Zebra Technologies Unveils Healthcare Specialization Program
Zebra Technologies Corporation ZBRA recently introduced a vertical specialization program for providers of health care technology. Notably, the program will be available in North America, Latin America and parts of Asia-Pacific including Australia, New Zealand, South Korea and India.
The Healthcare Specialization Program offers benefits like growth incentives and increased channel account management, sales and technical support to qualified healthcare technology providers. Developed as part of the Zebra PartnerConnect Program, the new program offers enrolled members tools and solutions, enabling them to increase sales apart from improving customers’ return on investment.
Existing Business Scenario
The company’s long-term growth strategy involves organic growth through innovative solutions, broadening customer base, exploitation of new opportunities and tactical investments in emerging markets.
Zebra Technologies’ shares has had an impressive run on the bourse in the past three months. The stock has gained 7.5%, outperforming the ’s growth of 5% in the period.
Also, over the past couple of months, the company has witnessed six upward estimate revisions against none downward, reflecting bullish analyst sentiment. Notably, the Zacks Consensus Estimate for 2018 earnings moved up from $9.52 to $10.36, over the same time frame.
Moreover, the Zacks Rank #2 (Buy) company recently announced its decision to acquire all the shares of Xplore Technologies Corp. The buyout will be accomplished through a public tender offer. The deal will add rugged tablet portfolio to Zebra Technologies’ portfolio and add more zeal to its existing data capture, mobile computing and printing businesses. Also, the buyout will allow the company to easily penetrate the public safety, utility, oil & gas and government end markets. Business opportunities from various enterprise customers will also increase.
Other Key Picks
Some other top-ranked stocks from the same space are Altra Industrial Motion Corp. AIMC, Pentair plc PNR and Tetra Tech, Inc. TTEK. While Altra Industrial Motion sports a Zacks Rank #1 (Strong Buy), Pentair and Tetra Tech carry a Zacks Rank #2. You can see .
Altra Industrial Motion exceeded estimates thrice in the preceding four quarters with an average positive earnings surprise of 4.01%.
Pentair surpassed estimates thrice in the trailing four quarters with an average positive earnings surprise of 2.50%.
Tetra Tech outpaced estimates in each of the preceding four quarters with an average earnings surprise of 10.85%.
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