For its first fiscal quarter (ending March 31), Zebra Technologies Corp. (NASDAQ: ZBRA) has reported a -23% decline in E.P.S. from $2.92 a year ago to $2.24 in the current quarter. This result fell short of the consensus estimate of $3.45 by $-1.21. E.P.S. were $5.08 for the latest four quarters through March 31 versus $7.92 for the same period a year ago — a decline of -36%.
Recent Price Action
Zebra Technologies Corp. (NASDAQ: ZBRA) stock enjoyed a large increase of 4.8% on 4/30/24. The stock closed at $314.56. Moreover, trading volume in this advance was exceptionally high at 264% of normal. The stock has been strong relative to the market over the last nine months and has risen 15.8% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, ZBRA is expected to continue to be a major Value Builder.
Zebra Technologies has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Zebra Technologies has a poor Appreciation Score of 24 but a slightly positive Power Rating of 66, and the Low Neutral Value Trend Rating results.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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