Truist Financial analyst Jamie Cook reiterated a Hold rating on Zebra Tech (ZBRA – Research Report) today. The company’s shares closed yesterday at $323.87.
According to TipRanks, Cook is a 5-star analyst with an average return of 12.4% and a 64.52% success rate. Cook covers the Industrials sector, focusing on stocks such as Agco, Cummins, and Parker Hannifin.
In addition to Truist Financial, Zebra Tech also received a Hold from KeyBanc’s Kenneth Newman in a report issued on May 1. However, today, Needham reiterated a Buy rating on Zebra Tech (NASDAQ: ZBRA).
ZBRA market cap is currently $16.65B and has a P/E ratio of 64.23.
Based on the recent corporate insider activity of 71 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ZBRA in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Zebra Tech (ZBRA) Company Description:
Zebra Technologies Corp. engages in designing, manufacturing and selling of automatic identification and data capture products. Its products include mobile computers, barcode scanners, radio frequency identification devices (RFID) readers, specialty printers for barcode labeling and personal identification, real-time location systems, accessories and supplies, such as self-adhesive labels and other consumables, and software utilities and applications. It also provides services such as maintenance, technical support, repair, managed and professional services, including cloud-based subscriptions. It operates through the following two segments: Asset Intelligence & Tracking (AIT) and Enterprise Visibility & Mobility (EVM). The AIT segment comprises of barcode and card printing, location solutions, supplies, and services. The EVM segment comprises of mobile computing, data capture, and RFID. The company was founded by Edward L. Kaplan and Gerhard Cless in 1969 and is headquartered in Lincolnshire, IL.
Read More on ZBRA:
- Zebra Tech Shareholders Elect New Director, Approve Key Proposals
- Zebra Technologies price target raised to $375 from $300 at TD Cowen
- Zebra Technologies price target raised to $330 from $312 at Baird
- Zebra Technologies price target raised to $380 from $335 at Stephens
- Zebra Technologies price target raised to $314 from $292 at Barclays
