Zebra Technologies Corporation (NASDAQ:ZBRA) Receives Average Recommendation of "Moderate Buy" from Brokerages

Key Points

• Zebra Technologies Corporation has received an average recommendation of "Moderate Buy" from ten brokerages, with four rating it as hold and five as buy.
• The company's stock price opened at $320.91, with an average 1-year price objective set at $357.44 by analysts.
• In August, Zebra Technologies announced a $250 million share buyback program, indicating the board's belief that the stock is undervalued.

Zebra Technologies Corporation (NASDAQ:ZBRA - Get Free Report) has received a consensus rating of "Moderate Buy" from the ten brokerages that are covering the company, MarketBeat reports. Four equities research analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $357.4444.

A number of brokerages have commented on ZBRA. BNP Paribas Exane raised Zebra Technologies from a "neutral" rating to an "outperform" rating and set a $408.00 price objective for the company in a report on Thursday, July 10th. Morgan Stanley increased their price objective on Zebra Technologies from $280.00 to $300.00 and gave the company an "equal weight" rating in a report on Wednesday, August 6th. Barclays set a $301.00 price objective on Zebra Technologies and gave the company an "equal weight" rating in a report on Tuesday, August 5th. Robert W. Baird increased their target price on Zebra Technologies from $320.00 to $367.00 and gave the stock an "outperform" rating in a research report on Monday, July 14th. Finally, Needham & Company LLC increased their price objective on Zebra Technologies from $325.00 to $345.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th.

Zebra Technologies Stock Up 2.6%

ZBRA stock opened at $320.91 on Tuesday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.03 and a current ratio of 1.46. The stock's 50 day simple moving average is $321.48 and its 200 day simple moving average is $292.37. The company has a market cap of $16.32 billion, a P/E ratio of 30.30 and a beta of 1.79. Zebra Technologies has a fifty-two week low of $205.73 and a fifty-two week high of $427.76.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The industrial products company reported $3.61 EPS for the quarter, topping analysts' consensus estimates of $3.31 by $0.30. The firm had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.29 billion. Zebra Technologies had a return on equity of 18.95% and a net margin of 10.56%.The company's revenue for the quarter was up 6.2% on a year-over-year basis. During the same period in the previous year, the company posted $3.18 EPS. Zebra Technologies has set its FY 2025 guidance at 15.250-15.750 EPS. Q3 2025 guidance at 3.600-3.800 EPS. On average, research analysts expect that Zebra Technologies will post 13.71 earnings per share for the current fiscal year.

Zebra Technologies announced that its Board of Directors has initiated a share buyback program on Tuesday, August 5th that allows the company to repurchase $250.00 million in outstanding shares. This repurchase authorization allows the industrial products company to buy up to 1.4% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board believes its stock is undervalued.

Institutional Investors Weigh In On Zebra Technologies

Large investors have recently added to or reduced their stakes in the company. Janus Henderson Group PLC grew its stake in shares of Zebra Technologies by 5.9% during the fourth quarter. Janus Henderson Group PLC now owns 6,376 shares of the industrial products company's stock valued at $2,463,000 after buying an additional 357 shares during the last quarter. Royal Bank of Canada grew its stake in shares of Zebra Technologies by 10.4% during the fourth quarter. Royal Bank of Canada now owns 256,301 shares of the industrial products company's stock valued at $98,989,000 after buying an additional 24,149 shares during the last quarter. Toronto Dominion Bank grew its stake in shares of Zebra Technologies by 21.0% during the fourth quarter. Toronto Dominion Bank now owns 27,609 shares of the industrial products company's stock valued at $10,663,000 after buying an additional 4,796 shares during the last quarter. Tidal Investments LLC grew its stake in shares of Zebra Technologies by 100.1% in the fourth quarter. Tidal Investments LLC now owns 3,722 shares of the industrial products company's stock worth $1,438,000 after purchasing an additional 1,862 shares during the last quarter. Finally, Twinbeech Capital LP bought a new stake in shares of Zebra Technologies in the fourth quarter worth about $19,861,000. Hedge funds and other institutional investors own 91.03% of the company's stock.

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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