Press coverage about Zebra Technologies Corporation (NASDAQ:ZBRA) has been trending somewhat positive on Saturday, according to Accern. The research firm rates the sentiment of media coverage by reviewing more than 20 million blog and news 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 Corporation earned a coverage optimism score of 0.22 on Accern’s scale. Accern also gave press coverage about the industrial products company an impact score of 46.2786602409443 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:
- Zebra Technologies Corporation (ZBRA) Raised to Buy at Zacks Investment Research (americanbankingnews.com)
- Avera Health Presents Webinar on Improving Patient Outcomes with a Healthcare Communication Platform (itbusinessnet.com)
- Investigation for Investors in NASDAQ:ZBRA shares over potential Wrongdoing by certain directors of Zebra Technologies Corp. (openpr.com)
- Zebra Technologies Corporation (ZBRA) Receives Consensus Rating of “Hold” from Brokerages (americanbankingnews.com)
Zebra Technologies Corporation (ZBRA) opened at 109.79 on Friday. The stock has a 50 day moving average of $106.36 and a 200-day moving average of $101.20. The company’s market cap is $5.83 billion. Zebra Technologies Corporation has a 1-year low of $62.91 and a 1-year high of $112.53.
Zebra Technologies Corporation (NASDAQ:ZBRA) last posted its quarterly earnings results on Tuesday, August 8th. The industrial products company reported $1.51 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.34 by $0.17. The business had revenue of $897.00 million for the quarter, compared to analyst estimates of $876.90 million. Zebra Technologies Corporation had a negative net margin of 1.14% and a positive return on equity of 38.88%. The firm’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same quarter last year, the business posted $1.34 EPS. On average, equities research analysts predict that Zebra Technologies Corporation will post $6.67 earnings per share for the current year.
ZBRA has been the topic of a number of recent research reports. BidaskClub downgraded Zebra Technologies Corporation from a “strong-buy” rating to a “buy” rating in a report on Thursday, June 29th. Zacks Investment Research downgraded Zebra Technologies Corporation from a “buy” rating to a “hold” rating in a report on Thursday, July 20th. Needham & Company LLC reaffirmed a “buy” rating and set a $118.00 price objective (up from $107.00) on shares of Zebra Technologies Corporation in a report on Thursday, August 10th. Finally, Barrington Research reaffirmed an “outperform” rating and set a $125.00 price objective (up from $110.00) on shares of Zebra Technologies Corporation in a report on Tuesday, August 15th. Five analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Zebra Technologies Corporation currently has an average rating of “Buy” and a consensus target price of $104.29.
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In related news, CEO Anders Gustafsson sold 25,000 shares of the stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $106.04, for a total value of $2,651,000.00. Following the completion of the transaction, the chief executive officer now owns 295,116 shares of the company’s stock, valued at approximately $31,294,100.64. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP Hugh K. Gagnier sold 20,682 shares of the stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $106.42, for a total transaction of $2,200,978.44. Following the completion of the transaction, the senior vice president now directly owns 39,072 shares of the company’s stock, valued at approximately $4,158,042.24. The disclosure for this sale can be found here. Company insiders own 2.50% of the company’s stock.
Zebra Technologies Corporation 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.
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