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

Key Points

• Zebra Technologies Corporation has received an average rating of "Moderate Buy" from twelve research firms, with an average 12-month price target of $369.56.
• Institutional investors now own 91.03% of Zebra's stock, with significant increases from firms like AllianceBernstein and Balyasny Asset Management in recent quarters.
• Zebra Technologies reported earnings of $3.61 per share for the last quarter, exceeding analysts' expectations and reflecting a 6.2% increase in year-over-year revenue.

Shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Get Free Report) have received an average rating of "Moderate Buy" from the twelve research firms that are currently covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $369.5556.

Several research firms recently issued reports on ZBRA. Needham & Company LLC upped their price target on Zebra Technologies from $325.00 to $345.00 and gave the company a "buy" rating in a research report on Wednesday, August 6th. BNP Paribas Exane raised Zebra Technologies from a "neutral" rating to an "outperform" rating and set a $408.00 price target on the stock in a research report on Thursday, July 10th. Citigroup upped their price target on Zebra Technologies from $340.00 to $346.00 and gave the company a "neutral" rating in a research report on Thursday. Robert W. Baird upped their price target on Zebra Technologies from $320.00 to $367.00 and gave the company an "outperform" rating in a research report on Monday, July 14th. Finally, Barclays set a $375.00 price target on Zebra Technologies in a research report on Tuesday.

Institutional Investors Weigh In On Zebra Technologies

Several large investors have recently added to or reduced their stakes in ZBRA. Alliancebernstein L.P. increased its position in Zebra Technologies by 1,310.3% in the second quarter. Alliancebernstein L.P. now owns 779,680 shares of the industrial products company's stock worth $240,422,000 after buying an additional 724,396 shares during the period. Norges Bank acquired a new stake in Zebra Technologies in the second quarter worth $166,750,000. Alyeska Investment Group L.P. acquired a new stake in Zebra Technologies in the first quarter worth $99,995,000. Balyasny Asset Management L.P. increased its position in Zebra Technologies by 469.4% in the second quarter. Balyasny Asset Management L.P. now owns 401,839 shares of the industrial products company's stock worth $123,911,000 after buying an additional 331,263 shares during the period. Finally, Victory Capital Management Inc. grew its stake in shares of Zebra Technologies by 27.5% in the first quarter. Victory Capital Management Inc. now owns 1,183,710 shares of the industrial products company's stock worth $334,469,000 after purchasing an additional 255,193 shares in the last quarter. 91.03% of the stock is owned by institutional investors and hedge funds.

Zebra Technologies Stock Performance

Shares of ZBRA opened at $275.89 on Friday. The business's 50 day moving average is $311.94 and its two-hundred day moving average is $294.39. Zebra Technologies has a 52-week low of $205.73 and a 52-week high of $427.76. The firm has a market cap of $14.03 billion, a price-to-earnings ratio of 26.05 and a beta of 1.75. The company has a quick ratio of 1.03, a current ratio of 1.46 and a debt-to-equity ratio of 0.59.

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

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

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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