Zebra Technologies (NASDAQ:ZBRA) Director Michael A. Smith sold 4,693 shares of the stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $242.75, for a total transaction of $1,139,225.75. Following the completion of the transaction, the director now owns 35,896 shares of the company’s stock, valued at approximately $8,713,754. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of NASDAQ ZBRA opened at $241.86 on Friday. The stock has a market cap of $13.06 billion, a price-to-earnings ratio of 23.64 and a beta of 1.64. Zebra Technologies has a 52 week low of $140.95 and a 52 week high of $248.83. The company’s 50-day moving average price is $211.74 and its 200 day moving average price is $201.93. The company has a current ratio of 0.94, a quick ratio of 0.58 and a debt-to-equity ratio of 0.84.
Zebra Technologies (NASDAQ:ZBRA) last issued its quarterly earnings data on Tuesday, October 29th. The industrial products company reported $3.43 EPS for the quarter, beating the Zacks’ consensus estimate of $3.28 by $0.15. The firm had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.14 billion. Zebra Technologies had a net margin of 11.06% and a return on equity of 42.17%. The firm’s revenue was up 3.5% on a year-over-year basis. During the same period in the prior year, the company earned $2.88 EPS. As a group, research analysts expect that Zebra Technologies will post 12.16 earnings per share for the current year.
A number of brokerages have recently issued reports on ZBRA. ValuEngine upgraded shares of Zebra Technologies from a “sell” rating to a “hold” rating in a report on Wednesday, October 30th. Zacks Investment Research upgraded shares of Zebra Technologies from a “sell” rating to a “hold” rating in a report on Saturday, October 19th. JPMorgan Chase & Co. downgraded shares of Zebra Technologies from an “overweight” rating to a “neutral” rating and set a $250.00 price target for the company. in a report on Tuesday. Atlantic Securities began coverage on shares of Zebra Technologies in a report on Tuesday, August 27th. They issued an “overweight” rating and a $230.00 price target for the company. Finally, Morgan Stanley increased their price target on shares of Zebra Technologies from $205.00 to $217.00 and gave the company an “equal weight” rating in a report on Wednesday, October 30th. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $245.63.
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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