Zebra Technologies Corp (NASDAQ:ZBRA) shares traded 0.22% higher at $397.00 on Wall Street last session.
ZBRA stock price is now 0.61% away from the 50-day moving average and 15.74% away from the 200-day moving average. The market capitalization of the company currently stands at $20.48B.
With the price target enhanced from $305 to $400, Morgan Stanley Upgraded its rating from Underweight to Equal-Weight for Zebra Technologies Corp (NASDAQ: ZBRA). On July 23, 2024, Vertical Research recently initiated its ‘Buy’ rating on the stock quoting a target price of $375, while ‘Exane BNP Paribas’ rates the stock as ‘Neutral’
In other news, O’Sullivan Colleen M, Chief Accounting Officer sold 190 shares of the company’s stock on Nov 25 ’24. The stock was sold for $75,979 at an average price of $399.89. Upon completion of the transaction, the Chief Accounting Officer now directly owns 5,914 shares in the company, valued at $2.35 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 25 ’24, Officer O’Sullivan Colleen M bought 190 shares of the business’s stock. A total of $75,970 was incurred on buying the stock at an average price of $399.84. A total of 0.72% of the company’s stock is owned by insiders.
During the past 12 months, Zebra Technologies Corp has had a low of $233.95 and a high of $413.43. As of last week, the company has a debt-to-equity ratio of 0.69, a current ratio of 1.37, and a quick ratio of 0.96. According to the stock market information, the enterprise value for the company is $22172270592, which is based on a 53.88 price-to-earnings ratio, a 2.55 price-to-earnings-growth ratio, and a beta of 1.64. The fifty day moving average price for ZBRA is $394.6098 and a two-hundred day moving average price translates $343.012 for the stock.
The latest earnings results from Zebra Technologies Corp (NASDAQ: ZBRA) was released for 2024-09-28. The net profit margin was 8.21% and return on equity was 11.87% for ZBRA. The company reported revenue of $1.25 billion for the quarter, compared to $956.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 31.28 percent.
