Institutional Investor’s Anti-Zebra Technologies Corp (NASDAQ:ZBRA) Sentiment In Q1 2018

August 26, 2018 - By Mark Mitchell

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Sentiment for Zebra Technologies Corp (NASDAQ:ZBRA)

Zebra Technologies Corp (NASDAQ:ZBRA) institutional sentiment decreased to 1.09 in 2018 Q1. Its down -0.15, from 1.24 in 2017Q4. The ratio has dropped, as 146 active investment managers increased or opened new equity positions, while 134 sold and trimmed stakes in Zebra Technologies Corp. The active investment managers in our partner’s database now hold: 46.29 million shares, down from 46.52 million shares in 2017Q4. Also, the number of active investment managers holding Zebra Technologies Corp in their top 10 equity positions increased from 5 to 8 for an increase of 3. Sold All: 28 Reduced: 106 Increased: 76 New Position: 70.

Zebra Technologies Corporation, together with its subsidiaries, designs, makes, sells, and supports direct thermal and thermal transfer label printers, radio frequency identification printer/encoders, dye sublimation card printers, real-time locating solutions, related accessories, and support software worldwide. The company has market cap of $9.07 billion. The Company’s products are primarily used in automatic identification, data collection, and personal identification applications. It has a 53.78 P/E ratio. The firm also provides mobile computing and advanced data capture technologies and services, which include rugged and enterprise-grade mobile computers; laser, imaging, and radio frequency identification based data capture products; wireless LAN solutions and software; and applications that are associated with these services and products.

The stock decreased 0.06% or $0.1 during the last trading session, reaching $168.91. About 189,983 shares traded. Zebra Technologies Corporation (NASDAQ:ZBRA) has risen 45.77% since August 26, 2017 and is uptrending. It has outperformed by 33.20% the S&P500.

Analysts await Zebra Technologies Corporation (NASDAQ:ZBRA) to report earnings on November, 6. They expect $2.44 earnings per share, up 40.23 % or $0.70 from last year’s $1.74 per share. ZBRA’s profit will be $131.01M for 17.31 P/E if the $2.44 EPS becomes a reality. After $2.24 actual earnings per share reported by Zebra Technologies Corporation for the previous quarter, Wall Street now forecasts 8.93 % EPS growth.

Makaira Partners Llc holds 15.68% of its portfolio in Zebra Technologies Corporation for 989,576 shares. Goodnow Investment Group Llc owns 502,879 shares or 13.11% of their US portfolio. Moreover, New South Capital Management Inc has 7.42% invested in the company for 2.13 million shares. The Connecticut-based Westport Asset Management Inc has invested 3.97% in the stock. Skyline Asset Management Lp, a Illinois-based fund reported 187,800 shares.

Since January 1, 0001, it had 0 insider buys, and 14 insider sales for $12.07 million activity.

Zebra Technologies Corporation (NASDAQ:ZBRA) Ratings Coverage

Ratings analysis reveals 50% of Zebra Technologies’s analysts are positive. Out of 4 Wall Street analysts rating Zebra Technologies, 2 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $135 while the high is $16000. The stock’s average target of $153.33 is -9.22% below today’s ($168.91) share price. ZBRA was included in 5 notes of analysts from February 27, 2018. Wells Fargo maintained Zebra Technologies Corporation (NASDAQ:ZBRA) rating on Tuesday, February 27. Wells Fargo has “Market Perform” rating and $140 target. Morgan Stanley maintained it with “Equal-Weight” rating and $135 target in Wednesday, May 9 report. The stock of Zebra Technologies Corporation (NASDAQ:ZBRA) has “Equal-Weight” rating given on Wednesday, August 8 by Morgan Stanley. JP Morgan upgraded the stock to “Overweight” rating in Monday, March 26 report. On Monday, March 26 the stock rating was upgraded by J.P. Morgan to “Buy”.

More recent Zebra Technologies Corporation (NASDAQ:ZBRA) news were published by: Streetinsider.com which released: “Zebra Technologies (ZBRA) PT Rockets To $180 At Imperial” on August 10, 2018. Also Investorplace.com published the news titled: “3 Manufacturing Stocks to Buy Despite Trade War Concerns” on August 24, 2018. Gurufocus.com‘s news article titled: “Ken Heebner’s Top 5 Buys in 2nd Quarter” with publication date: August 20, 2018 was also an interesting one.

Zebra Technologies Corporation (NASDAQ:ZBRA) Institutional Positions Chart

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