Zebra Technologies (NASDAQ:ZBRA) Upgraded at Barclays

Key Points

• Zebra Technologies was upgraded from a "hold" to a "strong-buy" rating by Barclays, indicating increased confidence in the company's stock potential.
• Multiple analysts have also raised their ratings for Zebra Technologies, with Zacks Research and BNP Paribas similarly upgrading to "strong-buy" status.
• The company reported a 6.2% increase in revenue year-over-year, alongside an EPS of $3.61, surpassing analysts' expectations of $3.31 for the quarter.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) was upgraded by analysts at Barclays from an "equal weight" rating to an "overweight" rating in a research note issued to investors on Tuesday, MarketBeat reports.

Several other analysts have also recently commented on the company. BNP Paribas upgraded Zebra Technologies from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 10th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Zebra Technologies in a report on Wednesday. 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 report on Thursday, July 10th. Zacks Research raised Zebra Technologies from a "hold" rating to a "strong-buy" rating in a report on Friday, September 12th. Finally, Truist Financial lifted their price target on Zebra Technologies from $319.00 to $350.00 and gave the company a "hold" rating in a report on Wednesday. Three analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Zebra Technologies has a consensus rating of "Moderate Buy" and an average price target of $369.11.

Zebra Technologies Price Performance

NASDAQ ZBRA opened at $307.28 on Tuesday. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.46 and a quick ratio of 1.03. The stock's 50-day moving average is $313.93 and its two-hundred day moving average is $294.49. The firm has a market cap of $15.62 billion, a P/E ratio of 29.02 and a beta of 1.75. 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 released its earnings results on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share for the quarter, topping 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 business had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same period last year, the business earned $3.18 earnings per share. The firm's revenue for the quarter was up 6.2% compared to the same quarter last year. 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, analysts anticipate that Zebra Technologies will post 13.71 earnings per share for the current fiscal year.

Zebra Technologies declared that its board has initiated a stock repurchase program on Tuesday, August 5th that permits the company to buyback $250.00 million in outstanding shares. This buyback authorization permits the industrial products company to buy up to 1.4% of its shares through open market purchases. Shares buyback programs are often an indication that the company's board believes its shares are undervalued.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Trust Co. of Toledo NA OH acquired a new position in Zebra Technologies during the 2nd quarter worth $25,000. Zions Bancorporation National Association UT bought a new stake in shares of Zebra Technologies during the 1st quarter valued at $27,000. Cary Street Partners Investment Advisory LLC bought a new stake in shares of Zebra Technologies during the 1st quarter valued at $29,000. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Zebra Technologies during the 1st quarter valued at $30,000. Finally, Brooklyn Investment Group raised its position in shares of Zebra Technologies by 101.9% during the 1st quarter. Brooklyn Investment Group now owns 107 shares of the industrial products company's stock valued at $30,000 after acquiring an additional 54 shares during the last quarter. Institutional investors and hedge funds own 91.03% of the company's stock.

About Zebra Technologies

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.