Analysts expect Motorola Solutions Inc (NYSE:MSI) to post sales of $1.95 billion for the current fiscal quarter, Zacks Investment Research reports. Four analysts have issued estimates for Motorola Solutions’ earnings, with the highest sales estimate coming in at $1.96 billion and the lowest estimate coming in at $1.94 billion. Motorola Solutions posted sales of $1.88 billion during the same quarter last year, which suggests a positive year over year growth rate of 3.7%. The company is expected to announce its next earnings results on Thursday, February 1st.

On average, analysts expect that Motorola Solutions will report full-year sales of $1.95 billion for the current year, with estimates ranging from $6.24 billion to $6.38 billion. For the next fiscal year, analysts expect that the firm will post sales of $6.49 billion per share, with estimates ranging from $6.41 billion to $6.58 billion. Zacks’ sales calculations are an average based on a survey of sell-side research firms that follow Motorola Solutions.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, November 2nd. The communications equipment provider reported $1.53 EPS for the quarter, beating the consensus estimate of $1.40 by $0.13. The business had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.58 billion. Motorola Solutions had a negative return on equity of 92.09% and a net margin of 10.51%. Motorola Solutions’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.37 earnings per share.

Several analysts have commented on the stock. Cowen reiterated a “market perform” rating and issued a $83.00 price target (up previously from $75.00) on shares of Motorola Solutions in a research note on Wednesday, August 9th. Jefferies Group reaffirmed a “buy” rating and issued a $105.00 price target (up previously from $100.00) on shares of Motorola Solutions in a research report on Wednesday, August 9th. Zacks Investment Research raised shares of Motorola Solutions from a “sell” rating to a “hold” rating and set a $99.00 price objective on the stock in a report on Tuesday, August 8th. BMO Capital Markets raised their price target on shares of Motorola Solutions from $95.00 to $102.00 and gave the stock an “outperform” rating in a research note on Friday, August 4th. Finally, ValuEngine downgraded shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Tuesday, August 22nd. Four equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $95.08.

In other Motorola Solutions news, EVP Bruce W. Brda sold 5,916 shares of the business’s stock in a transaction on Monday, November 6th. The stock was sold at an average price of $92.41, for a total value of $546,697.56. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Chairman Gregory Q. Brown sold 52,521 shares of the business’s stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $90.96, for a total value of $4,777,310.16. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 233,456 shares of company stock valued at $21,400,985. 2.50% of the stock is owned by corporate insiders.

Several institutional investors have recently made changes to their positions in the business. GSA Capital Partners LLP acquired a new stake in shares of Motorola Solutions during the 3rd quarter valued at $2,193,000. IFM Investors Pty Ltd purchased a new stake in Motorola Solutions in the third quarter worth about $421,000. Sterling Capital Management LLC lifted its holdings in Motorola Solutions by 18.2% in the third quarter. Sterling Capital Management LLC now owns 43,438 shares of the communications equipment provider’s stock worth $3,687,000 after buying an additional 6,687 shares during the period. California Public Employees Retirement System lifted its holdings in Motorola Solutions by 4.8% in the third quarter. California Public Employees Retirement System now owns 395,631 shares of the communications equipment provider’s stock worth $33,577,000 after buying an additional 18,274 shares during the period. Finally, PHH Investments Ltd. bought a new position in shares of Motorola Solutions during the third quarter valued at approximately $1,096,000. Institutional investors own 87.84% of the company’s stock.

Motorola Solutions (NYSE:MSI) opened at $94.11 on Friday. The firm has a market cap of $15,313.84, a price-to-earnings ratio of 18.39, a PEG ratio of 4.21 and a beta of 0.33. Motorola Solutions has a one year low of $76.92 and a one year high of $94.96. The company has a debt-to-equity ratio of -5.41, a quick ratio of 1.16 and a current ratio of 1.30.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Stockholders of record on Friday, December 15th will be issued a dividend of $0.52 per share. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.47. This represents a $2.08 annualized dividend and a dividend yield of 2.21%. The ex-dividend date is Thursday, December 14th. Motorola Solutions’s dividend payout ratio is presently 48.08%.

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Motorola Solutions Company Profile

Motorola Solutions, Inc is a provider of communication infrastructure, devices, accessories, software and services. The Company operates through two segments: Products and Services. The Company’s Products segment offers a portfolio of infrastructure, devices, accessories and software. The Products segment has two product lines: Devices and Systems.

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Earnings History and Estimates for Motorola Solutions (NYSE:MSI)

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