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Micros Systems (NASDAQ:MCRS) was downgraded by research analysts at William Blair from an “outperform” rating to a “market perform” rating in a report released on Wednesday, TheFlyOnTheWall.com reports.

A number of other firms have also recently commented on MCRS. Analysts at Janney Montgomery Scott downgraded shares of Micros Systems from a “buy” rating to a “neutral” rating in a research note on Wednesday. They now have a $65.00 price target on the stock. They noted that the move was a valuation call. Separately, analysts at Wedbush raised their price target on shares of Micros Systems from $65.00 to $68.00 in a research note on Tuesday. They now have an “outperform” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Micros Systems in a research note on Monday, May 5th. They now have a $56.00 price target on the stock. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $58.13.

In other Micros Systems news, EVP Kaweh Niroomand sold 55,500 shares of Micros Systems stock on the open market in a transaction dated Friday, June 13th. The stock was sold at an average price of $55.00, for a total value of $3,052,500.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Micros Systems (NASDAQ:MCRS) traded down 0.69% on Wednesday, hitting $65.87. The stock had a trading volume of 4,617,334 shares. Micros Systems has a one year low of $41.78 and a one year high of $70.24. The stock has a 50-day moving average of $53.19 and a 200-day moving average of $54.26. The company has a market cap of $4.928 billion and a P/E ratio of 30.71.

Micros Systems (NASDAQ:MCRS) last released its earnings data on Thursday, May 1st. The company reported $0.72 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.65 by $0.07. The company had revenue of $349.00 million for the quarter, compared to the consensus estimate of $331.04 million. During the same quarter last year, the company posted $0.62 earnings per share. Micros Systems’s revenue was up 10.8% compared to the same quarter last year. On average, analysts predict that Micros Systems will post $2.55 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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