Zebra Technologies Corporation (NASDAQ:ZBRA) Earns Daily News Sentiment Rating of 0.22
Media stories about Zebra Technologies Corporation (NASDAQ:ZBRA) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Zebra Technologies Corporation earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned media stories about the industrial products company an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an effect on the stock’s share price in the near term.
These are some of the media stories that may have impacted Accern’s scoring:
- Zebra Technologies is Now Oversold (ZBRA) – Nasdaq (nasdaq.com)
- Robbins Arroyo LLP: Zebra Technologies Corporation (ZBRA) Misled Shareholders According to a Recently Filed … – Business Wire (press release) (businesswire.com)
- Brokerages Expect Zebra Technologies Corp. (ZBRA) Will Announce Quarterly Sales of $874.81 Million (americanbankingnews.com)
- The Klein Law Firm Notifies Investors of an Investigation Concerning Possible Violations of Federal Securities Laws by Zebra Technologies Corporation (finance.yahoo.com)
- IMPORTANT EQUITY ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Zebra Technologies Corporation and Encourages Investors with Losses to Contact the Firm (feeds.benzinga.com)
Several analysts have recently weighed in on the stock. BidaskClub lowered shares of Zebra Technologies Corporation from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Zacks Investment Research lowered shares of Zebra Technologies Corporation from a “buy” rating to a “hold” rating in a research report on Thursday, July 20th. ValuEngine upgraded shares of Zebra Technologies Corporation from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Morgan Stanley lowered shares of Zebra Technologies Corporation from an “overweight” rating to an “equal weight” rating and lifted their target price for the company from $95.00 to $100.00 in a research report on Wednesday, May 31st. They noted that the move was a valuation call. Finally, Needham & Company LLC reiterated a “buy” rating and set a $107.00 target price on shares of Zebra Technologies Corporation in a research report on Monday, May 22nd. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $94.82.
Shares of Zebra Technologies Corporation (NASDAQ ZBRA) traded up 0.24% during trading on Friday, reaching $96.20. 407,681 shares of the company traded hands. The stock’s market capitalization is $5.08 billion. Zebra Technologies Corporation has a 12 month low of $52.77 and a 12 month high of $109.30. The company has a 50-day moving average of $101.81 and a 200-day moving average of $94.57.
Zebra Technologies Corporation (NASDAQ:ZBRA) last announced its quarterly earnings data on Tuesday, May 9th. The industrial products company reported $1.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.30 by $0.07. The firm had revenue of $865 million for the quarter, compared to the consensus estimate of $847.76 million. Zebra Technologies Corporation had a negative net margin of 2.98% and a positive return on equity of 37.96%. The business’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same period in the prior year, the company posted $1.01 earnings per share. Analysts forecast that Zebra Technologies Corporation will post $6.45 earnings per share for the current fiscal year.
In other news, Director Richard L. Keyser sold 6,132 shares of the firm’s stock in a transaction that occurred on Thursday, May 25th. The shares were sold at an average price of $106.26, for a total value of $651,586.32. Following the sale, the director now directly owns 23,632 shares in the company, valued at approximately $2,511,136.32. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Michael Cho sold 1,572 shares of the firm’s stock in a transaction that occurred on Friday, June 2nd. The shares were sold at an average price of $107.76, for a total transaction of $169,398.72. Following the completion of the sale, the senior vice president now owns 10,426 shares in the company, valued at $1,123,505.76. The disclosure for this sale can be found here. Insiders have sold 27,602 shares of company stock worth $2,819,641 over the last quarter. Corporate insiders own 2.50% of the company’s stock.
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Zebra Technologies Corporation Company Profile
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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