Sidoti Analysts Begin Coverage on Zebra Technologies Corp. (ZBRA)

By admin | 6 years ago

Equities researchers at Sidoti assumed coverage on shares of Zebra Technologies Corp. (NASDAQ: ZBRA) in a report issued on Wednesday. The firm set a “buy” rating on the stock.

Shares of Zebra Technologies Corp. traded down 0.73% during mid-day trading on Wednesday, hitting $36.83. Zebra Technologies Corp. has a one year low of $28.20 and a one year high of $44.53. The company has a market cap of $1.910 billion and a P/E ratio of 13.83.

Zebra Technologies Corp. last issued its quarterly earnings data on Friday, April 27th. The company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.01. The company’s revenue for the quarter was up 2.8% on a year-over-year basis. On average, analysts predict that Zebra Technologies Corp. will post $0.71 earnings per share next quarter.

Zebra Technologies Corporation together with its wholly owned subsidiaries (collectively Zebra) designs, manufactures, sells and supports a range of direct thermal and thermal transfer label printers, radio frequency identification (RFID) printer/encoders, dye sublimation card printers, related accessories and support software.

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