Zebra Technologies Co. (NASDAQ:ZBRA) Expected to Post Earnings of $3.83 Per Share

Wall Street brokerages forecast that Zebra Technologies Co. (NASDAQ:ZBRA – Get Rating) will announce earnings per share of $3.83 for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for Zebra Technologies’ earnings. The highest EPS estimate is $3.91 and the lowest is $3.79. Zebra Technologies reported earnings per share of $4.79 during the same quarter last year, which indicates a negative year over year growth rate of 20%. The company is scheduled to report its next earnings report before the market opens on Monday, January 1st.

On average, analysts expect that Zebra Technologies will report full-year earnings of $19.77 per share for the current year, with EPS estimates ranging from $19.55 to $20.24. For the next financial year, analysts expect that the firm will report earnings of $22.12 per share, with EPS estimates ranging from $21.45 to $23.05. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research analysts that follow Zebra Technologies.

Zebra Technologies (NASDAQ:ZBRA – Get Rating) last released its quarterly earnings data on Thursday, February 10th. The industrial products company reported $4.21 earnings per share for the quarter, beating the consensus estimate of $3.93 by $0.28. Zebra Technologies had a return on equity of 34.15% and a net margin of 14.88%. The firm had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.46 billion. During the same period in the previous year, the company posted $4.15 earnings per share. The firm’s quarterly revenue was up 12.2% on a year-over-year basis.

A number of research analysts recently issued reports on ZBRA shares. Needham & Company LLC restated a “buy” rating and set a $535.00 target price on shares of Zebra Technologies in a research report on Wednesday, March 16th. JPMorgan Chase & Co. upgraded shares of Zebra Technologies from a “neutral” rating to an “overweight” rating and dropped their target price for the company from $530.00 to $500.00 in a research report on Monday, April 4th. Morgan Stanley dropped their price target on Zebra Technologies from $470.00 to $400.00 and set an “underweight” rating for the company in a research report on Tuesday. Zacks Investment Research raised shares of Zebra Technologies from a “hold” rating to a “buy” rating and set a $464.00 target price on the stock in a research note on Monday, February 14th. Finally, StockNews.com started coverage on shares of Zebra Technologies in a report on Thursday, March 31st. They issued a “hold” rating on the stock. One investment analyst has rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $539.14.

Institutional investors have recently added to or reduced their stakes in the company. Andrew Hill Investment Advisors Inc. bought a new stake in Zebra Technologies in the fourth quarter worth approximately $25,000. KRS Capital Management LLC bought a new stake in shares of Zebra Technologies during the fourth quarter worth $29,000. McDonald Partners LLC acquired a new position in Zebra Technologies in the fourth quarter valued at about $32,000. Wolff Wiese Magana LLC increased its holdings in shares of Zebra Technologies by 132.3% in the third quarter. Wolff Wiese Magana LLC now owns 72 shares of the industrial products company’s stock worth $37,000 after acquiring an additional 41 shares in the last quarter. Finally, Parkside Financial Bank & Trust lifted its holdings in shares of Zebra Technologies by 58.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 68 shares of the industrial products company’s stock valued at $40,000 after purchasing an additional 25 shares in the last quarter. 84.54% of the stock is currently owned by institutional investors and hedge funds.

Shares of ZBRA stock opened at $402.21 on Friday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.67 and a current ratio of 0.94. The stock’s 50-day simple moving average is $424.58 and its 200-day simple moving average is $509.40. Zebra Technologies has a fifty-two week low of $375.63 and a fifty-two week high of $615.00. The firm has a market capitalization of $21.35 billion, a price-to-earnings ratio of 25.90 and a beta of 1.62.

About Zebra Technologies (Get Rating)

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, which produce labels, wristbands, tickets, receipts, and plastic cards; dye-sublimination thermal card printers, which produce images which are used for personal identification, access control, and financial transactions; RFID printers that encode data into passive RFID transponders; accessories and options for our printers, including 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.

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