Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

Zebra Technologies Corp / Equity Bottom-Up

<ul><li>Zebra Technologies has reported its latest quarterly and year-end financial results for 2023 that were significantly impacted by broad-based softness across end markets and regions.</li><li>The company realized sales of $1 billion demonstrating a 33% decline from the prior year, and adjusted EBITDA margin of 15.4%; a decrease of 7 points, and non-GAAP diluted earnings per share of $1.71, a 64% decrease from the prior year.</li><li>All product categories experienced declines, however, services and software remained a bright spot in the quarter from a revenue perspective.</li></ul>

Zebra Technologies has reported its latest quarterly and year-end financial results for 2023 that were significantly impacted by broad-based softness across end markets and regions.The company realized sales of $1 billion demonstrating a 33% decline from the prior year, and adjusted EBITDA margin of 15.4%; a decrease of 7 points, and non-GAAP diluted earnings per share of $1.71, a 64% decrease from the prior year.All product categories experienced declines, however, services and software remained a bright spot in the quarter from a revenue perspective.

Zebra Technologies: Embedding Value Through Customized Solutions! - Major Drivers

<ul><li>Zebra Technologies Corporation delivered a positive result and managed an all-around beat in the last quarter.</li><li>Sales plummeted to $956 million, marking a 30% decline from the previous year, while the adjusted EBITDA margin contracted by 950 basis points to 11.6%.</li><li>In the quarter, Zebra introduced Zebra Pay, an innovative mobile payment system that integrates seamlessly into various industries, such as retail, hospitality, entertainment, field mobility, and logistics.</li></ul>

Zebra Technologies Corporation delivered a positive result and managed an all-around beat in the last quarter.Sales plummeted to $956 million, marking a 30% decline from the previous year, while the adjusted EBITDA margin contracted by 950 basis points to 11.6%.In the quarter, Zebra introduced Zebra Pay, an innovative mobile payment system that integrates seamlessly into various industries, such as retail, hospitality, entertainment, field mobility, and logistics.

Zebra Technologies: The New Enterprise-Grade Mobile Payment Solution Could Elevate Them To A Whole New Level! - Key Drivers

<ul><li>Zebra Technologies' results were a major disappointment as the company failed to meet Wall Street's revenue and earnings expectations.</li><li>Weaker demand and cautious consumer spending patterns throughout Zebra's end markets impacted its second-quarter performance.</li><li>In this report, we have carried out a fundamental analysis of the historical financial statements of the company.</li></ul>

Zebra Technologies' results were a major disappointment as the company failed to meet Wall Street's revenue and earnings expectations.Weaker demand and cautious consumer spending patterns throughout Zebra's end markets impacted its second-quarter performance.In this report, we have carried out a fundamental analysis of the historical financial statements of the company.

Zebra Technologies Corporation: The Future of Mobile Computing Amidst a Demand Downturn! - Major Drivers

<ul><li>Zebra delivered a solid result and managed an all-around beat in the last quarter.</li><li>Zebra adjusted its sales outlook due to softer demand in certain markets while remaining financially strong and actively managing its supply chain.</li><li>Zebra observed cautious spending behavior among enterprise customers, resulting in a shift from large orders to smaller ones.</li></ul>

Zebra delivered a solid result and managed an all-around beat in the last quarter.Zebra adjusted its sales outlook due to softer demand in certain markets while remaining financially strong and actively managing its supply chain.Zebra observed cautious spending behavior among enterprise customers, resulting in a shift from large orders to smaller ones.

Zebra Technologies Corporation: Launch of TC22/TC27 & Other Drivers

<ul><li>Zebra Technologies had a strong finish to the year, with profitability and sales near the high end of the outlook of the company and an all-around beat in the fourth quarter.</li><li>Latin America sales increased with strong growth in Mexico and Brazil.</li><li>However, due to an uncertain microenvironment, Zebra Technologies continue to see elongated sales cycles and softening of demand.</li></ul>

Zebra Technologies had a strong finish to the year, with profitability and sales near the high end of the outlook of the company and an all-around beat in the fourth quarter.Latin America sales increased with strong growth in Mexico and Brazil.However, due to an uncertain microenvironment, Zebra Technologies continue to see elongated sales cycles and softening of demand.

Zebra Technologies: Improved Offerings For Industrial Automation & Other Drivers

United States

Zebra Technologies Corporation designs and manufactures enterprise mobile computers, advanced data capture devices, such as laser, 2D and RFID scanners and readers, and specialty printers for barcode labeling and personal identification. The Company also produces WLAN products, real-time location systems, related supplies and application software.

Zebra Technologies Corp (ZBRA US)

Zebra Technologies: Embedding Value Through Customized Solutions! - Major Drivers

Zebra Technologies has reported its latest quarterly and year-end financial results for 2023 that were significantly impacted by broad-based...

Baptista Research

Zebra Technologies: The New Enterprise-Grade Mobile Payment Solution Could Elevate Them To A Whole New Level! - Key Drivers

Zebra Technologies Corporation delivered a positive result and managed an all-around beat in the last quarter. Sales plummeted to $956 million,...

Baptista Research

Zebra Technologies Corporation: The Future of Mobile Computing Amidst a Demand Downturn! - Major Drivers

Zebra Technologies' results were a major disappointment as the company failed to meet Wall Street's revenue and earnings expectations. Weaker...

Baptista Research

Zebra Technologies Corporation: Launch of TC22/TC27 & Other Drivers

Zebra delivered a solid result and managed an all-around beat in the last quarter. Zebra adjusted its sales outlook due to softer demand in...

Baptista Research

Zebra Technologies: Improved Offerings For Industrial Automation & Other Drivers

Zebra Technologies had a strong finish to the year, with profitability and sales near the high end of the outlook of the company and an all-around...

Baptista Research