Zebra Technologies - ZBRA Stock Forecast, Price & News

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, which produce labels, wristbands, tickets, receipts, and plastic cards; dye-sublimination thermal card printers, which produce images which are used for personal identification, access control, and financial transactions; RFID printers that encode data into passive RFID transponders; accessories and options for our printers, including 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. It also provides various maintenance, technical support, repair, and managed and professional services; real-time location systems and services; and tags, sensors, exciters, middleware software, and application software; as well as physical inventory management solutions, and rugged tablets and enterprise-grade mobile computing products and accessories. In addition, the company offers barcode scanners, image capture devices, and RFID readers; and workforce management solutions, workflow execution and task management solutions, and prescriptive analytics solutions, as well as communications and collaboration solutions. It also provides services, including maintenance, technical support, repair, managed and professional services; as well as cloud-based software subscriptions and robotics automation solutions. The company serves retail and e-commerce, manufacturing, transportation and logistics, healthcare, public sector, and other industries through direct sales force, and network of channel partners. The company was founded in 1969 and is headquartered in Lincolnshire, Illinois.

Zebra Technologies Stock Performance

ZBRA opened at $346.74 on Friday. The stock has a market cap of $17.96 billion, a PE ratio of 26.80 and a beta of 1.64. The company has a current ratio of 0.85, a quick ratio of 0.56 and a debt-to-equity ratio of 0.80. Zebra Technologies has a 1 year low of $283.72 and a 1 year high of $615.00. The stock's 50 day simple moving average is $313.62 and its 200-day simple moving average is $371.31.

Zebra Technologies (NASDAQ:ZBRA - Get Rating) last announced its quarterly earnings results on Tuesday, August 2nd. The industrial products company reported $4.61 earnings per share for the quarter, beating analysts' consensus estimates of $3.93 by $0.68. Zebra Technologies had a return on equity of 31.30% and a net margin of 8.56%. The firm had revenue of $1.47 billion for the quarter, compared to analysts' expectations of $1.45 billion. During the same period in the prior year, the business posted $4.17 earnings per share. The business's revenue was up 6.6% compared to the same quarter last year. Sell-side analysts forecast that Zebra Technologies will post 17.23 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Stephens reduced their price target on Zebra Technologies from $600.00 to $500.00 and set an "overweight" rating for the company in a report on Wednesday, August 3rd. Needham & Company LLC reduced their target price on Zebra Technologies from $500.00 to $450.00 and set a "buy" rating for the company in a report on Wednesday, August 3rd. UBS Group reduced their target price on Zebra Technologies from $510.00 to $495.00 and set a "buy" rating for the company in a report on Thursday, August 4th. Morgan Stanley raised Zebra Technologies from an "underweight" rating to an "equal weight" rating and dropped their price target for the stock from $400.00 to $335.00 in a research report on Monday, May 23rd. Finally, TheStreet downgraded Zebra Technologies from a "b-" rating to a "c+" rating in a research report on Monday, June 27th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $453.33.

Insiders Place Their Bets

In other Zebra Technologies news, insider Stephen Edgar Williams sold 2,331 shares of the business's stock in a transaction on Thursday, August 4th. The stock was sold at an average price of $328.50, for a total value of $765,733.50. Following the transaction, the insider now owns 1,976 shares of the company's stock, valued at $649,116. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 1.11% of the company's stock.