Zebra Technologies Corp. (NASDAQ: ZBRA) – Suitable For Long Term Buy?

Currently, there are 51.38M common shares owned by the public and among those 51.15M shares have been available to trade.

The company’s stock has a 5-day price change of -1.77% and 10.58% over the past three months. ZBRA shares are trading 26.36% year to date (YTD), with the 12-month market performance up to 23.74% higher. It has a 12-month low price of $194.59 and touched a high of $372.93 over the same period. ZBRA has an average intraday trading volume of 339.77K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 3.15%, 5.84%, and 19.74% respectively.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Institutional ownership of Zebra Technologies Corp. (NASDAQ: ZBRA) shares accounts for 92.30% of the company’s 51.38M shares outstanding.

It has a market capitalization of $17.81B and a beta (3y monthly) value of 1.66. The stock’s trailing 12-month PE ratio is 77.83, while the earnings-per-share (ttm) stands at $4.44. The company has a PEG of 3.69 and a Quick Ratio of 0.84 with the debt-to-equity ratio at 0.72. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.70% over the week and 2.40% over the month.

Earnings per share for the fiscal year are expected to increase by 30.38%, and 21.39% over the next financial year. EPS should grow at an annualized rate of 21.10% over the next five years, compared to -5.89% over the past 5-year period.

Looking at the support for the ZBRA, a number of firms have released research notes about the stock. Vertical Research stated their Buy rating for the stock in a research note on July 23, 2024, with the firm’s price target at $375. Exane BNP Paribas coverage for the Zebra Technologies Corp. (ZBRA) stock in a research note released on June 13, 2024 offered a Neutral rating with a price target of $305. Wolfe Research was of a view on April 08, 2024 that the stock is Outperform, while Barclays gave the stock Equal Weight rating on April 02, 2024, issuing a price target of $292. Truist on their part issued Hold rating on March 14, 2024.

Most Popular

Related Posts