Analysts Set Zebra Technologies Co. (NASDAQ:ZBRA) PT at $401.25

Zebra Technologies Co. (NASDAQ:ZBRA) has earned an average recommendation of “Moderate Buy” from the thirteen brokerages that are covering the company, Marketbeat.com reports. Five investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $401.25.

Several analysts have commented on the company. StockNews.com raised shares of Zebra Technologies from a “hold” rating to a “buy” rating in a report on Thursday, October 31st. Citigroup assumed coverage on Zebra Technologies in a research note on Tuesday, January 14th. They issued a “neutral” rating and a $430.00 price target on the stock. TD Cowen upped their price objective on Zebra Technologies from $380.00 to $425.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. Morgan Stanley raised their price objective 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. Finally, Barclays upped their target price on shares of Zebra Technologies from $347.00 to $407.00 and gave the company an “equal weight” rating in a report on Thursday, October 31st.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Point72 Asia Singapore Pte. Ltd. bought a new stake in Zebra Technologies in the second quarter worth $27,000. Sierra Ocean LLC bought a new stake in shares of Zebra Technologies in the 4th quarter worth about $28,000. Concord Wealth Partners purchased a new stake in shares of Zebra Technologies during the 3rd quarter valued at about $30,000. Fortitude Family Office LLC lifted its holdings in shares of Zebra Technologies by 159.5% in the 4th quarter. Fortitude Family Office LLC now owns 96 shares of the industrial products company’s stock valued at $37,000 after acquiring an additional 59 shares during the last quarter. Finally, Ameliora Wealth Management Ltd. purchased a new position in Zebra Technologies in the fourth quarter worth about $42,000. Hedge funds and other institutional investors own 91.03% of the company’s stock.

Zebra Technologies Stock Performance

Shares of ZBRA opened at $363.44 on Monday. Zebra Technologies has a 52 week low of $243.49 and a 52 week high of $427.76. The stock has a market cap of $18.75 billion, a P/E ratio of 49.45 and a beta of 1.63. The business’s 50 day moving average price is $398.05 and its 200-day moving average price is $372.78. The company has a quick ratio of 0.96, a current ratio of 1.37 and a debt-to-equity ratio of 0.61.

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.