MicroStrategy (MSTR) to Release Earnings on Monday
MicroStrategy (NASDAQ:MSTR) is scheduled to release its Q313 earnings data on Monday, October 28th. Analysts expect MicroStrategy to post earnings of $0.22 per share and revenue of $143.75 million for the quarter.
MicroStrategy (NASDAQ:MSTR) last released its earnings data on Monday, July 29th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by $0.47. The company had revenue of $137.90 million for the quarter, compared to the consensus estimate of $139.00 million. On average, analysts expect MicroStrategy to post $0.61 EPS for the current fiscal year and $1.93 EPS for the next fiscal year.
MicroStrategy (NASDAQ:MSTR) traded down 0.82% during mid-day trading on Friday, hitting $100.50. The stock had a trading volume of 5,214 shares. MicroStrategy has a 52 week low of $82.72 and a 52 week high of $137.16. The stock has a 50-day moving average of $96.4 and a 200-day moving average of $96.68. The company has a market cap of $1.136 billion and a price-to-earnings ratio of 18.12.
A number of research firms have recently commented on MSTR. Analysts at Zacks upgraded shares of MicroStrategy from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, October 1st. They now have a $104.80 price target on the stock. On the ratings front, analysts at Roth Capital raised their price target on shares of MicroStrategy from $115.00 to $120.00 in a research note to investors on Wednesday, September 11th. They now have a “buy” rating on the stock. Finally, analysts at Roth Capital upgraded shares of MicroStrategy from a “neutral” rating to a “buy” rating in a research note to investors on Monday, August 5th. They now have a $115.00 price target on the stock, up previously from $95.00. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $110.60.
MicroStrategy Incorporated (NASDAQ:MSTR) is a worldwide provider of enterprise software platforms for business intelligence, mobile intelligence and social intelligence applications (apps).
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