Zebra Technologies Corp. (NASDAQ:ZBRA) CMO Jeffrey F. Schmitz sold 1,474 shares of the firm’s stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $141.49, for a total value of $208,556.26. Following the completion of the transaction, the chief marketing officer now owns 5,565 shares in the company, valued at approximately $787,391.85. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Shares of Zebra Technologies Corp. (ZBRA) traded down $2.23 during mid-day trading on Wednesday, reaching $138.14. The company’s stock had a trading volume of 315,193 shares, compared to its average volume of 399,548. Zebra Technologies Corp. has a 12 month low of $84.32 and a 12 month high of $144.53. The company has a quick ratio of 0.61, a current ratio of 1.06 and a debt-to-equity ratio of 2.61. The stock has a market cap of $7,350.00, a price-to-earnings ratio of 83.72, a P/E/G ratio of 2.53 and a beta of 1.67.
Zebra Technologies (NASDAQ:ZBRA) last posted its quarterly earnings results on Thursday, February 22nd. The industrial products company reported $2.33 EPS for the quarter, topping the consensus estimate of $2.12 by $0.21. Zebra Technologies had a return on equity of 42.96% and a net margin of 0.46%. The business had revenue of $1.03 billion for the quarter, compared to analyst estimates of $984.33 million. During the same quarter in the previous year, the firm earned $1.93 EPS. The company’s quarterly revenue was up 8.9% compared to the same quarter last year. equities research analysts predict that Zebra Technologies Corp. will post 7.43 earnings per share for the current year.
A number of research analysts have weighed in on the company. Wells Fargo & Co restated a “market perform” rating and issued a $140.00 price objective (up previously from $112.00) on shares of Zebra Technologies in a report on Tuesday. ValuEngine upgraded Zebra Technologies from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. BidaskClub upgraded Zebra Technologies from a “hold” rating to a “buy” rating in a report on Saturday, January 13th. Imperial Capital upgraded Zebra Technologies from an “in-line” rating to an “outperform” rating and raised their price objective for the company from $95.00 to $120.00 in a report on Wednesday, November 29th. Finally, Zacks Investment Research lowered Zebra Technologies from a “buy” rating to a “hold” rating and set a $130.00 price objective on the stock. in a report on Saturday, February 10th. Four equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $138.78.
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About Zebra Technologies
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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