Zebra Technologies (NASDAQ:ZBRA) Raised to Hold at Zacks Research

Zebra Technologies (NASDAQ:ZBRAGet Free Report) was upgraded by investment analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Monday, MarketBeat reports.

Other analysts have also recently issued reports about the company. Barclays reduced their target price on Zebra Technologies from $375.00 to $360.00 and set an “overweight” rating on the stock in a report on Wednesday, October 29th. Citigroup lowered their target price on shares of Zebra Technologies from $346.00 to $311.00 and set a “neutral” rating for the company in a research note on Wednesday, October 29th. Truist Financial lowered their price objective on shares of Zebra Technologies from $331.00 to $291.00 and set a “hold” rating for the company in a research note on Thursday, December 18th. Weiss Ratings restated a “hold (c)” rating on shares of Zebra Technologies in a report on Wednesday, October 8th. Finally, KeyCorp reissued a “sector weight” rating on shares of Zebra Technologies in a research report on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $349.00.

Get Our Latest Research Report on Zebra Technologies

Zebra Technologies Stock Up 0.4%

NASDAQ:ZBRA opened at $246.74 on Monday. 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 current ratio of 1.61 and a quick ratio of 1.19. The company has a market cap of $12.50 billion, a PE ratio of 24.87 and a beta of 1.67. The firm’s 50 day simple moving average is $258.67 and its 200 day simple moving average is $293.91.

Zebra Technologies (NASDAQ:ZBRAGet Free Report) last released its quarterly earnings results on Tuesday, October 28th. The industrial products company reported $3.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.75 by $0.13. Zebra Technologies had a net margin of 9.74% and a return on equity of 18.08%. The firm had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter last year, the firm earned $3.49 earnings per share. The company’s revenue for the quarter was up 5.2% on a year-over-year basis. Zebra Technologies has set its Q4 2025 guidance at 4.200-4.400 EPS and its FY 2025 guidance at 15.800-15.800 EPS. On average, research analysts anticipate that Zebra Technologies will post 13.71 earnings per share for the current year.

Insider Activity at Zebra Technologies

In other news, Director Satish Dhanasekaran acquired 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 18th. The stock was bought at an average price of $233.12 per share, with a total value of $233,120.00. Following the acquisition, the director owned 3,356 shares in the company, valued at $782,350.72. The trade was a 42.44% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.84% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Zebra Technologies

Institutional investors have recently made changes to their positions in the stock. Nordea Investment Management AB raised its stake in shares of Zebra Technologies by 1,826.5% during the 3rd quarter. Nordea Investment Management AB now owns 997,495 shares of the industrial products company’s stock valued at $292,705,000 after purchasing an additional 945,718 shares during the period. Alliancebernstein L.P. lifted its holdings in shares of Zebra Technologies by 1,310.3% in the second quarter. Alliancebernstein L.P. now owns 779,680 shares of the industrial products company’s stock worth $240,422,000 after buying an additional 724,396 shares in the last quarter. Norges Bank bought a new position in shares of Zebra Technologies in the second quarter valued at approximately $166,750,000. Alyeska Investment Group L.P. purchased a new position in Zebra Technologies during the first quarter valued at approximately $99,995,000. Finally, Balyasny Asset Management L.P. grew its stake in Zebra Technologies by 469.4% during the second quarter. Balyasny Asset Management L.P. now owns 401,839 shares of the industrial products company’s stock valued at $123,911,000 after acquiring an additional 331,263 shares in the last quarter. Hedge funds and other institutional investors own 91.03% of the company’s stock.

About Zebra Technologies

(Get Free Report)

Zebra Technologies Corporation is a global technology company specializing in marking, tracking and computer printing solutions. The company produces a wide range of hardware and software products designed to enable real-time visibility of assets, inventory and personnel across diverse industries. Its offerings help businesses automate data capture and streamline operations in environments such as retail, healthcare, manufacturing, transportation and logistics.

The company’s product portfolio includes barcode and RFID printers, mobile computing devices, barcode scanners, RFID readers and related supplies such as labels and tags.

Read More

Analyst Recommendations for Zebra Technologies (NASDAQ:ZBRA)

Receive News & Ratings for Zebra Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zebra Technologies and related companies with MarketBeat.com's FREE daily email newsletter.