Zebra Technologies (ZBRA) Earning Somewhat Favorable News Coverage, Study Shows
Media headlines about Zebra Technologies (NASDAQ:ZBRA) have been trending somewhat positive on Tuesday, Accern Sentiment reports. The research group scores the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Zebra Technologies earned a news sentiment score of 0.19 on Accern’s scale. Accern also assigned news coverage about the industrial products company an impact score of 46.6099865053767 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- Analysts Anticipate Zebra Technologies Corp. (ZBRA) Will Announce Quarterly Sales of $981.93 Million (americanbankingnews.com)
- Zebra Technologies Corp. (ZBRA) Receives Average Recommendation of “Buy” from Brokerages (americanbankingnews.com)
- Zebra Technologies-IHL Group Study Reveals Retail Industry Sales to Grow Three Percent Annually Through 2021 (finance.yahoo.com)
- Stock Traders Purchase High Volume of Call Options on Zebra Technologies (ZBRA) (americanbankingnews.com)
- Zacks Investment Research Upgrades Zebra Technologies (ZBRA) to “Buy” (americanbankingnews.com)
Shares of Zebra Technologies (NASDAQ:ZBRA) traded up $0.23 during trading hours on Tuesday, hitting $123.38. 398,194 shares of the stock were exchanged, compared to its average volume of 358,970. The stock has a market capitalization of $6,560.00, a price-to-earnings ratio of 216.46, a PEG ratio of 2.21 and a beta of 1.59. Zebra Technologies has a fifty-two week low of $81.02 and a fifty-two week high of $124.62. The company has a current ratio of 1.22, a quick ratio of 0.74 and a debt-to-equity ratio of 3.01.
A number of analysts recently weighed in on the stock. BidaskClub raised shares of Zebra Technologies from a “hold” rating to a “buy” rating in a research report on Saturday. Zacks Investment Research raised shares of Zebra Technologies from a “hold” rating to a “buy” rating and set a $128.00 price objective on the stock in a research report on Saturday. ValuEngine lowered shares of Zebra Technologies from a “buy” rating to a “hold” rating in a research report on Wednesday, January 10th. Northcoast Research raised shares of Zebra Technologies from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 31st. Finally, Imperial Capital raised shares of Zebra Technologies from an “in-line” rating to an “outperform” rating and increased their price objective for the stock from $95.00 to $120.00 in a research report on Wednesday, November 29th. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $114.63.
In other news, SVP Michael Cho sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $110.15, for a total transaction of $110,150.00. Following the transaction, the senior vice president now directly owns 10,426 shares of the company’s stock, valued at $1,148,423.90. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Frank Blaise Modruson bought 1,540 shares of Zebra Technologies stock in a transaction dated Thursday, November 9th. The shares were bought at an average cost of $103.88 per share, for a total transaction of $159,975.20. Following the completion of the transaction, the director now owns 12,556 shares of the company’s stock, valued at approximately $1,304,317.28. The disclosure for this purchase can be found here. Company insiders own 2.40% of the company’s stock.
Zebra Technologies 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.
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