Zebra Technologies Corporation [ZBRA] stock is up 6.16 while the S&P 500 has risen 0.39% on Thursday, 11/19/20. While at the time of this article, ZBRA ATR is sitting at 12.12, with the beta value at 1.62. This stock’s volatility for the past week remained at 3.42%, while it was 3.36% for the past 30-day period. ZBRA has risen $20.81 from the previous closing price of $337.58 on volume of 1.18 million shares.

On 18, November 2020, Zebra Global Shopper Study: Pandemic Accelerates Technology Spending Plans for Six-in-10 Surveyed Retailers. According to news published on Yahoo Finance, More than 80 percent of decision-makers view smart checkout, workforce software and prescriptive analytics as key emerging technologies by 2025.

Analyst Birdseye View:

The most recent analyst activity for Zebra Technologies Corporation [NASDAQ:ZBRA] stock was on August 25, 2020, when it was Initiated with an Outperform rating from Wolfe Research, which also raised its 12-month price target on the stock to $309. Before that, on October 16, 2020, Stephens Recapitulated an Overweight rating and elevated its amount target to $375. On July 29, 2020, Needham Reiterated a Buy rating and boosted its price target on this stock from $295 to $302. On July 10, 2020, Needham Reiterated a Buy rating and increased its price target from $250 to $295. On April 30, 2020, Northcoast Downgrade a Neutral rating and increased its price target to $240. On April 30, 2020, JP Morgan Downgrade a Neutral rating and boosted its amount target on this stock to $250. On April 29, 2020, Needham Reiterated a Buy rating and boosted its target amount on this stock from $230 to $250. Needham elevated its amount target by recapitulating a higher weight for this stock.

In the past 52 weeks of trading, this stock has oscillated between a low of $150.06 and a peak of $362.58. Right now, the middling Wall Street analyst 12-month amount mark is $340.00. At the most recent market close, shares of Zebra Technologies Corporation [NASDAQ:ZBRA] were valued at $358.39. According to the average price forecast, investors can expect a potential return of 2.61%.

FUNDAMENTAL ANALYSIS

Zebra Technologies Corporation [NASDAQ:ZBRA] most recently reported quarterly sales of 1.14 billion, which represented growth of 0.20%. This publicly-traded organization’s revenue is $541,829 per employee, while its income is $66,341 per employee. This company’s Gross Margin is currently 44.50%, its Operating Margin is 14.00%, its Pretax Margin is +13.46, and its Net Margin is +12.24. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 12.02, 34.28, 22.10 and 18.80 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 43.33 and the whole liability to whole assets at 29.85. It shows enduring liability to the whole principal at 36.36 and enduring liability to assets at 0.25 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 338.41 points at 1st support level, the second support level is making up to 318.44. But as of 1st resistance point, this stock is sitting at 373.01 and at 387.64 for 2nd resistance point.

Zebra Technologies Corporation [ZBRA] reported its earnings at $3.27 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $2.81/share signifying the difference of 0.46 and 16.40% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $2.41 calling estimates for $2.28/share with the difference of 0.13 depicting the surprise of 5.70%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Zebra Technologies Corporation [NASDAQ:ZBRA] is 0.70. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.02. Now if looking for a valuation of this stock’s amount to sales ratio it’s 3.14, it’s amount to book ratio is 7.50 and showing 40.77 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by SMITH MICHAEL A, Director, and it was the sale of 3627.0 shares on Nov 09. Heel Joachim, the SVP, Global Sales, completed a sale of 3000.0 shares on Nov 09. On Nov 06, Kogl Cristen L, SVP, General Counsel & Secty, completed a sale of 705.0 shares.