Micros Systems Inc. Hits New 52-Week High at $57.48 (MCRS)
Micros Systems (NASDAQ:MCRS)’s share price reached a new 52-week high during trading hours on Monday, Analyst Ratings.Net reports. The company traded as high as $57.48 and last traded at $57.48, with a volume of 433,949 shares traded. The stock had previously closed at $56.64.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Micros Systems in a research note to investors on Friday, December 20th. They now have a $58.00 price target on the stock. Separately, analysts at Needham & Company raised their price target on shares of Micros Systems from $60.00 to $65.00 in a research note to investors on Wednesday, December 18th. They now have a “buy” rating on the stock. Finally, analysts at Wedbush raised their price target on shares of Micros Systems from $57.00 to $58.00 in a research note to investors on Friday, October 25th. They now have an “outperform” rating on the stock. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $55.50.
Micros Systems has a 1-year low of $40.25 and a 1-year high of $57.50. The stock has a 50-day moving average of $54.8 and a 200-day moving average of $50.63. The company has a market cap of $4.325 billion and a price-to-earnings ratio of 27.71.
Micros Systems (NASDAQ:MCRS) last announced its earnings results 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. On average, analysts predict that Micros Systems will post $2.48 earnings per share 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.
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