With 0.57 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.47 million shares. The 52-week range on ZBRA shows that it touched its highest point at $427.76 and its lowest point at $266.75 during that stretch. It currently has a 1-year price target of $394.87. Beta for the stock currently stands at 1.68.
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 -1.62%, but this was down by -20.00% over a month. Three-month performance dropped to -18.56% while six-month performance fell -9.14%. The stock gained 16.18% in the past year, while it has lost -17.28% so far this year. A look at the trailing 12-month EPS for ZBRA yields 10.17 with Next year EPS estimates of 17.24. For the next quarter, that number is 3.62. This implies an EPS growth rate of 13.09% for this year and 12.76% for next year. EPS is expected to grow by 11.88% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 0.42%.
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. Based on analyst estimates, the high estimate for the next quarter is $3.95 and the low estimate is $3.22. The average estimate for the next quarter is thus $3.54.
