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 Price Performance

Shares of Zebra Technologies stock traded down $4.46 during trading on Wednesday, hitting $340.45. 333,235 shares of the stock traded hands, compared to its average volume of 453,718. The company has a quick ratio of 0.56, a current ratio of 0.85 and a debt-to-equity ratio of 0.80. The stock has a market cap of $17.63 billion, a price-to-earnings ratio of 26.31 and a beta of 1.64. The firm's fifty day moving average is $314.28 and its 200-day moving average is $367.78. Zebra Technologies has a 52 week low of $283.72 and a 52 week high of $615.00.

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

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling

In other Zebra Technologies news, insider Stephen Edgar Williams sold 2,331 shares of the stock in a transaction that occurred 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 completion of the sale, the insider now owns 1,976 shares in the company, valued at approximately $649,116. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.94% of the stock is owned by corporate insiders.