Equities analysts forecast that Zebra Technologies Corporation (NASDAQ:ZBRA) will post earnings of $1.35 per share for the current quarter, according to Zacks Investment Research. Seven analysts have issued estimates for Zebra Technologies Corporation’s earnings. The highest EPS estimate is $1.37 and the lowest is $1.34. Zebra Technologies Corporation reported earnings of $1.29 per share during the same quarter last year, which would suggest a positive year over year growth rate of 4.7%. The firm is expected to issue its next earnings report on Tuesday, August 8th.

On average, analysts expect that Zebra Technologies Corporation will report full-year earnings of $6.03 per share for the current financial year, with EPS estimates ranging from $5.87 to $6.12. For the next fiscal year, analysts forecast that the business will report earnings of $6.83 per share, with EPS estimates ranging from $6.70 to $7.05. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for Zebra Technologies Corporation.

Zebra Technologies Corporation (NASDAQ:ZBRA) last released its earnings results on Tuesday, May 9th. The industrial products company reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.07. Zebra Technologies Corporation had a positive return on equity of 37.96% and a negative net margin of 2.98%. The firm had revenue of $865 million for the quarter, compared to analysts’ expectations of $847.76 million. During the same period in the prior year, the firm posted $1.01 earnings per share. The company’s quarterly revenue was up 1.9% on a year-over-year basis.

A number of research analysts have recently issued reports on ZBRA shares. Needham & Company LLC started coverage on Zebra Technologies Corporation in a report on Tuesday, March 28th. They issued a “buy” rating and a $102.00 price target on the stock. Zacks Investment Research upgraded Zebra Technologies Corporation from a “hold” rating to a “buy” rating and set a $104.00 price target on the stock in a report on Wednesday, April 26th. Wells Fargo & Company downgraded Zebra Technologies Corporation from an “outperform” rating to a “market perform” rating in a report on Wednesday, May 10th. Barrington Research lifted their price target on Zebra Technologies Corporation from $105.00 to $110.00 and gave the company an “outperform” rating in a report on Thursday, May 11th. Finally, ValuEngine downgraded Zebra Technologies Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, May 23rd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $92.51.

Zebra Technologies Corporation (NASDAQ:ZBRA) traded up 1.92% during midday trading on Tuesday, hitting $102.10. The stock had a trading volume of 250,054 shares. The stock’s market cap is $5.39 billion. Zebra Technologies Corporation has a 52-week low of $49.13 and a 52-week high of $109.30. The company’s 50 day moving average price is $103.76 and its 200-day moving average price is $92.11.

In related news, SVP Michael H. Terzich sold 8,721 shares of the business’s stock in a transaction on Thursday, May 11th. The stock was sold at an average price of $99.15, for a total transaction of $864,687.15. Following the transaction, the senior vice president now directly owns 30,511 shares in the company, valued at approximately $3,025,165.65. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Richard L. Keyser sold 6,132 shares of the business’s stock in a transaction on Thursday, May 25th. The stock was sold at an average price of $106.26, for a total value of $651,586.32. Following the transaction, the director now owns 23,632 shares in the company, valued at $2,511,136.32. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 27,602 shares of company stock worth $2,819,641. 2.50% of the stock is owned by company insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the company. BlackRock Inc. increased its position in shares of Zebra Technologies Corporation by 15,105.8% in the first quarter. BlackRock Inc. now owns 4,142,827 shares of the industrial products company’s stock valued at $378,032,000 after buying an additional 4,115,582 shares during the period. Vanguard Group Inc. increased its position in shares of Zebra Technologies Corporation by 5.4% in the first quarter. Vanguard Group Inc. now owns 4,116,659 shares of the industrial products company’s stock valued at $375,645,000 after buying an additional 210,112 shares during the period. State Street Corp increased its position in shares of Zebra Technologies Corporation by 2.1% in the first quarter. State Street Corp now owns 1,350,444 shares of the industrial products company’s stock valued at $123,234,000 after buying an additional 27,838 shares during the period. Bank of New York Mellon Corp increased its position in shares of Zebra Technologies Corporation by 4.6% in the first quarter. Bank of New York Mellon Corp now owns 679,461 shares of the industrial products company’s stock valued at $62,001,000 after buying an additional 30,106 shares during the period. Finally, Macquarie Group Ltd. increased its position in shares of Zebra Technologies Corporation by 2.6% in the first quarter. Macquarie Group Ltd. now owns 610,812 shares of the industrial products company’s stock valued at $55,737,000 after buying an additional 15,573 shares during the period. Hedge funds and other institutional investors own 94.72% of the company’s stock.

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About Zebra Technologies Corporation

Zebra Technologies Corporation designs, manufactures and sells a range of automatic identification and data capture (AIDC) products. The Company’s AIDC products include mobile computers, barcode scanners, radio frequency identification (RFID) readers, wireless local area network (WLAN) products, specialty printers for barcode labeling and personal identification, real-time location systems (RTLS), related accessories and supplies, such as self-adhesive labels and other consumables, and utilities and application software.

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Earnings History and Estimates for Zebra Technologies Corporation (NASDAQ:ZBRA)

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