Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Zebra Technologies (ZBRA) Stock Price
Press coverage about Zebra Technologies (NASDAQ:ZBRA) has trended somewhat positive this week, Accern reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Zebra Technologies earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave media coverage about the industrial products company an impact score of 46.776592286082 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of Zebra Technologies (NASDAQ:ZBRA) traded down $0.36 during trading hours on Tuesday, hitting $104.79. The company had a trading volume of 157,311 shares, compared to its average volume of 331,382. The stock has a market capitalization of $5,592.82, a PE ratio of 177.61, a price-to-earnings-growth ratio of 2.20 and a beta of 1.59. The company has a debt-to-equity ratio of 3.01, a quick ratio of 0.74 and a current ratio of 1.22. Zebra Technologies has a one year low of $81.02 and a one year high of $117.44.
Zebra Technologies (NASDAQ:ZBRA) last posted its quarterly earnings data on Tuesday, November 7th. The industrial products company reported $1.87 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.73 by $0.14. Zebra Technologies had a return on equity of 41.17% and a net margin of 0.82%. The business had revenue of $935.00 million for the quarter, compared to analysts’ expectations of $914.98 million. During the same quarter in the previous year, the firm earned $1.43 earnings per share. The business’s revenue was up 3.4% on a year-over-year basis. analysts anticipate that Zebra Technologies will post 6.37 earnings per share for the current year.
Several research firms have recently issued reports on ZBRA. BidaskClub lowered Zebra Technologies from a “hold” rating to a “sell” rating in a report on Friday, December 15th. Zacks Investment Research raised Zebra Technologies from a “hold” rating to a “buy” rating and set a $130.00 price target on the stock in a research note on Thursday, November 2nd. JPMorgan Chase & Co. lifted their price target on Zebra Technologies to $132.00 and gave the company an “overweight” rating in a research note on Tuesday, November 7th. Imperial Capital raised Zebra Technologies from an “in-line” rating to an “outperform” rating and lifted their price target for the company from $95.00 to $120.00 in a research note on Wednesday, November 29th. Finally, Robert W. Baird reissued a “buy” rating and set a $125.00 price target on shares of Zebra Technologies in a research note on Friday, November 10th. One analyst has rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $114.88.
In related news, Director Frank Blaise Modruson acquired 1,540 shares of the firm’s stock in a transaction that occurred on Thursday, November 9th. The shares were bought at an average cost of $103.88 per share, for a total transaction of $159,975.20. Following the purchase, the director now owns 12,556 shares in the company, valued at approximately $1,304,317.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Michael Cho sold 1,000 shares of the business’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $110.15, for a total value of $110,150.00. Following the sale, the senior vice president now owns 10,426 shares in the company, valued at $1,148,423.90. The disclosure for this sale can be found here. Insiders own 2.40% of the company’s stock.
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About Zebra Technologies
Zebra Technologies Corporation designs, manufactures and sells a range of automatic identification and data capture (AIDC) products. The Company’s AIDC products include mobile computers, barcode scanners, radio frequency identification (RFID) readers, wireless local area network (WLAN) products, specialty printers for barcode labeling and personal identification, real-time location systems (RTLS), related accessories and supplies, such as self-adhesive labels and other consumables, and utilities and application software.
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