Zebra Technologies (ZBRA) Receiving Somewhat Positive News Coverage, Report Finds

Media headlines about Zebra Technologies (NASDAQ:ZBRA) have trended somewhat positive this week, according to Accern. Accern ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Zebra Technologies earned a coverage optimism score of 0.21 on Accern’s scale. Accern also assigned news headlines about the industrial products company an impact score of 46.7291041050093 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:

Shares of Zebra Technologies (NASDAQ:ZBRA) traded up $1.98 during trading on Friday, hitting $123.15. 420,802 shares of the company traded hands, compared to its average volume of 281,899. Zebra Technologies has a 12-month low of $81.02 and a 12-month high of $123.66. The company has a current ratio of 1.22, a quick ratio of 0.74 and a debt-to-equity ratio of 3.01. The stock has a market capitalization of $6,550.23, a PE ratio of 19.80, a PEG ratio of 2.21 and a beta of 1.59.

Zebra Technologies (NASDAQ:ZBRA) last released its quarterly earnings data on Tuesday, November 7th. The industrial products company reported $1.87 earnings per share for the quarter, beating analysts’ consensus estimates of $1.73 by $0.14. Zebra Technologies had a net margin of 0.82% and a return on equity of 41.17%. The company had revenue of $935.00 million during the quarter, compared to analysts’ expectations of $914.98 million. During the same quarter in the previous year, the company earned $1.43 earnings per share. The firm’s revenue for the quarter was up 3.4% on a year-over-year basis. analysts predict that Zebra Technologies will post 6.37 earnings per share for the current fiscal year.

A number of equities analysts have recently issued reports on the stock. BidaskClub downgraded shares of Zebra Technologies from a “hold” rating to a “sell” rating in a research note on Friday, December 15th. Northcoast Research upgraded shares of Zebra Technologies from a “neutral” rating to a “buy” rating in a research note on Tuesday, October 31st. Zacks Investment Research upgraded shares of Zebra Technologies from a “hold” rating to a “buy” rating and set a $123.00 target price for the company in a research note on Thursday, October 12th. ValuEngine downgraded shares of Zebra Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday. Finally, Robert W. Baird reiterated a “buy” rating and set a $125.00 price objective on shares of Zebra Technologies in a research note on Friday, November 10th. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Zebra Technologies has an average rating of “Buy” and a consensus target price of $114.63.

In other Zebra Technologies news, Director Frank Blaise Modruson purchased 1,540 shares of the stock in a transaction that occurred on Thursday, November 9th. The shares were purchased at an average cost of $103.88 per share, for a total transaction of $159,975.20. Following the completion of the transaction, the director now owns 12,556 shares of the company’s stock, valued at approximately $1,304,317.28. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Michael Cho sold 1,000 shares of the business’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $110.15, for a total transaction of $110,150.00. Following the transaction, the senior vice president now owns 10,426 shares in the company, valued at $1,148,423.90. The disclosure for this sale can be found here. 2.40% of the stock is owned by insiders.

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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.

Insider Buying and Selling by Quarter for Zebra Technologies (NASDAQ:ZBRA)

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