Q2 2018 EPS Estimates for MicroStrategy Incorporated (MSTR) Increased by Analyst

MicroStrategy Incorporated (NASDAQ:MSTR) – First Analysis lifted their Q2 2018 earnings per share estimates for shares of MicroStrategy in a research report issued on Wednesday. First Analysis analyst F. Sparacino now forecasts that the software maker will earn $0.61 per share for the quarter, up from their prior estimate of $0.58. First Analysis also issued estimates for MicroStrategy’s Q3 2018 earnings at $0.62 EPS, Q4 2018 earnings at $0.62 EPS, FY2018 earnings at $2.45 EPS and FY2019 earnings at $3.06 EPS.

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

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

MicroStrategy (NASDAQ MSTR) opened at $137.55 on Friday. MicroStrategy has a 12-month low of $122.90 and a 12-month high of $197.22. The stock has a market capitalization of $1,570.00, a price-to-earnings ratio of 90.49 and a beta of 0.63.

Institutional investors have recently modified their holdings of the stock. MetLife Investment Advisors LLC acquired a new stake in MicroStrategy during the 4th quarter worth $603,000. TIAA CREF Investment Management LLC raised its stake in MicroStrategy by 5.5% during the 4th quarter. TIAA CREF Investment Management LLC now owns 82,116 shares of the software maker’s stock worth $10,782,000 after buying an additional 4,291 shares during the period. Two Sigma Investments LP raised its stake in MicroStrategy by 23.0% during the 4th quarter. Two Sigma Investments LP now owns 78,985 shares of the software maker’s stock worth $10,371,000 after buying an additional 14,759 shares during the period. Two Sigma Advisers LP raised its stake in MicroStrategy by 9.1% during the 4th quarter. Two Sigma Advisers LP now owns 87,901 shares of the software maker’s stock worth $11,541,000 after buying an additional 7,300 shares during the period. Finally, Ellington Management Group LLC acquired a new stake in MicroStrategy during the 4th quarter worth $315,000. 74.31% of the stock is currently owned by institutional investors and hedge funds.

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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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