Zebra Technologies (NASDAQ:ZBRA) Announces Earnings Results

Key Points

• Zebra Technologies reported earnings of $3.61 per share, exceeding analyst expectations of $3.31, alongside a revenue of $1.29 billion for the quarter, marking a 6.2% year-over-year increase.
• Despite positive earnings, Zebra's shares fell 10.5% during mid-day trading, reflecting investor sentiment and possibly market reactions to updated guidance.
• Analysts have varied perspectives, with price target reductions from firms such as Needham & Company and UBS, although the overall rating remains a "Moderate Buy" with an average target price of $341.56.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) posted its quarterly earnings data on Tuesday. The industrial products company reported $3.61 EPS for the quarter, topping analysts' consensus estimates of $3.31 by $0.30, Briefing.com reports. Zebra Technologies had a return on equity of 18.77% and a net margin of 10.73%. 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 previous year, the firm earned $3.18 earnings per share. The firm's quarterly revenue was up 6.2% on a year-over-year basis. Zebra Technologies updated its FY 2025 guidance to 15.250-15.750 EPS and its Q3 2025 guidance to 3.600-3.800 EPS.

Zebra Technologies Trading Down 10.5%

Shares of ZBRA traded down $35.82 during mid-day trading on Tuesday, reaching $305.54. The stock had a trading volume of 1,287,669 shares, compared to its average volume of 588,364. The business's fifty day moving average is $310.38 and its 200 day moving average is $302.45. The firm has a market cap of $15.54 billion, a price-to-earnings ratio of 29.05 and a beta of 1.75. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.45 and a quick ratio of 1.02. Zebra Technologies has a 52-week low of $205.73 and a 52-week high of $427.76.

Institutional Trading of Zebra Technologies

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Empowered Funds LLC increased its stake in shares of Zebra Technologies by 7.2% during the first quarter. Empowered Funds LLC now owns 1,441 shares of the industrial products company's stock worth $407,000 after buying an additional 97 shares during the period. Caxton Associates LLP purchased a new position in Zebra Technologies in the first quarter valued at $317,000. Finally, NewEdge Advisors LLC raised its stake in Zebra Technologies by 39.9% in the first quarter. NewEdge Advisors LLC now owns 1,318 shares of the industrial products company's stock valued at $372,000 after buying an additional 376 shares in the last quarter. 91.03% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Needham & Company LLC lowered their price target on shares of Zebra Technologies from $395.00 to $325.00 and set a "buy" rating for the company in a report on Wednesday, April 30th. UBS Group reduced their price objective on shares of Zebra Technologies from $425.00 to $410.00 and set a "buy" rating on the stock in a research report on Wednesday, April 30th. Morgan Stanley lifted their price objective on Zebra Technologies from $245.00 to $280.00 and gave the stock an "equal weight" rating in a research note on Wednesday, May 28th. Barclays decreased their price target on shares of Zebra Technologies from $326.00 to $263.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 30th. Finally, Citigroup reissued a "neutral" rating and set a $342.00 price objective (up from $280.00) on shares of Zebra Technologies in a research note on Monday, July 14th. Five equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $341.56.

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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