Zebra Technologies (NASDAQ:ZBRA – Get Free Report) issued its earnings results on Tuesday. The industrial products company reported $3.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.48 by $0.70, Briefing.com reports. Zebra Technologies had a return on equity of 11.77% and a net margin of 5.28%. The business had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.18 billion. During the same quarter in the prior year, the firm earned $3.24 EPS. The business’s revenue for the quarter was up .2% compared to the same quarter last year.
Zebra Technologies Stock Down 2.5 %
Shares of Zebra Technologies stock opened at $342.58 on Friday. Zebra Technologies has a one year low of $194.59 and a one year high of $372.93. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.28 and a quick ratio of 0.56. The stock’s 50-day moving average is $315.94 and its 200 day moving average is $294.64. The firm has a market cap of $17.62 billion, a price-to-earnings ratio of 67.97 and a beta of 1.65.
Insider Activity at Zebra Technologies
In related news, insider Michael Cho sold 1,657 shares of the company’s stock in a transaction dated Tuesday, May 14th. The stock was sold at an average price of $320.51, for a total transaction of $531,085.07. Following the sale, the insider now owns 3,809 shares in the company, valued at approximately $1,220,822.59. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.06% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In
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Zebra Technologies Company Profile
Zebra Technologies Corporation, together with its subsidiaries, provides enterprise asset intelligence solutions in the automatic identification and data capture solutions industry worldwide. It operates in two segments, Asset Intelligence & Tracking, and Enterprise Visibility & Mobility. The company designs, manufactures, and sells printers that produce labels, wristbands, tickets, receipts, and plastic cards; dye-sublimination thermal card printers that produce images, which are used for personal identification, access control, and financial transactions; radio frequency identification device (RFID) printers that encode data into passive RFID transponders; accessories and options for printers, including carrying cases, vehicle mounts, and battery chargers; stock and customized thermal labels, receipts, ribbons, plastic cards, and RFID tags for printers; and temperature-monitoring labels primarily used in vaccine distribution.
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