Zebra Technologies (NASDAQ:ZBRA) had its target price hoisted by Barrington Research to $150.00 in a report issued on Friday morning. Barrington Research currently has an outperform rating on the industrial products company’s stock.
Several other research firms have also recently commented on ZBRA. Needham & Company LLC lifted their target price on Zebra Technologies to $147.00 and gave the company a buy rating in a research note on Friday. Morgan Stanley reissued an equal weight rating and issued a $125.00 target price (up from $108.00) on shares of Zebra Technologies in a research note on Friday. Zacks Investment Research raised Zebra Technologies from a hold rating to a buy rating and set a $128.00 target price for the company in a research note on Saturday, January 13th. BidaskClub raised Zebra Technologies from a hold rating to a buy rating in a research note on Saturday, January 13th. Finally, ValuEngine raised Zebra Technologies from a hold rating to a buy rating in a research note on Friday, February 2nd. Four analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus price target of $138.63.
Shares of Zebra Technologies (NASDAQ:ZBRA) opened at $140.99 on Friday. The company has a market capitalization of $7,500.00, a price-to-earnings ratio of 85.45, a PEG ratio of 2.55 and a beta of 1.67. Zebra Technologies has a 52 week low of $84.32 and a 52 week high of $144.53. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.06 and a quick ratio of 0.61.
In other news, SVP Michael Cho sold 1,000 shares of the firm’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $110.15, for a total value of $110,150.00. Following the transaction, the senior vice president now directly owns 10,426 shares in the company, valued at approximately $1,148,423.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.40% of the stock is owned by company insiders.
Several large investors have recently bought and sold shares of ZBRA. Greenleaf Trust boosted its position in shares of Zebra Technologies by 98.0% in the 4th quarter. Greenleaf Trust now owns 1,000 shares of the industrial products company’s stock worth $104,000 after purchasing an additional 495 shares during the last quarter. Zions Bancorporation bought a new position in shares of Zebra Technologies in the 3rd quarter worth $180,000. ARP Americas LLC bought a new position in shares of Zebra Technologies in the 3rd quarter worth $202,000. Stifel Financial Corp bought a new position in shares of Zebra Technologies in the 3rd quarter worth $239,000. Finally, Commerce Bank bought a new position in shares of Zebra Technologies in the 3rd quarter worth $278,000. Institutional investors and hedge funds own 89.27% of the company’s stock.
Zebra Technologies Company Profile
Zebra Technologies Corporation designs, manufactures and sells a range of automatic identification and data capture (AIDC) products. The Company’s AIDC products include mobile computers, barcode scanners, radio frequency identification (RFID) readers, wireless local area network (WLAN) products, specialty printers for barcode labeling and personal identification, real-time location systems (RTLS), related accessories and supplies, such as self-adhesive labels and other consumables, and utilities and application software.
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