Zebra Technologies Corp. (NASDAQ: ZBRA) has reported earnings for its third fiscal quarter (ending September 30) of $2.65 versus a loss $-0.28 for the same period a year ago — a decline of -1046%. E.P.S. were $7.41 for the latest four quarters through September 30 versus $9.03 for the same period a year ago — a decline of -18%.
Recent Price Action
Zebra Technologies Corp. (NASDAQ: ZBRA) stock closed at $384.68 on 10/29/24 after a very large increase of 5.8%. Moreover, exceptionally high trading volume at 396% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 3.2% during the last week.
Current PriceTarget Research Rating
ZBRA is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Zebra Technologies has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Zebra Technologies has a slightly negative Appreciation Score of 32 but a very high Power Rating of 89, with the High Neutral Value Trend Rating the result.
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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