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

Zebra Technologies (NASDAQ:ZBRA) had its target price lowered by equities researchers at Truist Financial from $350.00 to $331.00 in a report issued on Wednesday, Marketbeat.com reports. The brokerage currently has a “hold” rating on the industrial products company’s stock. Truist Financial’s price target suggests a potential upside of 26.64% from the stock’s current price.

A number of other equities research analysts also recently commented on ZBRA. Barclays reduced their price objective on shares of Zebra Technologies from $375.00 to $360.00 and set an “overweight” rating for the company in a research report on Wednesday. BNP Paribas upgraded shares of Zebra Technologies from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 10th. Needham & Company LLC raised their price objective on shares of Zebra Technologies from $325.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. BNP Paribas Exane upgraded shares of Zebra Technologies from a “neutral” rating to an “outperform” rating and set a $408.00 price objective for the company in a research report on Thursday, July 10th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Zebra Technologies in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, Zebra Technologies has a consensus rating of “Moderate Buy” and an average price target of $354.00.

Zebra Technologies Stock Performance

NASDAQ ZBRA opened at $261.37 on Wednesday. The company has a quick ratio of 1.03, a current ratio of 1.61 and a debt-to-equity ratio of 0.56. Zebra Technologies has a 52-week low of $205.73 and a 52-week high of $427.76. The business’s 50-day moving average price is $304.91 and its 200 day moving average price is $298.83. The firm has a market cap of $13.29 billion, a P/E ratio of 26.35 and a beta of 1.75.

Zebra Technologies (NASDAQ:ZBRA) last announced its quarterly earnings data on Tuesday, October 28th. The industrial products company reported $3.88 EPS for the quarter, beating analysts’ consensus estimates of $3.75 by $0.13. The firm had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.32 billion. Zebra Technologies had a net margin of 9.74% and a return on equity of 18.08%. The firm’s revenue was up 5.2% compared to the same quarter last year. During the same quarter last 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, equities research analysts expect that Zebra Technologies will post 13.71 earnings per share for the current year.

Zebra Technologies announced that its board has initiated a share buyback plan on Tuesday, August 5th that authorizes the company to buyback $250.00 million in shares. This buyback authorization authorizes the industrial products company to repurchase up to 1.4% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its shares are undervalued.

Institutional Investors Weigh In On Zebra Technologies

Hedge funds and other institutional investors have recently modified their holdings of the stock. Trust Co. of Toledo NA OH acquired a new stake in shares of Zebra Technologies during the 2nd quarter valued at approximately $25,000. Zions Bancorporation National Association UT purchased a new position in shares of Zebra Technologies during the 1st quarter worth approximately $27,000. Cary Street Partners Investment Advisory LLC purchased a new position in shares of Zebra Technologies during the 1st quarter worth approximately $29,000. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of Zebra Technologies during the 1st quarter worth approximately $30,000. Finally, Brooklyn Investment Group increased its stake in shares of Zebra Technologies by 101.9% during the 1st quarter. Brooklyn Investment Group now owns 107 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 54 shares in the last quarter. 91.03% of the stock is currently owned by institutional investors and hedge funds.

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.