Stock analysts at BB&T Corp. began coverage on shares of Quiksilver (NYSE:ZQK) in a report issued on Wednesday, AnalystRatings.Net reports. The firm set a “buy” rating on the stock.
Shares of Quiksilver (NYSE:ZQK) opened at 6.70 on Wednesday. Quiksilver has a one year low of $2.90 and a one year high of $8.14. The stock’s 50-day moving average is $5.81 and its 200-day moving average is $6.4. The company’s market cap is $1.127 billion.
Quiksilver (NYSE:ZQK) last released its earnings data on Thursday, September 5th. The company reported $0.10 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.04 by $0.06. The company had revenue of $495.76 million for the quarter, compared to the consensus estimate of $505.02 million. During the same quarter last year, the company posted $0.09 earnings per share. Quiksilver’s revenue was down 3.3% compared to the same quarter last year. On average, analysts predict that Quiksilver will post $-0.13 earnings per share for the current fiscal year.
A number of other firms have also recently commented on ZQK. Analysts at Credit Suisse upgraded shares of Quiksilver (NYSE:ZQK) from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, September 9th. They now have a $9.00 price target on the stock, up previously from $6.85. Separately, analysts at Zacks upgraded shares of Quiksilver (NYSE:ZQK) from an “underperform” rating to a “neutral” rating in a research note to investors on Monday, August 19th. They now have a $5.50 price target on the stock. Finally, analysts at B. Riley downgraded shares of Quiksilver (NYSE:ZQK) from a “buy” rating to a “neutral” rating in a research note to investors on Monday, August 12th. They now have a $6.50 price target on the stock, down previously from $9.25.
Seven research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $7.24.
Quiksilver, Inc is a diversified company that designs, develops and distributes branded apparel, footwear, accessories and related products, catering to the casual, youth lifestyle associated with the sports of surfing, skateboarding and snowboarding.