Motorola Solutions Inc (MSI) Expected to Announce Earnings of $2.03 Per Share

Equities analysts expect that Motorola Solutions Inc (NYSE:MSI) will announce earnings of $2.03 per share for the current quarter, according to Zacks Investment Research. Five analysts have provided estimates for Motorola Solutions’ earnings. The lowest EPS estimate is $2.00 and the highest is $2.05. Motorola Solutions also posted earnings of $2.03 per share during the same quarter last year. The firm is scheduled to announce its next earnings results after the market closes on Thursday, February 1st.

On average, analysts expect that Motorola Solutions will report full-year earnings of $5.39 per share for the current financial year, with EPS estimates ranging from $5.36 to $5.44. For the next fiscal year, analysts forecast that the business will report earnings of $5.80 per share, with EPS estimates ranging from $5.37 to $6.30. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Motorola Solutions.

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

A number of analysts recently weighed in on the stock. Jefferies Group restated a “buy” rating and set a $105.00 target price on shares of Motorola Solutions in a report on Friday, October 6th. Cleveland Research upgraded shares of Motorola Solutions from a “neutral” rating to a “buy” rating in a research report on Friday, October 6th. Zacks Investment Research downgraded shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Monday, October 9th. ValuEngine lowered shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Wednesday, November 15th. Finally, Deutsche Bank upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating and set a $78.00 price target on the stock in a research note on Friday, January 12th. Three analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. Motorola Solutions presently has an average rating of “Buy” and an average price target of $95.50.

Motorola Solutions (NYSE:MSI) traded up $0.30 during trading on Friday, hitting $97.80. 1,070,388 shares of the stock traded hands, compared to its average volume of 1,060,000. The company has a quick ratio of 1.16, a current ratio of 1.30 and a debt-to-equity ratio of -5.41. The company has a market capitalization of $15,840.00, a PE ratio of 25.01, a PEG ratio of 4.04 and a beta of 0.35. Motorola Solutions has a twelve month low of $76.92 and a twelve month high of $98.27.

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 12th. Investors of record on Friday, December 15th were issued a dividend of $0.52 per share. The ex-dividend date was Thursday, December 14th. This represents a $2.08 dividend on an annualized basis and a yield of 2.13%. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.47. Motorola Solutions’s payout ratio is currently 53.20%.

In other news, EVP Mark S. Hacker sold 7,411 shares of the business’s stock in a transaction on Friday, January 12th. The shares were sold at an average price of $95.00, for a total value of $704,045.00. Following the sale, the executive vice president now owns 16,396 shares of the company’s stock, valued at $1,557,620. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Gregory Q. Brown sold 75,019 shares of the business’s stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $90.91, for a total transaction of $6,819,977.29. Following the completion of the sale, the chief executive officer now directly owns 183,312 shares in the company, valued at approximately $16,664,893.92. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,336,176 shares of company stock valued at $49,961,105. Corporate insiders own 2.50% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Grove Bank & Trust increased its holdings in shares of Motorola Solutions by 731.0% in the third quarter. Grove Bank & Trust now owns 1,205 shares of the communications equipment provider’s stock valued at $102,000 after purchasing an additional 1,060 shares during the last quarter. Sun Life Financial INC grew its stake in Motorola Solutions by 14,800.0% during the second quarter. Sun Life Financial INC now owns 1,192 shares of the communications equipment provider’s stock worth $103,000 after buying an additional 1,184 shares in the last quarter. Acrospire Investment Management LLC grew its stake in Motorola Solutions by 33.3% during the second quarter. Acrospire Investment Management LLC now owns 1,200 shares of the communications equipment provider’s stock worth $104,000 after buying an additional 300 shares in the last quarter. Fuller & Thaler Asset Management Inc. bought a new position in shares of Motorola Solutions in the third quarter worth about $187,000. Finally, Williams Jones & Associates LLC bought a new position in shares of Motorola Solutions in the second quarter worth about $201,000. 87.81% of the stock is currently owned by hedge funds and other institutional investors.

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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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