Zebra Technologies Corp. Sets New 1-Year High at $55.75 (ZBRA)
Shares of Zebra Technologies Corp. (NASDAQ:ZBRA) hit a new 52-week high during trading hours on Thursday, Stock Ratings News reports. The company traded as high as $55.75 and last traded at $55.55, with a volume of 256,657 shares trading hands. The stock had previously closed at $53.56.
Several analysts have recently commented on the stock. Analysts at Northcoast Research upgraded shares of Zebra Technologies Corp. from a “neutral” rating to a “buy” rating in a research note to investors on Thursday. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Zebra Technologies Corp. in a research note to investors on Monday, December 23rd. They now have a $58.50 price target on the stock, up previously from $57.00. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Zebra Technologies Corp. presently has an average rating of “Hold” and an average price target of $51.68.
Zebra Technologies Corp. has a 1-year low of $42.49 and a 1-year high of $55.22. The stock’s 50-day moving average is $53.28 and its 200-day moving average is $49.11. The company has a market cap of $2.805 billion and a P/E ratio of 21.47.
Zebra Technologies Corp. (NASDAQ:ZBRA) last issued its quarterly earnings data on Tuesday, November 5th. The company reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.10. The company had revenue of $263.52 million for the quarter, compared to the consensus estimate of $258.13 million. During the same quarter in the previous year, the company posted $0.69 earnings per share. The company’s revenue for the quarter was up 4.6% on a year-over-year basis. Analysts expect that Zebra Technologies Corp. will post $2.58 EPS for the current fiscal year.
Zebra Technologies Corporation (NASDAQ:ZBRA) designs, manufactures and sells specialty printing devices that print variable information on demand at the point of issuance.
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