Zebra Technologies Corporation (NASDAQ:ZBRA) Given Average Recommendation of "Moderate Buy" by Analysts

Key Points

• Zebra Technologies Corporation (NASDAQ:ZBRA) has received an average recommendation of "Moderate Buy" from analysts, with varying ratings including hold, buy, and strong buy across twelve brokerages.
• The company recently reported $4.02 earnings per share for the last quarter, exceeding analyst estimates, and its revenue increased by 11.3% year-over-year.
• Zebra Technologies' stock price target ranges from $263.00 to $408.00, indicating differing market expectations among analysts after recent ratings adjustments.

Zebra Technologies Corporation (NASDAQ:ZBRA - Get Free Report) has been given an average recommendation of "Moderate Buy" by the twelve brokerages that are presently covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $348.40.

A number of research analysts recently weighed in on ZBRA shares. BNP Paribas raised Zebra Technologies from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 10th. Wall Street Zen cut Zebra Technologies from a "buy" rating to a "hold" rating in a research note on Thursday, May 1st. BNP Paribas Exane raised Zebra Technologies from a "neutral" rating to an "outperform" rating and set a $408.00 price target for the company in a research report on Thursday, July 10th. Citigroup reissued a "neutral" rating and set a $342.00 price objective (up from $280.00) on shares of Zebra Technologies in a research report on Monday, July 14th. Finally, Barclays reduced their price objective on shares of Zebra Technologies from $326.00 to $263.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 30th.

Zebra Technologies Stock Up 0.7%

ZBRA stock opened at $335.69 on Monday. Zebra Technologies has a fifty-two week low of $205.73 and a fifty-two week high of $427.76. The company has a market capitalization of $17.07 billion, a price-to-earnings ratio of 31.76 and a beta of 1.75. The business's 50 day moving average price is $306.03 and its two-hundred day moving average price is $304.49. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.02 and a current ratio of 1.45.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The industrial products company reported $4.02 earnings per share for the quarter, beating the consensus estimate of $3.60 by $0.42. The company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.29 billion. Zebra Technologies had a return on equity of 18.77% and a net margin of 10.73%. The firm's revenue was up 11.3% on a year-over-year basis. During the same period in the previous year, the company posted $2.84 earnings per share. As a group, analysts forecast that Zebra Technologies will post 13.71 earnings per share for the current fiscal year.

Institutional Trading of Zebra Technologies

A number of large investors have recently made changes to their positions in ZBRA. Benjamin Edwards Inc. boosted its holdings in Zebra Technologies by 5.7% in the fourth quarter. Benjamin Edwards Inc. now owns 651 shares of the industrial products company's stock worth $251,000 after purchasing an additional 35 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. lifted its holdings in shares of Zebra Technologies by 1.9% during the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,866 shares of the industrial products company's stock valued at $527,000 after buying an additional 35 shares during the period. GTS Securities LLC lifted its holdings in shares of Zebra Technologies by 5.0% during the 4th quarter. GTS Securities LLC now owns 794 shares of the industrial products company's stock valued at $307,000 after buying an additional 38 shares during the period. World Investment Advisors lifted its holdings in shares of Zebra Technologies by 1.1% during the 4th quarter. World Investment Advisors now owns 3,842 shares of the industrial products company's stock valued at $1,484,000 after buying an additional 42 shares during the period. Finally, Allworth Financial LP boosted its stake in shares of Zebra Technologies by 29.7% in the 1st quarter. Allworth Financial LP now owns 192 shares of the industrial products company's stock worth $54,000 after buying an additional 44 shares during the last quarter. 91.03% of the stock is currently owned by institutional investors.

Zebra Technologies Company Profile

Zebra Technologies Corporation, together with its subsidiaries, provides enterprise asset intelligence solutions in the automatic identification and data capture solutions industry worldwide. It operates in two segments, Asset Intelligence & Tracking, and Enterprise Visibility & Mobility. The company designs, manufactures, and sells printers that produce labels, wristbands, tickets, receipts, and plastic cards; dye-sublimination thermal card printers that produce images, which are used for personal identification, access control, and financial transactions; radio frequency identification device (RFID) printers that encode data into passive RFID transponders; accessories and options for printers, including carrying cases, vehicle mounts, and battery chargers; stock and customized thermal labels, receipts, ribbons, plastic cards, and RFID tags for printers; and temperature-monitoring labels primarily used in vaccine distribution.

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