Zebra Technologies (ZBRA) Receives Coverage Optimism Score of 0.17

News headlines about Zebra Technologies (NASDAQ:ZBRA) have been trending somewhat positive on Sunday, according to Accern Sentiment. The research firm scores the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Zebra Technologies earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave headlines about the industrial products company an impact score of 45.5573440817972 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the news headlines that may have effected Accern’s rankings:

Shares of ZBRA stock traded down $0.06 during trading on Friday, reaching $141.24. 330,739 shares of the company’s stock traded hands, compared to its average volume of 352,064. The stock has a market capitalization of $7,539.87, a P/E ratio of 22.07, a PEG ratio of 2.17 and a beta of 1.45. The company has a current ratio of 1.06, a quick ratio of 0.61 and a debt-to-equity ratio of 2.61. Zebra Technologies has a 1 year low of $87.27 and a 1 year high of $148.71.

Zebra Technologies (NASDAQ:ZBRA) last announced its quarterly earnings results on Thursday, February 22nd. The industrial products company reported $2.33 EPS for the quarter, beating the Zacks’ consensus estimate of $2.12 by $0.21. The company had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $984.33 million. Zebra Technologies had a net margin of 0.46% and a return on equity of 42.96%. Zebra Technologies’s revenue was up 8.9% compared to the same quarter last year. During the same period in the prior year, the company posted $1.93 EPS. equities analysts predict that Zebra Technologies will post 8.68 EPS for the current year.

A number of research analysts have weighed in on the stock. Barrington Research boosted their target price on shares of Zebra Technologies to $150.00 and gave the company an “outperform” rating in a research note on Friday, February 23rd. Northcoast Research set a $162.00 target price on shares of Zebra Technologies and gave the company a “buy” rating in a research note on Friday, February 23rd. Wells Fargo reiterated a “market perform” rating and issued a $140.00 target price (up from $112.00) on shares of Zebra Technologies in a research note on Tuesday, February 27th. BidaskClub upgraded shares of Zebra Technologies from a “sell” rating to a “hold” rating in a research note on Saturday, January 6th. Finally, ValuEngine cut shares of Zebra Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, January 10th. Three equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $139.89.

In related news, CEO Anders Gustafsson sold 42,557 shares of the company’s stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $141.26, for a total transaction of $6,011,601.82. Following the sale, the chief executive officer now directly owns 311,338 shares in the company, valued at approximately $43,979,605.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Jim L. Kaput sold 4,884 shares of the company’s stock in a transaction that occurred on Wednesday, March 7th. The shares were sold at an average price of $145.24, for a total transaction of $709,352.16. Following the sale, the senior vice president now owns 23,374 shares in the company, valued at $3,394,839.76. The disclosure for this sale can be found here. Insiders have sold a total of 56,780 shares of company stock worth $8,029,513 over the last 90 days. 2.40% of the stock is currently owned by corporate insiders.

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About Zebra Technologies

Zebra Technologies Corporation, together with its subsidiaries, designs, manufactures, and sells a range of automatic identification and data capture (AIDC) products worldwide. It offers AIDC products, including mobile computers, barcode scanners, radio frequency identification device readers, specialty printers for barcode labeling and personal identification, and real-time location systems; related accessories and supplies, such as self-adhesive labels and other consumables; and software utilities and applications.

Insider Buying and Selling by Quarter for Zebra Technologies (NASDAQ:ZBRA)

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