Zebra Technologies (NASDAQ:ZBRA) Downgraded by Zacks Research to “Strong Sell”

Zacks Research lowered shares of Zebra Technologies (NASDAQ:ZBRA) from a hold rating to a strong sell rating in a research note issued to investors on Tuesday morning,Zacks.com reports.

Other analysts also recently issued reports about the stock. Barclays cut their price objective on shares of Zebra Technologies from $375.00 to $360.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Zebra Technologies in a report on Wednesday, October 8th. KeyCorp restated a “sector weight” rating on shares of Zebra Technologies in a report on Thursday, October 30th. Robert W. Baird lifted their price target on Zebra Technologies from $320.00 to $367.00 and gave the stock an “outperform” rating in a research note on Monday, July 14th. Finally, Morgan Stanley boosted their target price on shares of Zebra Technologies from $280.00 to $300.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $354.00.

Zebra Technologies Stock Down 5.5%

Shares of ZBRA traded down $14.12 during trading on Tuesday, reaching $241.57. The company’s stock had a trading volume of 970,776 shares, compared to its average volume of 597,371. The company has a quick ratio of 1.03, a current ratio of 1.61 and a debt-to-equity ratio of 0.56. The company has a fifty day moving average of $294.96 and a two-hundred day moving average of $301.23. The company has a market cap of $12.24 billion, a price-to-earnings ratio of 24.35 and a beta of 1.80. Zebra Technologies has a twelve month low of $205.73 and a twelve month high of $427.76.

Zebra Technologies (NASDAQ:ZBRA) last announced its quarterly earnings data on Tuesday, October 28th. The industrial products company reported $3.88 earnings per share for the quarter, topping the consensus estimate of $3.75 by $0.13. Zebra Technologies had a net margin of 9.74% and a return on equity of 18.08%. The company had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.32 billion. During the same period last year, the business earned $3.49 EPS. The firm’s revenue for the quarter was up 5.2% compared to the same quarter last year. Zebra Technologies has set its Q4 2025 guidance at 4.200-4.400 EPS. FY 2025 guidance at 15.800-15.800 EPS. On average, sell-side analysts predict that Zebra Technologies will post 13.71 EPS for the current fiscal year.

Zebra Technologies declared that its Board of Directors has approved a stock buyback plan on Tuesday, August 5th that authorizes the company to repurchase $250.00 million in shares. This repurchase authorization authorizes the industrial products company to buy up to 1.4% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board of directors believes its shares are undervalued.

Institutional Trading of Zebra Technologies

A number of hedge funds have recently made changes to their positions in ZBRA. Trust Co. of Toledo NA OH bought a new position in Zebra Technologies in the 2nd quarter valued at approximately $25,000. Ameriflex Group Inc. bought a new position in shares of Zebra Technologies during the third quarter valued at $26,000. Zions Bancorporation National Association UT acquired a new position in shares of Zebra Technologies during the first quarter worth $27,000. Cary Street Partners Investment Advisory LLC bought a new stake in shares of Zebra Technologies in the first quarter worth $29,000. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new stake in Zebra Technologies in the first quarter valued at $30,000. 91.03% of the stock is owned by institutional investors and hedge funds.

About Zebra Technologies

Zebra Technologies Corporation, together with its subsidiaries, provides enterprise asset intelligence solutions in the automatic identification and data capture solutions industry worldwide. It operates in two segments, Asset Intelligence & Tracking, and Enterprise Visibility & Mobility. The company designs, manufactures, and sells printers that produce labels, wristbands, tickets, receipts, and plastic cards; dye-sublimination thermal card printers that produce images, which are used for personal identification, access control, and financial transactions; radio frequency identification device (RFID) printers that encode data into passive RFID transponders; accessories and options for printers, including carrying cases, vehicle mounts, and battery chargers; stock and customized thermal labels, receipts, ribbons, plastic cards, and RFID tags for printers; and temperature-monitoring labels primarily used in vaccine distribution.