Peeling Back The Layers: Exploring Zebra Technologies Through Analyst Insights
9 analysts have expressed a variety of opinions on Zebra Technologies (NASDAQ:ZBRA) over the past quarter, offering a diverse set of opinions from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 3 | 3 | 0 | 0 |
| Last 30D | 3 | 2 | 1 | 0 | 0 |
| 1M Ago | 0 | 1 | 1 | 0 | 0 |
| 2M Ago | 0 | 0 | 1 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $338.78, a high estimate of $380.00, and a low estimate of $292.00. This current average reflects an increase of 6.59% from the previous average price target of $317.83.
Diving into Analyst Ratings: An In-Depth Exploration
In examining recent analyst actions, we gain insights into how financial experts perceive Zebra Technologies. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Damian Karas | UBS | Raises | Buy | $368.00 | $340.00 |
| Tommy Moll | Stephens & Co. | Raises | Overweight | $380.00 | $335.00 |
| Jamie Cook | Truist Securities | Raises | Hold | $315.00 | $300.00 |
| Joseph Giordano | TD Cowen | Raises | Buy | $375.00 | $300.00 |
| Richard Eastman | Baird | Raises | Outperform | $330.00 | $312.00 |
| James Ricchiuti | Needham | Raises | Buy | $352.00 | $320.00 |
| Nigel Coe | Wolfe Research | Announces | Outperform | $337.00 | - |
| Tim Long | Barclays | Announces | Equal-Weight | $292.00 | - |
| Jamie Cook | Truist Securities | Announces | Hold | $300.00 | - |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Zebra Technologies. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Zebra Technologies compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Zebra Technologies's stock. This comparison reveals trends in analysts' expectations over time.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Zebra Technologies's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Zebra Technologies analyst ratings.
Delving into Zebra Technologies's Background
Zebra Technologies is a leading provider of automatic identification and data capture technology to enterprises. Its solutions include barcode printers and scanners, mobile computers, and workflow optimization software. The firm primarily serves the retail, transportation logistics, manufacturing, and healthcare markets, designing custom solutions to improve efficiency at its customers.
Zebra Technologies: Delving into Financials
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: Zebra Technologies's revenue growth over a period of 3 months has faced challenges. As of 31 December, 2023, the company experienced a revenue decline of approximately -32.87%. This indicates a decrease in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.
Net Margin: Zebra Technologies's net margin excels beyond industry benchmarks, reaching 1.68%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 0.56%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 0.23%, the company showcases effective utilization of assets.
Debt Management: Zebra Technologies's debt-to-equity ratio stands notably higher than the industry average, reaching 0.8. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
The Core of Analyst Ratings: What Every Investor Should Know
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.