Zebra Technologies Corp. Experiences Valuation Adjustment Amidst Market Challenges

Zebra Technologies Corp., a midcap player in the IT hardware sector, has recently undergone a valuation adjustment. The company's current price stands at $293.31, with a 52-week range between $205.73 and $427.75. Key financial metrics reveal a P/E ratio of 37, alongside a price-to-book value of 5.67. The enterprise value to EBITDA ratio is noted at 23.17, while the return on capital employed (ROCE) is reported at 15.62%, and return on equity (ROE) at 15.38%.
In comparison to its peers, Zebra Technologies exhibits a higher P/E ratio than Dell Technologies, which has a P/E of approximately 20.77, and Hewlett Packard Enterprise, which stands at about 10.09. Notably, Zebra's PEG ratio of 0.54 suggests a different growth outlook compared to its competitors.

Over various time frames, Zebra's stock performance has shown volatility, with a year-to-date return of -24.06%, contrasting sharply with the S&P 500's positive return of 13.30% during the same period. This performance highlights the challenges Zebra faces in the current market landscape, particularly when juxtaposed with its peers.