Zebra Technologies (NASDAQ:ZBRA – Get Free Report) had its price objective dropped by Citigroup from $400.00 to $398.00 in a report issued on Wednesday, Benzinga reports. The brokerage presently has a “neutral” rating on the industrial products company’s stock. Citigroup‘s price target suggests a potential upside of 19.72% from the company’s current price.
Several other brokerages have also commented on ZBRA. Morgan Stanley raised their price objective on shares of Zebra Technologies from $360.00 to $380.00 and gave the stock an “equal weight” rating in a report on Wednesday. Barclays upped their price target on shares of Zebra Technologies from $416.00 to $432.00 and gave the stock an “overweight” rating in a research report on Wednesday. Truist Financial increased their price objective on shares of Zebra Technologies from $355.00 to $378.00 and gave the company a “hold” rating in a research report on Monday, October 5th. Cfra raised Zebra Technologies from a “hold” rating to a “buy” rating in a research report on Wednesday. Finally, Weiss Ratings upgraded shares of Zebra Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, October 13th. Ten research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $388.67.
View Our Latest Stock Report on Zebra Technologies
Zebra Technologies Stock Performance
Shares of ZBRA stock traded up $2.94 during trading on Wednesday, reaching $332.44. 722,114 shares of the company’s stock traded hands, compared to its average volume of 787,524. Zebra Technologies has a 1 year low of $199.05 and a 1 year high of $392.78. The company has a market capitalization of $15.83 billion, a P/E ratio of 30.42 and a beta of 1.61. The company has a current ratio of 0.52, a quick ratio of 0.33 and a debt-to-equity ratio of 0.14. The firm’s 50-day moving average is $366.71 and its 200 day moving average is $281.25.
Zebra Technologies (NASDAQ:ZBRA – Get Free Report) last posted its earnings results on Tuesday, November 3rd. The industrial products company reported $4.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.89 by $0.06. The business had revenue of $1.61 billion for 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 business’s revenue for the quarter was up 22.3% compared to the same quarter last year. During the same period in the prior year, the company posted $3.88 EPS. Equities research analysts expect that Zebra Technologies will post 18.07 EPS for the current year.
Insider Transactions at Zebra Technologies
In other Zebra Technologies news, Director Linda Connly sold 500 shares of Zebra Technologies stock in a transaction on Monday, August 10th. The stock was sold at an average price of $377.68, for a total value of $188,840.00. Following the sale, the director owned 3,708 shares in the company, valued at $1,400,437.44. The trade was a 11.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Michael Cho sold 3,500 shares of the firm’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $375.20, for a total transaction of $1,313,200.00. Following the transaction, the insider directly owned 5,170 shares in the company, valued at $1,939,784. The trade was a 40.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.91% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the stock. Oregon Public Employees Retirement Fund grew its position in shares of Zebra Technologies by 0.5% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 5,863 shares of the industrial products company’s stock worth $2,189,000 after buying an additional 27 shares during the period. Fulton Bank N.A. increased its holdings in Zebra Technologies by 2.3% in the second quarter. Fulton Bank N.A. now owns 1,720 shares of the industrial products company’s stock valued at $453,000 after purchasing an additional 38 shares during the last quarter. Wealth Alliance LLC increased its holdings in Zebra Technologies by 5.2% in the first quarter. Wealth Alliance LLC now owns 1,029 shares of the industrial products company’s stock valued at $215,000 after purchasing an additional 51 shares during the last quarter. Parkside Financial Bank & Trust lifted its stake in Zebra Technologies by 33.7% in the second quarter. Parkside Financial Bank & Trust now owns 222 shares of the industrial products company’s stock valued at $58,000 after buying an additional 56 shares during the period. Finally, AlphaCore Capital LLC lifted its stake in Zebra Technologies by 4.2% in the third quarter. AlphaCore Capital LLC now owns 1,418 shares of the industrial products company’s stock valued at $529,000 after buying an additional 57 shares during the period. 91.03% of the stock is owned by hedge funds and other institutional investors.
Zebra Technologies News Roundup
Here are the key news stories impacting Zebra Technologies this week:
- Positive Sentiment: Zebra beat Q3 expectations, with sales up 22.3% year over year to $1.61 billion and adjusted EPS of $4.95. Strong demand for mobile computing and automation helped the company raise its 2026 outlook. ZBRA Q3 Earnings Call Highlights Strong Demand and Raised Outlook
- Positive Sentiment: Analyst actions were generally supportive: CFRA upgraded the stock to Buy, while Barclays raised its target to $432 and Morgan Stanley lifted its target to $380. BNP Paribas Exane trimmed its target slightly to $455 but maintained Outperform. Barclays stock recommendations
- Positive Sentiment: A JD Sports case study highlighted Zebra’s retail technology, reporting 98% on-shelf availability using its mobile computing and RFID solutions. JD Sports Achieves 98% On-Shelf Availability with Zebra Mobile Computing and RFID Solutions
- Negative Sentiment: The main concern is the Q4 earnings outlook, which disappointed investors despite the Q3 beat. Higher memory costs are also expected to pressure margins, with attention on the potential impact to profitability in 2027. Zebra Technologies shares fall nearly 9% as Q4 earnings outlook disappoints despite strong Q3 results
About Zebra Technologies
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.
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