Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Zebra Technologies Corp. before investing.

In this article, we go over a few key elements for understanding Zebra Technologies Corp.’s stock price such as:

• Zebra Technologies Corp.’s current stock price and volume
• Why Zebra Technologies Corp.’s stock price changed recently
• Upgrades and downgrades for ZBRA from analysts
• ZBRA’s stock price momentum as measured by its relative strength

About Zebra Technologies Corp. (ZBRA)

Before we jump into Zebra Technologies Corp.’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Zebra Technologies Corporation is engaged in the Automatic Identification and Data Capture (AIDC) industry. The Company helps organizations monitor, anticipate, and accelerate workflows by empowering their frontline and ensuring that everyone and everything is visible, connected and fully optimized. It operates through two segments: Asset Intelligence & Tracking (AIT) and Enterprise Visibility & Mobility (EVM). The AIT segment is engaged in barcode printing and asset tracking technologies. Its major product lines include barcode and card printers, radio frequency identification devices (RFID) and real-time location systems (RTLS) offerings, and supplies, including temperature-monitoring labels, and services. The EVM segment is engaged in automatic information and data capture solutions. Its major product lines include mobile computing, data capture, fixed industrial scanning and machine vision, services, and workflow optimization solutions. It operates in about 122 facilities.

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Zebra Technologies Corp.’s Stock Price as of Market Close

As of April 25, 2024, 4:00 PM, CST, Zebra Technologies Corp.’s stock price was $292.53.

Zebra Technologies Corp. is up 5.4% from its previous closing price of $277.53.

During the last market session, Zebra Technologies Corp.’s stock traded between $274.24 and $280.92. Currently, there are 51.37 million shares of Zebra Technologies Corp. stock available for purchase.

Zebra Technologies Corp.’s price-earnings (P/E) ratio is currently at 48.5, which is high compared to the Electronic Equipment & Parts industry median of 21.3. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Zebra Technologies Corp. Stock Price History

Zebra Technologies Corp.’s (ZBRA) price is currently down 2.96% so far this month.

During the month of April, Zebra Technologies Corp.’s stock price has reached a high of $306.96 and a low of $266.75.

Over the last year, Zebra Technologies Corp. has hit prices as high as $320.55 and as low as $194.59. Year to date, Zebra Technologies Corp.’s stock is up 14.09%.

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What Caused Zebra Technologies Corp. Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of April 24, 2024, there was 1 analyst who downgraded Zebra Technologies Corp.’s stock and 2 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Zebra Technologies Corp.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Zebra Technologies Corp.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Zebra Technologies Corp.’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Zebra Technologies Corp. (ZBRA) by visiting AAII Stock Evaluator.

Relative Price Strength of Zebra Technologies Corp.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of April 24, 2024, Zebra Technologies Corp. has a weighted four-quarter relative price strength of -2.97%, which translates to a Momentum Score of 55 and is considered to be Average.

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Zebra Technologies Corp. Stock Price: Bottom Line

As of April 25, 2024, Zebra Technologies Corp.’s stock price is $292.53, which is up 5.4% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Zebra Technologies Corp. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.