Zebra Technologies Co. (NASDAQ:ZBRA) has recently become a prime interest for investors. Various institutions have adjusted their holdings in the company, with some increasing their stakes, including
UBS Group AG and
Westfield Capital Management Co. LP, while others like
Orion Portfolio Solutions LLC and
Quadrant Capital Group LLC have reduced theirs. The company's current price target per analysts is pegged at
$312.27. Over the past five years, shareholders of Zebra have experienced a strong compound annual growth rate of 14% and there seems to be a consensus on the company's improving outlook. However, this doesn't make the stock immune from scepticism. Nevertheless, Zebra has been able to achieve Q2 earnings and revenue beats, while its stock reached a new 1-year high at $325.19.
Dimensional Fund Advisors LP recently increased its stake in the company. Zebra additionally reported a decline in Q1 earnings year over year, but its share price performance over time suggests that its fundamentals remain robust. The stock ended last month with an 11.5% loss. Overall, despite the swings, the potential of Zebra Technologies is still viewed as solid and growing.
Zebra Technologies Stocks ZBRA News Analytics from Tue, 01 Aug 2023 07:00:00 GMT to Thu, 30 May 2024 15:31:17 GMT -
Rating 5
- Innovation -2
- Rumor -5
