Analysts’ Weekly Ratings Changes for Motorola Solutions (MSI)

Motorola Solutions (NYSE: MSI) recently received a number of ratings updates from brokerages and research firms:

  • 2/9/2018 – Motorola Solutions is now covered by analysts at JPMorgan Chase & Co.. They set a “neutral” rating and a $115.00 price target on the stock.
  • 2/5/2018 – Motorola Solutions had its price target raised by analysts at MKM Partners to $116.00. They now have a “neutral” rating on the stock.
  • 2/5/2018 – Motorola Solutions had its price target raised by analysts at Citigroup Inc from $112.00 to $120.00. They now have a “buy” rating on the stock.
  • 2/2/2018 – Motorola Solutions had its price target raised by analysts at BMO Capital Markets from $102.00 to $116.00. They now have an “outperform” rating on the stock.
  • 1/24/2018 – Motorola Solutions had its price target raised by analysts at Citigroup Inc from $104.00 to $112.00. They now have a “buy” rating on the stock.
  • 1/17/2018 – Motorola Solutions was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $108.00 price target on the stock. According to Zacks, “Shares of Motorola Solutions have outperformed its industry in a year. The company's efforts to strengthen its software product portfolio raise optimism in the stock. In keeping with its objective, the company completed the acquisition of Kodiak Networks in 2017. Also, the company's decision to raise its quarterly dividend payout, in November 2017, is also encouraging. We are impressed by the company’s upbeat 2017 view as well. Moreover, Motorola's growth by acquisition strategy is noteworthy. The positive sentiment surrounding the stock may be gauged from the fact that the Zacks Consensus Estimate for 2017 and 2018 earnings have increased 2.3% and  2.1%, respectively, over the last 90 days. However, the company's weak balance sheet is concerning. Additionally, the company's cash from operations is being hurt due to higher working capital requirement from the implementation of a new ERP system. “
  • 1/12/2018 – Motorola Solutions was upgraded by analysts at Deutsche Bank AG from a “hold” rating to a “buy” rating. They now have a $78.00 price target on the stock.
  • 1/8/2018 – Motorola Solutions was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Shares of Motorola Solutions have outperformed its industry in a year. The company's efforts to strengthen its software product portfolio also raise optimism in the stock. In keeping with its objective, the company completed the acquisition of Kodiak Networks in August 2017. The company's decision, in November 2017, to raise its quarterly dividend payout is also encouraging. We are also impressed by the upbeat 2017 view provided by the company. Though positive on Motorola's growth by acquisition strategy, we note that costs associated with the mergers are limiting bottom-line growth. The company's weak balance sheet is also concerning. Moreover, the company's cash from operations is being hurt due to higher working capital requirement from the implementation of a new ERP system. “

Shares of Motorola Solutions Inc (MSI) traded up $0.98 during mid-day trading on Monday, reaching $100.11. The company had a trading volume of 300,174 shares, compared to its average volume of 1,390,512. The firm has a market cap of $16,059.04, a PE ratio of -92.69, a PEG ratio of 1.96 and a beta of 0.40. Motorola Solutions Inc has a 1 year low of $77.92 and a 1 year high of $107.78. 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 (NYSE:MSI) last issued its quarterly earnings results on Thursday, February 1st. The communications equipment provider reported $2.10 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.04 by $0.06. The firm had revenue of $1.96 billion for the quarter, compared to analysts’ expectations of $1.94 billion. Motorola Solutions had a negative return on equity of 75.81% and a negative net margin of 2.43%. The firm’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.03 EPS. equities research analysts predict that Motorola Solutions Inc will post 6.31 earnings per share for the current year.

In other Motorola Solutions news, CEO Gregory Q. Brown sold 75,019 shares of the business’s stock in a transaction that occurred 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 transaction, the chief executive officer now owns 183,312 shares in the company, valued at approximately $16,664,893.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Gregory Q. Brown sold 52,521 shares of the business’s stock in a transaction that occurred 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. Insiders sold a total of 1,375,837 shares of company stock worth $54,195,434 in the last 90 days. 2.50% of the stock is currently owned by insiders.

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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