Zebra Technologies (NASDAQ:ZBRA) Shares Gap Up on Strong Earnings

Zebra Technologies Corporation (NASDAQ:ZBRA)’s share price gapped up before the market opened on Tuesday following a stronger than expected earnings report. The stock had previously closed at $216.96, but opened at $248.94. Zebra Technologies shares last traded at $250.4180, with a volume of 544,340 shares trading hands.

The industrial products company reported $4.75 EPS for the quarter, topping analysts’ consensus estimates of $4.21 by $0.54. The company had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.48 billion. Zebra Technologies had a net margin of 7.76% and a return on equity of 18.09%. Zebra Technologies’s quarterly revenue was up 14.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $4.02 EPS. Zebra Technologies has set its FY 2026 guidance at 18.300-18.700 EPS.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on ZBRA. Robert W. Baird lowered their price objective on Zebra Technologies from $350.00 to $300.00 and set an “outperform” rating on the stock in a report on Monday, March 30th. Barclays cut their target price on Zebra Technologies from $351.00 to $330.00 and set an “overweight” rating for the company in a research note on Friday, February 13th. Morgan Stanley set a $323.00 price target on Zebra Technologies in a report on Thursday, February 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Zebra Technologies in a report on Wednesday, January 21st. Finally, UBS Group reiterated a “buy” rating and issued a $335.00 price objective on shares of Zebra Technologies in a research report on Friday, February 13th. Five equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $321.38.

Insiders Place Their Bets

In other Zebra Technologies news, insider Cristen L. Kogl sold 145 shares of the stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $235.71, for a total value of $34,177.95. Following the completion of the transaction, the insider directly owned 23,687 shares of the company’s stock, valued at approximately $5,583,262.77. This trade represents a 0.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.91% of the company’s stock.

Institutional Investors Weigh In On Zebra Technologies

Institutional investors and hedge funds have recently modified their holdings of the company. Brown Advisory Inc. raised its stake in shares of Zebra Technologies by 2.1% during the 2nd quarter. Brown Advisory Inc. now owns 1,787 shares of the industrial products company’s stock worth $551,000 after buying an additional 36 shares during the last quarter. Empowered Funds LLC increased its holdings in Zebra Technologies by 1.7% during the 4th quarter. Empowered Funds LLC now owns 2,385 shares of the industrial products company’s stock valued at $579,000 after acquiring an additional 40 shares in the last quarter. New York Life Investment Management LLC increased its holdings in Zebra Technologies by 0.6% during the 4th quarter. New York Life Investment Management LLC now owns 6,972 shares of the industrial products company’s stock valued at $1,693,000 after acquiring an additional 42 shares in the last quarter. Gulf International Bank UK Ltd raised its position in Zebra Technologies by 1.5% during the fourth quarter. Gulf International Bank UK Ltd now owns 2,789 shares of the industrial products company’s stock worth $677,000 after acquiring an additional 42 shares during the last quarter. Finally, Profund Advisors LLC raised its position in Zebra Technologies by 5.4% during the third quarter. Profund Advisors LLC now owns 893 shares of the industrial products company’s stock worth $265,000 after acquiring an additional 46 shares during the last quarter. Institutional investors and hedge funds own 91.03% of the company’s stock.

Zebra Technologies Stock Up 18.4%

The company has a market cap of $12.63 billion, a PE ratio of 31.61 and a beta of 1.62. The company has a quick ratio of 0.58, a current ratio of 0.97 and a debt-to-equity ratio of 0.66. The firm’s fifty day simple moving average is $217.85 and its 200-day simple moving average is $241.45.

About Zebra Technologies

Zebra Technologies Corporation is a global technology company specializing in marking, tracking and computer printing solutions. The company produces a wide range of hardware and software products designed to enable real-time visibility of assets, inventory and personnel across diverse industries. Its offerings help businesses automate data capture and streamline operations in environments such as retail, healthcare, manufacturing, transportation and logistics.

The company’s product portfolio includes barcode and RFID printers, mobile computing devices, barcode scanners, RFID readers and related supplies such as labels and tags.