Motorola Solutions (NYSE:MSI) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, January 31st. Motorola Solutions has set its Q4 guidance at $2.00-2.05 EPS.
Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, November 2nd. The communications equipment provider reported $1.53 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.40 by $0.13. The company had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.58 billion. Motorola Solutions had a net margin of 10.51% and a negative return on equity of 92.09%. The company’s revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.37 EPS. On average, analysts expect Motorola Solutions to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.
Shares of Motorola Solutions (MSI) opened at $99.00 on Monday. The firm has a market cap of $15,824.14, a PE ratio of 25.32, a PEG ratio of 4.04 and a beta of 0.35. Motorola Solutions has a 1 year low of $76.92 and a 1 year high of $99.00. The company has a debt-to-equity ratio of -5.41, a current ratio of 1.30 and a quick ratio of 1.16.
The business also recently announced a quarterly dividend, which was paid on Friday, January 12th. Stockholders of record on Friday, December 15th were given a $0.52 dividend. The ex-dividend date was Thursday, December 14th. This represents a $2.08 annualized dividend and a dividend yield of 2.10%. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.47. Motorola Solutions’s payout ratio is presently 53.20%.
MSI has been the subject of several research analyst reports. Cleveland Research raised shares of Motorola Solutions from a “neutral” rating to a “buy” rating in a research report on Friday, October 6th. Jefferies Group reissued a “buy” rating and issued a $105.00 target price on shares of Motorola Solutions in a research report on Friday, October 6th. Zacks Investment Research raised shares of Motorola Solutions from a “hold” rating to a “buy” rating and set a $100.00 target price for the company in a research report on Friday, October 20th. Citigroup boosted their price objective on shares of Motorola Solutions from $104.00 to $112.00 and gave the company a “buy” rating in a research report on Wednesday, January 24th. Finally, Deutsche Bank raised shares of Motorola Solutions from a “hold” rating to a “buy” rating and set a $78.00 price objective for the company in a research report on Friday, January 12th. Three equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $96.33.
In other Motorola Solutions news, EVP Bruce W. Brda sold 5,916 shares of the business’s stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $92.41, for a total transaction of $546,697.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Motorola Solutions, Inc. sold 949,779 shares of the business’s stock in a transaction dated Wednesday, January 10th. The shares were sold at an average price of $15.00, for a total transaction of $14,246,685.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 1,336,176 shares of company stock valued at $49,961,105. Insiders own 2.50% of the company’s stock.
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About Motorola Solutions
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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