Zebra Technologies (NASDAQ:ZBRA) Director Richard L. Keyser sold 9,500 shares of Zebra Technologies stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $210.96, for a total value of $2,004,120.00. Following the transaction, the director now directly owns 46,916 shares in the company, valued at approximately $9,897,399.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
ZBRA stock traded down $1.27 during midday trading on Friday, hitting $211.40. The company’s stock had a trading volume of 495,103 shares, compared to its average volume of 493,917. The company has a current ratio of 0.89, a quick ratio of 0.49 and a debt-to-equity ratio of 1.07. Zebra Technologies has a 1 year low of $130.79 and a 1 year high of $213.17. The stock has a market cap of $11.35 billion, a P/E ratio of 20.66 and a beta of 1.45.
Zebra Technologies (NASDAQ:ZBRA) last posted its quarterly earnings data on Thursday, February 14th. The industrial products company reported $3.10 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.84 by $0.26. Zebra Technologies had a return on equity of 48.26% and a net margin of 9.98%. The business had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.12 billion. During the same quarter in the previous year, the firm earned $2.33 earnings per share. The business’s revenue was up 10.8% on a year-over-year basis. As a group, analysts forecast that Zebra Technologies will post 11.73 earnings per share for the current fiscal year.
Several research analysts recently issued reports on ZBRA shares. Wellington Shields raised Zebra Technologies from a “hold” rating to a “buy” rating in a research report on Thursday, December 27th. BidaskClub raised Zebra Technologies from a “buy” rating to a “strong-buy” rating in a research report on Friday, February 8th. Zacks Investment Research cut Zebra Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, January 12th. Needham & Company LLC reissued a “buy” rating and issued a $215.00 price objective (up previously from $192.00) on shares of Zebra Technologies in a research report on Friday, February 15th. They noted that the move was a valuation call. Finally, ValuEngine raised Zebra Technologies from a “hold” rating to a “buy” rating in a research report on Wednesday, November 28th. One analyst has rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $215.00.
About Zebra Technologies
With the unparalleled operational visibility Zebra provides, enterprises become as smart and connected as the world we live in. Real-time information – gleaned from visionary solutions including hardware, software and services – gives organizations the competitive edge they need to simplify operations, know more about their businesses and customers, and empower their mobile workers to succeed in today’s data-centric world.
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