$0.80 Earnings Per Share Expected for Motorola Solutions Inc (MSI) This Quarter

Wall Street analysts forecast that Motorola Solutions Inc (NYSE:MSI) will post earnings of $0.80 per share for the current quarter, according to Zacks. Three analysts have issued estimates for Motorola Solutions’ earnings. The highest EPS estimate is $0.90 and the lowest is $0.73. Motorola Solutions posted earnings per share of $0.71 in the same quarter last year, which would indicate a positive year over year growth rate of 12.7%. The business is expected to report its next quarterly earnings report on Thursday, May 3rd.

On average, analysts expect that Motorola Solutions will report full year earnings of $5.94 per share for the current financial year, with EPS estimates ranging from $5.70 to $6.30. For the next financial year, analysts expect that the company will report earnings of $6.24 per share, with EPS estimates ranging from $5.95 to $6.75. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research analysts that follow Motorola Solutions.

Motorola Solutions (NYSE:MSI) last posted its earnings results on Thursday, February 1st. The communications equipment provider reported $2.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.04 by $0.06. The firm had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.94 billion. Motorola Solutions had a negative return on equity of 75.81% and a negative net margin of 2.43%. The business’s quarterly revenue was up 3.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.03 earnings per share.

A number of research analysts have recently issued reports on MSI shares. Zacks Investment Research lowered shares of Motorola Solutions from a “buy” rating to a “hold” rating in a report on Monday, January 8th. ValuEngine lowered shares of Motorola Solutions from a “buy” rating to a “hold” rating in a report on Wednesday, November 15th. Citigroup raised their price objective on shares of Motorola Solutions from $112.00 to $120.00 and gave the stock a “buy” rating in a report on Monday. Deutsche Bank upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating and set a $78.00 price objective for the company in a report on Friday, January 12th. Finally, Jefferies Group raised their price objective on shares of Motorola Solutions from $105.00 to $110.00 and gave the stock a “buy” rating in a report on Friday, November 3rd. Three research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $101.55.

Motorola Solutions (NYSE:MSI) opened at $101.06 on Tuesday. The company has a market capitalization of $16,826.92, a price-to-earnings ratio of -93.57, a P/E/G ratio of 4.17 and a beta of 0.40. The company has a debt-to-equity ratio of -2.56, a current ratio of 1.35 and a quick ratio of 1.24. Motorola Solutions has a 12 month low of $76.92 and a 12 month high of $107.78.

In other news, EVP Eduardo F. Conrado sold 75,830 shares of Motorola Solutions stock in a transaction on Tuesday, December 5th. The shares were sold at an average price of $93.12, for a total transaction of $7,061,289.60. Following the transaction, the executive vice president now owns 51,346 shares in the company, valued at approximately $4,781,339.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Mark S. Hacker sold 7,411 shares of Motorola Solutions stock in a transaction on Friday, January 12th. The stock was sold at an average price of $95.00, for a total transaction of $704,045.00. Following the transaction, the executive vice president now owns 16,396 shares in the company, valued at approximately $1,557,620. The disclosure for this sale can be found here. Insiders have sold 1,330,260 shares of company stock valued at $49,414,407 in the last three months. 2.50% of the stock is owned by insiders.

A number of hedge funds have recently made changes to their positions in the business. Parnassus Investments CA increased its holdings in shares of Motorola Solutions by 0.7% in the 4th quarter. Parnassus Investments CA now owns 5,688,161 shares of the communications equipment provider’s stock worth $513,868,000 after buying an additional 38,579 shares during the last quarter. Raymond James Trust N.A. increased its holdings in shares of Motorola Solutions by 12.9% in the 4th quarter. Raymond James Trust N.A. now owns 8,071 shares of the communications equipment provider’s stock worth $729,000 after buying an additional 921 shares during the last quarter. Meeder Asset Management Inc. increased its holdings in shares of Motorola Solutions by 67.4% in the 4th quarter. Meeder Asset Management Inc. now owns 2,171 shares of the communications equipment provider’s stock worth $196,000 after buying an additional 874 shares during the last quarter. Public Employees Retirement Association of Colorado increased its holdings in shares of Motorola Solutions by 3.4% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 31,332 shares of the communications equipment provider’s stock worth $2,831,000 after buying an additional 1,042 shares during the last quarter. Finally, CIBC Asset Management Inc increased its holdings in shares of Motorola Solutions by 2.5% in the 4th quarter. CIBC Asset Management Inc now owns 28,752 shares of the communications equipment provider’s stock worth $2,597,000 after buying an additional 709 shares during the last quarter. Institutional investors and hedge funds own 87.89% 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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