For its second fiscal quarter (ending June 30), Zebra Technologies Corp. (NASDAQ: ZBRA) has reported E.P.S. of $2.19 compared to $2.80 a year ago. For the latest four quarters through June 30, E.P.S. were $4.47 versus $12.59 for the same period a year ago.
Recent Price Action
Zebra Technologies Corp. (NASDAQ: ZBRA) stock closed at $348.12 on 7/30/24 after a large increase of 3.9%. Moreover, this advance was accompanied by exceptionally high trading volume at 382% of normal. The stock has risen 6.6% during the last week and has been exceptionally strong relative to the market over the last nine months.
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 (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Zebra Technologies has a poor Appreciation Score of 25 but a good Power Rating of 82, resulting in the Neutral Value Trend Rating.
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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