Analysts expect that Zebra Technologies Corporation (NASDAQ:ZBRA) will post sales of $912.77 million for the current quarter, Zacks Investment Research reports. Five analysts have made estimates for Zebra Technologies Corporation’s earnings, with estimates ranging from $908.10 million to $915.72 million. Zebra Technologies Corporation reported sales of $904.00 million during the same quarter last year, which would indicate a positive year over year growth rate of 1%. The firm is scheduled to announce its next quarterly earnings report on Tuesday, November 21st.

On average, analysts expect that Zebra Technologies Corporation will report full-year sales of $912.77 million for the current year, with estimates ranging from $3.59 billion to $3.65 billion. For the next fiscal year, analysts forecast that the company will post sales of $3.73 billion per share, with estimates ranging from $3.66 billion to $3.80 billion. Zacks’ sales averages are a mean average based on a survey of research analysts that follow Zebra Technologies Corporation.

Zebra Technologies Corporation (NASDAQ:ZBRA) last announced its quarterly earnings results on Tuesday, August 8th. The industrial products company reported $1.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.34 by $0.17. Zebra Technologies Corporation had a negative net margin of 1.14% and a positive return on equity of 38.88%. The company had revenue of $897 million for the quarter, compared to the consensus estimate of $876.90 million. During the same quarter in the prior year, the firm earned $1.34 earnings per share. The company’s revenue for the quarter was up 2.0% compared to the same quarter last year.

ZBRA has been the subject of several research reports. Needham & Company LLC restated a “buy” rating and set a $107.00 price objective on shares of Zebra Technologies Corporation in a research report on Monday, May 22nd. BidaskClub lowered shares of Zebra Technologies Corporation from a “strong-buy” rating to a “buy” rating in a research report on Thursday, June 29th. Zacks Investment Research upgraded shares of Zebra Technologies Corporation from a “hold” rating to a “buy” rating and set a $118.00 price objective for the company in a research report on Wednesday, June 28th. ValuEngine upgraded shares of Zebra Technologies Corporation from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Finally, Morgan Stanley lowered shares of Zebra Technologies Corporation from an “overweight” rating to an “equal weight” rating and raised their price objective for the company from $95.00 to $100.00 in a research report on Wednesday, May 31st. They noted that the move was a valuation call. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $103.57.

Shares of Zebra Technologies Corporation (NASDAQ:ZBRA) opened at 99.76 on Friday. Zebra Technologies Corporation has a one year low of $62.91 and a one year high of $109.30. The firm has a 50 day moving average of $101.79 and a 200 day moving average of $97.77. The stock’s market cap is $5.30 billion.

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In other Zebra Technologies Corporation news, SVP Hugh K. Gagnier sold 20,682 shares of the firm’s stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $106.42, for a total value of $2,200,978.44. Following the completion of the transaction, the senior vice president now directly owns 39,072 shares in the company, valued at $4,158,042.24. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Anders Gustafsson sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $106.04, for a total transaction of $2,651,000.00. Following the completion of the transaction, the chief executive officer now owns 295,116 shares of the company’s stock, valued at $31,294,100.64. The disclosure for this sale can be found here. Company insiders own 2.50% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the business. Highbridge Capital Management LLC acquired a new position in shares of Zebra Technologies Corporation in the first quarter worth about $362,000. Advantus Capital Management Inc boosted its holdings in shares of Zebra Technologies Corporation by 3.2% in the first quarter. Advantus Capital Management Inc now owns 6,770 shares of the industrial products company’s stock worth $618,000 after buying an additional 209 shares during the period. Renaissance Technologies LLC boosted its holdings in shares of Zebra Technologies Corporation by 483.6% in the first quarter. Renaissance Technologies LLC now owns 272,731 shares of the industrial products company’s stock worth $24,887,000 after buying an additional 226,000 shares during the period. State Street Corp boosted its holdings in shares of Zebra Technologies Corporation by 2.1% in the first quarter. State Street Corp now owns 1,350,444 shares of the industrial products company’s stock worth $123,234,000 after buying an additional 27,838 shares during the period. Finally, BlackRock Inc. boosted its holdings in shares of Zebra Technologies Corporation by 15,105.8% in the first quarter. BlackRock Inc. now owns 4,142,827 shares of the industrial products company’s stock worth $378,032,000 after buying an additional 4,115,582 shares during the period. Institutional investors own 90.02% of the company’s stock.

Zebra Technologies Corporation Company Profile

Zebra Technologies Corporation designs, manufactures and sells a range of automatic identification and data capture (AIDC) products. The Company’s AIDC products include mobile computers, barcode scanners, radio frequency identification (RFID) readers, wireless local area network (WLAN) products, specialty printers for barcode labeling and personal identification, real-time location systems (RTLS), related accessories and supplies, such as self-adhesive labels and other consumables, and utilities and application software.

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Earnings History and Estimates for Zebra Technologies Corporation (NASDAQ:ZBRA)

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