Zebra Technologies (NASDAQ:ZBRA) Upgraded at Cfra

Zebra Technologies (NASDAQ:ZBRA) was upgraded by Cfra from a “hold” rating to a “buy” rating in a research report issued on Wednesday, Marketbeat reports.

Other equities research analysts also recently issued reports about the company. Citigroup restated a “buy” rating on shares of Zebra Technologies in a report on Monday, October 12th. UBS Group reiterated a “buy” rating on shares of Zebra Technologies in a report on Wednesday, August 5th. Weiss Ratings upgraded shares of Zebra Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, October 13th. Truist Financial lifted their price target on shares of Zebra Technologies from $355.00 to $378.00 and gave the company a “hold” rating in a research note on Monday, October 5th. Finally, TD Cowen lifted their price target on shares of Zebra Technologies from $400.00 to $450.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Ten investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, Zebra Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $387.50.

Zebra Technologies Price Performance

Shares of ZBRA stock opened at $329.50 on Wednesday. Zebra Technologies has a 12-month low of $199.05 and a 12-month high of $392.78. The firm has a market capitalization of $15.69 billion, a price-to-earnings ratio of 30.15 and a beta of 1.61. The company has a quick ratio of 0.33, a current ratio of 0.52 and a debt-to-equity ratio of 0.14. The firm has a fifty day moving average of $366.71 and a 200-day moving average of $281.25.

Zebra Technologies (NASDAQ:ZBRA) last released its quarterly earnings data on Tuesday, November 3rd. The industrial products company reported $4.95 EPS for the quarter, beating analysts’ consensus estimates of $4.89 by $0.06. The business had revenue of $1.61 billion during the quarter, compared to analysts’ expectations of $1.57 billion. Zebra Technologies had a net margin of 9.22% and a return on equity of 22.29%. The firm’s quarterly revenue was up 22.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.88 EPS. On average, equities research analysts forecast that Zebra Technologies will post 18.07 earnings per share for the current year.

Insider Transactions at Zebra Technologies

In related news, Director Linda Connly sold 500 shares of the stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $377.68, for a total transaction of $188,840.00. Following the completion of the transaction, the director directly owned 3,708 shares in the company, valued at approximately $1,400,437.44. This trade represents a 11.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Michael Cho sold 3,500 shares of Zebra Technologies stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $375.20, for a total value of $1,313,200.00. Following the completion of the sale, the insider directly owned 5,170 shares in the company, valued at approximately $1,939,784. This represents a 40.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.91% of the company’s stock.

Institutional Trading of Zebra Technologies

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Brighton Jones LLC acquired a new position in shares of Zebra Technologies during the 3rd quarter worth about $1,012,000. Ethic Inc. raised its holdings in shares of Zebra Technologies by 49.1% in the 3rd quarter. Ethic Inc. now owns 3,666 shares of the industrial products company’s stock valued at $1,368,000 after purchasing an additional 1,208 shares during the period. StoneX Group Inc. bought a new stake in shares of Zebra Technologies in the 3rd quarter valued at about $339,000. Parallel Advisors LLC lifted its stake in Zebra Technologies by 46.0% in the 3rd quarter. Parallel Advisors LLC now owns 289 shares of the industrial products company’s stock valued at $108,000 after purchasing an additional 91 shares during the last quarter. Finally, United Advisor Group LLC acquired a new stake in Zebra Technologies in the 3rd quarter valued at about $428,000. 91.03% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Zebra Technologies

Here are the key news stories impacting Zebra Technologies this week:

• Positive Sentiment: Revenue rose 22.3% year over year to $1.614 billion, beating estimates of $1.57 billion. Adjusted earnings of $4.95 per share also topped the $4.89 consensus. Zebra cited broad-based sales growth, including demand for Connected Frontline solutions and automation, and raised its full-year growth outlook. Zebra Technologies Q3 results
• Negative Sentiment: Despite the record quarter and improved outlook, investors reacted to the risk that higher memory costs will weigh on profit margins in 2027. That concern overshadowed the earnings and sales beats and contributed to the stock’s decline. Record quarter and margin warning Higher memory-cost outlook

Zebra Technologies Company Profile

Zebra Technologies Corp. (NASDAQ: ZBRA) develops technologies that help businesses identify, track and manage assets, inventory and operational processes. Its solutions are used by organizations in retail, manufacturing, transportation and logistics, healthcare, government and other industries to improve visibility and productivity across their operations.

The company’s portfolio includes barcode and label printers, barcode scanners, mobile computers, radio-frequency identification (RFID) readers and tags, machine-vision systems, fixed industrial scanners and related software.