Is Buying Stock Like Zebra Technologies Corp. Good Idea After Today’s Bullish Options Activity?

 Is Buying Stock Like Zebra Technologies Corp. Good Idea After Today's Bullish Options Activity?

In today’s session Zebra Technologies Corp. (ZBRA) registered an unusually high (984) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious ZBRA increase. With 984 contracts traded and 2654 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: ZBRA161216C00080000 closed last at: $1.75 or 59.1% up. About 218,247 shares traded hands. Zebra Technologies Corp. (NASDAQ:ZBRA) has risen 24.25% since April 25, 2016 and is uptrending. It has outperformed by 18.24% the S&P500.

Analysts await Zebra Technologies Corp. (NASDAQ:ZBRA) to report earnings on February, 23. They expect $1.60 EPS, up 11.89% or $0.17 from last year’s $1.43 per share. ZBRA’s profit will be $84.36M for 12.24 P/E if the $1.60 EPS becomes a reality. After $1.34 actual EPS reported by Zebra Technologies Corp. for the previous quarter, Wall Street now forecasts 19.40% EPS growth.

Zebra Technologies Corp. (NASDAQ:ZBRA) Ratings Coverage

Out of 7 analysts covering Zebra Tech (NASDAQ:ZBRA), 5 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 71% are positive. Zebra Tech has been the topic of 12 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The stock of Zebra Technologies Corp. (NASDAQ:ZBRA) has “Outperform” rating given on Tuesday, September 1 by Imperial Capital. The firm earned “Outperform” rating on Friday, May 13 by Barrington Research. The stock has “Outperform” rating given by Oppenheimer on Wednesday, August 12. The stock has “Outperform” rating given by Robert W. Baird on Wednesday, August 12. The firm earned “Overweight” rating on Monday, August 24 by Morgan Stanley. The firm has “Outperform” rating given on Wednesday, August 26 by Barrington Research. The company was downgraded on Wednesday, June 29 by Northcoast. The rating was maintained by Imperial Capital on Wednesday, December 9 with “Outperform”. As per Wednesday, June 8, the company rating was initiated by Goldman Sachs. On Monday, October 10 the stock rating was maintained by Imperial Capital with “Outperform”.

According to Zacks Investment Research, “Zebra Technologies Corporation and its wholly-owned subsidiaries design, manufacture and support a broad range of direct thermal and thermal transfer bar code label printers, receipt printers, instant-issuance plastic card printers and secure identification printing systems, related accessories, and support software. The company markets its products worldwide principally to manufacturing and service organizations for use in automatic identification, data collection, and personal identification systems.”

Insitutional Activity: The institutional sentiment decreased to 1.26 in Q2 2016. Its down 0.31, from 1.57 in 2016Q1. The ratio is negative, as 34 funds sold all Zebra Technologies Corp. shares owned while 50 reduced positions. 38 funds bought stakes while 94 increased positions. They now own 52.04 million shares or 0.98% more from 51.54 million shares in 2016Q1.
Nomura has 10,405 shares for 0% of their US portfolio. Envestnet Asset Mngmt Inc holds 0% of its portfolio in Zebra Technologies Corp. (NASDAQ:ZBRA) for 23,830 shares. Blackrock Inc has 25,651 shares for 0% of their US portfolio. The Massachusetts-based Liberty Mutual Asset Management has invested 0.04% in Zebra Technologies Corp. (NASDAQ:ZBRA). Loomis Sayles And Lp has 82,638 shares for 0.01% of their US portfolio. Millennium Management Limited Liability Company holds 129,542 shares or 0.01% of its portfolio. Rowland Company Invest Counsel Adv last reported 0% of its portfolio in the stock. Ci Global Investments holds 1.97% or 1.44M shares in its portfolio. Tarbox Grp Incorporated holds 0.08% or 2,250 shares in its portfolio. Mutual Of America Capital Llc has 38,315 shares for 0.04% of their US portfolio. Us Bank & Trust De last reported 3,301 shares in the company. Logan Cap Mgmt, a Pennsylvania-based fund reported 5,337 shares. Capstone Asset Mngmt has invested 0.01% of its portfolio in Zebra Technologies Corp. (NASDAQ:ZBRA). Dimensional Fund Advsr Limited Partnership, a Texas-based fund reported 236,069 shares. Cap Research Invsts has 0.1% invested in the company for 5.74M shares.

Insider Transactions: Since August 11, 2016, the stock had 1 insider buy, and 4 sales for $896,077 net activity. Cho Michael sold $126,836 worth of Zebra Technologies Corp. (NASDAQ:ZBRA) on Tuesday, September 20. $235,837 worth of Zebra Technologies Corp. (NASDAQ:ZBRA) shares were bought by KAPUT JIM L. Another trade for 8,819 shares valued at $600,265 was sold by TERZICH MICHAEL H.

Zebra Technologies Corporation offers a range of solutions in the automatic information and data capture industry. The company has a market cap of $4.13 billion. The Firm designs, makes and sells a range of products that capture and move data, including mobile computers; barcode scanners and imagers; radio frequency identification device readers; specialty printers for barcode labelling and personal identification; real-time location systems (RTLS); related accessories and supplies, such as self-adhesive labels and other consumables, and software and services that are associated with these products. It currently has negative earnings. The Firm has two divisions: Legacy Zebra and Enterprise.

ZBRA Company Profile

Zebra Technologies Corporation, incorporated on July 10, 1998, offers a range of solutions in the automatic information and data capture industry. The Firm designs, makes and sells a range of products that capture and move data, including mobile computers; barcode scanners and imagers; radio frequency identification device (RFID) readers; wireless local area network (WLAN) solutions and software; specialty printers for barcode labelling and personal identification; real-time location systems (RTLS); related accessories and supplies, such as self-adhesive labels and other consumables, and software and services that are associated with these products. The Firm has two divisions: Legacy Zebra and Enterprise. End users of the Company’s products include those in the retail, transportation and logistics, manufacturing, healthcare, hospitality, warehouse and distribution, energy and utilities, and education industries around the world.

More notable recent Zebra Technologies Corp. (NASDAQ:ZBRA) news were published by: Fool.com which released: “Why Zebra Technologies Corp’s Shares Popped 14% Today” on November 15, 2016, also Fool.com with their article: “Why Zebra Technologies Corp. Stock Was Slammed” published on May 10, 2016, Nasdaq.com published: “John Rogers Comments on Zebra Technologies Corp” on October 22, 2016. More interesting news about Zebra Technologies Corp. (NASDAQ:ZBRA) were released by: Wsj.com and their article: “Zebra Technologies Reports Smaller-Than-Expected Sales Decline” published on August 09, 2016 as well as Nasdaq.com‘s news article titled: “Commit To Purchase Zebra Technologies Corp. At $55, Earn 11.1% Annualized …” with publication date: November 02, 2016.

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