Zebra Technologies Corp. (NASDAQ:ZBRA)‘s stock had its “buy” rating reaffirmed by JPMorgan Chase & Co. in a report released on Tuesday.

A number of other equities research analysts have also recently issued reports on ZBRA. Zacks Investment Research raised shares of Zebra Technologies Corp. from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 13th. Vetr raised shares of Zebra Technologies Corp. from a “sell” rating to a “hold” rating and set a $58.03 price target on the stock in a research note on Wednesday, August 3rd. Barrington Research reissued an “outperform” rating and issued a $75.00 price target on shares of Zebra Technologies Corp. in a research note on Wednesday, August 10th. Wellington Shields upgraded Zebra Technologies Corp. from a “hold” rating to a “gradually accumulate” rating in a report on Tuesday, August 9th. Finally, Goldman Sachs Group Inc. started coverage on Zebra Technologies Corp. in a report on Wednesday, June 8th. They issued a “neutral” rating and a $55.00 price objective on the stock. One analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the stock. Zebra Technologies Corp. presently has an average rating of “Buy” and an average target price of $75.06.

Zebra Technologies Corp. (NASDAQ:ZBRA) opened at 70.44 on Tuesday. The company’s market cap is $3.72 billion. The firm’s 50-day moving average is $66.85 and its 200-day moving average is $60.23. Zebra Technologies Corp. has a 52-week low of $46.13 and a 52-week high of $83.02.

Zebra Technologies Corp. (NASDAQ:ZBRA) last released its quarterly earnings results on Tuesday, August 9th. The company reported $1.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.06 by $0.28. Zebra Technologies Corp. had a negative net margin of 3.16% and a positive return on equity of 29.18%. The firm had revenue of $879 million for the quarter, compared to analysts’ expectations of $869.19 million. During the same quarter last year, the company earned $1.05 EPS. The firm’s revenue for the quarter was down 1.2% compared to the same quarter last year. On average, equities research analysts anticipate that Zebra Technologies Corp. will post $5.46 EPS for the current year.

In other news, SVP Jim L. Kaput sold 5,000 shares of Zebra Technologies Corp. stock in a transaction on Thursday, August 11th. The stock was sold at an average price of $64.83, for a total transaction of $324,150.00. Following the transaction, the senior vice president now owns 30,103 shares in the company, valued at approximately $1,951,577.49. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Jim L. Kaput purchased 3,457 shares of Zebra Technologies Corp. stock in a transaction dated Thursday, September 8th. The shares were bought at an average price of $68.22 per share, for a total transaction of $235,836.54. Following the acquisition, the senior vice president now owns 25,103 shares in the company, valued at $1,712,526.66. The disclosure for this purchase can be found here. Insiders own 2.50% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Nomura Holdings Inc. raised its stake in shares of Zebra Technologies Corp. by 2.0% in the second quarter. Nomura Holdings Inc. now owns 10,405 shares of the company’s stock valued at $523,000 after buying an additional 205 shares during the period. Mason Street Advisors LLC bought a new stake in shares of Zebra Technologies Corp. during the second quarter valued at about $1,194,000. Royal Bank of Canada raised its stake in shares of Zebra Technologies Corp. by 7.5% in the second quarter. Royal Bank of Canada now owns 844,350 shares of the company’s stock valued at $42,302,000 after buying an additional 58,931 shares during the period. CI Global Investments Inc. raised its stake in shares of Zebra Technologies Corp. by 207.1% in the second quarter. CI Global Investments Inc. now owns 1,438,000 shares of the company’s stock valued at $72,044,000 after buying an additional 969,700 shares during the period. Finally, Cove Street Capital LLC raised its stake in shares of Zebra Technologies Corp. by 159.4% in the second quarter. Cove Street Capital LLC now owns 474,325 shares of the company’s stock valued at $23,764,000 after buying an additional 291,465 shares during the period.

About Zebra Technologies Corp.

Zebra Technologies Corporation offers enterprise asset intelligence products and services. The Company’s products and services allow customers to manage their assets, transactions and people of their organization. It designs, manufactures and sells a range of products, including enterprise mobile computers; advanced data capture devices; wireless local area network (WLAN) products; real-time location systems; related supplies, and utilities, frameworks and application software.

5 Day Chart for NASDAQ:ZBRA

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