Zebra Technologies (ZBRA) Scheduled to Post Quarterly Earnings on Tuesday

Zebra Technologies (NASDAQ:ZBRA) will be announcing its earnings results before the market opens on Tuesday, April 30th. Analysts expect the company to announce earnings of $2.14 per share for the quarter. Zebra Technologies has set its Q1 guidance at $2.30-2.60 EPS.Parties interested in listening to the company’s conference call can do so using this link.

Zebra Technologies (NASDAQ:ZBRA) last released its quarterly earnings results on Thursday, February 15th. The industrial products company reported $1.71 EPS for the quarter, beating the consensus estimate of $1.62 by $0.09. Zebra Technologies had a net margin of 6.46% and a return on equity of 15.30%. The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $1 billion. During the same quarter in the prior year, the firm earned $4.43 EPS. The business’s revenue for the quarter was down 32.9% compared to the same quarter last year. On average, analysts expect Zebra Technologies to post $10 EPS for the current fiscal year and $12 EPS for the next fiscal year.

Zebra Technologies Price Performance

NASDAQ ZBRA opened at $297.21 on Monday. Zebra Technologies has a 52 week low of $194.59 and a 52 week high of $320.55. The firm has a market capitalization of $15.27 billion, a P/E ratio of 52.05 and a beta of 1.79. The company has a quick ratio of 0.54, a current ratio of 1.05 and a debt-to-equity ratio of 0.67. The company has a 50-day moving average price of $286.38 and a 200-day moving average price of $255.33.

Analysts Set New Price Targets

ZBRA has been the subject of several research reports. Barclays initiated coverage on shares of Zebra Technologies in a research report on Tuesday, April 2nd. They set an “equal weight” rating and a $292.00 price target for the company. Truist Financial initiated coverage on shares of Zebra Technologies in a research report on Thursday, March 14th. They set a “hold” rating and a $300.00 price target for the company. StockNews.com lowered shares of Zebra Technologies from a “hold” rating to a “sell” rating in a research report on Friday, February 16th. Finally, Wolfe Research raised shares of Zebra Technologies from a “peer perform” rating to an “outperform” rating and set a $337.00 target price for the company in a report on Monday, April 8th. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $278.64.

Insiders Place Their Bets

In other Zebra Technologies news, CAO Colleen M. O’sullivan sold 135 shares of the company’s stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $279.36, for a total value of $37,713.60. Following the completion of the transaction, the chief accounting officer now directly owns 5,543 shares in the company, valued at approximately $1,548,492.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 1.06% of the stock is currently owned by corporate insiders.

About Zebra Technologies

Zebra Technologies Corporation, together with its subsidiaries, provides enterprise asset intelligence solutions in the automatic identification and data capture solutions industry worldwide. It operates in two segments, Asset Intelligence & Tracking, and Enterprise Visibility & Mobility. The company designs, manufactures, and sells printers that produce labels, wristbands, tickets, receipts, and plastic cards; dye-sublimination thermal card printers that produce images, which are used for personal identification, access control, and financial transactions; radio frequency identification device (RFID) printers that encode data into passive RFID transponders; accessories and options for printers, including carrying cases, vehicle mounts, and battery chargers; stock and customized thermal labels, receipts, ribbons, plastic cards, and RFID tags for printers; and temperature-monitoring labels primarily used in vaccine distribution.