Zebra Technologies (ZBRA) Projected to Post Earnings on Thursday

Zebra Technologies (NASDAQ:ZBRA) is expected to post its quarterly earnings results before the market opens on Thursday, February 20th. Analysts expect Zebra Technologies to post earnings of $3.85 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Zebra Technologies Stock Performance

NASDAQ:ZBRA opened at $352.92 on Thursday. Zebra Technologies has a twelve month low of $243.49 and a twelve month high of $427.76. The company has a current ratio of 1.37, a quick ratio of 0.96 and a debt-to-equity ratio of 0.61. The company has a 50-day moving average of $395.11 and a 200-day moving average of $374.13. The firm has a market cap of $18.20 billion, a price-to-earnings ratio of 48.02 and a beta of 1.63.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Truist Financial raised their price objective on shares of Zebra Technologies from $408.00 to $409.00 and gave the company a “hold” rating in a research report on Thursday, January 16th. Robert W. Baird raised their target price on shares of Zebra Technologies from $380.00 to $415.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Morgan Stanley raised their target price on shares of Zebra Technologies from $400.00 to $427.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 17th. UBS Group raised their target price on shares of Zebra Technologies from $390.00 to $445.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. Finally, Barclays increased their price target on shares of Zebra Technologies from $347.00 to $407.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 31st. Five research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $401.25.

About Zebra Technologies

Zebra Technologies Corporation, together with its subsidiaries, provides enterprise asset intelligence solutions in the automatic identification and data capture solutions industry worldwide. It operates in two segments, Asset Intelligence & Tracking, and Enterprise Visibility & Mobility. The company designs, manufactures, and sells printers that produce labels, wristbands, tickets, receipts, and plastic cards; dye-sublimination thermal card printers that produce images, which are used for personal identification, access control, and financial transactions; radio frequency identification device (RFID) printers that encode data into passive RFID transponders; accessories and options for printers, including carrying cases, vehicle mounts, and battery chargers; stock and customized thermal labels, receipts, ribbons, plastic cards, and RFID tags for printers; and temperature-monitoring labels primarily used in vaccine distribution.