With 0.52 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.73 million shares. The 52-week range on ZBRA shows that it touched its highest point at $427.76 and its lowest point at $205.73 during that stretch. It currently has a 1-year price target of $318.33. Beta for the stock currently stands at 1.73.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ZBRA was down-trending over the past week, with a drop of -2.03%, but this was up by 12.24% over a month. Three-month performance dropped to -34.58% while six-month performance fell -34.33%. The stock lost -19.78% in the past year, while it has lost -35.05% so far this year. A look at the trailing 12-month EPS for ZBRA yields 10.58 with Next year EPS estimates of 16.53. For the next quarter, that number is 3.30. This implies an EPS growth rate of 8.35% for this year and 12.81% for next year. EPS is expected to grow by 10.58% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 0.42%.
Float and Shares Shorts:
At present, 51.14 million ZBRA shares are outstanding with a float of 50.45 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ZBRA since 15 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 7 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $13.54569 being high and $13.41554 being low. For ZBRA, this leads to a yearly average estimate of $13.45559.
