Citigroup Has Lowered Expectations for Zebra Technologies (NASDAQ:ZBRA) Stock Price

Zebra Technologies (NASDAQ:ZBRA) had its price target decreased by equities research analysts at Citigroup from $346.00 to $311.00 in a report released on Wednesday,Benzinga reports. The brokerage presently has a “neutral” rating on the industrial products company’s stock. Citigroup’s target price suggests a potential upside of 18.99% from the stock’s current price.

A number of other research firms have also weighed in on ZBRA. Morgan Stanley increased their price objective on Zebra Technologies from $280.00 to $300.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 6th. Robert W. Baird increased their price objective on Zebra Technologies from $320.00 to $367.00 and gave the stock an “outperform” rating in a report on Monday, July 14th. Needham & Company LLC increased their target price on Zebra Technologies from $325.00 to $345.00 and gave the stock a “buy” rating in a research note on Wednesday, August 6th. Zacks Research cut shares of Zebra Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 13th. Finally, BNP Paribas Exane raised Zebra Technologies from a “neutral” rating to an “outperform” rating and set a $408.00 price objective on the stock in a research report on Thursday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $354.00.

Zebra Technologies Stock Down 3.5%

Shares of ZBRA opened at $261.37 on Wednesday. The firm has a market cap of $13.29 billion, a P/E ratio of 26.35 and a beta of 1.75. The stock has a 50 day simple moving average of $304.91 and a two-hundred day simple moving average of $298.83. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.61 and a quick ratio of 1.03. Zebra Technologies has a 1 year low of $205.73 and a 1 year high of $427.76.

Zebra Technologies (NASDAQ:ZBRA) last issued its earnings results on Tuesday, October 28th. The industrial products company reported $3.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.75 by $0.13. The business had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.32 billion. Zebra Technologies had a return on equity of 18.08% and a net margin of 9.74%.Zebra Technologies’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.49 earnings per share. Zebra Technologies has set its Q4 2025 guidance at 4.200-4.400 EPS. FY 2025 guidance at 15.800-15.800 EPS. On average, analysts forecast that Zebra Technologies will post 13.71 earnings per share for the current fiscal year.

Zebra Technologies announced that its board has authorized a share repurchase program on Tuesday, August 5th that authorizes the company to buyback $250.00 million in outstanding shares. This buyback authorization authorizes the industrial products company to buy up to 1.4% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Institutional Trading of Zebra Technologies

A number of institutional investors have recently modified their holdings of ZBRA. Strs Ohio raised its holdings in shares of Zebra Technologies by 793.3% in the third quarter. Strs Ohio now owns 38,215 shares of the industrial products company’s stock worth $11,356,000 after acquiring an additional 33,937 shares during the last quarter. Rakuten Investment Management Inc. acquired a new stake in shares of Zebra Technologies in the third quarter valued at about $174,000. Universal Beteiligungs und Servicegesellschaft mbH grew its stake in shares of Zebra Technologies by 10.2% in the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 36,842 shares of the industrial products company’s stock valued at $10,948,000 after buying an additional 3,418 shares in the last quarter. Inscription Capital LLC grew its stake in shares of Zebra Technologies by 15.5% in the third quarter. Inscription Capital LLC now owns 1,149 shares of the industrial products company’s stock valued at $341,000 after buying an additional 154 shares in the last quarter. Finally, Arkadios Wealth Advisors purchased a new position in Zebra Technologies in the third quarter valued at about $251,000. 91.03% of the stock is currently owned by hedge funds and other institutional investors.

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.