Equities analysts predict that Zebra Technologies Corporation (NASDAQ:ZBRA) will report earnings of $1.72 per share for the current quarter, according to Zacks. Six analysts have issued estimates for Zebra Technologies Corporation’s earnings, with the highest EPS estimate coming in at $1.75 and the lowest estimate coming in at $1.69. Zebra Technologies Corporation reported earnings per share of $1.43 during the same quarter last year, which would suggest a positive year-over-year growth rate of 20.3%. The company is scheduled to report its next earnings results before the market opens on Tuesday, November 7th.

According to Zacks, analysts expect that Zebra Technologies Corporation will report full year earnings of $6.67 per share for the current financial year, with EPS estimates ranging from $6.56 to $6.77. For the next year, analysts expect that the company will post earnings of $7.73 per share, with EPS estimates ranging from $7.46 to $8.04. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that that provide coverage for Zebra Technologies Corporation.

Zebra Technologies Corporation (NASDAQ:ZBRA) last released its quarterly earnings results on Tuesday, August 8th. The industrial products company reported $1.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.34 by $0.17. Zebra Technologies Corporation had a negative net margin of 1.14% and a positive return on equity of 38.88%. The firm had revenue of $897.00 million for the quarter, compared to analysts’ expectations of $876.90 million. During the same quarter last year, the company earned $1.34 EPS. The firm’s revenue for the quarter was up 2.0% compared to the same quarter last year.

A number of research firms recently issued reports on ZBRA. Zacks Investment Research raised shares of Zebra Technologies Corporation from a “hold” rating to a “buy” rating and set a $130.00 price target on the stock in a research note on Thursday. Northcoast Research raised shares of Zebra Technologies Corporation from a “neutral” rating to a “buy” rating in a research note on Tuesday. Barrington Research reissued an “outperform” rating and issued a $125.00 price target (up previously from $110.00) on shares of Zebra Technologies Corporation in a research note on Tuesday, August 15th. Needham & Company LLC reissued a “buy” rating and issued a $118.00 price target (up previously from $107.00) on shares of Zebra Technologies Corporation in a research note on Thursday, August 10th. Finally, BidaskClub cut shares of Zebra Technologies Corporation from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Five research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $105.29.

Zebra Technologies Corporation (ZBRA) traded up $1.63 during trading on Friday, reaching $114.33. 378,414 shares of the company were exchanged, compared to its average volume of 245,193. Zebra Technologies Corporation has a 1 year low of $62.91 and a 1 year high of $117.44. The firm has a market cap of $6,070.00, a PE ratio of 19.36, a P/E/G ratio of 2.41 and a beta of 1.62. The company has a quick ratio of 0.73, a current ratio of 1.16 and a debt-to-equity ratio of 2.98.

In other Zebra Technologies Corporation news, SVP Hugh K. Gagnier sold 20,682 shares of Zebra Technologies Corporation stock in a transaction on Tuesday, August 15th. The shares were sold at an average price of $106.42, for a total transaction of $2,200,978.44. Following the sale, the senior vice president now owns 39,072 shares of the company’s stock, valued at approximately $4,158,042.24. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Anders Gustafsson sold 25,000 shares of Zebra Technologies Corporation stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $106.04, for a total transaction of $2,651,000.00. Following the sale, the chief executive officer now directly owns 295,116 shares in the company, valued at approximately $31,294,100.64. The disclosure for this sale can be found here. Insiders own 2.50% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Penserra Capital Management LLC purchased a new position in shares of Zebra Technologies Corporation during the 2nd quarter worth $100,000. Fieldpoint Private Securities LLC purchased a new position in shares of Zebra Technologies Corporation during the 2nd quarter worth $136,000. Advisor Group Inc. raised 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 worth $161,000 after acquiring an additional 13 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised 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 worth $189,000 after acquiring an additional 71 shares during the period. Finally, ARP Americas LLC purchased a new position in shares of Zebra Technologies Corporation during the 3rd quarter worth $202,000. Institutional investors and hedge funds own 90.17% of the company’s stock.

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About Zebra Technologies Corporation

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

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