Micros Systems Inc. (MCRS) Updates FY14 Earnings Guidance
Micros Systems Inc. (NASDAQ:MCRS) issued an update on its FY14 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $2.46-2.50 for the period, compared to the Thomson Reuters consensus estimate of $2.45, AnalystRatingsNetwork.com reports. The company issued revenue guidance of $1.295-1.32 billion, compared to the consensus revenue estimate of $1.31 billion.
Micros Systems Inc. (NASDAQ:MCRS) traded down 1.24% on Thursday, hitting $51.80. The stock had a trading volume of 1,328,075 shares. Micros Systems Inc. has a one year low of $39.31 and a one year high of $53.21. The stock has a 50-day moving average of $49.21 and a 200-day moving average of $45.27. The company has a market cap of $3.968 billion and a P/E ratio of 24.74.
Micros Systems (NASDAQ:MCRS) last issued its quarterly earnings data on Thursday, October 24th. The company reported $0.50 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.50. The company had revenue of $314.70 million for the quarter, compared to the consensus estimate of $310.26 million. During the same quarter in the previous year, the company posted $0.57 earnings per share. The company’s revenue for the quarter was up 5.0% on a year-over-year basis.
A number of analysts have recently weighed in on MCRS shares. Analysts at Zacks reiterated a neutral rating on shares of Micros Systems in a research note to investors on Thursday, August 29th. They now have a $52.00 price target on the stock. On a related note, analysts at Wedbush raised their price target on shares of Micros Systems 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 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. Micros Systems currently has a consensus rating of Buy and an average target price of $53.75.
MICROS Systems, Inc (NASDAQ:MCRS) is a global designer, manufacturer, marketer, and servicer of enterprise information solutions for the global hospitality and retail industries.
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