Zebra Technologies (NASDAQ:ZBRA) Stock Bumped Down to Buy by Wall Street Zen

Wall Street Zen lowered shares of Zebra Technologies (NASDAQ:ZBRA) from a strong-buy rating to a buy rating in a research note issued to investors on Sunday,Wall Street Zen reports.

ZBRA has been the subject of several other research reports. Citigroup reissued a “buy” rating on shares of Zebra Technologies in a research report on Monday, October 12th. Needham & Company LLC boosted their price objective on shares of Zebra Technologies from $410.00 to $435.00 and gave the stock a “buy” rating in a report on Tuesday, September 15th. Morgan Stanley set a $360.00 price target on shares of Zebra Technologies in a research report on Wednesday, August 5th. Zacks Research downgraded shares of Zebra Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. Finally, TD Cowen raised their price objective on shares of Zebra Technologies from $400.00 to $450.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Nine equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $385.83.

Zebra Technologies Stock Performance

Shares of NASDAQ:ZBRA opened at $386.45 on Friday. The firm has a market capitalization of $18.41 billion, a PE ratio of 35.36 and a beta of 1.58. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.52 and a quick ratio of 0.33. The business has a 50-day moving average of $366.07 and a two-hundred day moving average of $296.84. Zebra Technologies has a 12 month low of $199.05 and a 12 month high of $392.78.

Zebra Technologies (NASDAQ:ZBRA) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $6.35 EPS for the quarter, topping analysts’ consensus estimates of $4.36 by $1.99. Zebra Technologies had a return on equity of 22.29% and a net margin of 9.22%. The company had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same period last year, the business posted $3.61 EPS. The company’s quarterly revenue was up 20.4% compared to the same quarter last year. Zebra Technologies has set its Q3 2026 guidance at 4.700-4.900 EPS and its FY 2026 guidance at 20.750-21.250 EPS. As a group, research analysts forecast that Zebra Technologies will post 18.07 earnings per share for the current year.

Insider Buying and Selling at Zebra Technologies

In other Zebra Technologies news, Director Linda Connly sold 500 shares of the business’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $377.68, for a total transaction of $188,840.00. Following the completion of the sale, the director owned 3,708 shares in the company, valued at $1,400,437.44. The trade was a 11.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Michael Cho sold 3,500 shares of the stock in a transaction on Friday, August 7th. The stock was sold at an average price of $375.20, for a total transaction of $1,313,200.00. Following the sale, the insider directly owned 5,170 shares in the company, valued at $1,939,784. This trade represents a 40.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.91% of the company’s stock.

Institutional Investors Weigh In On Zebra Technologies

A number of institutional investors have recently modified their holdings of the business. Swedbank AB boosted its position in shares of Zebra Technologies by 958.0% during the 1st quarter. Swedbank AB now owns 417,898 shares of the industrial products company’s stock valued at $87,374,000 after purchasing an additional 378,400 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of Zebra Technologies by 111.6% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 500,628 shares of the industrial products company’s stock worth $104,671,000 after purchasing an additional 264,015 shares during the last quarter. Renaissance Technologies LLC raised its holdings in shares of Zebra Technologies by 415.3% in the 1st quarter. Renaissance Technologies LLC now owns 288,311 shares of the industrial products company’s stock worth $60,280,000 after purchasing an additional 232,360 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Zebra Technologies by 37.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 686,335 shares of the industrial products company’s stock worth $143,473,000 after purchasing an additional 185,387 shares in the last quarter. Finally, Oslo Pensjonsforsikring AS bought a new stake in shares of Zebra Technologies in the 1st quarter worth approximately $26,993,000. Institutional investors own 91.03% of the company’s stock.

About Zebra Technologies

Zebra Technologies Corp. (NASDAQ: ZBRA) develops technologies that help businesses identify, track and manage assets, inventory and operational processes. Its solutions are used by organizations in retail, manufacturing, transportation and logistics, healthcare, government and other industries to improve visibility and productivity across their operations.

The company’s portfolio includes barcode and label printers, barcode scanners, mobile computers, radio-frequency identification (RFID) readers and tags, machine-vision systems, fixed industrial scanners and related software.