Spruce Point Capital Management Announces Investment Opinion On Zebra Technologies Corp.; Estimates That A Sum-Of-Parts Illustrative Valuation Of Zebra's Business Suggests That The Share Price Could Be Overvalued And Have 65%–80% Long-term Downside...
Spruce Point Capital Management Announces Investment Opinion On Zebra Technologies Corp.; Estimates That A Sum-Of-Parts Illustrative Valuation Of Zebra's Business Suggests That The Share Price Could Be Overvalued And Have 65%–80% Long-term Downside...
Spruce Point Capital Management Announces Investment Opinion On Zebra Technologies Corp.; Estimates That A Sum-Of-Parts Illustrative Valuation Of Zebra's Business Suggests That The Share Price Could Be Overvalued And Have 65%–80% Long-term Downside Potential Risk
Spruce Point Capital Management宣佈對Zebra Technologies Corp.的投資見解；估計Zebra的業務各部分的示意估值表明，股價可能被高估並存在65%至80%的長期下跌風險。
NOTE TO EDITORS: The Following is an Investment Opinion Issued by Spruce Point Capital Management
注意編輯：以下是Spruce Point Capital Management發佈的投資意見。
Believes That Zebra Is Downplaying Competitive Pressures Across Its Core Hardware, Services and Software Offerings, and May Be Embellishing Market Leadership Claims
認爲斑馬技術在其核心硬件、服務和軟件業務中淡化了競爭壓力，並可能誇大了市場領導地位的聲明。
Highlights How Zebra is Not Adequately Addressing a Variety of Trends and Factors Working Against the Company
強調斑馬技術沒有充分解決多種趨勢和因素對公司的影響。
Outlines Why Zebra's $2.1 Billion Levered Acquisition Spree and Venture Investments – Which Expanded Its Offerings into Analytics, Robotics, and Machine Vision – Should be Characterized as Failures
概述斑馬技術21億美元的負債收購和冒險投資，其中擴展了其分析、機器人和機器視覺業務，應被視爲失敗。
Expresses Concerns About Multiple Accounting and Financial Reporting Choices Made by Zebra Given That It Describes Its Chief Accounting Officer as Comfortable Operating in Gray Areas
對斑馬技術進行多個會計和財務報告選擇的擔憂，因爲其將首席會計官描述爲在灰色地帶運作的舒適區域。
Questions Management's Alignment With, and the Board's Commitment To, Shareholders
質疑管理層與董事會對股東的利益是否保持一致。
Estimates That a Sum-of-Parts Illustrative Valuation of Zebra's Business Suggests That the Share Price Could Be Overvalued and Have 65% – 80% Long-Term Downside Potential Risk
估計Zebra的業務各部分的示意估值表明，股價可能被高估並存在65%至80%的長期下跌風險。
Spruce Point Capital Management, LLC ("Spruce Point" or "we" or "us"), a New York-based investment management firm that focuses on forensic research and short-selling, today issued a detailed report entitled, "Does A Zebra Change Its Stripes?," that outlines why we believe and estimate that shares of Zebra Technologies Corp. (NASDAQ:ZBRA) ("Zebra" or the "Company") face up to 65% – 80% potential long-term downside risk, or $62.90 – $110.00 per share. Download and view the report and its disclaimers by visiting for additional information and exclusive updates.
總部位於紐約的投資管理公司Spruce Point Capital Management, LLC（"Spruce Point"或"我們"或"我們"），專注於法證研究和做空，今天發佈了一份名爲"Does A Zebra Change Its Stripes？"的詳細報告，闡述了我們爲什麼相信和估計斑馬技術股份面臨高達65%至80%的潛在長期下跌風險，或每股62.90至110.00美元。下載並查看該報告及其免責聲明，了解有關其它信息和獨家更新。
譯文內容由第三人軟體翻譯。
