Zebra Technologies (NASDAQ:ZBRA) Downgraded to Strong Sell Rating by Zacks Research

Zebra Technologies (NASDAQ:ZBRA) was downgraded by equities researchers at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Tuesday,Zacks.com reports.

Other equities research analysts have also issued reports about the company. Truist Financial dropped their price target on Zebra Technologies from $350.00 to $331.00 and set a “hold” rating for the company in a research report on Wednesday, October 29th. Morgan Stanley boosted their price objective on Zebra Technologies from $280.00 to $300.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 6th. Citigroup dropped their target price on Zebra Technologies from $346.00 to $311.00 and set a “neutral” rating for the company in a report on Wednesday, October 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Zebra Technologies in a report on Wednesday, October 8th. Finally, Robert W. Baird upped their price objective on shares of Zebra Technologies from $320.00 to $367.00 and gave the company an “outperform” rating in a report on Monday, July 14th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $354.00.

Zebra Technologies Stock Up 0.2%

NASDAQ ZBRA opened at $255.69 on Tuesday. Zebra Technologies has a one year low of $205.73 and a one year high of $427.76. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.03 and a current ratio of 1.61. The business has a fifty day moving average price of $294.96 and a 200 day moving average price of $301.23. The company has a market cap of $12.95 billion, a P/E ratio of 25.78 and a beta of 1.80.

Zebra Technologies (NASDAQ:ZBRA) last issued its earnings results on Tuesday, October 28th. The industrial products company reported $3.88 EPS for the quarter, beating analysts’ consensus estimates of $3.75 by $0.13. Zebra Technologies had a net margin of 9.74% and a return on equity of 18.08%. The business had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.32 billion. During the same period in the prior year, the business earned $3.49 earnings per share. The company’s quarterly revenue was up 5.2% compared to the same quarter last year. Zebra Technologies has set its Q4 2025 guidance at 4.200-4.400 EPS. FY 2025 guidance at 15.800-15.800 EPS. Research analysts anticipate that Zebra Technologies will post 13.71 EPS for the current fiscal year.

Zebra Technologies declared that its Board of Directors has approved a stock repurchase program on Tuesday, August 5th that authorizes the company to repurchase $250.00 million in outstanding shares. This repurchase authorization authorizes the industrial products company to repurchase up to 1.4% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board believes its stock is undervalued.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Trust Co. of Toledo NA OH acquired a new position in Zebra Technologies during the 2nd quarter worth about $25,000. Ameriflex Group Inc. acquired a new stake in Zebra Technologies in the 3rd quarter valued at about $26,000. Zions Bancorporation National Association UT acquired a new position in shares of Zebra Technologies during the first quarter worth about $27,000. Cary Street Partners Investment Advisory LLC purchased a new position in Zebra Technologies in the first quarter worth approximately $29,000. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of Zebra Technologies in the 1st quarter valued at approximately $30,000. 91.03% of the stock is currently owned by institutional investors and hedge funds.

About Zebra Technologies

Zebra Technologies Corporation, together with its subsidiaries, provides enterprise asset intelligence solutions in the automatic identification and data capture solutions industry worldwide. It operates in two segments, Asset Intelligence & Tracking, and Enterprise Visibility & Mobility. The company designs, manufactures, and sells printers that produce labels, wristbands, tickets, receipts, and plastic cards; dye-sublimination thermal card printers that produce images, which are used for personal identification, access control, and financial transactions; radio frequency identification device (RFID) printers that encode data into passive RFID transponders; accessories and options for printers, including carrying cases, vehicle mounts, and battery chargers; stock and customized thermal labels, receipts, ribbons, plastic cards, and RFID tags for printers; and temperature-monitoring labels primarily used in vaccine distribution.