Wednesday, March 16, 2011

Quiksilver, Inc. (ZQK) Current Price $4.21 Estimated 1 Year Price $6.69

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. It markets products across three core brands: Quiksilver, Roxy and DC, as well as several smaller brands. Its products are sold in over 90 countries in a range of distribution channels, including surf shops, skateboard shops, snowboard shops, specialty stores, select department stores and 764 owned or licensed company stores. During fiscal year ended October 31, 2010 (fiscal 2010), more than 65% of its revenue was generated outside of the United States. In April 2010, the Company sold its Raisins juniors swimwear label and Leilani contemporary label.

Symbol: ZQK

Address
15202 Graham Street
Huntington Beach, CA 92649
United States
(714) 889-2200

www.quiksilverinc.com

Quiksilver is doing some good things. The company is steady in revenues with great margins. The company has been paying down debt like crazy in the last few years. Their payroll numbers are a little on the high side but overall Quiksilver is well ran. This company is undervalued with its solid revenues and footprint of 700+ store distribution network. I think this company will appreciate to about $6.69 a share.

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