Zebra Technologies Corp. (NASDAQ:ZBRA)‘s stock had its “buy” rating reiterated by JPMorgan Chase & Co. in a research note issued on Tuesday.

Several other analysts have also issued reports on the stock. Vetr lowered shares of Zebra Technologies Corp. from a “hold” rating to a “sell” rating and set a $59.55 target price for the company. in a research report on Tuesday, August 9th. Credit Agricole SA began coverage on shares of Zebra Technologies Corp. in a research report on Wednesday, August 3rd. They set a “buy” rating and a $74.00 target price for the company. Zacks Investment Research upgraded shares of Zebra Technologies Corp. from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 13th. Wellington Shields upgraded shares of Zebra Technologies Corp. from a “hold” rating to a “gradually accumulate” rating in a research report on Tuesday, August 9th. Finally, Imperial Capital restated an “outperform” rating and set a $65.00 target price (down from $110.00) on shares of Zebra Technologies Corp. in a research report on Tuesday, July 12th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $75.06.

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

Zebra Technologies Corp. (NASDAQ:ZBRA) last announced its quarterly earnings results on Tuesday, August 9th. The company reported $1.34 EPS for the quarter, topping 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 earned $879 million during the quarter, compared to analyst estimates of $869.19 million. During the same period in the previous year, the business posted $1.05 earnings per share. The business’s revenue for the quarter was down 1.2% on a year-over-year basis. On average, equities analysts predict that Zebra Technologies Corp. will post $5.46 EPS for the current fiscal year.

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

Several institutional investors have recently added to or reduced their stakes in ZBRA. Brookside Capital Management LLC increased its position in Zebra Technologies Corp. by 13.4% in the first quarter. Brookside Capital Management LLC now owns 1,758,765 shares of the company’s stock valued at $121,355,000 after buying an additional 207,896 shares during the period. Wellington Management Group LLP increased its stake in Zebra Technologies Corp. by 156.9% in the first quarter. Wellington Management Group LLP now owns 572,754 shares of the company’s stock worth $39,520,000 after buying an additional 349,844 shares during the last quarter. State Street Corp increased its stake in Zebra Technologies Corp. by 1.7% in the first quarter. State Street Corp now owns 1,383,141 shares of the company’s stock worth $95,444,000 after buying an additional 23,570 shares during the last quarter. Cortland Associates Inc. MO increased its stake in Zebra Technologies Corp. by 0.5% in the second quarter. Cortland Associates Inc. MO now owns 283,028 shares of the company’s stock worth $14,180,000 after buying an additional 1,509 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in Zebra Technologies Corp. by 4.0% in the first quarter. Geode Capital Management LLC now owns 327,156 shares of the company’s stock worth $22,573,000 after buying an additional 12,505 shares during the last quarter.

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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