Zebra Technologies Corp. (NASDAQ:ZBRA) was the target of some unusual options trading on Thursday. Traders acquired 1,249 call options on the stock. This represents an increase of approximately 1,543% compared to the average volume of 76 call options.
A number of analysts have recently commented on ZBRA shares. Zacks Investment Research upgraded Zebra Technologies from a “hold” rating to a “buy” rating and set a $123.00 target price on the stock in a research note on Thursday, October 12th. Robert W. Baird restated a “buy” rating and issued a $125.00 target price on shares of Zebra Technologies in a research note on Friday, November 10th. BidaskClub upgraded Zebra Technologies from a “sell” rating to a “hold” rating in a research note on Saturday, January 6th. Northcoast Research upgraded Zebra Technologies from a “neutral” rating to a “buy” rating in a research note on Tuesday, October 31st. Finally, Wellington Shields upgraded Zebra Technologies from a “hold” rating to a “buy” rating in a research note on Wednesday, November 8th. Four equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $114.63.
In other news, SVP Michael Cho sold 1,000 shares of the company’s stock in a transaction dated Thursday, November 30th. The stock was 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Frank Blaise Modruson bought 1,540 shares of the stock in a transaction dated Thursday, November 9th. The stock was bought at an average price of $103.88 per share, for a total transaction of $159,975.20. Following the purchase, the director now directly owns 12,556 shares of the company’s stock, valued at $1,304,317.28. The disclosure for this purchase can be found here. 2.40% of the stock is currently owned by insiders.
Zebra Technologies (ZBRA) opened at $123.15 on Tuesday. The stock has a market capitalization of $6,550.00, a P/E ratio of 216.05, a price-to-earnings-growth ratio of 2.21 and a beta of 1.59. The company has a current ratio of 1.22, a quick ratio of 0.74 and a debt-to-equity ratio of 3.01. Zebra Technologies has a 1 year low of $81.02 and a 1 year high of $123.66.
Zebra Technologies (NASDAQ:ZBRA) last issued its quarterly earnings results on Tuesday, November 7th. The industrial products company reported $1.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.73 by $0.14. The company had revenue of $935.00 million for the quarter, compared to the consensus estimate of $914.98 million. Zebra Technologies had a return on equity of 41.17% and a net margin of 0.82%. Zebra Technologies’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.43 earnings per share. equities analysts forecast that Zebra Technologies will post 6.37 EPS for the current fiscal year.
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Zebra Technologies Company Profile
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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