Trade-Ideas: Zebra Technologies Corporation (ZBRA) Is Today's New Lifetime High Stock

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified Zebra Technologies Corporation ( ZBRA) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Zebra Technologies Corporation as such a stock due to the following factors:

  • ZBRA has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $34.3 million.
  • ZBRA has traded 3,095 shares today.
  • ZBRA is trading at a new lifetime high.

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More details on ZBRA:

Zebra Technologies Corporation designs, manufactures, and sells various printers and related products. ZBRA has a PE ratio of 24.7. Currently there is 1 analyst that rates Zebra Technologies Corporation a buy, no analysts rate it a sell, and 4 rate it a hold.

The average volume for Zebra Technologies Corporation has been 230,100 shares per day over the past 30 days. Zebra has a market cap of $3.3 billion and is part of the industrial goods sector and industrial industry. The stock has a beta of 1.36 and a short float of 1.6% with 1.56 days to cover. Shares are up 21% year-to-date as of the close of trading on Monday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TheStreetRatings.com Analysis:

TheStreet Quant Ratings rates Zebra Technologies Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, growth in earnings per share and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

Highlights from the ratings report include:
  • ZBRA's revenue growth has slightly outpaced the industry average of 4.2%. Since the same quarter one year prior, revenues rose by 12.4%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • ZBRA has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. Along with this, the company maintains a quick ratio of 5.02, which clearly demonstrates the ability to cover short-term cash needs.
  • Investors have apparently begun to recognize positive factors similar to those we have mentioned in this report, including earnings growth. This has helped drive up the company's shares by a sharp 45.01% over the past year, a rise that has exceeded that of the S&P 500 Index. Regarding the stock's future course, although almost any stock can fall in a broad market decline, ZBRA should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.
  • ZEBRA TECHNOLOGIES CP has improved earnings per share by 20.6% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, ZEBRA TECHNOLOGIES CP increased its bottom line by earning $2.64 versus $2.35 in the prior year. This year, the market expects an improvement in earnings ($3.36 versus $2.64).
  • The gross profit margin for ZEBRA TECHNOLOGIES CP is rather high; currently it is at 52.01%. It has increased from the same quarter the previous year. Along with this, the net profit margin of 14.63% is above that of the industry average.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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