fiscal year, with shares gaining 1.7% over the past month [9][10]