Zebra Technologies (NASDAQ:ZBRA) Price Target Raised to $380.00

Zebra Technologies (NASDAQ:ZBRA) had its target price upped by Morgan Stanley from $360.00 to $380.00 in a report issued on Wednesday, Benzinga reports. The firm presently has an “equal weight” rating on the industrial products company’s stock. Morgan Stanley‘s price objective indicates a potential upside of 15.33% from the company’s current price.

ZBRA has been the topic of a number of other research reports. Wolfe Research reissued an “outperform” rating and issued a $317.00 target price on shares of Zebra Technologies in a research report on Thursday, July 9th. Wall Street Zen raised Zebra Technologies from a “buy” rating to a “strong-buy” rating in a research report on Monday. TD Cowen raised their price target on shares of Zebra Technologies from $400.00 to $450.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Barclays raised their price target on shares of Zebra Technologies from $410.00 to $416.00 and gave the stock an “overweight” rating in a research note on Monday, October 12th. Finally, Zacks Research downgraded shares of Zebra Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Nine research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $387.50.

Zebra Technologies Stock Performance

ZBRA opened at $329.50 on Wednesday. The business’s 50-day moving average price is $366.71 and its two-hundred day moving average price is $281.25. Zebra Technologies has a 1 year low of $199.05 and a 1 year high of $392.78. The company has a market capitalization of $15.69 billion, a price-to-earnings ratio of 30.15 and a beta of 1.61. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.52 and a quick ratio of 0.33.

Zebra Technologies (NASDAQ:ZBRA) last issued its quarterly earnings results on Tuesday, November 3rd. The industrial products company reported $4.95 EPS for the quarter, beating analysts’ consensus estimates of $4.89 by $0.06. The company had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.57 billion. Zebra Technologies had a return on equity of 22.29% and a net margin of 9.22%. The company’s quarterly revenue was up 22.3% compared to the same quarter last year. During the same period in the previous year, the company posted $3.88 earnings per share. Equities analysts expect that Zebra Technologies will post 18.07 EPS for the current fiscal year.

Insider Transactions at Zebra Technologies

In related news, Director Linda Connly sold 500 shares of Zebra Technologies stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $377.68, for a total value of $188,840.00. Following the sale, the director owned 3,708 shares of the company’s stock, valued at approximately $1,400,437.44. The trade was a 11.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Michael Cho sold 3,500 shares of the company’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $375.20, for a total value of $1,313,200.00. Following the sale, the insider owned 5,170 shares in the company, valued at $1,939,784. The trade was a 40.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.91% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Provenance Wealth Advisors LLC lifted its stake in Zebra Technologies by 7,450.0% in the third quarter. Provenance Wealth Advisors LLC now owns 151 shares of the industrial products company’s stock valued at $56,000 after acquiring an additional 149 shares during the last quarter. Parkside Financial Bank & Trust increased its stake in shares of Zebra Technologies by 33.7% during the 2nd quarter. Parkside Financial Bank & Trust now owns 222 shares of the industrial products company’s stock worth $58,000 after purchasing an additional 56 shares during the last quarter. Heritage Family Offices LLP acquired a new position in shares of Zebra Technologies during the 3rd quarter worth about $71,000. Community Financial Services Group LLC increased its stake in shares of Zebra Technologies by 57.0% during the 3rd quarter. Community Financial Services Group LLC now owns 223 shares of the industrial products company’s stock worth $84,000 after purchasing an additional 81 shares during the last quarter. Finally, Reyes Financial Architecture Inc. bought a new stake in shares of Zebra Technologies in the 3rd quarter valued at about $93,000. 91.03% of the stock is currently owned by institutional investors.

Key Zebra Technologies News

Here are the key news stories impacting Zebra Technologies this week:

• Positive Sentiment: Revenue rose 22.3% year over year to $1.614 billion, beating estimates of $1.57 billion. Adjusted earnings of $4.95 per share also topped the $4.89 consensus. Zebra cited broad-based sales growth, including demand for Connected Frontline solutions and automation, and raised its full-year growth outlook. Zebra Technologies Q3 results
• Negative Sentiment: Despite the record quarter and improved outlook, investors reacted to the risk that higher memory costs will weigh on profit margins in 2027. That concern overshadowed the earnings and sales beats and contributed to the stock’s decline. Record quarter and margin warning Higher memory-cost outlook

About Zebra Technologies

Zebra Technologies Corp. (NASDAQ: ZBRA) develops technologies that help businesses identify, track and manage assets, inventory and operational processes. Its solutions are used by organizations in retail, manufacturing, transportation and logistics, healthcare, government and other industries to improve visibility and productivity across their operations.

The company’s portfolio includes barcode and label printers, barcode scanners, mobile computers, radio-frequency identification (RFID) readers and tags, machine-vision systems, fixed industrial scanners and related software.