Zebra Technologies Corp. (NASDAQ:ZBRA) announced its earnings results on Tuesday. The company reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.41 by $0.02. The business earned $904 million during the quarter, compared to analysts’ expectations of $907.37 million. Zebra Technologies Corp. had a negative net margin of 3.16% and a positive return on equity of 29.18%. The firm’s revenue for the quarter was down 1.3% on a year-over-year basis. During the same quarter last year, the company posted $1.39 EPS. Zebra Technologies Corp. updated its Q4 guidance to $1.65-1.85 EPS.

Shares of Zebra Technologies Corp. (NASDAQ:ZBRA) opened at 75.46 on Wednesday. Zebra Technologies Corp. has a one year low of $46.13 and a one year high of $81.00. The company’s market cap is $3.98 billion. The firm’s 50-day moving average is $66.99 and its 200-day moving average is $60.58.

Earnings History for Zebra Technologies Corp. (NASDAQ:ZBRA)

ZBRA has been the subject of a number of recent analyst reports. Credit Agricole SA initiated coverage on shares of Zebra Technologies Corp. in a research report on Wednesday, August 3rd. They set a “buy” rating and a $74.00 target price for the company. Vetr cut shares of Zebra Technologies Corp. from a “sell” rating to a “strong sell” rating and set a $59.55 target price for the company. in a research report on Monday, August 22nd. Zacks Investment Research upgraded shares of Zebra Technologies Corp. from a “hold” rating to a “buy” rating and set a $75.00 target price for the company in a research report on Saturday, August 13th. Wellington Shields upgraded shares of Zebra Technologies Corp. from a “hold” rating to a “gradually accumulate” rating in a research report on Tuesday, August 9th. Finally, Barrington Research reiterated an “outperform” rating and set a $75.00 target price on shares of Zebra Technologies Corp. in a research report on Wednesday, August 10th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $72.94.

In other Zebra Technologies Corp. news, SVP Jim L. Kaput bought 3,457 shares of Zebra Technologies Corp. stock in a transaction dated Thursday, September 8th. The stock was bought at an average price of $68.22 per share, with a total value of $235,836.54. Following the completion of the transaction, the senior vice president now owns 25,103 shares in the company, valued at approximately $1,712,526.66. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Michael Cho sold 1,850 shares of the business’s stock in a transaction dated Tuesday, September 20th. The shares were sold at an average price of $68.56, for a total transaction of $126,836.00. Following the completion of the sale, the senior vice president now directly owns 11,004 shares of the company’s stock, valued at approximately $754,434.24. The disclosure for this sale can be found here. Company insiders own 2.50% of the company’s stock.

Large investors have recently made changes to their positions in the stock. Leavell Investment Management Inc. boosted its stake in shares of Zebra Technologies Corp. by 72.0% in the second quarter. Leavell Investment Management Inc. now owns 7,740 shares of the company’s stock worth $388,000 after buying an additional 3,240 shares during the last quarter. Capstone Asset Management Co. boosted its stake in shares of Zebra Technologies Corp. by 6.9% in the second quarter. Capstone Asset Management Co. now owns 5,927 shares of the company’s stock worth $297,000 after buying an additional 380 shares during the last quarter. Factory Mutual Insurance Co. acquired a new stake in shares of Zebra Technologies Corp. during the second quarter worth about $7,966,000. GW&K Investment Management LLC boosted its stake in shares of Zebra Technologies Corp. by 17.6% in the second quarter. GW&K Investment Management LLC now owns 258,430 shares of the company’s stock worth $12,947,000 after buying an additional 38,693 shares during the last quarter. Finally, BNP Paribas Arbitrage SA boosted its stake in shares of Zebra Technologies Corp. by 3,157.1% in the second quarter. BNP Paribas Arbitrage SA now owns 20,715 shares of the company’s stock worth $1,038,000 after buying an additional 20,079 shares during the last quarter.

Zebra Technologies Corp. Company Profile

Zebra Technologies Corporation offers a range of solutions in the automatic information and data capture industry. The Company designs, manufactures and sells a range of products that capture and move data, including mobile computers; barcode scanners and imagers; radio frequency identification device (RFID) readers; specialty printers for barcode labelling and personal identification; real-time location systems (RTLS); related accessories and supplies, such as self-adhesive labels and other consumables, and software and services that are associated with these products.

5 Day Chart for NASDAQ:ZBRA

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