June 14, 2023 – Zebra Technologies Co. (NASDAQ:ZBRA) has been under the scrutiny of ten research firms that cover the company. Recently, Bloomberg.com reported that the average consensus recommendation of these firms is a mere “Hold”. Contrarily, two firms have given a buy recommendation, while one rated the stock as a sell.
Further in-depth research reveals Zebra Technologies’ recent quarterly earnings report to be relatively commendable. On May 2nd, the industrial products company reported an earnings per share (EPS) of $3.59 for the first quarter that year. The amount surpassed analysts’ projections by $0.04 and brought about a net margin of 7.09% for the business.
The same report also disclosed revenues worth $1.41 billion, which exceeded analyst’s estimates of $1.39 billion for the quarter in review.
It is noteworthy that despite this positive observation, most equity research analysts expect Zebra Technologies to post 14.08 earnings per share for the current year.
With all these reports and projections considered, though not particularly catastrophic nor stunningly impressive thus far; however buyers on both sides remain indecisive since there doesn’t seem to be any significant change expected within its market price level any time soon.
In conclusion, it may be wise to exercise restraint and caution before investing in Zebra technologies until further updates from reputable sources become available.
Zebra Technologies Corporation
ZBRA
Strong Buy
Updated on: 14/06/2023
Zebra Technologies: Promising Innovations in Enterprise Solutions Markets
As we delve deeper into the technological advancements of this new era, it is only fitting to take note of the promising companies that drive innovation. One such company that keeps catching the eye of research analysts is Zebra Technologies.
A recent string of reports highlight interesting developments within Zebra Technologies, and exhibit varying perspectives on the future of the company. Robert W. Baird lowered their price target on shares, while Needham & Company LLC followed suit with a reduced target price. However, TD Cowen assumed coverage on Zebra Technologies with an “outperform” rating and set a high target, while Stephens upped their own target price and gave the stock an “overweight” rating. Lastly, StockNews.com weighed in with a “hold” rating.
The recent opening stock price for Zebra Technologies sits at $283.39 as investors anxiously await signs of progress from this innovative corporation. Although susceptible to some fluctuations due to macroeconomic changes within the market, it’s encouraging to see how well this stock has been performing overall.
Zebra Technologies boasts both a 52-week low of $224.87 and a high of $365.97; quite a wide spectrum but indicative of a dynamic flexibility in adapting their products to customers’ demands and competition levels.
While many metrics are used by analysts when evaluating companies, some noteworthy ones regarding Zebra Technologies include its quick ratio (0.47), current ratio (0.88) and debt-to-equity ratio (0.65). The firm’s beta sits at 1.66 – which implies above-average risk compared to other equities – however with great risk comes great potential reward.
In conclusion, despite differing opinions among research analysts on shares of Zebra Technologies, it remains undeniable that this company holds incredible promise for forward-thinking investors looking for disruptive innovation within enterprise solutions markets.
