Zebra Technologies (NASDAQ:ZBRA) Given "Hold (C)" Rating at Weiss Ratings

Key Points

• Zebra Technologies has received a "Hold (C)" rating from Weiss Ratings, amidst varying assessments from other research firms, with target prices ranging from $300 to $408.
• The company's stock traded down 1.7% to $308.66, with a market capitalization of $15.69 billion and a significant 52-week high of $427.76.
• Zebra Technologies announced a share buyback program allowing for up to $250 million in repurchases, indicating confidence from the company's leadership about its stock valuation.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report)'s stock had its "hold (c)" rating reaffirmed by research analysts at Weiss Ratings in a research note issued on Friday,Weiss Ratings reports.

A number of other research firms have also weighed in on ZBRA. BNP Paribas Exane raised shares of Zebra Technologies from a "neutral" rating to an "outperform" rating and set a $408.00 target price for the company in a research report on Thursday, July 10th. Barclays set a $375.00 target price on shares of Zebra Technologies in a research report on Tuesday, October 7th. Zacks Research lowered shares of Zebra Technologies from a "strong-buy" rating to a "hold" rating in a research report on Monday, October 13th. Needham & Company LLC boosted their target price on shares of Zebra Technologies from $325.00 to $345.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. Finally, Morgan Stanley boosted their target price on shares of Zebra Technologies from $280.00 to $300.00 and gave the stock an "equal weight" rating in a research report on Wednesday, August 6th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $369.56.

Zebra Technologies Stock Down 1.7%

Shares of ZBRA stock traded down $5.23 on Friday, hitting $308.66. The company's stock had a trading volume of 427,245 shares, compared to its average volume of 572,402. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.46 and a quick ratio of 1.03. Zebra Technologies has a fifty-two week low of $205.73 and a fifty-two week high of $427.76. The firm's fifty day moving average price is $307.61 and its 200-day moving average price is $296.34. The stock has a market capitalization of $15.69 billion, a price-to-earnings ratio of 29.21 and a beta of 1.75.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.31 by $0.30. The business had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.29 billion. Zebra Technologies had a net margin of 10.56% and a return on equity of 18.95%. Zebra Technologies's quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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. Research analysts anticipate that Zebra Technologies will post 13.71 EPS for the current year.

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Forum Financial Management LP raised its holdings in Zebra Technologies by 20.5% in the 3rd quarter. Forum Financial Management LP now owns 1,045 shares of the industrial products company's stock valued at $311,000 after acquiring an additional 178 shares during the period. MASTERINVEST Kapitalanlage GmbH acquired a new stake in Zebra Technologies in the 3rd quarter worth about $931,000. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in Zebra Technologies by 2.7% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 6,640 shares of the industrial products company's stock worth $1,973,000 after purchasing an additional 177 shares in the last quarter. Oregon Public Employees Retirement Fund raised its stake in Zebra Technologies by 32.3% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 5,847 shares of the industrial products company's stock worth $1,737,000 after purchasing an additional 1,429 shares in the last quarter. Finally, Lecap Asset Management Ltd. acquired a new position in shares of Zebra Technologies in the 3rd quarter valued at approximately $1,894,000. 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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