Zebra Technologies (NASDAQ:ZBRA – Get Free Report) was upgraded by stock analysts at Cfra from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday, Marketbeat.com reports.
Several other analysts also recently commented on ZBRA. Truist Financial lifted their target price on shares of Zebra Technologies from $355.00 to $378.00 and gave the stock a “hold” rating in a report on Monday, October 5th. BNP Paribas Exane reissued an “outperform” rating and issued a $455.00 price target (up from $370.00) on shares of Zebra Technologies in a report on Wednesday, August 5th. Wall Street Zen upgraded shares of Zebra Technologies from a “buy” rating to a “strong-buy” rating in a research report on Monday. UBS Group restated a “buy” rating on shares of Zebra Technologies in a report on Wednesday, August 5th. Finally, Zacks Research downgraded Zebra Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. Ten research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $387.50.
Get Our Latest Analysis on Zebra Technologies
Zebra Technologies Trading Down 8.8%
ZBRA stock opened at $329.50 on Wednesday. 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 company has a fifty day moving average price of $366.71 and a two-hundred day moving average price of $281.25. Zebra Technologies has a one year low of $199.05 and a one year high of $392.78. The stock has a market cap of $15.69 billion, a price-to-earnings ratio of 30.15 and a beta of 1.61.
Zebra Technologies (NASDAQ:ZBRA – Get Free Report) last released its quarterly earnings data on Tuesday, November 3rd. The industrial products company reported $4.95 EPS for the quarter, beating the consensus estimate of $4.89 by $0.06. The firm had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.57 billion. Zebra Technologies had a net margin of 9.22% and a return on equity of 22.29%. The company’s quarterly revenue was up 22.3% on a year-over-year basis. During the same period in the previous year, the company earned $3.88 earnings per share. Equities analysts anticipate that Zebra Technologies will post 18.07 EPS for the current year.
Insiders Place Their Bets
In other news, Director Linda Connly sold 500 shares of the business’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $377.68, for a total value of $188,840.00. Following the completion of the sale, the director owned 3,708 shares of the company’s stock, valued at approximately $1,400,437.44. The trade was a 11.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Michael Cho sold 3,500 shares of the company’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $375.20, for a total transaction of $1,313,200.00. Following the completion of the transaction, the insider 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. Additional details regarding this sale are available in the official SEC disclosure. 0.91% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the business. Oregon Public Employees Retirement Fund raised its position in shares of Zebra Technologies by 0.5% in the third quarter. Oregon Public Employees Retirement Fund now owns 5,863 shares of the industrial products company’s stock valued at $2,189,000 after buying an additional 27 shares in the last quarter. Fulton Bank N.A. boosted its stake in shares of Zebra Technologies by 2.3% in the second quarter. Fulton Bank N.A. now owns 1,720 shares of the industrial products company’s stock valued at $453,000 after buying an additional 38 shares during the period. Wealth Alliance LLC grew its position in Zebra Technologies by 5.2% during the first quarter. Wealth Alliance LLC now owns 1,029 shares of the industrial products company’s stock worth $215,000 after buying an additional 51 shares in the last quarter. Parkside Financial Bank & Trust grew its position in Zebra Technologies by 33.7% during the second quarter. Parkside Financial Bank & Trust now owns 222 shares of the industrial products company’s stock worth $58,000 after buying an additional 56 shares in the last quarter. Finally, Empirical Finance LLC grew its position in Zebra Technologies by 3.5% during the second quarter. Empirical Finance LLC now owns 1,770 shares of the industrial products company’s stock worth $466,000 after buying an additional 60 shares in the last quarter. Institutional investors and hedge funds own 91.03% of the company’s stock.
Key Zebra Technologies News
Here are the key news stories impacting Zebra Technologies this week:
- Positive Sentiment: Revenue rose 22.3% year over year to $1.614 billion, beating estimates of $1.57 billion. Adjusted earnings of $4.95 per share also topped the $4.89 consensus. Zebra cited broad-based sales growth, including demand for Connected Frontline solutions and automation, and raised its full-year growth outlook. Zebra Technologies Q3 results
- Negative Sentiment: Despite the record quarter and improved outlook, investors reacted to the risk that higher memory costs will weigh on profit margins in 2027. That concern overshadowed the earnings and sales beats and contributed to the stock’s decline. Record quarter and margin warning Higher memory-cost outlook
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.
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