Zacks: Brokerages Expect Zebra Technologies (ZBRA) Will Post Quarterly Sales of $1.12 Billion

Brokerages expect Zebra Technologies (NASDAQ:ZBRA) to post sales of $1.12 billion for the current fiscal quarter, Zacks Investment Research reports. Five analysts have issued estimates for Zebra Technologies’ earnings. The lowest sales estimate is $1.11 billion and the highest is $1.13 billion. Zebra Technologies reported sales of $1.03 billion during the same quarter last year, which would suggest a positive year-over-year growth rate of 8.7%. The firm is scheduled to announce its next earnings results before the market opens on Thursday, February 14th.

According to Zacks, analysts expect that Zebra Technologies will report full-year sales of $4.20 billion for the current year, with estimates ranging from $4.19 billion to $4.21 billion. For the next year, analysts expect that the company will post sales of $4.42 billion, with estimates ranging from $4.37 billion to $4.45 billion. Zacks’ sales calculations are an average based on a survey of research firms that cover Zebra Technologies.

ZBRA has been the topic of a number of research reports. Needham & Company LLC increased their price objective on shares of Zebra Technologies to $192.00 and gave the stock a “buy” rating in a research note on Wednesday, November 7th. BidaskClub upgraded shares of Zebra Technologies from a “hold” rating to a “buy” rating in a research note on Friday, October 19th. Northcoast Research set a $200.00 price objective on shares of Zebra Technologies and gave the stock a “buy” rating in a research note on Tuesday, October 16th. Zacks Investment Research upgraded shares of Zebra Technologies from a “sell” rating to a “buy” rating and set a $200.00 price objective on the stock in a research note on Saturday, November 17th. Finally, Wellington Shields upgraded shares of Zebra Technologies from a “hold” rating to a “buy” rating in a research note on Thursday, December 27th. Three equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. Zebra Technologies has an average rating of “Buy” and a consensus target price of $180.22.



Shares of Zebra Technologies stock opened at $178.38 on Tuesday. The company has a current ratio of 1.09, a quick ratio of 0.64 and a debt-to-equity ratio of 1.51. Zebra Technologies has a 12-month low of $114.57 and a 12-month high of $184.75. The company has a market cap of $9.49 billion, a price-to-earnings ratio of 27.87 and a beta of 1.52.

In other news, Director Andrew K. Ludwick sold 34,000 shares of the stock in a transaction on Thursday, November 15th. The shares were sold at an average price of $178.04, for a total value of $6,053,360.00. Following the sale, the director now owns 34,952 shares in the company, valued at $6,222,854.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.30% of the stock is owned by corporate insiders.

Several large investors have recently added to or reduced their stakes in the company. Lindbrook Capital LLC acquired a new stake in Zebra Technologies during the fourth quarter valued at $35,000. Rehmann Capital Advisory Group grew its position in Zebra Technologies by 966.7% during the third quarter. Rehmann Capital Advisory Group now owns 256 shares of the industrial products company’s stock valued at $45,000 after buying an additional 232 shares during the period. FNY Investment Advisers LLC grew its position in Zebra Technologies by 398.2% during the fourth quarter. FNY Investment Advisers LLC now owns 279 shares of the industrial products company’s stock valued at $44,000 after buying an additional 223 shares during the period. Karp Capital Management Corp acquired a new stake in Zebra Technologies during the fourth quarter valued at $48,000. Finally, Quantamental Technologies LLC acquired a new stake in Zebra Technologies during the fourth quarter valued at $67,000. Hedge funds and other institutional investors own 93.49% of the company’s stock.

Zebra Technologies Company Profile

With the unparalleled operational visibility Zebra provides, enterprises become as smart and connected as the world we live in. Real-time information – gleaned from visionary solutions including hardware, software and services – gives organizations the competitive edge they need to simplify operations, know more about their businesses and customers, and empower their mobile workers to succeed in today’s data-centric world.

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