Zebra Technologies Corporation (NASDAQ:ZBRA) – Investment analysts at Barrington Research lifted their FY2017 earnings estimates for Zebra Technologies Corporation in a research report issued to clients and investors on Tuesday. Barrington Research analyst M. Gall now expects that the industrial products company will post earnings per share of $6.37 for the year, up from their prior estimate of $6.18. Barrington Research currently has a “Outperform” rating and a $125.00 price target on the stock. Barrington Research also issued estimates for Zebra Technologies Corporation’s Q4 2017 earnings at $1.97 EPS and FY2018 earnings at $7.25 EPS.

Zebra Technologies Corporation (NASDAQ:ZBRA) last announced its earnings results on Tuesday, November 7th. The industrial products company reported $1.87 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $914.98 million. During the same period last year, the business posted $1.43 EPS. Zebra Technologies Corporation’s revenue for the quarter was up 3.4% on a year-over-year basis.

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Several other equities analysts have also recently issued reports on ZBRA. BidaskClub cut Zebra Technologies Corporation from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Needham & Company LLC reiterated a “buy” rating and issued a $118.00 price objective (up previously from $107.00) on shares of Zebra Technologies Corporation in a research note on Thursday, August 10th. Zacks Investment Research upgraded Zebra Technologies Corporation from a “hold” rating to a “buy” rating and set a $123.00 price objective for the company in a research note on Thursday, October 12th. Northcoast Research upgraded Zebra Technologies Corporation from a “neutral” rating to a “buy” rating in a research note on Tuesday, October 31st. Finally, J P Morgan Chase & Co lifted their price objective on Zebra Technologies Corporation to $132.00 and gave the company an “overweight” rating in a research note on Tuesday, November 7th. Six analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $111.75.

Zebra Technologies Corporation (NASDAQ:ZBRA) opened at $108.76 on Friday. The company has a debt-to-equity ratio of 3.01, a current ratio of 1.22 and a quick ratio of 0.74. The stock has a market capitalization of $5,740.00, a PE ratio of 16.88, a PEG ratio of 2.21 and a beta of 1.62. Zebra Technologies Corporation has a 52 week low of $72.73 and a 52 week high of $117.44.

Several hedge funds and other institutional investors have recently modified their holdings of ZBRA. Janus Henderson Group PLC acquired a new stake in shares of Zebra Technologies Corporation during the 2nd quarter worth about $157,116,000. Bank of New York Mellon Corp raised its position in shares of Zebra Technologies Corporation by 118.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,485,758 shares of the industrial products company’s stock worth $149,349,000 after acquiring an additional 806,297 shares in the last quarter. BlackRock Inc. raised its position in shares of Zebra Technologies Corporation by 16.8% during the 2nd quarter. BlackRock Inc. now owns 4,838,648 shares of the industrial products company’s stock worth $486,381,000 after acquiring an additional 695,821 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Zebra Technologies Corporation by 10.4% during the 2nd quarter. Vanguard Group Inc. now owns 4,545,495 shares of the industrial products company’s stock worth $456,913,000 after acquiring an additional 428,836 shares in the last quarter. Finally, Wells Fargo & Company MN raised its position in shares of Zebra Technologies Corporation by 107.7% during the 3rd quarter. Wells Fargo & Company MN now owns 792,708 shares of the industrial products company’s stock worth $86,073,000 after acquiring an additional 411,035 shares in the last quarter. 90.93% of the stock is currently owned by institutional investors and hedge funds.

In other Zebra Technologies Corporation news, Director Frank Blaise Modruson bought 1,540 shares of the business’s stock in a transaction dated Thursday, November 9th. The shares were acquired at an average price of $103.88 per share, with a total value of $159,975.20. Following the transaction, the director now owns 12,556 shares of the company’s stock, valued at $1,304,317.28. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. 2.50% of the stock is currently owned by company insiders.

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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