Zebra Technologies Co. (NASDAQ:ZBRA) Given Consensus Recommendation of "Moderate Buy" by Brokerages – MarketBeat
Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
Zebra Technologies Co. (NASDAQ:ZBRA – Get Rating) has received a consensus rating of “Moderate Buy” from the eight ratings firms that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $383.33.
Several equities analysts have recently issued reports on the company. Stephens cut their price target on Zebra Technologies from $600.00 to $500.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 3rd. Morgan Stanley cut their price target on Zebra Technologies from $335.00 to $225.00 and set an “equal weight” rating on the stock in a research note on Friday, October 14th. StockNews.com began coverage on Zebra Technologies in a research note on Wednesday, October 12th. They issued a “hold” rating on the stock. UBS Group cut their target price on Zebra Technologies from $485.00 to $445.00 in a research note on Thursday, November 3rd. Finally, Robert W. Baird cut their target price on Zebra Technologies from $330.00 to $300.00 in a research note on Wednesday, November 2nd.
Zebra Technologies Trading Up 0.5 %
Shares of ZBRA opened at $271.90 on Friday. The company has a quick ratio of 0.51, a current ratio of 0.90 and a debt-to-equity ratio of 0.76. Zebra Technologies has a 12-month low of $224.87 and a 12-month high of $615.00. The firm has a market capitalization of $14.04 billion, a PE ratio of 21.73 and a beta of 1.64. The stock’s fifty day simple moving average is $262.70 and its 200-day simple moving average is $297.95.
Institutional Investors Weigh In On Zebra Technologies
Several large investors have recently modified their holdings of the business. Parallel Advisors LLC increased its holdings in shares of Zebra Technologies by 5.8% in the second quarter. Parallel Advisors LLC now owns 507 shares of the industrial products company’s stock worth $149,000 after acquiring an additional 28 shares in the last quarter. NorthRock Partners LLC grew its holdings in shares of Zebra Technologies by 5.2% during the first quarter. NorthRock Partners LLC now owns 592 shares of the industrial products company’s stock worth $245,000 after buying an additional 29 shares in the last quarter. Motley Fool Asset Management LLC grew its holdings in shares of Zebra Technologies by 3.1% during the second quarter. Motley Fool Asset Management LLC now owns 1,231 shares of the industrial products company’s stock worth $372,000 after buying an additional 37 shares in the last quarter. Quadrant Capital Group LLC grew its holdings in shares of Zebra Technologies by 23.5% during the first quarter. Quadrant Capital Group LLC now owns 200 shares of the industrial products company’s stock worth $82,000 after buying an additional 38 shares in the last quarter. Finally, M&T Bank Corp grew its holdings in shares of Zebra Technologies by 0.8% during the first quarter. M&T Bank Corp now owns 4,697 shares of the industrial products company’s stock worth $1,943,000 after buying an additional 38 shares in the last quarter. 85.65% of the stock is currently owned by institutional investors.
Zebra Technologies Company Profile
(Get Rating)
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, which produce labels, wristbands, tickets, receipts, and plastic cards; dye-sublimination thermal card printers, which produce images which are used for personal identification, access control, and financial transactions; RFID printers that encode data into passive RFID transponders; accessories and options for our printers, including 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.
Further Reading
- Get a free copy of the StockNews.com research report on Zebra Technologies (ZBRA)
- MarketBeat: Week in Review 11/21 – 11/25
- Three CBD Stocks to Dominate a Budding Industry
- Institutional Support for Analog Devices Remains High
- Is the 60/40 Portfolio Mix Still in Vogue?
- Salesforce Cuts Labor, Shows Strong Earnings Despite Challenges
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Zebra Technologies, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Zebra Technologies wasn’t on the list.
While Zebra Technologies currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Complete the form below to receive the latest headlines and analysts’ recommendations for your stocks with our free daily email newsletter:
Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat’s trending stocks report.
Identify stocks that meet your criteria using seven unique stock screeners. See what’s happening in the market right now with MarketBeat’s real-time news feed. Export data to Excel for your own analysis.
As Featured By:
326 E 8th St #105, Sioux Falls, SD 57103
contact@marketbeat.com
(844) 978-6257
© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer.