Q1 2018 EPS Estimates for MicroStrategy Incorporated Reduced by First Analysis (MSTR)

MicroStrategy Incorporated (NASDAQ:MSTR) – Stock analysts at First Analysis decreased their Q1 2018 EPS estimates for shares of MicroStrategy in a note issued to investors on Wednesday. First Analysis analyst F. Sparacino now expects that the software maker will earn $0.61 per share for the quarter, down from their prior forecast of $0.67.

MicroStrategy (NASDAQ:MSTR) last released its quarterly earnings results on Thursday, January 25th. The software maker reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.17. MicroStrategy had a net margin of 3.50% and a return on equity of 10.43%. The business had revenue of $138.10 million for the quarter, compared to analysts’ expectations of $132.91 million. During the same period in the previous year, the company earned $2.69 earnings per share. The firm’s revenue for the quarter was down 1.4% compared to the same quarter last year.

Several other research analysts have also recently weighed in on MSTR. BidaskClub upgraded shares of MicroStrategy from a “strong sell” rating to a “sell” rating in a report on Saturday, February 10th. Mizuho reiterated a “buy” rating and issued a $200.00 price target on shares of MicroStrategy in a research note on Thursday, January 25th. Finally, Zacks Investment Research lowered shares of MicroStrategy from a “hold” rating to a “sell” rating in a research note on Wednesday, January 17th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $155.75.

MicroStrategy (NASDAQ:MSTR) opened at $135.83 on Thursday. MicroStrategy has a twelve month low of $122.90 and a twelve month high of $197.22. The firm has a market cap of $1,533.41, a PE ratio of 25.14 and a beta of 0.63.

Several hedge funds have recently made changes to their positions in the company. Flinton Capital Management LLC boosted its holdings in shares of MicroStrategy by 83.3% in the second quarter. Flinton Capital Management LLC now owns 528 shares of the software maker’s stock worth $101,000 after buying an additional 240 shares during the last quarter. Stone Ridge Asset Management LLC purchased a new position in shares of MicroStrategy in the fourth quarter worth approximately $257,000. Quantitative Systematic Strategies LLC purchased a new position in MicroStrategy during the fourth quarter valued at approximately $263,000. Crossmark Global Holdings Inc. purchased a new position in MicroStrategy during the third quarter valued at approximately $290,000. Finally, SG Americas Securities LLC lifted its holdings in MicroStrategy by 93.5% during the third quarter. SG Americas Securities LLC now owns 2,367 shares of the software maker’s stock valued at $302,000 after purchasing an additional 1,144 shares in the last quarter. Hedge funds and other institutional investors own 74.31% of the company’s stock.

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About MicroStrategy

MicroStrategy Incorporated is a provider of enterprise software platforms around the world. The Company is engaged in the design, development, marketing and sales of its software platform through licensing arrangements, and cloud-based subscriptions and related services. It focuses on providing enterprise customers with software platform and services for deploying intelligence applications.

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