Zebra Technologies Corporation (ZBRA) is a technology company that specializes in enterprise asset intelligence and automatic identification and data capture solutions. The company designs, manufactures, and sells a broad portfolio of products and software, including barcode scanners, RFID readers, mobile computers, and specialty printers for labels, receipts, and cards. The company is headquartered in Lincolnshire, Illinois and has a market cap of around $13.6 billion. Companies valued at $10 billion or ...

Core Insights - Zebra Technologies Corporation is a global leader in enterprise asset intelligence solutions, offering products like barcode scanners, mobile computers, and RFID solutions to enhance operational efficiency [1] - Zebra competes with companies such as Honeywell and Datalogic in the automatic identification and data capture (AIDC) industry [1] Financial Performance - Zebra's Return on Invested Capital (ROIC) is 9.20%, while its Weighted Average Cost of Capital (WACC) is 10.94%, resulting in a ROIC to WACC ratio of 0.84, indicating that the company is not generating returns above its cost of capital [2][6] - Paycom Software, Inc. has a ROIC of 18.31% and a WACC of 7.59%, leading to a ROIC to WACC ratio of 2.41, showcasing effective capital utilization [3][6] - IDEXX Laboratories, Inc. leads the peer group with a ROIC of 46.11% and a WACC of 11.04%, achieving a ROIC to WACC ratio of 4.18, highlighting its exceptional ability to generate returns above its cost of capital [4][6] - HubSpot, Inc. has a ROIC of 4.27% and a WACC of 10.96%, resulting in a ROIC to WACC ratio of 0.39, indicating that it, like Zebra, is not covering its cost of capital [5][6]

Company Overview - Zebra Technologies Corporation (ZBRA) has a market cap of $15.6 billion and is a leader in Enterprise Asset Intelligence (EAI) solutions within the Automatic Identification and Data Capture (AIDC) industry, offering a range of products and services including mobile computers, barcode scanners, RFID systems, specialty printers, software, and cloud-based solutions [1] Upcoming Earnings - Zebra Technologies is set to announce its fiscal Q3 2025 results on Tuesday, Oct. 28, with analysts expecting an EPS of $3.16, consistent with the same quarter last year [2] Financial Projections - For fiscal 2025, analysts project an EPS of $13.04, reflecting a 10.1% increase from $11.84 in fiscal 2024, with further growth expected to 15.8% year-over-year to $15.10 in fiscal 2026 [3] Stock Performance - Over the past 52 weeks, Zebra Technologies shares have decreased by 20.7%, underperforming the S&P 500 Index's gain of 16.2% and the Technology Select Sector SPDR Fund's increase of 25.5% [4] Recent Earnings Report - In Q2 2025, Zebra Technologies reported an adjusted EPS of $3.61, exceeding estimates and showing a year-over-year increase of 13.5%. Revenue reached $1.3 billion, surpassing forecasts with a growth of 6.2%. However, the company faced negative investor reactions due to weaker performance in the Asset Intelligence & Tracking segment, where revenues of $418 million fell short of consensus, and margin pressures from a 7.8% rise in cost of sales to $677 million [5] Analyst Ratings - The consensus view on ZBRA stock is moderately optimistic, with a "Moderate Buy" rating. Out of 17 analysts, 11 recommend a "Strong Buy," one a "Moderate Buy," and five a "Hold," indicating a more bullish outlook compared to three months ago when only nine analysts suggested a "Strong Buy" [6]

Core Viewpoint - Honeywell is evaluating strategic alternatives for its Productivity Solutions and Services (PSS) and Warehouse and Workflow Solutions (WWS) businesses to simplify its portfolio and accelerate value creation ahead of its planned separation into three independent companies by the second half of 2026 [1][4]. Group 1: Business Overview - PSS is projected to generate over $1 billion in revenue for 2024, providing mobile computers, barcode scanners, and printing solutions for the warehouse and logistics market [2]. - WWS is expected to generate nearly $1 billion in revenue in 2024, offering supply chain and warehouse automation solutions, including automated sortation systems, palletizers, conveyors, and robotics [2][3]. - Both PSS and WWS are recognized as leaders in their respective markets, with strong customer relationships and innovative technologies aimed at enhancing efficiency and productivity [3]. Group 2: Leadership and Strategic Direction - Jim Masso has been appointed as President and CEO of Honeywell Process Automation, effective July 14, 2025, bringing 20 years of experience in energy services and engineering [3][4]. - The evaluation of strategic alternatives for PSS and WWS will occur alongside ongoing portfolio workstreams, without affecting the timelines for the separations of other Honeywell businesses [4][7]. Group 3: Recent Strategic Actions - Since June 2023, Honeywell has undertaken several strategic actions, including $14 billion in acquisitions to drive organic growth and simplify its portfolio [5]. - The company has also sold its Personal Protective Equipment business to Protective Industrial Products in May 2025 [5]. Group 4: Financial Advisory - Honeywell has engaged Centerview Partners as its financial advisor to assist in assessing strategic alternatives for its PSS and WWS businesses [6].