Zebra Technologies Corporation [NASDAQ: ZBRA] surged by $2.18 during the normal trading session on Friday and reaching a high of $268.08 during the day while it closed the day at $264.41. Zebra Technologies Corporation stock has also gained 2.35% of its value over the past 7 days. However, ZBRA stock has inclined by 47.40% in the 3 months of the year. Over the past six months meanwhile, it has gained 3.52% and gained 3.51% year-on date.
The market cap for ZBRA stock reached $13.92 billion, with 53.76 million shares outstanding and 52.39 million shares in the current float. Compared to the average trading volume of 451.38K shares, ZBRA reached a trading volume of 984283 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Zebra Technologies Corporation [ZBRA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ZBRA shares is $247.43 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ZBRA stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Northcoast have made an estimate for Zebra Technologies Corporation shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 30, 2020. While these analysts kept the previous recommendation, JP Morgan raised their target price from $245 to $250. The new note on the price target was released on April 30, 2020, representing the official price target for Zebra Technologies Corporation stock. Previously, the target price had yet another raise from $230 to $250, while Needham kept a Buy rating on ZBRA stock. On March 19, 2020, analysts decreased their price target for ZBRA shares from 275 to 230.
The Average True Range (ATR) for Zebra Technologies Corporation is set at 9.30, with the Price to Sales ratio for ZBRA stock in the period of the last 12 months amounting to 3.11. The Price to Book ratio for the last quarter was 8.23, with the Price to Cash per share for the same quarter was set at 0.46. Price to Free Cash Flow for ZBRA in the course of the last twelve months was 20.12 with Quick ratio for the last quarter at 0.50.
ZBRA stock trade performance evaluation
Zebra Technologies Corporation [ZBRA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.35. With this latest performance, ZBRA shares gained by 9.49% in over the last four-week period, additionally plugging by 3.52% over the last 6 months – not to mention a rise of 31.47% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ZBRA stock in for the last two-week period is set at 58.55, with the RSI for the last a single of trading hit 55.23, and the three-weeks RSI is set at 57.68 for Zebra Technologies Corporation [ZBRA]. The present Moving Average for the last 50 days of trading for this stock 237.45, while it was recorded at 262.67 for the last single week of trading, and 227.78 for the last 200 days.
Zebra Technologies Corporation [ZBRA]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Zebra Technologies Corporation [ZBRA] shares currently have an operating margin of +15.35 and a Gross Margin at +44.00. Zebra Technologies Corporation’s Net Margin is presently recorded at +12.24.
Return on Total Capital for ZBRA is now 22.10, given the latest momentum, and Return on Invested Capital for the company is 18.80. Return on Equity for this stock inclined to 34.28, with Return on Assets sitting at 12.02. When it comes to the capital structure of this company, Zebra Technologies Corporation [ZBRA] has a Total Debt to Total Equity ratio set at 76.45. Additionally, ZBRA Total Debt to Total Capital is recorded at 43.33, with Total Debt to Total Assets ending up at 29.85. Long-Term Debt to Equity for the company is recorded at 64.17, with the Long-Term Debt to Total Capital now at 36.36.
Reflecting on the efficiency of the workforce at the company, Zebra Technologies Corporation [ZBRA] managed to generate an average of $66,341 per employee. Receivables Turnover for the company is 7.47 with a Total Asset Turnover recorded at a value of 0.98.Zebra Technologies Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.50 and a Current Ratio set at 0.80.
Earnings per share (EPS) analysis for Zebra Technologies Corporation [ZBRA] stock
With the latest financial reports released by the company, Zebra Technologies Corporation posted 3.02/share EPS, while the average EPS was predicted by analysts to be reported at 2.89/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 4.50%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ZBRA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Zebra Technologies Corporation go to 10.00%.
Zebra Technologies Corporation [ZBRA]: Insider Ownership positions
There are presently around $12,502 million, or 91.60% of ZBRA stock, in the hands of institutional investors. The top three institutional holders of ZBRA stocks are: VANGUARD GROUP INC with ownership of 6,350,893, which is approximately 2.253% of the company’s market cap and around 0.90% of the total institutional ownership; BLACKROCK INC., holding 3,748,582 shares of the stock with an approximate value of $991.16 million in ZBRA stocks shares; and FMR LLC, currently with $825.99 million in ZBRA stock with ownership of nearly -11.582% of the company’s market capitalization.
Positions in Zebra Technologies Corporation stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 274 institutional holders increased their position in Zebra Technologies Corporation [NASDAQ:ZBRA] by around 5,837,877 shares. Additionally, 324 investors decreased positions by around 5,829,615 shares, while 76 investors held positions by with 35,613,433 shares. The mentioned changes placed institutional holdings at 47,280,925 shares, according to the latest SEC report filing. ZBRA stock had 66 new institutional investments in for a total of 1,767,946 shares, while 111 institutional investors sold positions of 629,233 shares during the same period.