Zalando (OTCMKTS:ZLNDY) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Zalando (OTCMKTS:ZLNDY) have received an average recommendation of “Moderate Buy” from the six ratings firms that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company.

ZLNDY has been the topic of several research reports. Sanford C. Bernstein upgraded shares of Zalando from a “strong sell” rating to a “hold” rating in a report on Friday, March 13th. Barclays upgraded shares of Zalando to a “strong-buy” rating in a report on Wednesday, May 6th. Finally, Citigroup reiterated a “buy” rating on shares of Zalando in a report on Thursday, May 14th.

Zalando Price Performance

Shares of ZLNDY opened at $13.45 on Thursday. The company has a market cap of $6.94 billion, a price-to-earnings ratio of 51.73 and a beta of 1.54. Zalando has a 1-year low of $10.84 and a 1-year high of $17.67. The company’s fifty day simple moving average is $12.42 and its 200 day simple moving average is $13.08. The company has a current ratio of 1.09, a quick ratio of 0.58 and a debt-to-equity ratio of 0.18.

Zalando (OTCMKTS:ZLNDY) last posted its quarterly earnings results on Wednesday, May 6th. The company reported ($0.20) earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.25). Zalando had a net margin of 0.89% and a return on equity of 4.15%. The business had revenue of $3.52 billion during the quarter, compared to the consensus estimate of $3.48 billion. On average, research analysts forecast that Zalando will post 0.47 earnings per share for the current fiscal year.

About Zalando

Zalando SE is a leading European online fashion and lifestyle platform, headquartered in Berlin, Germany. Established in 2008 by Robert Gentz and David Schneider, the company has built a marketplace that connects consumers with a broad selection of apparel, footwear, accessories and beauty products. Trading on the OTC Markets under the symbol ZLNDY, Zalando caters to style-conscious shoppers seeking both well-known international brands and emerging designers through its digital storefront.

Since its inception, Zalando has pursued rapid expansion across Europe, launching operations in key markets including Germany, France, Italy, the United Kingdom and the Nordics.