Motorola Solutions, Inc. (NYSE:MSI) has been assigned an average rating of “Buy” from the fourteen brokerages that are currently covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $94.18.
A number of research firms have weighed in on MSI. Credit Suisse Group set a $95.00 price objective on shares of Motorola Solutions and gave the stock a “buy” rating in a research report on Thursday, July 27th. Zacks Investment Research raised shares of Motorola Solutions from a “hold” rating to a “buy” rating and set a $102.00 target price on the stock in a research report on Thursday, July 27th. BMO Capital Markets upped their target price on shares of Motorola Solutions from $95.00 to $102.00 and gave the company an “outperform” rating in a research report on Friday, August 4th. Deutsche Bank AG increased their price target on shares of Motorola Solutions from $73.00 to $78.00 and gave the stock a “hold” rating in a research report on Monday. Finally, Cowen and Company reissued a “market perform” rating and set a $83.00 price target (up previously from $75.00) on shares of Motorola Solutions in a research report on Wednesday.
In other news, EVP Eduardo F. Conrado sold 6,998 shares of Motorola Solutions stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $89.13, for a total transaction of $623,731.74. Following the completion of the transaction, the executive vice president now owns 22,858 shares of the company’s stock, valued at approximately $2,037,333.54. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Bruce W. Brda sold 25,299 shares of Motorola Solutions stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $89.11, for a total value of $2,254,393.89. Following the sale, the executive vice president now owns 23,829 shares of the company’s stock, valued at approximately $2,123,402.19. The disclosure for this sale can be found here. Insiders own 2.50% of the company’s stock.
Shares of Motorola Solutions (NYSE MSI) traded up 1.07% during midday trading on Monday, hitting $87.92. 382,425 shares of the stock traded hands. Motorola Solutions has a 52 week low of $71.24 and a 52 week high of $93.75. The firm has a market capitalization of $14.30 billion, a PE ratio of 23.19 and a beta of 0.32. The company’s 50-day moving average is $88.92 and its 200 day moving average is $84.56.
Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, August 3rd. The communications equipment provider reported $1.06 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.99 by $0.07. The company had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.46 billion. Motorola Solutions had a net margin of 10.38% and a negative return on equity of 93.44%. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period in the prior year, the business posted $1.03 earnings per share. Analysts anticipate that Motorola Solutions will post $5.28 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, July 14th. Shareholders of record on Thursday, June 15th were issued a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 2.16%. The ex-dividend date was Tuesday, June 13th. Motorola Solutions’s dividend payout ratio (DPR) is currently 49.60%.
Motorola Solutions Company Profile
Motorola Solutions, Inc is a provider of communication infrastructure, devices, accessories, software and services. The Company operates through two segments: Products and Services. The Company’s Products segment offers a portfolio of infrastructure, devices, accessories and software. The Products segment has two product lines: Devices and Systems.
What are top analysts saying about Motorola Solutions Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Motorola Solutions Inc. and related companies.