Zebra Technologies (ZBRA) Scheduled to Post Earnings on Tuesday

Zebra Technologies (NASDAQ:ZBRAGet Rating) is set to post its quarterly earnings results before the market opens on Tuesday, May 3rd. Analysts expect Zebra Technologies to post earnings of $3.48 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Zebra Technologies (NASDAQ:ZBRAGet Rating) last issued its earnings results on Thursday, February 10th. The industrial products company reported $4.21 earnings per share for the quarter, topping the consensus estimate of $3.93 by $0.28. The business had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.46 billion. Zebra Technologies had a return on equity of 34.15% and a net margin of 14.88%. The business’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period last year, the company posted $4.15 EPS. On average, analysts expect Zebra Technologies to post $18 EPS for the current fiscal year and $21 EPS for the next fiscal year.

Shares of ZBRA opened at $388.94 on Tuesday. The stock’s fifty day simple moving average is $410.01 and its 200 day simple moving average is $501.68. The company has a current ratio of 0.94, a quick ratio of 0.67 and a debt-to-equity ratio of 0.31. Zebra Technologies has a twelve month low of $374.11 and a twelve month high of $615.00. The firm has a market capitalization of $20.64 billion, a P/E ratio of 25.04 and a beta of 1.62.

Several research analysts have commented on the company. StockNews.com raised Zebra Technologies from a “hold” rating to a “buy” rating in a research report on Wednesday, April 13th. JPMorgan Chase & Co. raised Zebra Technologies from a “neutral” rating to an “overweight” rating and cut their price objective for the company from $530.00 to $500.00 in a research report on Monday, April 4th. Morgan Stanley cut their price objective on Zebra Technologies from $470.00 to $400.00 and set an “underweight” rating on the stock in a research report on Tuesday, April 12th. Needham & Company LLC reissued a “buy” rating and issued a $535.00 price objective on shares of Zebra Technologies in a research report on Wednesday, March 16th. Finally, Zacks Investment Research raised Zebra Technologies from a “hold” rating to a “buy” rating and set a $464.00 price objective on the stock in a research report on Monday, February 14th. One investment analyst has rated the stock with a sell rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, Zebra Technologies has an average rating of “Buy” and an average price target of $539.14.

Several institutional investors have recently made changes to their positions in ZBRA. Center for Financial Planning Inc. acquired a new stake in shares of Zebra Technologies during the third quarter valued at about $58,000. Penserra Capital Management LLC grew its stake in Zebra Technologies by 23.4% in the fourth quarter. Penserra Capital Management LLC now owns 237 shares of the industrial products company’s stock worth $141,000 after purchasing an additional 45 shares in the last quarter. Forum Financial Management LP acquired a new position in Zebra Technologies in the fourth quarter worth about $210,000. Harbour Investments Inc. grew its stake in Zebra Technologies by 158.3% in the fourth quarter. Harbour Investments Inc. now owns 372 shares of the industrial products company’s stock worth $221,000 after purchasing an additional 228 shares in the last quarter. Finally, Toroso Investments LLC grew its stake in Zebra Technologies by 12.7% in the fourth quarter. Toroso Investments LLC now owns 913 shares of the industrial products company’s stock worth $543,000 after purchasing an additional 103 shares in the last quarter. Institutional investors own 84.54% of the company’s stock.

Zebra Technologies Company Profile (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.

See Also

Earnings History for Zebra Technologies (NASDAQ:ZBRA)

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