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 Down 3.1 %

ZBRA Stock traded down $10.17 during midday trading on Tuesday, hitting $320.15. The stock had a trading volume of 360,560 shares, compared to its average volume of 461,603. The firm has a market cap of $16.81 billion, a price-to-earnings ratio of 24.74 and a beta of 1.64. The business has a 50-day moving average of $313.72 and a two-hundred day moving average of $372.86. Zebra Technologies has a 52-week low of $283.72 and a 52-week high of $615.00. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.85 and a quick ratio of 0.56.

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

Analysts Set New Price Targets

A number of research firms recently weighed in on ZBRA. Stephens dropped their target price on Zebra Technologies from $600.00 to $500.00 and set an "overweight" rating for the company in a research report on Wednesday, August 3rd. TheStreet downgraded Zebra Technologies from a "b-" rating to a "c+" rating in a research report on Monday, June 27th. StockNews.com downgraded Zebra Technologies from a "buy" rating to a "hold" rating in a report on Thursday, June 9th. Needham & Company LLC decreased 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. Finally, Robert W. Baird decreased their target price on Zebra Technologies from $550.00 to $440.00 in a report on Wednesday, May 4th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, Zebra Technologies currently has a consensus rating of "Moderate Buy" and an average target price of $453.33.

Insider Transactions at Zebra Technologies

In other news, insider Stephen Edgar Williams sold 2,331 shares of the 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 sale, the insider now directly 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 at this hyperlink. Insiders own 0.94% of the company's stock.