Zebra Technologies Co. has experienced several noteworthy market movements, noted by entities such as Metis Global Partners LLC and M&T Bank Corp selling their shares, and Retirement Systems of Alabama and Russell Investments Group increasing their holdings. The company's improving financial outlook has resulted in their stocks rallying. There are concerns of movements being only temporary due to weak areas in its profile. Nevertheless, increased Q2 earnings and revenue show growth potential. Despite slight decreases in holdings by entities such as Amalgamated Bank and New York Life Investment Management, Zebra's stock remains of interest. Talk of a share price increase to $312 by a Wall Street analyst adds to this interest, despite a 7.6% weekly drop. The company's capital returns are causing some investor consternation, however, a predicted price target increase to $380 and a subsequent upgrade might ease concerns. The ratio of Zebra's earnings to its stock price seems undervalued by 30%, which could present a prime buying opportunity. News of insider buying reaching US$2.11m supports this claim. However, challenges remain concerning Zebra stagnancy in innovation and declines in earnings and revenues. However, the company has managed to exceed earnings and revenue estimates in Q1.
Zebra Technologies Stocks ZBRA News Analytics from Tue, 01 Aug 2023 07:00:00 GMT to Sun, 12 May 2024 10:56:05 GMT -
Rating +2
- Innovation -4
- Information +4
- Rumor -3
