Zebra Technologies (ZBRA) Set to Announce Quarterly Earnings on Thursday

Zebra Technologies (NASDAQ:ZBRA) will be issuing its quarterly earnings data before the market opens on Thursday, February 22nd. Analysts expect the company to announce earnings of $2.12 per share for the quarter.

Zebra Technologies (NASDAQ:ZBRA) last posted its earnings results on Tuesday, November 7th. The industrial products company reported $1.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.73 by $0.14. The company had revenue of $935.00 million for the quarter, compared to analysts’ expectations of $914.98 million. Zebra Technologies had a return on equity of 41.17% and a net margin of 0.82%. The firm’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same period last year, the business posted $1.43 earnings per share. On average, analysts expect Zebra Technologies to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Shares of Zebra Technologies (ZBRA) opened at $118.80 on Thursday. The stock has a market capitalization of $6,320.00, a price-to-earnings ratio of 208.42, a price-to-earnings-growth ratio of 2.08 and a beta of 1.67. The company has a quick ratio of 0.74, a current ratio of 1.22 and a debt-to-equity ratio of 3.01. Zebra Technologies has a one year low of $84.32 and a one year high of $126.49.

A number of brokerages have recently commented on ZBRA. Zacks Investment Research lowered Zebra Technologies from a “buy” rating to a “hold” rating and set a $130.00 price target on the stock. in a report on Saturday, February 10th. ValuEngine raised Zebra Technologies from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. BidaskClub raised Zebra Technologies from a “hold” rating to a “buy” rating in a report on Saturday, January 13th. Imperial Capital raised Zebra Technologies from an “in-line” rating to an “outperform” rating and raised their price target for the company from $95.00 to $120.00 in a report on Wednesday, November 29th. Finally, Robert W. Baird reissued a “buy” rating and set a $125.00 price target on shares of Zebra Technologies in a report on Friday, November 10th. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $114.88.

In other news, SVP Michael Cho sold 1,000 shares of the firm’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $110.15, for a total transaction of $110,150.00. Following the transaction, the senior vice president now directly owns 10,426 shares of the company’s stock, valued at $1,148,423.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 2.40% of the stock is currently owned by company insiders.

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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.

Earnings History for Zebra Technologies (NASDAQ:ZBRA)

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