Zebra Technologies Co. (NASDAQ:ZBRA) Given Consensus Recommendation of “Moderate Buy” by Analysts

Zebra Technologies Co. (NASDAQ:ZBRA – Get Rating) has been assigned an average recommendation of “Hold” from the ten brokerages that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $381.29.

A number of research analysts have weighed in on the stock. Morgan Stanley lifted their price objective on shares of Zebra Technologies from $225.00 to $260.00 and gave the company an “equal weight” rating in a report on Tuesday, December 13th. Credit Suisse Group started coverage on shares of Zebra Technologies in a research note on Monday, December 12th. They set an “outperform” rating and a $319.00 target price for the company. Needham & Company LLC cut their target price on shares of Zebra Technologies from $450.00 to $330.00 and set a “buy” rating for the company in a research note on Wednesday, November 2nd. StockNews.com assumed coverage on shares of Zebra Technologies in a research note on Wednesday, October 12th. They set a “hold” rating for the company. Finally, Robert W. Baird boosted their price target on shares of Zebra Technologies from $300.00 to $315.00 in a research report on Tuesday, December 20th.

Institutional Investors Weigh In On Zebra Technologies

Large investors have recently added to or reduced their stakes in the business. Janiczek Wealth Management LLC purchased a new stake in Zebra Technologies during the 2nd quarter worth approximately $25,000. Wagner Wealth Management LLC purchased a new stake in shares of Zebra Technologies in the 2nd quarter valued at approximately $25,000. Mach 1 Financial Group LLC purchased a new stake in shares of Zebra Technologies in the 3rd quarter valued at approximately $25,000. Zions Bancorporation N.A. increased its position in shares of Zebra Technologies by 1,100.0% in the 1st quarter. Zions Bancorporation N.A. now owns 60 shares of the industrial products company’s stock valued at $25,000 after purchasing an additional 55 shares during the last quarter. Finally, Parkside Financial Bank & Trust increased its position in shares of Zebra Technologies by 196.9% in the 2nd quarter. Parkside Financial Bank & Trust now owns 95 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 63 shares during the last quarter. 85.16% of the stock is owned by hedge funds and other institutional investors.

Zebra Technologies Price Performance

Shares of ZBRA opened at $293.70 on Friday. The company has a market cap of $15.16 billion, a price-to-earnings ratio of 23.48 and a beta of 1.60. Zebra Technologies has a twelve month low of $224.87 and a twelve month high of $533.22. The company has a quick ratio of 0.51, a current ratio of 0.90 and a debt-to-equity ratio of 0.76. The company has a 50 day moving average of $259.95 and a two-hundred day moving average of $283.70.

Zebra Technologies (NASDAQ:ZBRA – Get Rating) last issued its earnings results on Tuesday, November 1st. The industrial products company reported $3.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.20 by ($0.55). Zebra Technologies had a return on equity of 30.41% and a net margin of 8.15%. The business had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $1.48 billion. As a group, analysts predict that Zebra Technologies will post 15.8 earnings per share for the current fiscal year.

Zebra Technologies Company Profile

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Zebra Technologies Corp. engages in the design, manufacture, and sale of automatic identification and data capture products. The firm products include mobile computers, barcode scanners, radio frequency identification devices (RFID) readers, specialty printers for barcode labeling and personal identification, real-time location systems, accessories and supplies, such as self-adhesive labels and other consumables, and software utilities and applications.