Wall Street analysts predict that Zebra Technologies (NASDAQ:ZBRA) will post earnings of $2.98 per share for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for Zebra Technologies’ earnings. The highest EPS estimate is $3.16 and the lowest is $2.76. Zebra Technologies reported earnings of $2.92 per share in the same quarter last year, which would indicate a positive year over year growth rate of 2.1%. The firm is scheduled to report its next quarterly earnings results on Tuesday, May 5th.

On average, analysts expect that Zebra Technologies will report full-year earnings of $14.10 per share for the current fiscal year, with EPS estimates ranging from $13.66 to $14.53. For the next financial year, analysts forecast that the company will post earnings of $15.42 per share, with EPS estimates ranging from $14.45 to $16.00. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research analysts that cover Zebra Technologies.

Zebra Technologies (NASDAQ:ZBRA) last issued its quarterly earnings data on Thursday, February 13th. The industrial products company reported $3.56 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $3.65 by ($0.09). The firm had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.20 billion. Zebra Technologies had a net margin of 11.06% and a return on equity of 42.17%. The firm’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.10 EPS.

ZBRA has been the subject of several research analyst reports. ValuEngine cut shares of Zebra Technologies from a “hold” rating to a “sell” rating in a report on Saturday, January 4th. Morgan Stanley cut shares of Zebra Technologies from an “equal weight” rating to an “underweight” rating and set a $217.00 price target for the company. in a report on Wednesday, January 8th. Zacks Investment Research upgraded shares of Zebra Technologies from a “sell” rating to a “hold” rating in a report on Saturday, October 19th. Needham & Company LLC upped their price target on shares of Zebra Technologies from $255.00 to $275.00 and gave the company a “buy” rating in a report on Tuesday, January 21st. Finally, Robert W. Baird upped their price target on shares of Zebra Technologies from $235.00 to $270.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company. Zebra Technologies currently has a consensus rating of “Hold” and a consensus price target of $249.63.

In related news, SVP Stephen Edgar Williams sold 775 shares of the stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $256.65, for a total transaction of $198,903.75. Following the completion of the transaction, the senior vice president now owns 5,005 shares in the company, valued at $1,284,533.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Andrew K. Ludwick sold 500 shares of the stock in a transaction on Monday, November 18th. The stock was sold at an average price of $237.01, for a total transaction of $118,505.00. Following the transaction, the director now owns 2,005 shares of the company’s stock, valued at approximately $475,205.05. The disclosure for this sale can be found here. Insiders sold 18,247 shares of company stock valued at $4,667,332 in the last quarter. Corporate insiders own 1.77% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Parkside Financial Bank & Trust boosted its holdings in Zebra Technologies by 92.0% during the fourth quarter. Parkside Financial Bank & Trust now owns 96 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 46 shares during the last quarter. FTB Advisors Inc. boosted its holdings in Zebra Technologies by 232.3% during the fourth quarter. FTB Advisors Inc. now owns 103 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 72 shares during the last quarter. Oakworth Capital Inc. boosted its holdings in Zebra Technologies by 98.2% during the fourth quarter. Oakworth Capital Inc. now owns 113 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 56 shares during the last quarter. Quantbot Technologies LP acquired a new position in Zebra Technologies during the fourth quarter worth $28,000. Finally, Global Retirement Partners LLC boosted its holdings in Zebra Technologies by 65.2% during the third quarter. Global Retirement Partners LLC now owns 152 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 60 shares during the last quarter. Institutional investors and hedge funds own 86.73% of the company’s stock.

Shares of NASDAQ ZBRA opened at $233.32 on Friday. The stock has a market cap of $12.58 billion, a P/E ratio of 25.98 and a beta of 1.73. The firm has a 50 day moving average price of $250.07 and a 200 day moving average price of $227.58. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.58 and a current ratio of 0.94. Zebra Technologies has a 52-week low of $166.15 and a 52-week high of $260.40.

About Zebra Technologies

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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