Zebra Technologies (NASDAQ:ZBRA) Upgraded at Zacks Research

Zacks Research upgraded shares of Zebra Technologies (NASDAQ:ZBRA) from a strong sell rating to a hold rating in a research report sent to investors on Monday, Marketbeat reports.

A number of other equities analysts also recently commented on the company. Citigroup cut their price objective on Zebra Technologies from $346.00 to $311.00 and set a “neutral” rating on the stock in a report on Wednesday, October 29th. KeyCorp reissued a “sector weight” rating on shares of Zebra Technologies in a research report on Thursday, October 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Zebra Technologies in a research report on Wednesday, October 8th. Barclays decreased 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 note on Wednesday, October 29th. Finally, Truist Financial cut their target price on shares of Zebra Technologies from $331.00 to $291.00 and set a “hold” rating on the stock in a research note on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $349.00.

Zebra Technologies Stock Down 1.6%

ZBRA stock opened at $242.82 on Monday. The company has a 50 day moving average price of $257.48 and a two-hundred day moving average price of $293.56. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.19 and a current ratio of 1.61. The stock has a market capitalization of $12.30 billion, a P/E ratio of 24.48 and a beta of 1.67. Zebra Technologies has a one year low of $205.73 and a one year high of $427.76.

Zebra Technologies (NASDAQ:ZBRA) last released 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 for the quarter, compared to analysts’ expectations of $1.32 billion. Zebra Technologies had a net margin of 9.74% and a return on equity of 18.08%. The company’s quarterly revenue was up 5.2% on a year-over-year basis. During the same period last year, the company earned $3.49 earnings per share. Zebra Technologies has set its Q4 2025 guidance at 4.200-4.400 EPS and its FY 2025 guidance at 15.800-15.800 EPS. As a group, sell-side analysts expect that Zebra Technologies will post 13.71 EPS for the current year.

Insider Transactions at Zebra Technologies

In other news, Director Satish Dhanasekaran bought 1,000 shares of the firm’s stock in a transaction on Tuesday, November 18th. The stock was purchased at an average price of $233.12 per share, for a total transaction of $233,120.00. Following the transaction, the director owned 3,356 shares in the company, valued at approximately $782,350.72. This trade represents a 42.44% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 0.84% of the stock is owned by insiders.

Institutional Investors Weigh In On Zebra Technologies

Hedge funds have recently made changes to their positions in the company. Hudson Bay Capital Management LP bought a new position in Zebra Technologies during the third quarter valued at approximately $1,834,000. Allworth Financial LP raised its holdings in shares of Zebra Technologies by 78.2% during the 3rd quarter. Allworth Financial LP now owns 483 shares of the industrial products company’s stock valued at $144,000 after purchasing an additional 212 shares in the last quarter. Swiss Life Asset Management Ltd lifted its position in shares of Zebra Technologies by 424.0% in the third quarter. Swiss Life Asset Management Ltd now owns 22,490 shares of the industrial products company’s stock worth $6,683,000 after buying an additional 18,198 shares during the last quarter. Groupama Asset Managment boosted its position in Zebra Technologies by 439.8% during the third quarter. Groupama Asset Managment now owns 3,773 shares of the industrial products company’s stock worth $1,121,000 after purchasing an additional 3,074 shares during the period. Finally, CIBC Bancorp USA Inc. acquired a new position in Zebra Technologies in the 3rd quarter valued at $2,084,000. Hedge funds and other institutional investors own 91.03% of the company’s stock.

About Zebra Technologies

Zebra Technologies Corporation is a global technology company specializing in marking, tracking and computer printing solutions. The company produces a wide range of hardware and software products designed to enable real-time visibility of assets, inventory and personnel across diverse industries. Its offerings help businesses automate data capture and streamline operations in environments such as retail, healthcare, manufacturing, transportation and logistics.

The company’s product portfolio includes barcode and RFID printers, mobile computing devices, barcode scanners, RFID readers and related supplies such as labels and tags.