Zebra Technologies (ZBRA) to Release Earnings on Tuesday

Zebra Technologies (NASDAQ:ZBRA) will be posting its quarterly earnings results before the market opens on Tuesday, April 30th. Analysts expect Zebra Technologies to post earnings of $2.14 per share for the quarter. Zebra Technologies has set its Q1 guidance at $2.30-2.60 EPS.Individual interested in listening to the company’s earnings conference call can do so using this link.

Zebra Technologies (NASDAQ:ZBRA) last released its quarterly earnings results on Thursday, February 15th. The industrial products company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.62 by $0.09. The company had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $1 billion. Zebra Technologies had a net margin of 6.46% and a return on equity of 15.30%. The business’s quarterly revenue was down 32.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $4.43 earnings per share. On average, analysts expect Zebra Technologies to post $10 EPS for the current fiscal year and $12 EPS for the next fiscal year.

Zebra Technologies Stock Up 1.3 %

Zebra Technologies stock opened at $271.63 on Tuesday. The stock has a market capitalization of $13.96 billion, a PE ratio of 47.57 and a beta of 1.79. Zebra Technologies has a twelve month low of $194.59 and a twelve month high of $320.55. The company has a quick ratio of 0.54, a current ratio of 1.05 and a debt-to-equity ratio of 0.67. The company has a 50 day moving average of $284.67 and a 200-day moving average of $253.51.

Insiders Place Their Bets

In other Zebra Technologies news, CAO Colleen M. O’sullivan sold 135 shares of the stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $279.36, for a total transaction of $37,713.60. Following the sale, the chief accounting officer now directly owns 5,543 shares in the company, valued at $1,548,492.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.04% of the company’s stock.

Analysts Set New Price Targets

ZBRA has been the subject of several recent research reports. Barclays started coverage on shares of Zebra Technologies in a report on Tuesday, April 2nd. They set an “equal weight” rating and a $292.00 target price for the company. StockNews.com lowered shares of Zebra Technologies from a “hold” rating to a “sell” rating in a research report on Friday, February 16th. Truist Financial began coverage on shares of Zebra Technologies in a research report on Thursday, March 14th. They issued a “hold” rating and a $300.00 price objective on the stock. Finally, Wolfe Research raised shares of Zebra Technologies from a “peer perform” rating to an “outperform” rating and set a $337.00 price objective on the stock in a research report on Monday, April 8th. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Zebra Technologies has a consensus rating of “Hold” and an average price target of $278.64.

About Zebra Technologies

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