Equities research analysts expect Zebra Technologies Corporation (NASDAQ:ZBRA) to report earnings per share (EPS) of $2.12 for the current fiscal quarter, according to Zacks Investment Research. Six analysts have provided estimates for Zebra Technologies’ earnings, with estimates ranging from $2.09 to $2.16. Zebra Technologies reported earnings per share of $1.93 during the same quarter last year, which indicates a positive year over year growth rate of 9.8%. The company is expected to issue its next earnings report on Thursday, February 22nd.

On average, analysts expect that Zebra Technologies will report full year earnings of $6.87 per share for the current fiscal year, with EPS estimates ranging from $6.84 to $6.91. For the next financial year, analysts forecast that the firm will report earnings of $7.81 per share, with EPS estimates ranging from $7.60 to $8.10. Zacks’ EPS calculations are an average based on a survey of sell-side research firms that that provide coverage for Zebra Technologies.

Zebra Technologies (NASDAQ:ZBRA) last issued its quarterly earnings results on Tuesday, November 7th. The industrial products company reported $1.87 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.73 by $0.14. Zebra Technologies had a return on equity of 41.17% and a net margin of 0.82%. The firm had revenue of $935.00 million during the quarter, compared to analyst estimates of $914.98 million. During the same period last year, the company earned $1.43 EPS. Zebra Technologies’s quarterly revenue was up 3.4% compared to the same quarter last year.

ZBRA has been the subject of a number of research analyst reports. Northcoast Research raised Zebra Technologies from a “neutral” rating to a “buy” rating in a research note on Tuesday, October 31st. Wellington Shields raised Zebra Technologies from a “hold” rating to a “buy” rating in a research report on Wednesday, November 8th. Zacks Investment Research lowered Zebra Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. Robert W. Baird reaffirmed a “buy” rating and set a $125.00 target price on shares of Zebra Technologies in a research report on Friday, November 10th. Finally, J P Morgan Chase & Co lifted their target price on Zebra Technologies to $132.00 and gave the company an “overweight” rating in a research report on Tuesday, November 7th. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $114.88.

In other news, SVP Michael Cho sold 1,000 shares of the business’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $110.15, for a total value of $110,150.00. Following the completion of the transaction, the senior vice president now directly owns 10,426 shares of the company’s stock, valued at approximately $1,148,423.90. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Frank Blaise Modruson purchased 1,540 shares of Zebra Technologies stock in a transaction dated Thursday, November 9th. The stock was bought at an average cost of $103.88 per share, with a total value of $159,975.20. Following the completion of the transaction, the director now owns 12,556 shares in the company, valued at approximately $1,304,317.28. The disclosure for this purchase can be found here. Insiders own 2.40% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. raised its position in shares of Zebra Technologies by 16.8% in the 2nd quarter. BlackRock Inc. now owns 4,838,648 shares of the industrial products company’s stock worth $486,381,000 after acquiring an additional 695,821 shares in the last quarter. Vanguard Group Inc. grew its stake in Zebra Technologies by 10.4% during the 2nd quarter. Vanguard Group Inc. now owns 4,545,495 shares of the industrial products company’s stock worth $456,913,000 after buying an additional 428,836 shares during the last quarter. Bank of New York Mellon Corp grew its stake in Zebra Technologies by 22.0% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,812,341 shares of the industrial products company’s stock worth $196,784,000 after buying an additional 326,583 shares during the last quarter. Janus Henderson Group PLC purchased a new position in Zebra Technologies during the 2nd quarter worth $157,116,000. Finally, State Street Corp grew its stake in Zebra Technologies by 1.4% during the 2nd quarter. State Street Corp now owns 1,368,743 shares of the industrial products company’s stock worth $137,588,000 after buying an additional 18,299 shares during the last quarter. 89.68% of the stock is owned by hedge funds and other institutional investors.

Shares of Zebra Technologies (NASDAQ:ZBRA) traded up $0.24 during mid-day trading on Monday, hitting $107.91. The company had a trading volume of 174,100 shares, compared to its average volume of 332,706. Zebra Technologies has a 52-week low of $80.61 and a 52-week high of $117.44. The company has a debt-to-equity ratio of 3.01, a current ratio of 1.22 and a quick ratio of 0.74. The company has a market cap of $5,739.63, a price-to-earnings ratio of 17.35, a P/E/G ratio of 2.25 and a beta of 1.59.

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About Zebra Technologies

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 (NASDAQ:ZBRA)

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