Motorola Solutions, Inc. (MSI) Scheduled to Post Quarterly Earnings on Thursday

Motorola Solutions, Inc. (NYSE:MSI) will be issuing its quarterly earnings data after the market closes on Thursday, November 2nd. Analysts expect the company to announce earnings of $1.40 per share for the quarter. Motorola Solutions has set its Q3 guidance at $1.36-1.41 EPS and its FY17 guidance at $5.20-5.30 EPS.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Thursday, August 3rd. The communications equipment provider reported $1.06 EPS for the quarter, topping analysts’ consensus estimates of $0.99 by $0.07. The company had revenue of $1.50 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period last year, the firm earned $1.03 EPS. On average, analysts expect Motorola Solutions to post $5.02 EPS for the current fiscal year and $5.33 EPS for the next fiscal year.

Motorola Solutions, Inc. (NYSE MSI) opened at 90.54 on Wednesday. The stock’s 50 day moving average is $87.46 and its 200-day moving average is $86.81. Motorola Solutions, Inc. has a 12-month low of $71.24 and a 12-month high of $93.75. The company has a market capitalization of $14.73 billion, a P/E ratio of 23.88 and a beta of 0.31.

The firm also recently declared a quarterly dividend, which was paid on Friday, October 13th. Investors of record on Friday, September 15th were paid a $0.47 dividend. The ex-dividend date was Thursday, September 14th. This represents a $1.88 annualized dividend and a dividend yield of 2.08%. Motorola Solutions’s dividend payout ratio (DPR) is presently 49.60%.

COPYRIGHT VIOLATION WARNING: “Motorola Solutions, Inc. (MSI) Scheduled to Post Quarterly Earnings on Thursday” was originally published by Community Financial News and is the property of of Community Financial News. If you are reading this news story on another publication, it was illegally copied and republished in violation of US & international copyright legislation. The correct version of this news story can be accessed at https://www.com-unik.info/2017/11/01/motorola-solutions-inc-msi-scheduled-to-post-quarterly-earnings-on-thursday.html.

In related news, EVP Bruce W. Brda sold 25,299 shares of the company’s stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $89.11, for a total transaction of $2,254,393.89. Following the completion of the sale, the executive vice president now owns 23,829 shares of the company’s stock, valued at $2,123,402.19. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Eduardo F. Conrado sold 6,998 shares of the company’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $89.13, for a total transaction of $623,731.74. Following the sale, the executive vice president now directly owns 22,858 shares of the company’s stock, valued at approximately $2,037,333.54. The disclosure for this sale can be found here. Corporate insiders own 2.50% of the company’s stock.

Several equities analysts recently commented on MSI shares. Credit Suisse Group set a $95.00 price target on shares of Motorola Solutions and gave the company a “buy” rating in a research note on Thursday, July 27th. Zacks Investment Research upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating and set a $102.00 price target on the stock in a research note on Thursday, July 27th. Jefferies Group LLC restated a “buy” rating and issued a $105.00 price target on shares of Motorola Solutions in a research note on Tuesday, August 22nd. Finally, Cleveland Research upgraded shares of Motorola Solutions from a “neutral” rating to a “buy” rating in a research note on Friday, October 6th. Five investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Motorola Solutions presently has an average rating of “Buy” and an average target price of $94.42.

About Motorola Solutions

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.

Earnings History for Motorola Solutions (NYSE:MSI)

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.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit