Micros Systems EVP Peter Rogers Jr Unloads 49,788 Shares (MCRS)
Micros Systems (NASDAQ:MCRS) EVP Peter Rogers, Jr. sold 49,788 shares of the company’s stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $49.33, for a total value of $2,456,042.04. Following the sale, the executive vice president now directly owns 91,703 shares in the company. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Micros Systems (NASDAQ:MCRS) in a research note to investors on Thursday, August 29th. They now have a $52.00 price target on the stock. Separately, analysts at Wedbush raised their price target on shares of Micros Systems (NASDAQ:MCRS) from $47.00 to $57.00 in a research note to investors on Friday, August 23rd. They now have an “outperform” rating on the stock. Finally, analysts at Raymond James raised their price target on shares of Micros Systems (NASDAQ:MCRS) from $50.00 to $55.00 in a research note to investors on Friday, August 23rd. They now have an “outperform” rating on the stock.
Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $53.75.
Shares of Micros Systems (NASDAQ:MCRS) traded up 1.07% during mid-day trading on Tuesday, hitting $50.13. The stock had a trading volume of 190,087 shares. Micros Systems has a 1-year low of $39.31 and a 1-year high of $53.21. The stock’s 50-day moving average is $48.85 and its 200-day moving average is $45.10. The company has a market cap of $3.841 billion and a P/E ratio of 23.40.
Micros Systems (NASDAQ:MCRS) last released its earnings data on Thursday, August 22nd. The company reported $0.62 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.62. The company had revenue of $328.60 million for the quarter, compared to the consensus estimate of $324.90 million. During the same quarter in the prior year, the company posted $0.68 earnings per share. The company’s quarterly revenue was up 8.6% on a year-over-year basis. Analysts expect that Micros Systems will post $2.45 EPS for the current fiscal year.
MICROS Systems, Inc (NASDAQ:MCRS) is a global designer, manufacturer, marketer, and servicer of enterprise information solutions for the global hospitality and retail industries.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.