Zebra Technologies (NASDAQ:ZBRA) has been given an average rating of “Hold” by the eleven ratings firms that are presently covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating on the company. The average twelve-month target price among brokers that have covered the stock in the last year is $248.14.

Several analysts have weighed in on the stock. BidaskClub downgraded shares of Zebra Technologies from a “buy” rating to a “hold” rating in a research report on Friday, January 10th. JPMorgan Chase & Co. downgraded shares of Zebra Technologies from an “overweight” rating to a “neutral” rating and set a $250.00 target price on the stock. in a research report on Tuesday, November 5th. Zacks Investment Research raised shares of Zebra Technologies from a “sell” rating to a “hold” rating in a research report on Saturday, October 19th. Needham & Company LLC lifted their price objective on shares of Zebra Technologies from $240.00 to $255.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Finally, ValuEngine cut shares of Zebra Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, January 4th.

In other Zebra Technologies news, Director Andrew K. Ludwick sold 500 shares of Zebra Technologies stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $237.01, for a total transaction of $118,505.00. Following the completion of the sale, the director now directly owns 2,005 shares in the company, valued at approximately $475,205.05. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Bill Burns sold 7,228 shares of Zebra Technologies stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $238.00, for a total transaction of $1,720,264.00. Following the sale, the senior vice president now owns 18,968 shares of the company’s stock, valued at $4,514,384. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 62,960 shares of company stock valued at $15,344,318. Company insiders own 1.77% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the stock. FTB Advisors Inc. lifted its stake in shares of Zebra Technologies by 232.3% in the 4th quarter. FTB Advisors Inc. now owns 103 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 72 shares during the period. Global Retirement Partners LLC lifted its stake in shares of Zebra Technologies by 65.2% in the 3rd quarter. Global Retirement Partners LLC now owns 152 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 60 shares during the period. Squar Milner Financial Services LLC lifted its stake in shares of Zebra Technologies by 479.3% in the 3rd quarter. Squar Milner Financial Services LLC now owns 168 shares of the industrial products company’s stock valued at $34,000 after purchasing an additional 139 shares during the period. North Star Investment Management Corp. acquired a new position in shares of Zebra Technologies in the 3rd quarter valued at $41,000. Finally, Resources Management Corp CT ADV acquired a new position in shares of Zebra Technologies in the 3rd quarter valued at $46,000. Hedge funds and other institutional investors own 87.32% of the company’s stock.

NASDAQ:ZBRA traded down $0.27 during trading hours on Friday, hitting $247.80. 296,643 shares of the company were exchanged, compared to its average volume of 455,791. The stock has a market capitalization of $13.38 billion, a price-to-earnings ratio of 24.22 and a beta of 1.65. Zebra Technologies has a 52-week low of $166.15 and a 52-week high of $260.40. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.94 and a quick ratio of 0.58. The company’s 50 day moving average price is $253.63 and its 200-day moving average price is $220.52.

Zebra Technologies (NASDAQ:ZBRA) last released its earnings results on Tuesday, October 29th. The industrial products company reported $3.43 earnings per share for the quarter, topping the consensus estimate of $3.28 by $0.15. The company had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.14 billion. Zebra Technologies had a net margin of 11.06% and a return on equity of 42.17%. Zebra Technologies’s revenue was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.88 EPS. On average, equities analysts predict that Zebra Technologies will post 12.16 earnings per share for the current year.

About Zebra Technologies

Zebra (NASDAQ: ZBRA) empowers the front line of business in retail/ecommerce, manufacturing, transportation and logistics, healthcare and other industries to achieve a performance edge. With more than 10,000 partners across 100 countries, they deliver industry-tailored, end-to-end solutions that intelligently connect people, assets and data to help our customers make business-critical decisions. Their market-leading solutions elevate the shopping experience, track and manage inventory as well as improve supply chain efficiency and patient care.

Further Reading: What Does a Sell-Side Analyst Rating Mean?

Analyst Recommendations for Zebra Technologies (NASDAQ:ZBRA)

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