Zebra Technologies (NASDAQ:ZBRA) Expected to Post Earnings of $3.65 Per Share

Equities research analysts expect Zebra Technologies (NASDAQ:ZBRA) to announce earnings of $3.65 per share for the current quarter, according to Zacks. Five analysts have provided estimates for Zebra Technologies’ earnings. The lowest EPS estimate is $3.54 and the highest is $3.73. Zebra Technologies reported earnings of $3.10 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 17.7%. The business is expected to issue its next quarterly earnings results on Thursday, February 13th.

On average, analysts expect that Zebra Technologies will report full-year earnings of $13.02 per share for the current year, with EPS estimates ranging from $12.91 to $13.10. For the next year, analysts expect that the company will post earnings of $14.10 per share, with EPS estimates ranging from $13.66 to $14.53. Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that follow Zebra Technologies.

Zebra Technologies (NASDAQ:ZBRA) last posted its quarterly earnings results on Tuesday, October 29th. The industrial products company reported $3.43 EPS for the quarter, beating the consensus estimate of $3.28 by $0.15. Zebra Technologies had a net margin of 11.06% and a return on equity of 42.17%. The company had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.14 billion. During the same period in the prior year, the company earned $2.88 earnings per share. The firm’s revenue was up 3.5% on a year-over-year basis.

ZBRA has been the subject of several research analyst reports. ValuEngine upgraded shares of Zebra Technologies from a “sell” rating to a “hold” rating in a research report on Wednesday, October 30th. Wellington Shields downgraded shares of Zebra Technologies from a “gradually accumulate” rating to a “hold” rating in a research report on Thursday, July 18th. Atlantic Securities started coverage on shares of Zebra Technologies in a research report on Tuesday, August 27th. They set an “overweight” rating and a $230.00 price target for the company. Morgan Stanley upped their price objective on shares of Zebra Technologies from $205.00 to $217.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 30th. Finally, Imperial Capital reaffirmed an “outperform” rating and set a $265.00 price objective (up previously from $245.00) on shares of Zebra Technologies in a research note on Thursday, October 31st. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Zebra Technologies has a consensus rating of “Buy” and a consensus price target of $245.63.

NASDAQ:ZBRA traded up $1.40 during mid-day trading on Friday, hitting $241.86. The company’s stock had a trading volume of 223,700 shares, compared to its average volume of 532,584. Zebra Technologies has a 1 year low of $140.95 and a 1 year high of $248.83. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.94 and a quick ratio of 0.58. The business’s fifty day moving average is $211.74 and its two-hundred day moving average is $201.93. The stock has a market cap of $13.06 billion, a price-to-earnings ratio of 23.64 and a beta of 1.64.

In other news, SVP Cristen L. Kogl sold 975 shares of the stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $242.97, for a total value of $236,895.75. Following the completion of the sale, the senior vice president now owns 4,987 shares of the company’s stock, valued at approximately $1,211,691.39. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Chirantan Jitendra Desai sold 1,978 shares of the stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $206.60, for a total transaction of $408,654.80. Following the completion of the sale, the director now directly owns 5,955 shares of the company’s stock, valued at approximately $1,230,303. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 48,240 shares of company stock valued at $11,389,244. 1.77% of the stock is owned by corporate insiders.

Several institutional investors have recently bought and sold shares of ZBRA. Cooper Financial Group grew its stake in shares of Zebra Technologies by 11.2% in the 2nd quarter. Cooper Financial Group now owns 1,955 shares of the industrial products company’s stock valued at $410,000 after buying an additional 197 shares during the period. Zions Bancorporation N.A. grew its stake in shares of Zebra Technologies by 5.7% in the 2nd quarter. Zions Bancorporation N.A. now owns 1,803 shares of the industrial products company’s stock valued at $378,000 after buying an additional 97 shares during the period. Gulf International Bank UK Ltd purchased a new position in shares of Zebra Technologies during the 2nd quarter worth approximately $2,857,000. Sanders Morris Harris LLC purchased a new position in shares of Zebra Technologies during the 2nd quarter worth approximately $1,875,000. Finally, BKD Wealth Advisors LLC boosted its position in shares of Zebra Technologies by 15.1% during the 2nd quarter. BKD Wealth Advisors LLC now owns 2,369 shares of the industrial products company’s stock worth $496,000 after purchasing an additional 311 shares during the period. 88.42% of the stock is owned by institutional investors and hedge funds.

About Zebra Technologies

Zebra (NASDAQ: ZBRA) empowers the front line of business in retail/ecommerce, manufacturing, transportation and logistics, healthcare and other industries to achieve a performance edge. With more than 10,000 partners across 100 countries, they deliver industry-tailored, end-to-end solutions that intelligently connect people, assets and data to help our customers make business-critical decisions. Their market-leading solutions elevate the shopping experience, track and manage inventory as well as improve supply chain efficiency and patient care.

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