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 NASDAQ:ZBRA opened at $346.74 on Monday. The firm has a market capitalization of $17.96 billion, a P/E ratio of 26.80 and a beta of 1.64. The firm's 50-day moving average price is $313.62 and its 200-day moving average price is $369.87. 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.

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 (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 quarter in the prior year, the company earned $4.17 earnings per share. The company's quarterly 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.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on ZBRA shares. Needham & Company LLC decreased their price target on Zebra Technologies from $500.00 to $450.00 and set a "buy" rating on the stock in a research note on Wednesday, August 3rd. TheStreet cut Zebra Technologies from a "b-" rating to a "c+" rating in a report on Monday, June 27th. UBS Group reduced their price objective on shares of Zebra Technologies from $510.00 to $495.00 and set a "buy" rating on the stock in a research note on Thursday, August 4th. Robert W. Baird dropped their price target on shares of Zebra Technologies from $550.00 to $440.00 in a research report on Wednesday, May 4th. Finally, Morgan Stanley raised Zebra Technologies from an "underweight" rating to an "equal weight" rating and lowered their price objective for the stock from $400.00 to $335.00 in a research report on Monday, May 23rd. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $453.33.

Insiders Place Their Bets

In other news, insider Stephen Edgar Williams sold 2,331 shares of Zebra Technologies stock in a transaction dated Thursday, August 4th. The shares were sold at an average price of $328.50, for a total transaction of $765,733.50. Following the completion of the transaction, the insider now directly owns 1,976 shares in the company, valued at $649,116. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.11% of the company's stock.