Zebra Technologies Corporation’s Stock Price Soars to 314.56 USD, Registering a Robust 4.85% Increase

Zebra Technologies Corporation (ZBRA)

314.56 USD +14.55 (+4.85%) Volume: 0.91M

Zebra Technologies Corporation’s stock price is currently soaring at 314.56 USD, marking a positive session change of +4.85%. With a substantial trading volume of 0.91M and an impressive YTD growth of +15.08%, ZBRA’s stock continues to demonstrate strong market performance.

Latest developments on Zebra Technologies Corporation

Despite missing analyst expectations amid market softness, Zebra Technologies Corp (ZBRA) saw its stock price gain following the release of its Q1 2024 earnings report. The company’s Q1 earnings and revenues topped estimates, leading to an increase in its FY24 outlook. This positive news caused Zebra Technologies stock to soar by over 10%, with investors still waiting for a pullback. This upbeat forecast and the fact that the company’s first-quarter results beat estimates have contributed to the recent climb in Zebra Technologies’ stock price.

Zebra Technologies Corporation on Smartkarma

Top independent analysts on Smartkarma, like Baptista Research, have been closely following Zebra Technologies Corp. In their research report titled “Zebra Technologies: Embedding Value Through Customized Solutions! – Major Drivers,” they highlighted the company’s latest quarterly and year-end financial results for 2023. Despite facing broad-based softness across end markets and regions, Zebra Technologies reported sales of $1 billion, a 33% decline from the prior year. The company also saw a decrease in adjusted EBITDA margin and non-GAAP diluted earnings per share. However, services and software remained a bright spot in terms of revenue.

Another report by Baptista Research, titled “Zebra Technologies: The New Enterprise-Grade Mobile Payment Solution Could Elevate Them To A Whole New Level! – Key Drivers,” emphasized Zebra Technologies Corporation’s positive performance in the last quarter. With sales dropping to $956 million, a 30% decline from the previous year, the company introduced Zebra Pay, a mobile payment system targeting various industries like retail, hospitality, entertainment, and logistics. Despite the challenges faced, analysts remain bullish on Zebra Technologies’ potential for growth and innovation 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

According to Smartkarma Smart Scores, Zebra Technologies Corp has a positive long-term outlook overall. The company scores high in momentum, indicating a strong performance trend. Additionally, Zebra Technologies Corp has solid scores in value and growth, suggesting potential for future profitability and expansion. However, the company’s resilience score is lower, reflecting some potential vulnerabilities in the face of market challenges.

Zebra Technologies Corporation is a company that specializes in designing and manufacturing various enterprise mobile computers, data capture devices, and specialty printers. In terms of Smartkarma Smart Scores, the company scores well in momentum, value, and growth, indicating a positive outlook for the future. However, Zebra Technologies Corp‘s lower score in dividend and resilience suggests some areas for improvement in terms of stability and shareholder returns.

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.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

💡 Before it’s here, it’s on Smartkarma