Zebra Technologies Corporation’s Stock Price Soars to $292.53, Marking a Robust 5.40% Increase

Zebra Technologies Corporation (ZBRA)

292.53 USD +15.00 (+5.40%) Volume: 0.67M

Zebra Technologies Corporation’s stock price is currently standing at 292.53 USD, reflecting a positive change of +5.40% in today’s trading session. With a robust trading volume of 0.67M and a year-to-date performance increase of +7.02%, ZBRA’s stock continues to exhibit strong market performance.

Latest developments on Zebra Technologies Corporation

Zebra Technologies Corp. Cl A stock has been outperforming competitors on a strong trading day, a reflection of the company’s robust market position. This surge in stock price comes ahead of Zebra Technologies’ Innovation Day, set to take place on May 14. The tech firm is also scheduled to release its quarterly earnings on Tuesday, a pivotal event that market watchers believe could further influence the trajectory of the company’s stock.

Zebra Technologies Corporation on Smartkarma

Analysts at Baptista Research on Smartkarma have published two research reports on Zebra Technologies Corp. The first report titled “Zebra Technologies: Embedding Value Through Customized Solutions! – Major Drivers” leans bullish on the company despite a significant decline in sales, adjusted EBITDA margin, and non-GAAP diluted earnings per share for 2023. The report highlights that all product categories experienced declines, but services and software remained a bright spot in terms of revenue.

The second report by Baptista Research, titled “Zebra Technologies: The New Enterprise-Grade Mobile Payment Solution Could Elevate Them To A Whole New Level! – Key Drivers,” also leans bullish on Zebra Technologies Corp. Despite a 30% decline in sales and a contraction in adjusted EBITDA margin, the company introduced Zebra Pay, a mobile payment system aimed at various industries. This innovative solution is expected to drive growth and elevate the company to a new level in the market.

A look at Zebra Technologies Corporation Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Zebra Technologies Corp has a mixed long-term outlook. While the company scores well in terms of momentum with a score of 4, indicating strong market performance, it falls short in areas such as dividend and resilience, with scores of 1 and 2 respectively. This suggests that Zebra Technologies Corp may not be the best choice for investors looking for steady income or companies that are able to weather economic downturns.

Zebra Technologies Corporation is a company that designs and manufactures a range of enterprise mobile computers, data capture devices, and specialty printers. With a value score of 3 and a growth score of 3, the company shows potential for growth and is considered to be fairly valued. However, investors should be cautious of the company’s lower scores in dividend and resilience, which may impact its long-term performance.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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