$1.94 Billion in Sales Expected for Motorola Solutions Inc (MSI) This Quarter

Equities analysts expect that Motorola Solutions Inc (NYSE:MSI) will post $1.94 billion in sales for the current quarter, according to Zacks. Five analysts have provided estimates for Motorola Solutions’ earnings. The highest sales estimate is $1.96 billion and the lowest is $1.94 billion. Motorola Solutions reported sales of $1.88 billion during the same quarter last year, which indicates a positive year-over-year growth rate of 3.2%. The firm is scheduled to issue its next earnings report after the market closes on Thursday, February 1st.

On average, analysts expect that Motorola Solutions will report full-year sales of $1.94 billion for the current financial year, with estimates ranging from $6.34 billion to $6.38 billion. For the next fiscal year, analysts expect that the firm will report sales of $6.51 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 analysts that that provide coverage for Motorola Solutions.

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

A number of brokerages have recently weighed in on MSI. Zacks Investment Research raised shares of Motorola Solutions from a “hold” rating to a “buy” rating and set a $108.00 price target for the company in a research note on Wednesday, January 17th. Deutsche Bank raised shares of Motorola Solutions from a “hold” rating to a “buy” rating and set a $78.00 price target for the company in a research note on Friday, January 12th. ValuEngine lowered shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Wednesday, November 15th. Jefferies Group upped their price target on shares of Motorola Solutions from $105.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, November 3rd. Finally, Cleveland Research raised shares of Motorola Solutions from a “neutral” rating to a “buy” rating in a research note on Friday, October 6th. Three analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $95.50.

Shares of Motorola Solutions (NYSE:MSI) traded up $0.30 during trading hours on Monday, hitting $97.80. 1,070,300 shares of the stock were exchanged, compared to its average volume of 1,012,746. The firm has a market cap of $15,843.58, a price-to-earnings ratio of 25.01, a P/E/G ratio of 4.05 and a beta of 0.35. Motorola Solutions has a 12 month low of $76.92 and a 12 month high of $98.27. The company has a current ratio of 1.30, a quick ratio of 1.16 and a debt-to-equity ratio of -5.41.

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

In related news, major shareholder Motorola Solutions, Inc. sold 949,779 shares of the company’s stock in a transaction that occurred on Wednesday, January 10th. The shares were sold at an average price of $15.00, for a total value of $14,246,685.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Mark S. Hacker sold 7,411 shares of the company’s stock in a transaction that occurred on Friday, January 12th. The shares were sold at an average price of $95.00, for a total transaction of $704,045.00. Following the completion of the sale, the executive vice president now owns 16,396 shares of the company’s stock, valued at approximately $1,557,620. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,336,176 shares of company stock valued at $49,961,105. Company insiders own 2.50% of the company’s stock.

Large investors have recently modified their holdings of the stock. Sun Life Financial INC lifted its position in shares of Motorola Solutions by 14,800.0% in the 2nd quarter. Sun Life Financial INC now owns 1,192 shares of the communications equipment provider’s stock valued at $103,000 after acquiring an additional 1,184 shares in the last quarter. Grove Bank & Trust lifted its position in shares of Motorola Solutions by 731.0% in the 3rd quarter. Grove Bank & Trust now owns 1,205 shares of the communications equipment provider’s stock valued at $102,000 after acquiring an additional 1,060 shares in the last quarter. Fuller & Thaler Asset Management Inc. purchased a new stake in shares of Motorola Solutions in the 3rd quarter valued at approximately $187,000. Williams Jones & Associates LLC purchased a new stake in shares of Motorola Solutions in the 2nd quarter valued at approximately $201,000. Finally, Pinnacle Associates Ltd. purchased a new stake in shares of Motorola Solutions in the 3rd quarter valued at approximately $206,000. Institutional investors and hedge funds own 87.71% of the company’s stock.

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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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