Zebra Technologies (NASDAQ:ZBRA) Expected to Announce Earnings of $3.65 Per Share
Analysts predict that Zebra Technologies (NASDAQ:ZBRA) will post $3.65 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Five analysts have provided estimates for Zebra Technologies’ earnings. The lowest EPS estimate is $3.54 and the highest is $3.73. Zebra Technologies reported earnings per share of $3.10 in the same quarter last year, which suggests a positive year-over-year growth rate of 17.7%. The business is expected to report its next quarterly earnings results on Thursday, February 13th.
According to Zacks, analysts expect that Zebra Technologies will report full-year earnings of $13.02 per share for the current financial year, with EPS estimates ranging from $12.91 to $13.10. For the next fiscal year, analysts anticipate that the company will post earnings of $14.10 per share, with EPS estimates ranging from $13.66 to $14.53. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research firms that follow Zebra Technologies.
Zebra Technologies (NASDAQ:ZBRA) last released its quarterly earnings data on Tuesday, October 29th. The industrial products company reported $3.43 EPS for the quarter, topping analysts’ consensus estimates of $3.28 by $0.15. The business had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.14 billion. Zebra Technologies had a return on equity of 42.17% and a net margin of 11.06%. The business’s revenue for the quarter was up 3.5% on a year-over-year basis. During the same period in the prior year, the firm posted $2.88 EPS.
Shares of ZBRA stock traded up $3.02 on Tuesday, reaching $256.81. 295,433 shares of the stock were exchanged, compared to its average volume of 522,037. The stock has a market cap of $13.85 billion, a P/E ratio of 25.10 and a beta of 1.66. The company has a quick ratio of 0.58, a current ratio of 0.94 and a debt-to-equity ratio of 0.84. The firm has a 50 day moving average of $240.02 and a two-hundred day moving average of $208.63. Zebra Technologies has a 1-year low of $140.95 and a 1-year high of $257.60.
In related news, CAO Colleen M. O’sullivan sold 1,549 shares of the stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $196.00, for a total value of $303,604.00. Following the completion of the sale, the chief accounting officer now directly owns 4,664 shares in the company, valued at approximately $914,144. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Anders Gustafsson sold 30,000 shares of the stock in a transaction on Friday, November 1st. The shares were sold at an average price of $238.23, for a total value of $7,146,900.00. Following the completion of the sale, the chief executive officer now owns 283,533 shares of the company’s stock, valued at $67,546,066.59. The disclosure for this sale can be found here. Over the last quarter, insiders sold 63,734 shares of company stock valued at $15,449,018. 1.77% of the stock is owned by insiders.
Large investors have recently bought and sold shares of the business. Global Retirement Partners LLC boosted its position in Zebra Technologies by 65.2% in the 3rd quarter. Global Retirement Partners LLC now owns 152 shares of the industrial products company’s stock valued at $31,000 after buying an additional 60 shares during the last quarter. Shamrock Asset Management LLC purchased a new position in Zebra Technologies in the 2nd quarter valued at about $35,000. Squar Milner Financial Services LLC boosted its position in Zebra Technologies by 479.3% in the 3rd quarter. Squar Milner Financial Services LLC now owns 168 shares of the industrial products company’s stock valued at $34,000 after buying an additional 139 shares during the last quarter. North Star Investment Management Corp. purchased a new position in Zebra Technologies in the 3rd quarter valued at about $41,000. Finally, Resources Management Corp CT ADV purchased a new position in Zebra Technologies in the 3rd quarter valued at about $46,000. 87.35% of the stock is owned by institutional investors.
Zebra Technologies Company Profile
Zebra (NASDAQ: ZBRA) empowers the front line of business in retail/ecommerce, manufacturing, transportation and logistics, healthcare and other industries to achieve a performance edge. With more than 10,000 partners across 100 countries, they deliver industry-tailored, end-to-end solutions that intelligently connect people, assets and data to help our customers make business-critical decisions. Their market-leading solutions elevate the shopping experience, track and manage inventory as well as improve supply chain efficiency and patient care.
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