Zebra Technologies Corp (NASDAQ: ZBRA) is 2.79% higher on its value in year-to-date trading and has touched a low of $233.95 and a high of $413.43 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ZBRA stock was last observed hovering at around $396.11 in the last trading session, with the day’s gains setting it 0.89%.
Currently trading at $397.00, the stock is 0.67% and 0.61% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.41 million and changing 0.22% at the moment leaves the stock 15.74% off its SMA200. ZBRA registered 52.05% gain for a year compared to 6-month gain of 22.60%. The firm has a 50-day simple moving average (SMA 50) of $394.6098 and a 200-day simple moving average (SMA200) of $343.012.
The stock witnessed a -3.01% loss in the last 1 month and extending the period to 3 months gives it a 7.60%, and is 2.79% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.25% over the week and 2.14% over the month.
Zebra Technologies Corp (ZBRA) has around 9750 employees, a market worth around $20.48B and $4.65B in sales. Current P/E ratio is 53.88 and Fwd P/E is 24.59. Profit margin for the company is 8.21%. Distance from 52-week low is 69.69% and -3.98% from its 52-week high. The company has generated returns on investments over the last 12 months (6.75%).
The EPS is expected to grow by 37.06% this year
1062.0 institutions hold shares in Zebra Technologies Corp (ZBRA), with institutional investors hold 92.63% of the company’s shares. The shares outstanding are 51.54M, and float is at 51.21M with Short Float at 1.06%. Institutions hold 91.92% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 6.09 million shares valued at $1.88 billion. The investor’s holdings represent 11.8573 of the ZBRA Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 4.87 million shares valued at $1.5 billion to account for 9.477 of the shares outstanding. The other top investors are APG ASSET MANAGEMENT N.V. which holds 2.18 million shares representing 4.2449 and valued at over $628.77 million, while STATE STREET CORP holds 4.0459 of the shares totaling 2.08 million with a market value of $642.29 million.
Zebra Technologies Corp (ZBRA) Insider Activity
The most recent transaction is an insider sale by O’Sullivan Colleen M, the company’s Chief Accounting Officer. SEC filings show that O’Sullivan Colleen M sold 190 shares of the company’s common stock on Nov 25 ’24 at a price of $399.89 per share for a total of $75979.0. Following the sale, the insider now owns 5914.0 shares.
Still, SEC filings show that on Nov 12 ’24, Cho Michael (Chief Strategy Officer) disposed off 298 shares at an average price of $400.95 for $0.12 million. The insider now directly holds 3,809 shares of Zebra Technologies Corp (ZBRA).
