Empowered Funds LLC and
Sei Investments Co. have recently increased their holdings in
Zebra Technologies Co. (NASDAQ:ZBRA) by buying 144 and 2,606 shares respectively. This is a positive sign, although two corporations,
Mitsubishi UFJ Trust & Banking Corp and
Swiss National Bank, did reduce their stake in Zebra. Besides, several portfolio management firms are retaining
ZBRA stock in their portfolio, indicating its potential value. The corporation's Q1 earnings outstripped expectations, signaling an improved outlook. Despite having missed analyst expectations for Q1 2024 due to market softness, Zebra's stock soared and even hit a new 52-week high of $330.30. Wall Street analysts remain optimistic, with the suggestion that the stock could reach up to $312. However, with a sharp Q4 sales and earnings slump and cautious outlook from Zebra, its stocks underperformed against competitors. The company's return on capital isn’t reflecting well on the business. Analysts have also stated that the company has had a mixed bag of fundamentals, which could affect its current share price momentum.
Zebra Technologies Stocks ZBRA News Analytics from Thu, 04 Jun 2015 21:36:21 GMT to Sun, 21 Jul 2024 17:19:25 GMT -
Rating 4
- Innovation 3
- Information 8
- Rumor -3
