Last Updated: 19 Sep 2024
Executive Summary
Zebra Technologies Corporation (ZBRA) is a global leader in marking, tracking, and computer printing technologies. The company has a strong financial performance, with a market capitalization of $18.29 billion, EBITDA of $654 million, and EPS of $4.43. Zebra's stock price is currently trading at $351.83, which is below its 52-week high of $372.93. The company has a strong analyst rating, with four strong buy ratings, five buy ratings, and seven hold ratings.
Company Overview
Zebra Technologies Corporation is an American company that manufactures and sells marking, tracking, and computer printing technologies. Its products include thermal barcode label and receipt printers, RFID smart label printers/encoders/fixed & handheld readers/antennas, and card and kiosk printers that are used for barcode labeling, personal identification, and specialty printing, principally in the manufacturing, supply chain, retail, healthcare, and government sectors. The company has a global presence, with operations in over 100 countries.
Fundamental Analysis
Zebra Technologies Corporation has a strong financial performance. The company's revenue has grown steadily in recent years, from $3.9 billion in 2019 to $4.4 billion in 2022. The company's net income has also grown steadily, from $436 million in 2019 to $520 million in 2022. Zebra's gross profit margin is 59.9%, and its operating margin is 14.1%. The company's return on assets is 4.0%, and its return on equity is 7.3%.
Zebra Technologies Corporation has a strong balance sheet. The company has $1.2 billion in cash and cash equivalents, and $1.4 billion in total debt. The company's debt-to-equity ratio is 0.59.
Technical Analysis
Zebra Technologies Corporation's stock price is currently trading at $351.83, which is below its 52-week high of $372.93. The stock price has been in a downtrend since early 2023. The stock's 50-day moving average is $333.16, and its 200-day moving average is $295.24. The stock's relative strength index (RSI) is 42.5, which indicates that the stock is oversold.
Short Term Outlook
The technical analysis suggests that Zebra Technologies Corporation's stock price is likely to continue to decline in the short term. The stock is trading below its 50-day and 200-day moving averages, and its RSI is oversold. However, the company's fundamentals are strong, and the stock could rebound if the market sentiment improves.
Long Term Outlook
The long-term outlook for Zebra Technologies Corporation is positive. The company is a leader in a growing market, and it has a strong financial performance. The company's stock price is likely to appreciate over the long term as the company continues to grow its business.
Analyst Recommendations
The analysts who cover Zebra Technologies Corporation have a strong buy rating on the stock. The analysts believe that the company is a good long-term investment. The analysts have a target price of $369.14 for the stock, which represents a potential upside of 5.0% from the current price.
