Wall Street Zen Upgrades Zebra Technologies (NASDAQ:ZBRA) to “Strong-Buy”

Zebra Technologies (NASDAQ:ZBRA – Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research report issued on Saturday, Wall Street Zen reports.

ZBRA has been the topic of a number of other reports. UBS Group reiterated a “buy” rating on shares of Zebra Technologies in a research report on Wednesday, August 5th. TD Cowen boosted their price objective on shares of Zebra Technologies from $400.00 to $450.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Zacks Research lowered shares of Zebra Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Weiss Ratings raised shares of Zebra Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, October 13th. Finally, KeyCorp upped their price objective on shares of Zebra Technologies from $305.00 to $430.00 and gave the company an “overweight” rating in a research note on Wednesday, August 5th. Nine equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $385.83.

View Our Latest Research Report on ZBRA

Zebra Technologies Price Performance

ZBRA opened at $369.01 on Friday. The business’s fifty day simple moving average is $365.54 and its 200 day simple moving average is $290.58. Zebra Technologies has a 52 week low of $199.05 and a 52 week high of $390.80. The company has a quick ratio of 0.33, a current ratio of 0.52 and a debt-to-equity ratio of 0.14. The stock has a market cap of $17.58 billion, a PE ratio of 33.76 and a beta of 1.58.

Zebra Technologies (NASDAQ:ZBRA – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $6.35 earnings per share for the quarter, beating analysts’ consensus estimates of $4.36 by $1.99. Zebra Technologies had a return on equity of 22.29% and a net margin of 9.22%. The business had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter last year, the business posted $3.61 earnings per share. The company’s revenue for the quarter was up 20.4% on a year-over-year basis. Zebra Technologies has set its Q3 2026 guidance at 4.700-4.900 EPS and its FY 2026 guidance at 20.750-21.250 EPS. As a group, research analysts expect that Zebra Technologies will post 18.07 earnings per share for the current fiscal year.

Insider Activity

In other Zebra Technologies news, insider Michael Cho sold 3,500 shares of Zebra Technologies stock in a transaction that occurred on 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 transaction, the insider directly owned 5,170 shares of the company’s stock, valued at $1,939,784. The trade was a 40.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Linda Connly sold 500 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $377.68, for a total value of $188,840.00. Following the completion of the sale, the director owned 3,708 shares of the company’s stock, valued at $1,400,437.44. The trade was a 11.88% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.91% of the company’s stock.

Institutional Trading of Zebra Technologies

A number of institutional investors have recently made changes to their positions in the stock. Parkside Financial Bank & Trust increased its stake in shares of Zebra Technologies by 33.7% in the second quarter. Parkside Financial Bank & Trust now owns 222 shares of the industrial products company’s stock worth $58,000 after buying an additional 56 shares during the period. Community Financial Services Group LLC boosted its position in 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 valued at $84,000 after buying an additional 81 shares during the period. Steph & Co. grew its holdings in Zebra Technologies by 123.8% in the 1st quarter. Steph & Co. now owns 423 shares of the industrial products company’s stock worth $88,000 after acquiring an additional 234 shares during the last quarter. Parallel Advisors LLC grew its holdings in Zebra Technologies by 16.4% in the 1st quarter. Parallel Advisors LLC now owns 531 shares of the industrial products company’s stock worth $111,000 after acquiring an additional 75 shares during the last quarter. Finally, Integrated Wealth Concepts LLC bought a new stake in Zebra Technologies in the 2nd quarter worth $115,000. Hedge funds and other institutional investors own 91.03% of the company’s stock.

About Zebra Technologies

(Get Free Report)

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.

See Also

Analyst Recommendations for Zebra Technologies (NASDAQ:ZBRA)

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