Zebra Technologies (NASDAQ:ZBRA) Receives "Hold (C)" Rating from Weiss Ratings

Key Points

• Zebra Technologies has received a "Hold (C)" rating from Weiss Ratings, indicating a cautious outlook for investors.
• The stock price objective was recently increased by several analysts, with Robert W. Baird raising it to $367.00, and a consensus target price of $369.11.
• The company reported $3.61 EPS for the last quarter, exceeding expectations, while also announcing a stock buyback program worth $250 million.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report)'s stock had its "hold (c)" rating reissued by Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

A number of other research analysts also recently issued reports on the company. Robert W. Baird increased their price objective on Zebra Technologies from $320.00 to $367.00 and gave the stock an "outperform" rating in a report on Monday, July 14th. Truist Financial increased their price objective on Zebra Technologies from $319.00 to $350.00 and gave the stock a "hold" rating in a report on Wednesday. BNP Paribas upgraded Zebra Technologies from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 10th. Zacks Research upgraded Zebra Technologies from a "hold" rating to a "strong-buy" rating in a report on Friday, September 12th. Finally, Citigroup reiterated a "neutral" rating and set a $342.00 price objective (up from $280.00) on shares of Zebra Technologies in a report on Monday, July 14th. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $369.11.

Zebra Technologies Stock Up 2.6%

Shares of NASDAQ ZBRA traded up $7.81 during mid-day trading on Wednesday, reaching $304.45. 219,975 shares of the company's stock were exchanged, compared to its average volume of 572,566. The firm has a market capitalization of $15.48 billion, a price-to-earnings ratio of 28.76 and a beta of 1.75. The company has a current ratio of 1.46, a quick ratio of 1.03 and a debt-to-equity ratio of 0.59. The business has a fifty day simple moving average of $314.43 and a 200 day simple moving average of $294.40. Zebra Technologies has a twelve month low of $205.73 and a twelve month high of $427.76.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last released its quarterly earnings results 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 company had revenue of $1.29 billion for 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%.Zebra Technologies's revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the firm posted $3.18 earnings per share. Zebra Technologies has set its FY 2025 guidance at 15.250-15.750 EPS. Q3 2025 guidance at 3.600-3.800 EPS. As a group, equities analysts expect that Zebra Technologies will post 13.71 EPS for the current fiscal year.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Czech National Bank boosted its stake in shares of Zebra Technologies by 3.9% during the 3rd quarter. Czech National Bank now owns 12,914 shares of the industrial products company's stock worth $3,838,000 after acquiring an additional 484 shares during the period. Norway Savings Bank boosted its stake in shares of Zebra Technologies by 2.7% during the 3rd quarter. Norway Savings Bank now owns 4,066 shares of the industrial products company's stock worth $1,208,000 after acquiring an additional 106 shares during the period. Grant Private Wealth Management Inc bought a new position in shares of Zebra Technologies during the 3rd quarter worth approximately $237,000. Sanders Morris Harris LLC acquired a new stake in Zebra Technologies during the 3rd quarter worth approximately $795,000. Finally, Oak Thistle LLC lifted its holdings in Zebra Technologies by 299.7% during the 3rd quarter. Oak Thistle LLC now owns 8,642 shares of the industrial products company's stock worth $2,568,000 after purchasing an additional 6,480 shares during the last quarter. 91.03% of the stock is currently owned by institutional investors.

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.

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