MICROS Systems Receives Consensus Rating of “Hold” from Brokerages (NASDAQ:MCRS)
Shares of MICROS Systems (NASDAQ:MCRS) have earned a consensus rating of “Hold” from the eight analysts that are currently covering the company, Analyst RN reports. Eight equities research analysts have rated the stock with a hold recommendation, The average 12-month price target among analysts that have issued a report on the stock in the last year is $68.00.
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 on Tuesday, August 26th. They now have a $71.00 price target on the stock. Separately, analysts at Northcoast Research downgraded shares of MICROS Systems from a “buy” rating to a “neutral” rating in a research note on Tuesday, June 24th. Finally, analysts at Wedbush downgraded shares of MICROS Systems from an “outperform” rating to a “neutral” rating in a research note on Tuesday, June 24th.
Shares of MICROS Systems (NASDAQ:MCRS) opened at 67.97 on Wednesday. MICROS Systems has a 52-week low of $47.80 and a 52-week high of $70.24. The stock’s 50-day moving average is $67.78 and its 200-day moving average is $58.68. The company has a market cap of $5.093 billion and a P/E ratio of 28.66.
MICROS Systems (NASDAQ:MCRS) last announced its earnings results on Thursday, August 21st. The company reported $0.84 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.71 by $0.13. The company had revenue of $396.15 million for the quarter. On average, analysts predict that MICROS Systems will post $2.85 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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