Zebra Technologies (NASDAQ:ZBRA - Get Free Report) is set to release its earnings data before the market opens on Tuesday, October 29th. Analysts expect Zebra Technologies to post earnings of $2.92 per share for the quarter. Individual that wish to listen to the company's earnings conference call can do so using this link.
Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last released its earnings results on Tuesday, July 30th. The industrial products company reported $3.18 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.48 by $0.70. The firm had revenue of $1.22 billion for the quarter, compared to analysts' expectations of $1.18 billion. Zebra Technologies had a return on equity of 11.77% and a net margin of 5.28%. The business's revenue for the quarter was up .2% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.24 earnings per share. On average, analysts expect Zebra Technologies to post $11 EPS for the current fiscal year and $14 EPS for the next fiscal year.
Zebra Technologies Price Performance
Shares of Zebra Technologies stock traded down $0.59 during midday trading on Tuesday, hitting $372.00. 187,989 shares of the company traded hands, compared to its average volume of 349,936. The firm's fifty day moving average price is $353.73 and its 200-day moving average price is $326.18. Zebra Technologies has a 12 month low of $194.59 and a 12 month high of $380.05. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.84 and a current ratio of 1.28. The stock has a market cap of $19.19 billion, a price-to-earnings ratio of 84.11 and a beta of 1.66.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on the company. Truist Financial increased their price target on Zebra Technologies from $345.00 to $379.00 and gave the company a "hold" rating in a research note on Wednesday, October 9th. Needham & Company LLC upped their price objective on shares of Zebra Technologies from $370.00 to $394.00 and gave the company a "buy" rating in a research note on Wednesday, July 31st. Robert W. Baird lifted their target price on shares of Zebra Technologies from $355.00 to $375.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 31st. Vertical Research started coverage on Zebra Technologies in a research report on Tuesday, July 23rd. They set a "buy" rating and a $375.00 target price on the stock. Finally, Barclays lifted their target price on Zebra Technologies from $314.00 to $347.00 and gave the stock an "equal weight" rating in a report on Wednesday, July 31st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $352.73.
Get Our Latest Analysis on ZBRA
Insider Buying and Selling at Zebra Technologies
In related news, insider Jeffrey F. Schmitz sold 1,000 shares of the firm's stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $341.69, for a total value of $341,690.00. Following the transaction, the insider now owns 9,694 shares of the company's stock, valued at approximately $3,312,342.86. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.06% of the company's stock.
About Zebra Technologies
(
Get Free Report)
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 that produce labels, wristbands, tickets, receipts, and plastic cards; dye-sublimination thermal card printers that produce images, which are used for personal identification, access control, and financial transactions; radio frequency identification device (RFID) printers that encode data into passive RFID transponders; accessories and options for printers, including carrying cases, 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.
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