$2.87 Earnings Per Share Expected for Zebra Technologies (ZBRA) This Quarter

Brokerages expect Zebra Technologies (NASDAQ:ZBRA) to report $2.87 earnings per share for the current quarter, according to Zacks Investment Research. Five analysts have issued estimates for Zebra Technologies’ earnings, with the highest EPS estimate coming in at $2.95 and the lowest estimate coming in at $2.80. Zebra Technologies posted earnings per share of $2.56 in the same quarter last year, which indicates a positive year-over-year growth rate of 12.1%. The company is expected to issue its next earnings report on Tuesday, May 14th.

On average, analysts expect that Zebra Technologies will report full year earnings of $12.48 per share for the current fiscal year, with EPS estimates ranging from $12.32 to $12.82. For the next fiscal year, analysts forecast that the business will post earnings of $13.25 per share, with EPS estimates ranging from $12.82 to $13.85. Zacks’ earnings per share calculations are a mean average based on a survey of analysts that cover Zebra Technologies.

Zebra Technologies (NASDAQ:ZBRA) last announced its quarterly earnings results on Thursday, February 14th. The industrial products company reported $3.10 EPS for the quarter, beating the 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 company had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter last year, the company posted $2.33 earnings per share. The company’s revenue for the quarter was up 10.8% compared to the same quarter last year.

Several equities analysts have commented on ZBRA shares. Wellington Shields upgraded Zebra Technologies from a “hold” rating to a “buy” rating in a report on Thursday, December 27th. BidaskClub upgraded Zebra Technologies from a “buy” rating to a “strong-buy” rating in a report on Friday, February 8th. Zacks Investment Research downgraded Zebra Technologies from a “buy” rating to a “hold” rating in a report on Saturday, January 12th. Needham & Company LLC reiterated a “buy” rating and set a $215.00 price target (up previously from $192.00) on shares of Zebra Technologies in a report on Friday, February 15th. They noted that the move was a valuation call. Finally, Berenberg Bank started coverage on Zebra Technologies in a report on Thursday, March 7th. They set a “buy” rating and a $250.00 price target on the stock. One investment analyst has rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company. Zebra Technologies currently has a consensus rating of “Buy” and an average target price of $215.00.

Shares of ZBRA stock opened at $209.53 on Wednesday. Zebra Technologies has a 12 month low of $130.79 and a 12 month high of $219.39. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.49 and a current ratio of 0.89. The company has a market cap of $11.29 billion, a price-to-earnings ratio of 20.48 and a beta of 1.45.

In other news, SVP Michael H. Terzich sold 1,076 shares of the stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $207.91, for a total value of $223,711.16. Following the completion of the sale, the senior vice president now directly owns 41,345 shares of the company’s stock, valued at $8,596,038.95. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Anders Gustafsson sold 28,027 shares of the stock in a transaction that occurred on Monday, February 25th. The shares were sold at an average price of $205.77, for a total value of $5,767,115.79. Following the completion of the sale, the chief executive officer now directly owns 359,830 shares of the company’s stock, valued at $74,042,219.10. The disclosure for this sale can be found here. Insiders sold 114,894 shares of company stock valued at $23,721,363 over the last three months. 2.30% of the stock is owned by company insiders.

Institutional investors and hedge funds have recently bought and sold shares of the company. Oppenheimer & Co. Inc. bought a new stake in shares of Zebra Technologies in the fourth quarter valued at approximately $812,000. LPL Financial LLC lifted its position in Zebra Technologies by 23.3% in the third quarter. LPL Financial LLC now owns 3,533 shares of the industrial products company’s stock worth $625,000 after purchasing an additional 668 shares during the period. Robecosam AG lifted its position in Zebra Technologies by 7.9% in the fourth quarter. Robecosam AG now owns 11,022 shares of the industrial products company’s stock worth $1,719,000 after purchasing an additional 806 shares during the period. Nordea Investment Management AB lifted its position in Zebra Technologies by 31.5% in the third quarter. Nordea Investment Management AB now owns 28,990 shares of the industrial products company’s stock worth $5,125,000 after purchasing an additional 6,947 shares during the period. Finally, Public Employees Retirement System of Ohio lifted its position in Zebra Technologies by 2.8% in the fourth quarter. Public Employees Retirement System of Ohio now owns 313,960 shares of the industrial products company’s stock worth $49,992,000 after purchasing an additional 8,487 shares during the period. 87.51% of the stock is owned by institutional investors.

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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Earnings History and Estimates for Zebra Technologies (NASDAQ:ZBRA)

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