Alert: Rating Upgrade (11/10/23)-Zumiez Inc (NASDAQ: ZUMZ).


Stock Rating Upgrade

Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Zumiez Inc (NASDAQ: ZUMZ) improved of late. ZUMZ’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.


Recent Price Action

Zumiez Inc (NASDAQ: ZUMZ) stock closed at $15.74 on 11/10/23 after a large increase of 2.6%. The stock has declined -5.1% during the last week and has been weak relative to the market over the last nine months.

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 C (Low Neutral). This VT Rating improved in recent days from D previously. 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, and the Low Neutral Value Trend Rating results.

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