In the past week, ZBRA stock has gone up by 7.14%, with a monthly gain of 0.39% and a quarterly surge of 13.83%. The volatility ratio for the week is 3.70%, and the volatility levels for the last 30 days are 2.73% for Zebra Technologies Corp. The simple moving average for the past 20 days is 1.38% for ZBRA’s stock, with a 13.60% simple moving average for the past 200 days.
Is It Worth Investing in Zebra Technologies Corp. (NASDAQ: ZBRA) Right Now?
The price-to-earnings ratio for Zebra Technologies Corp. (NASDAQ: ZBRA) is 51.14x, which is above its average ratio. Moreover, the 36-month beta value for ZBRA is 1.80. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 4 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for ZBRA is 50.99M and currently, short sellers hold a 2.70% of that float. On April 26, 2024, ZBRA’s average trading volume was 365.48K shares.
ZBRA) stock’s latest price update
Zebra Technologies Corp. (NASDAQ: ZBRA)’s stock price has plunge by 5.40relation to previous closing price of 277.53. Nevertheless, the company has seen a 7.14% surge in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-17 that Zebra Technologies (ZBRA) benefits from strength in the Asset Intelligence and Tracking segment. Its measures to reward its shareholders are encouraging.
Analysts’ Opinion of ZBRA
Many brokerage firms have already submitted their reports for ZBRA stocks, with Wolfe Research repeating the rating for ZBRA by listing it as a “Outperform.” The predicted price for ZBRA in the upcoming period, according to Wolfe Research is $337 based on the research report published on April 08, 2024 of the current year 2024.
Barclays, on the other hand, stated in their research note that they expect to see ZBRA reach a price target of $292. The rating they have provided for ZBRA stocks is “Equal Weight” according to the report published on April 02nd, 2024.
Truist gave a rating of “Hold” to ZBRA, setting the target price at $300 in the report published on March 14th of the current year.
ZBRA Trading at 2.93% from the 50-Day Moving Average
After a stumble in the market that brought ZBRA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.74% of loss for the given period.
Volatility was left at 2.73%, however, over the last 30 days, the volatility rate increased by 3.70%, as shares sank -2.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.01% upper at present.
During the last 5 trading sessions, ZBRA rose by +7.14%, which changed the moving average for the period of 200-days by -5.38% in comparison to the 20-day moving average, which settled at $288.21. In addition, Zebra Technologies Corp. saw 7.02% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ZBRA starting from O’Sullivan Colleen M, who sale 135 shares at the price of $279.36 back on Feb 23 ’24. After this action, O’Sullivan Colleen M now owns 5,543 shares of Zebra Technologies Corp., valued at $37,714 using the latest closing price.
Cho Michael, the Chief Strategy Officer of Zebra Technologies Corp., sale 1,457 shares at $272.67 during a trade that took place back on Feb 21 ’24, which means that Cho Michael is holding 3,688 shares at $397,280 based on the most recent closing price.
Stock Fundamentals for ZBRA
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.46 for the gross margin
The net margin for Zebra Technologies Corp. stands at 0.06. The total capital return value is set at 0.09. Equity return is now at value 10.26, with 3.99 for asset returns.
Based on Zebra Technologies Corp. (ZBRA), the company’s capital structure generated 0.43 points at debt to capital in total, while cash flow to debt ratio is standing at -0.0. The debt to equity ratio resting at 0.75. The interest coverage ratio of the stock is 19.92.
Currently, EBITDA for the company is 776.0 million with net debt to EBITDA at 2.7. When we switch over and look at the enterprise to sales, we see a ratio of 3.78. The receivables turnover for the company is 7.85for trailing twelve months and the total asset turnover is 0.63. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.05.
Conclusion
To wrap up, the performance of Zebra Technologies Corp. (ZBRA) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
