Motorola Solutions (MSI) Scheduled to Post Quarterly Earnings on Thursday

Motorola Solutions (NYSE:MSI) is set to issue its quarterly earnings data after the market closes on Thursday, May 2nd. Analysts expect the company to announce earnings of $2.27 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 EPS for the quarter, topping analysts’ consensus estimates of $3.63 by $0.27. Motorola Solutions had a return on equity of 441.65% and a net margin of 17.12%. The firm had revenue of $2.85 billion during the quarter, compared to the consensus estimate of $2.82 billion. During the same quarter in the previous year, the company posted $3.38 earnings per share. The company’s revenue was up 5.2% compared to the same quarter last year. On average, analysts expect Motorola Solutions to post $12 EPS for the current fiscal year and $13 EPS for the next fiscal year.

Motorola Solutions Trading Down 0.1 %

Motorola Solutions stock opened at $345.11 on Thursday. The company has a quick ratio of 0.85, a current ratio of 1.00 and a debt-to-equity ratio of 6.37. Motorola Solutions has a 52 week low of $269.64 and a 52 week high of $355.39. The company has a market capitalization of $57.33 billion, a price-to-earnings ratio of 34.75, a price-to-earnings-growth ratio of 3.19 and a beta of 0.90. The stock has a 50-day moving average price of $340.71 and a 200 day moving average price of $321.33.

Motorola Solutions Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Friday, March 15th were issued a dividend of $0.98 per share. This represents a $3.92 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date of this dividend was Thursday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) is 39.48%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on MSI. JPMorgan Chase & Co. lifted their target price on Motorola Solutions from $360.00 to $400.00 and gave the stock an “overweight” rating in a report on Thursday, April 11th. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a report on Monday, February 12th. William Blair reissued an “outperform” rating on shares of Motorola Solutions in a report on Friday, February 9th. Evercore ISI began coverage on Motorola Solutions in a report on Monday, March 25th. They issued an “outperform” rating and a $400.00 price target for the company. Finally, Deutsche Bank Aktiengesellschaft began coverage on Motorola Solutions in a report on Friday, January 19th. They issued a “buy” rating and a $350.00 price target for the company. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Motorola Solutions has an average rating of “Moderate Buy” and an average target price of $348.38.

Insider Activity

In other news, SVP Cynthia Yazdi sold 4,744 shares of the business’s stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $334.30, for a total value of $1,585,919.20. Following the completion of the sale, the senior vice president now directly owns 8,858 shares in the company, valued at $2,961,229.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 1.26% of the company’s stock.

Motorola Solutions Company Profile

Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.