Breaking News
0

Zebra Technologies Acquires Profitect, Boosts Offerings

By Zacks Investment ResearchJun 04, 2019 09:13PM ET
www.investing.com/analysis/zebra-technologies-acquires-profitect-boosts-offerings-200428730
Zebra Technologies Acquires Profitect, Boosts Offerings
By Zacks Investment Research   |  Jun 04, 2019 09:13PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 

Zebra Technologies Corporation (NASDAQ:ZBRA) recently acquired Profitect Inc., a major provider of prescriptive analytics for the retail and consumer packaged goods industries. The financial terms of the buyout were kept under wraps.

Profitect’s solutions aid customers in boosting inventory and pricing accuracy, supply chain inefficiency, and assortment discrepancies by leveraging data from across their value chain. Its solutions help in detecting potential opportunities and offer suggestions to a user’s mobile device, eventually improving operational efficiency.

Acquisition Rationale

Combined with machine learning and prescriptive analytics, Profitect’s solution and proficiency will enable Zebra Technologies to help customers make better and more informed decisions. It will also provide visibility to their businesses and aid them in finding out areas of improving sales and margin.The acquisition will also complement the development of Zebra Technologies’ Savanna data platform. Profitect’s machine learning and prescriptive analytics solutions, when combined with Zebra Technologies’ solutions, will aid customers to boost labor productivity, inventory management and supply chain efficiency.

Other Notable Buyouts

In August 2018, Zebra Technologies acquired Xplore Technologies Corporation, which designs, integrates, markets and sells rugged tablets that are primarily utilized by industrial, government, and field service organizations. The buyout was made with an aim to expand the company’s portfolio of mobile computing devices to cater to a wide range of customers. It has been included in Zebra Technologies Enterprise Visibility & Mobility segment.

Notably, analysts have become increasingly bullish on the company. In the past couple of months, the Zacks Consensus Estimate for 2019 earnings has increased from $12.48 to $12.60, thanks to five upward estimate revisions versus none downward.

However, the company faces strong competition in all product categories and subcategories. Notably, its major competitors include Panasonic Corp. (OTC:PCRFY) , Cisco Systems, Inc. (NASDAQ:CSCO) and Honeywell International Inc. (NYSE:HON) .

Wall Street’s Next Amazon (NASDAQ:AMZN)

Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.

Click for details >>



Cisco Systems, Inc. (CSCO): Free Stock Analysis Report

Panasonic Corp. (PCRFY): Free Stock Analysis Report

Honeywell International Inc. (HON): Free Stock Analysis Report

Zebra Technologies Corporation (ZBRA): Free Stock Analysis Report

Original post

Zacks Investment Research
Zebra Technologies Acquires Profitect, Boosts Offerings
 
Zebra Technologies Acquires Profitect, Boosts Offerings

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email