Zebra Technologies Corporation (NASDAQ:ZBRA) – Investment analysts at Northcoast Research raised their FY2017 earnings per share estimates for Zebra Technologies Corporation in a report issued on Wednesday. Northcoast Research analyst K. Housum now anticipates that the industrial products company will post earnings of $6.41 per share for the year, up from their prior estimate of $6.31. Northcoast Research currently has a “Buy” rating on the stock. Northcoast Research also issued estimates for Zebra Technologies Corporation’s Q4 2017 earnings at $2.01 EPS and FY2018 earnings at $7.52 EPS.

ZBRA has been the subject of several other research reports. Zacks Investment Research lowered Zebra Technologies Corporation from a “buy” rating to a “hold” rating in a report on Thursday, July 20th. BidaskClub lowered Zebra Technologies Corporation from a “buy” rating to a “hold” rating in a report on Monday, July 24th. Needham & Company LLC restated a “buy” rating and issued a $118.00 price objective (up previously from $107.00) on shares of Zebra Technologies Corporation in a report on Thursday, August 10th. Barrington Research reaffirmed an “outperform” rating and set a $125.00 target price (up from $110.00) on shares of Zebra Technologies Corporation in a report on Tuesday, August 15th. Finally, J P Morgan Chase & Co upped their target price on Zebra Technologies Corporation to $132.00 and gave the company an “overweight” rating in a report on Tuesday, November 7th. Five equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Zebra Technologies Corporation currently has an average rating of “Buy” and a consensus target price of $111.75.

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Zebra Technologies Corporation (NASDAQ ZBRA) opened at $104.94 on Monday. The company has a market capitalization of $5,554.00, a price-to-earnings ratio of 16.79, a P/E/G ratio of 2.21 and a beta of 1.62. The company has a debt-to-equity ratio of 3.01, a quick ratio of 0.74 and a current ratio of 1.22. Zebra Technologies Corporation has a 52 week low of $65.69 and a 52 week high of $117.44.

Zebra Technologies Corporation (NASDAQ:ZBRA) last announced its earnings results on Tuesday, November 7th. The industrial products company reported $1.87 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.73 by $0.14. Zebra Technologies Corporation had a return on equity of 41.17% and a net margin of 0.82%. The company had revenue of $935.00 million for the quarter, compared to analyst estimates of $914.98 million. During the same period in the prior year, the company posted $1.43 EPS. Zebra Technologies Corporation’s quarterly revenue was up 3.4% on a year-over-year basis.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Advisor Group Inc. increased its holdings in shares of Zebra Technologies Corporation by 0.8% during the 2nd quarter. Advisor Group Inc. now owns 1,606 shares of the industrial products company’s stock valued at $161,000 after acquiring an additional 13 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Zebra Technologies Corporation by 3.9% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,885 shares of the industrial products company’s stock valued at $189,000 after acquiring an additional 71 shares during the last quarter. Teacher Retirement System of Texas increased its holdings in shares of Zebra Technologies Corporation by 2.2% during the 2nd quarter. Teacher Retirement System of Texas now owns 4,276 shares of the industrial products company’s stock valued at $430,000 after acquiring an additional 92 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in Zebra Technologies Corporation by 3.0% during the 2nd quarter. PNC Financial Services Group Inc. now owns 6,235 shares of the industrial products company’s stock valued at $626,000 after purchasing an additional 179 shares during the period. Finally, World Asset Management Inc boosted its stake in Zebra Technologies Corporation by 5.1% during the 2nd quarter. World Asset Management Inc now owns 3,821 shares of the industrial products company’s stock valued at $384,000 after purchasing an additional 187 shares during the period. 90.93% of the stock is currently owned by institutional investors and hedge funds.

In other news, Director Frank Blaise Modruson bought 1,540 shares of the company’s stock in a transaction on Thursday, November 9th. The shares were bought at an average cost of $103.88 per share, with a total value of $159,975.20. Following the transaction, the director now directly owns 12,556 shares in the company, valued at approximately $1,304,317.28. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 2.50% of the company’s stock.

Zebra Technologies Corporation Company Profile

Zebra Technologies Corporation designs, manufactures and sells a range of automatic identification and data capture (AIDC) products. The Company’s AIDC products include mobile computers, barcode scanners, radio frequency identification (RFID) readers, wireless local area network (WLAN) products, specialty printers for barcode labeling and personal identification, real-time location systems (RTLS), related accessories and supplies, such as self-adhesive labels and other consumables, and utilities and application software.

Earnings History and Estimates for Zebra Technologies Corporation (NASDAQ:ZBRA)

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