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.

Analyst Ratings Changes

Several analysts have commented on ZBRA shares. StockNews.com downgraded shares of Zebra Technologies from a "buy" rating to a "hold" rating in a report on Thursday, June 9th. UBS Group dropped their target price on shares of Zebra Technologies from $510.00 to $495.00 and set a "buy" rating on the stock in a report on Thursday, August 4th. Stephens dropped their target price on shares of Zebra Technologies from $600.00 to $500.00 and set an "overweight" rating on the stock in a report on Wednesday, August 3rd. Morgan Stanley upgraded shares of Zebra Technologies from an "underweight" rating to an "equal weight" rating and lowered their price objective for the company from $400.00 to $335.00 in a report on Monday, May 23rd. Finally, Needham & Company LLC lowered their price objective on shares of Zebra Technologies from $500.00 to $450.00 and set a "buy" rating on the stock in a report on Wednesday, August 3rd. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $453.33.

Zebra Technologies Price Performance

NASDAQ:ZBRA opened at $346.74 on Friday. The company has a quick ratio of 0.56, a current ratio of 0.85 and a debt-to-equity ratio of 0.80. Zebra Technologies has a 12-month low of $283.72 and a 12-month high of $615.00. The company has a market capitalization of $17.96 billion, a PE ratio of 26.80 and a beta of 1.64. The firm's 50 day moving average is $313.62 and its 200-day moving average is $370.60.

Zebra Technologies (NASDAQ:ZBRA - Get Rating) last released its earnings results on Tuesday, August 2nd. The industrial products company reported $4.61 earnings per share for the quarter, beating the consensus estimate of $3.93 by $0.68. Zebra Technologies had a net margin of 8.56% and a return on equity of 31.30%. The business had revenue of $1.47 billion during the quarter, compared to analysts' expectations of $1.45 billion. During the same period last year, the business earned $4.17 earnings per share. The firm's revenue was up 6.6% on a year-over-year basis. Equities research analysts anticipate that Zebra Technologies will post 17.23 earnings per share for the current fiscal year.

Insider Activity at Zebra Technologies

In related news, insider Stephen Edgar Williams sold 2,331 shares of the firm's stock in a transaction on Thursday, August 4th. The shares were sold at an average price of $328.50, for a total value of $765,733.50. Following the completion of the transaction, the insider now directly owns 1,976 shares of the company's stock, valued at $649,116. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.11% of the stock is owned by company insiders.