Zebra Technologies Corporation (NASDAQ:ZBRA) Receives $369.56 Consensus PT from Analysts

Shares of Zebra Technologies Corporation (NASDAQ:ZBRA) have earned an average rating of “Moderate Buy” from the twelve brokerages that are presently covering the company, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation, six have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $369.5556.

A number of equities research analysts have commented on ZBRA shares. Robert W. Baird raised their price objective on Zebra Technologies from $320.00 to $367.00 and gave the company an “outperform” rating in a research note on Monday, July 14th. Barclays set a $375.00 price objective on Zebra Technologies in a research note on Tuesday, October 7th. BNP Paribas Exane raised Zebra Technologies from a “neutral” rating to an “outperform” rating and set a $408.00 price objective for the company in a research note on Thursday, July 10th. Needham & Company LLC lifted their target price on Zebra Technologies from $325.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. Finally, Truist Financial lifted their target price on Zebra Technologies from $319.00 to $350.00 and gave the company a “hold” rating in a research report on Wednesday, October 8th.

Zebra Technologies Trading Up 2.2%

Shares of Zebra Technologies stock opened at $281.96 on Friday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.03 and a current ratio of 1.46. Zebra Technologies has a 52 week low of $205.73 and a 52 week high of $427.76. The stock has a 50 day moving average price of $310.75 and a two-hundred day moving average price of $294.51. The stock has a market capitalization of $14.34 billion, a PE ratio of 26.63 and a beta of 1.75.

Zebra Technologies (NASDAQ:ZBRA) last announced its quarterly earnings data on Tuesday, August 5th. The industrial products company reported $3.61 EPS for the quarter, beating analysts’ consensus estimates of $3.31 by $0.30. Zebra Technologies had a return on equity of 18.95% and a net margin of 10.56%.The firm had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter last year, the firm posted $3.18 earnings per share. The company’s revenue for the quarter was up 6.2% compared to the same quarter last year. Zebra Technologies has set its FY 2025 guidance at 15.250-15.750 EPS. Q3 2025 guidance at 3.600-3.800 EPS. As a group, equities analysts anticipate that Zebra Technologies will post 13.71 earnings per share for the current fiscal year.

Zebra Technologies declared that its Board of Directors has initiated a stock buyback plan on Tuesday, August 5th that authorizes the company to buyback $250.00 million in outstanding shares. This buyback authorization authorizes the industrial products company to reacquire up to 1.4% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Elevation Point Wealth Partners LLC grew its position in Zebra Technologies by 3.4% during the 2nd quarter. Elevation Point Wealth Partners LLC now owns 986 shares of the industrial products company’s stock worth $304,000 after purchasing an additional 32 shares during the period. Parkside Financial Bank & Trust lifted its stake in Zebra Technologies by 19.2% in the 2nd quarter. Parkside Financial Bank & Trust now owns 205 shares of the industrial products company’s stock valued at $63,000 after buying an additional 33 shares in the last quarter. Wealth Alliance LLC lifted its stake in Zebra Technologies by 3.5% in the 2nd quarter. Wealth Alliance LLC now owns 978 shares of the industrial products company’s stock valued at $302,000 after buying an additional 33 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. lifted its stake in Zebra Technologies by 1.9% in the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,866 shares of the industrial products company’s stock valued at $527,000 after buying an additional 35 shares in the last quarter. Finally, Brown Advisory Inc. raised its holdings in Zebra Technologies by 2.1% in the 2nd quarter. Brown Advisory Inc. now owns 1,787 shares of the industrial products company’s stock valued at $551,000 after acquiring an additional 36 shares during the last quarter. Hedge funds and other institutional investors own 91.03% of the company’s stock.

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.