Recent Analysts’ Ratings Changes for Zebra Technologies (ZBRA)

A number of research firms have changed their ratings and price targets for Zebra Technologies (NASDAQ: ZBRA):

3/7/2019 – Zebra Technologies had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $225.00 price target on the stock, up previously from $215.00. 3/7/2019 – Zebra Technologies is now covered by analysts at Berenberg Bank. They set a “buy” rating and a $250.00 price target on the stock. 2/23/2019 – Zebra Technologies was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $230.00 price target on the stock. According to Zacks, “Zebra builds tracking technology and solutions that generate actionable information and insight, giving companies unprecedented visibility into their businesses by giving physical things a digital voice. Zebra’s extensive portfolio of solutions give real-time visibility into everything from products and physical assets to people, providing very precise operational data not only about where things are, but what condition they are in. This allows business leaders to use data to make better, more informed decisions, respond in real-time and ultimately, help businesses understand how they work, and how they could work better. “ 2/21/2019 – Zebra Technologies had its “outperform” rating reaffirmed by analysts at Imperial Capital. They now have a $225.00 price target on the stock, up previously from $195.00. 2/15/2019 – Zebra Technologies had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $215.00 price target on the stock, up previously from $192.00. They noted that the move was a valuation call. They noted that the move was a valuation call. 2/8/2019 – Zebra Technologies was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating. 2/7/2019 – Zebra Technologies was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating. 1/31/2019 – Zebra Technologies was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating. 1/28/2019 – Zebra Technologies was downgraded by analysts at Wellington Shields from a “buy” rating to a “gradually accumulate” rating. 1/17/2019 – Zebra Technologies was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating. 1/12/2019 – Zebra Technologies was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Zebra builds tracking technology and solutions that generate actionable information and insight, giving companies unprecedented visibility into their businesses by giving physical things a digital voice. Zebra’s extensive portfolio of solutions give real-time visibility into everything from products and physical assets to people, providing very precise operational data not only about where things are, but what condition they are in. This allows business leaders to use data to make better, more informed decisions, respond in real-time and ultimately, help businesses understand how they work, and how they could work better. “

ZBRA traded up $6.34 during trading on Monday, hitting $208.24. 13,015 shares of the stock traded hands, compared to its average volume of 495,742. Zebra Technologies has a twelve month low of $130.79 and a twelve month high of $207.88. The company has a market cap of $10.88 billion, a P/E ratio of 20.36 and a beta of 1.52. The company has a debt-to-equity ratio of 1.07, a current ratio of 0.89 and a quick ratio of 0.49.

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Zebra Technologies (NASDAQ:ZBRA) last announced its quarterly earnings data on Thursday, February 14th. The industrial products company reported $3.10 EPS for the quarter, beating the consensus estimate of $2.84 by $0.26. Zebra Technologies had a net margin of 9.98% and a return on equity of 48.26%. The business had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same period in the previous year, the business earned $2.33 earnings per share. The company’s revenue was up 10.8% on a year-over-year basis. On average, analysts expect that Zebra Technologies will post 11.73 earnings per share for the current fiscal year.

In other Zebra Technologies news, CEO Anders Gustafsson sold 13,073 shares of the business’s stock in a transaction that occurred on Wednesday, February 20th. The shares were sold at an average price of $200.71, for a total transaction of $2,623,881.83. Following the completion of the transaction, the chief executive officer now directly owns 372,903 shares in the company, valued at $74,845,361.13. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Olivier Leonetti sold 3,303 shares of the business’s stock in a transaction that occurred on Wednesday, February 20th. The shares were sold at an average price of $199.24, for a total transaction of $658,089.72. Following the transaction, the chief financial officer now owns 24,425 shares of the company’s stock, valued at $4,866,437. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 76,518 shares of company stock valued at $15,593,335. Company insiders own 2.30% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in ZBRA. Vanguard Group Inc increased its holdings in shares of Zebra Technologies by 5.1% during the third quarter. Vanguard Group Inc now owns 5,404,969 shares of the industrial products company’s stock worth $955,760,000 after buying an additional 263,478 shares in the last quarter. BlackRock Inc. increased its holdings in shares of Zebra Technologies by 1.3% during the fourth quarter. BlackRock Inc. now owns 4,851,336 shares of the industrial products company’s stock worth $772,479,000 after buying an additional 61,418 shares in the last quarter. FMR LLC increased its holdings in shares of Zebra Technologies by 246.0% during the fourth quarter. FMR LLC now owns 2,418,244 shares of the industrial products company’s stock worth $385,057,000 after buying an additional 1,719,358 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Zebra Technologies by 3.6% during the fourth quarter. Bank of New York Mellon Corp now owns 1,307,834 shares of the industrial products company’s stock worth $208,246,000 after buying an additional 45,303 shares in the last quarter. Finally, Pictet Asset Management Ltd. increased its holdings in shares of Zebra Technologies by 12.6% during the third quarter. Pictet Asset Management Ltd. now owns 818,181 shares of the industrial products company’s stock worth $144,679,000 after buying an additional 91,361 shares in the last quarter. Institutional investors and hedge funds own 87.89% of the company’s stock.

With the unparalleled operational visibility Zebra provides, enterprises become as smart and connected as the world we live in. Real-time information – gleaned from visionary solutions including hardware, software and services – gives organizations the competitive edge they need to simplify operations, know more about their businesses and customers, and empower their mobile workers to succeed in today's data-centric world.

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