TheStreet lowered shares of Zebra Systems (NASDAQ:ZBRA – Get Score) from a b- rating to a c+ ranking in a study report despatched to investors on Monday, TheStreetRatingsTable stories.
ZBRA has been the matter of a quantity of other reports. StockNews.com downgraded Zebra Systems from a purchase score to a keep ranking in a analysis take note on Thursday, June 9th. Needham & Organization LLC lowered their cost focus on on Zebra Technologies from $535.00 to $500.00 in a research be aware on Wednesday, May 4th. Robert W. Baird lessened their cost concentrate on on Zebra Technologies from $550.00 to $440.00 in a research note on Wednesday, Could 4th. Morgan Stanley upgraded Zebra Systems from an underweight score to an equivalent fat score and decreased their price tag goal for the enterprise from $400.00 to $335.00 in a investigation take note on Monday, Could 23rd. Ultimately, UBS Team lowered their price focus on on Zebra Technologies to $540.00 in a research observe on Friday, June 3rd. Two equities analysis analysts have rated the inventory with a keep ranking and 6 have assigned a invest in rating to the company. According to details from MarketBeat.com, the inventory presently has an typical rating of Average Get and an average concentrate on selling price of $502.50.
Shares of ZBRA opened at $298.33 on Monday. The company has a financial debt-to-equity ratio of .31, a speedy ratio of .61 and a present ratio of .87. Zebra Systems has a 1 yr low of $287.93 and a 1 12 months higher of $615.00. The inventory has a current market capitalization of $15.67 billion, a PE ratio of 19.70 and a beta of 1.61. The stock has a 50-day very simple going average of $331.84 and a 200-day simple going ordinary of $423.98.
Zebra Technologies (NASDAQ:ZBRA – Get Ranking) previous issued its earnings final results on Tuesday, May well 3rd. The industrial goods firm documented $3.76 earnings for each share for the quarter, topping the consensus estimate of $3.48 by $.28. The organization had revenue of $1.43 billion for the quarter, as opposed to analyst estimates of $1.37 billion. Zebra Systems had a return on fairness of 31.20% and a web margin of 14.25%. The business’s quarterly income was up 6.3% on a 12 months-above-yr basis. Through the exact same quarter final 12 months, the organization earned $4.47 EPS. Analysts forecast that Zebra Technologies will article 17.85 EPS for the present yr.
Zebra Technologies declared that its board has accepted a stock buyback approach on Tuesday, May perhaps 17th that makes it possible for the business to repurchase $1.00 billion in shares. This repurchase authorization will allow the industrial items firm to purchase up to 5.8% of its inventory by means of open market purchases. Stock repurchase programs are generally a signal that the company’s administration believes its stock is undervalued.
Institutional investors have a short while ago added to or lowered their stakes in the stock. Gateway Advisory LLC elevated its stake in Zebra Systems by 3.9% in the course of the fourth quarter. Gateway Advisory LLC now owns 558 shares of the industrial items company’s inventory worthy of $332,000 just after attaining an supplemental 21 shares all through the previous quarter. Wedbush Securities Inc. elevated its stake in Zebra Systems by .5% through the fourth quarter. Wedbush Securities Inc. now owns 4,923 shares of the industrial products company’s stock really worth $2,930,000 following acquiring an more 23 shares throughout the very last quarter. Quadrant Capital Team LLC improved its stake in Zebra Systems by 17.4% during the fourth quarter. Quadrant Funds Team LLC now owns 162 shares of the industrial merchandise company’s stock truly worth $96,000 following getting an added 24 shares through the very last quarter. Clarius Team LLC greater its stake in Zebra Technologies by 5.2% for the duration of the fourth quarter. Clarius Team LLC now owns 486 shares of the industrial merchandise company’s stock value $289,000 immediately after buying an further 24 shares in the course of the past quarter. Ultimately, Bay Colony Advisory Team Inc d b a Bay Colony Advisors greater its stake in Zebra Technologies by 2.8% all through the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 915 shares of the industrial solutions company’s inventory truly worth $545,000 after acquiring an further 25 shares through the previous quarter. Hedge money and other institutional traders individual 85.30% of the company’s stock.
About Zebra Systems (Get Ranking)
Zebra Systems Company, alongside one another with its subsidiaries, offers organization asset intelligence answers in the automatic identification and information capture answers market around the world. It operates in two segments, Asset Intelligence & Monitoring and Company Visibility & Mobility. The corporation types, manufactures, and sells printers, which create labels, wristbands, tickets, receipts, and plastic playing cards dye-sublimination thermal card printers, which make photographs which are employed for particular identification, accessibility management, and money transactions RFID printers that encode data into passive RFID transponders components and options for our printers, which includes car mounts and battery chargers inventory and custom made thermal labels, receipts, ribbons, plastic playing cards, and RFID tags for printers and temperature-checking labels primarily used in vaccine distribution.
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