Zebra Technologies Co. (NASDAQ:ZBRA) Expected to Announce Earnings of $4.39 Per Share

Analysts forecast that Zebra Technologies Co. (NASDAQ:ZBRA) will report $4.39 earnings per share for the current quarter, according to Zacks. Four analysts have issued estimates for Zebra Technologies’ earnings. The highest EPS estimate is $4.42 and the lowest is $4.35. Zebra Technologies posted earnings per share of $2.67 in the same quarter last year, which suggests a positive year-over-year growth rate of 64.4%. The business is expected to issue its next quarterly earnings report before the market opens on Tuesday, April 27th.

On average, analysts expect that Zebra Technologies will report full year earnings of $15.47 per share for the current financial year, with EPS estimates ranging from $14.84 to $15.95. For the next year, analysts expect that the firm will post earnings of $16.85 per share, with EPS estimates ranging from $15.71 to $18.00. Zacks’ EPS averages are an average based on a survey of sell-side analysts that that provide coverage for Zebra Technologies.

Zebra Technologies (NASDAQ:ZBRA) last issued its earnings results on Wednesday, February 10th. The industrial products company reported $4.46 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $3.80 by $0.66. Zebra Technologies had a net margin of 11.41% and a return on equity of 34.83%. The company had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.26 billion. During the same period in the prior year, the business earned $3.56 EPS.

Several analysts have commented on the stock. William Blair reissued a “market perform” rating on shares of Zebra Technologies in a research report on Friday, February 19th. Northcoast Research raised shares of Zebra Technologies from a “neutral” rating to a “buy” rating and set a $560.00 price target for the company in a research report on Monday, March 29th. Zacks Investment Research raised shares of Zebra Technologies from a “hold” rating to a “buy” rating and set a $574.00 price target for the company in a research report on Friday, February 26th. Morgan Stanley lowered shares of Zebra Technologies from an “equal weight” rating to an “underweight” rating and increased their price target for the company from $380.00 to $410.00 in a research report on Wednesday. Finally, Needham & Company LLC increased their price target on shares of Zebra Technologies from $445.00 to $515.00 and gave the company a “buy” rating in a research report on Friday, February 12th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $391.00.

ZBRA stock opened at $487.35 on Friday. The firm has a market cap of $26.06 billion, a price-to-earnings ratio of 53.61 and a beta of 1.54. The firm has a 50-day simple moving average of $483.99 and a two-hundred day simple moving average of $404.45. Zebra Technologies has a one year low of $200.36 and a one year high of $518.66. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.42 and a current ratio of 0.79.

In other Zebra Technologies news, Director Michael A. Smith sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, March 1st. The shares were sold at an average price of $512.00, for a total transaction of $1,024,000.00. Following the completion of the transaction, the director now directly owns 10,267 shares of the company’s stock, valued at approximately $5,256,704. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Michael Cho sold 337 shares of the firm’s stock in a transaction that occurred on Thursday, March 4th. The stock was sold at an average price of $495.98, for a total transaction of $167,145.26. Following the transaction, the senior vice president now directly owns 4,639 shares of the company’s stock, valued at $2,300,851.22. The disclosure for this sale can be found here. Insiders have sold a total of 51,535 shares of company stock valued at $25,429,582 over the last three months. 2.00% of the stock is currently owned by insiders.

Hedge funds and other institutional investors have recently modified their holdings of the company. Mountain Pacific Investment Advisers Inc. ID grew its stake in shares of Zebra Technologies by 0.7% during the 1st quarter. Mountain Pacific Investment Advisers Inc. ID now owns 66,547 shares of the industrial products company’s stock worth $32,287,000 after purchasing an additional 488 shares during the period. Alamar Capital Management LLC acquired a new stake in shares of Zebra Technologies during the 4th quarter worth approximately $2,137,000. UBS Asset Management Americas Inc. grew its stake in shares of Zebra Technologies by 12.0% during the 4th quarter. UBS Asset Management Americas Inc. now owns 254,296 shares of the industrial products company’s stock worth $97,734,000 after purchasing an additional 27,253 shares during the period. V Wealth Advisors LLC acquired a new stake in shares of Zebra Technologies during the 4th quarter worth approximately $3,331,000. Finally, Virtu Financial LLC grew its stake in shares of Zebra Technologies by 33.1% during the 4th quarter. Virtu Financial LLC now owns 3,159 shares of the industrial products company’s stock worth $1,214,000 after purchasing an additional 785 shares during the period. 86.36% of the stock is currently owned by institutional investors and hedge funds.

Zebra Technologies Company Profile

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, which produce labels, wristbands, tickets, receipts, and plastic cards; RFID printers and encoders; accessories and options for its printers, including 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, as well as self-laminating wristbands for use in laser printers.

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