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3 Long Term Growth Stocks3 Forgotten Undervalued Stocks: ZBRA Stock, MFC Stock and BBBY StockThis summary was created by AI, based on 1 opinions in the last 12 months.
Zebra Technologies Corp (ZBRA-Q) has demonstrated a positive performance in its recent earnings report, with an EPS of $1.71 surpassing estimates of $1.65 and revenue of $1 billion exceeding expectations by 1.3%. This uptick in revenue reflects a solid recovery from the low point in Q3, which indicates an improvement in channel inventories and suggests potential strength in future demand. Although the sales growth forecast for 2024 remains subdued, estimated between 1% and 3%, earnings are rebounding at a much quicker pace with enhanced margins and reduced tax liabilities. Experts are optimistic about the company's outlook and believe the recent price pop in the stock is warranted based on these encouraging trends.
ZBRA's share price has been falling alongside the market so far in September, but this has been somewhat exacerbated by a rating downgrade by Morgan Stanley. We do not feel that anything has fundamentally changed, and its weakness is similar to many names in today's market. It trades at a somewhat premium valuation, with a forward P/E of ~30X, and has decent margins, but sales growth has been somewhat muted recently and investors are likely trying to connect its premium valuation to sales growth. Earnings growth is expected to be strong in the coming years, and we like it for the industrial robotic side of things. We are comfortable with the name, especially for a long-term hold, but we might expect some further downside pressure as it retests its lows of ~$230.
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Likes the story, because e-commerce will continue to grow. Grew rapidly through Covid, and that growth is now being digested. Good time to buy. Company's not going away. Product needed, as it's all about logistics.
Integral to e-commerce. Grew rapidly through Covid. Key for inventory management. E-commerce is settling down, but isn't going away. Debt-free by end of year. Great story at these levels. Really well run.
Zebra Technologies Corp is a American stock, trading under the symbol ZBRA-Q on the NASDAQ (ZBRA). It is usually referred to as NASDAQ:ZBRA or ZBRA-Q
In the last year, 1 stock analyst published opinions about ZBRA-Q. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Zebra Technologies Corp.
Zebra Technologies Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Zebra Technologies Corp.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Zebra Technologies Corp In the last year. It is a trending stock that is worth watching.
On 2025-02-12, Zebra Technologies Corp (ZBRA-Q) stock closed at a price of $352.51.
EPS of $1.71 beat estimates of $1.65; revenue of $1B was 1.3% better than expected. The outlook was quite solid. Revenue has solidly improved from the Q3 bottom and channel inventories are lower, suggesting future demand strength. 2024 sales growth is still low (1% to 3%) but earnings are recovering much faster, with better margins and lower tax rates. We think the pop was justified.
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