$1.50 EPS Expected for MicroStrategy Incorporated (NASDAQ:MSTR) This Quarter

Analysts predict that MicroStrategy Incorporated (NASDAQ:MSTR – Get Rating) will report earnings of $1.50 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for MicroStrategy’s earnings. MicroStrategy posted earnings per share of $1.54 in the same quarter last year, which suggests a negative year-over-year growth rate of 2.6%. The business is expected to issue its next earnings results after the market closes on Monday, January 1st.

On average, analysts expect that MicroStrategy will report full-year earnings of $6.64 per share for the current year. For the next financial year, analysts forecast that the business will report earnings of $5.86 per share, with EPS estimates ranging from $4.60 to $7.12. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research firms that cover MicroStrategy.

MicroStrategy (NASDAQ:MSTR – Get Rating) last issued its quarterly earnings data on Tuesday, February 1st. The software maker reported ($8.41) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.58 by ($9.99). MicroStrategy had a negative return on equity of 11.29% and a negative net margin of 104.84%. The firm had revenue of $134.52 million for the quarter, compared to the consensus estimate of $133.20 million. During the same quarter in the prior year, the firm earned $1.87 EPS. The company’s revenue was up 2.4% on a year-over-year basis.

Several equities research analysts recently issued reports on the company. BTIG Research reiterated a “buy” rating and issued a $950.00 price target on shares of MicroStrategy in a research note on Friday, January 21st. Jefferies Financial Group cut their target price on MicroStrategy from $620.00 to $580.00 and set a “hold” rating for the company in a research note on Thursday, January 6th. Finally, Zacks Investment Research cut MicroStrategy from a “hold” rating to a “strong sell” rating in a research note on Saturday. Three investment analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, MicroStrategy has a consensus rating of “Hold” and an average target price of $640.00.

Several large investors have recently made changes to their positions in MSTR. Capital World Investors raised its stake in shares of MicroStrategy by 366.7% in the fourth quarter. Capital World Investors now owns 587,996 shares of the software maker’s stock valued at $320,158,000 after buying an additional 461,996 shares during the period. Capital International Investors raised its stake in shares of MicroStrategy by 27.4% in the fourth quarter. Capital International Investors now owns 1,338,625 shares of the software maker’s stock valued at $728,868,000 after buying an additional 288,104 shares during the period. Norges Bank bought a new stake in shares of MicroStrategy in the fourth quarter valued at $55,352,000. Goldman Sachs Group Inc. raised its stake in shares of MicroStrategy by 646.3% in the third quarter. Goldman Sachs Group Inc. now owns 57,424 shares of the software maker’s stock valued at $33,214,000 after buying an additional 67,936 shares during the period. Finally, Two Sigma Advisers LP raised its stake in shares of MicroStrategy by 2,497.6% during the 3rd quarter. Two Sigma Advisers LP now owns 56,497 shares of the software maker’s stock valued at $32,678,000 after purchasing an additional 54,322 shares during the period. 54.45% of the stock is currently owned by institutional investors.

Shares of NASDAQ:MSTR traded down $46.32 during trading on Friday, reaching $354.17. 547,157 shares of the stock were exchanged, compared to its average volume of 317,046. MicroStrategy has a 12 month low of $307.19 and a 12 month high of $891.38. The firm has a market cap of $4.00 billion, a PE ratio of -6.54 and a beta of 1.62. The stock has a 50-day moving average price of $438.25 and a 200-day moving average price of $536.83. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 2.20.

MicroStrategy Company Profile (Get Rating)

MicroStrategy Incorporated provides enterprise analytics software and services worldwide. It offers MicroStrategy, an enterprise platform, which provides a modern analytics experience by delivering insights across multiple devices to users via hyperintelligence products, visualization and reporting capabilities, mobility features, and custom applications developed on the platform; analysts and data scientists with seamless access to trusted, governed data directly within their tools; and APIs and gateways, multiple deployment options, enterprise semantic graph, scalability, and security.

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