Motorola Solutions, Inc. (NYSE:MSI) Given Average Recommendation of “Moderate Buy” by Brokerages

Motorola Solutions, Inc. (NYSE:MSI) has been given an average recommendation of “Moderate Buy” by the eleven ratings firms that are currently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $497.1429.

Several research firms recently weighed in on MSI. Northcoast Research raised shares of Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 price objective for the company in a report on Monday, December 1st. Weiss Ratings downgraded shares of Motorola Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, February 11th. Argus upgraded shares of Motorola Solutions to a “strong-buy” rating in a report on Friday, February 13th. Morgan Stanley reiterated an “overweight” rating and set a $470.00 price objective on shares of Motorola Solutions in a research note on Thursday, February 12th. Finally, JPMorgan Chase & Co. upped their target price on Motorola Solutions from $515.00 to $520.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th.

Motorola Solutions Stock Performance

MSI stock opened at $462.95 on Friday. Motorola Solutions has a 1 year low of $359.36 and a 1 year high of $492.22. The stock has a market capitalization of $76.69 billion, a price-to-earnings ratio of 36.28, a PEG ratio of 3.18 and a beta of 1.00. The company has a debt-to-equity ratio of 3.47, a quick ratio of 0.87 and a current ratio of 1.04. The stock’s fifty day moving average is $400.87 and its two-hundred day moving average is $422.04.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Wednesday, February 11th. The communications equipment provider reported $4.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.35 by $0.24. Motorola Solutions had a return on equity of 110.75% and a net margin of 18.44%.The business had revenue of $3.38 billion during the quarter, compared to the consensus estimate of $3.34 billion. During the same period in the previous year, the firm posted $4.04 earnings per share. The business’s revenue was up 12.3% on a year-over-year basis. On average, research analysts predict that Motorola Solutions will post 13.55 EPS for the current year.

Institutional Trading of Motorola Solutions

A number of hedge funds and other institutional investors have recently made changes to their positions in MSI. Orion Capital Management LLC bought a new position in shares of Motorola Solutions in the third quarter valued at $25,000. United Community Bank lifted its stake in Motorola Solutions by 81.3% in the 3rd quarter. United Community Bank now owns 58 shares of the communications equipment provider’s stock worth $27,000 after acquiring an additional 26 shares in the last quarter. Strategic Advocates LLC acquired a new stake in Motorola Solutions during the 3rd quarter worth about $28,000. JPL Wealth Management LLC acquired a new stake in Motorola Solutions during the 3rd quarter worth about $31,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new position in Motorola Solutions during the 3rd quarter valued at about $33,000. 84.17% of the stock is currently owned by institutional investors.

About Motorola Solutions

Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.

Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.