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

Shares of Motorola Solutions, Inc. (NYSE:MSI) have been given a consensus rating of “Moderate Buy” by the eleven brokerages that are presently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation, eight have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $497.1429.

A number of analysts have recently weighed in on the stock. Argus raised shares of Motorola Solutions to a “strong-buy” rating in a research report on Friday, February 13th. Weiss Ratings downgraded shares of Motorola Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, February 11th. Barclays boosted their target price on shares of Motorola Solutions from $495.00 to $506.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Northcoast Research raised shares of Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 price target on the stock in a research report on Monday, December 1st. Finally, JPMorgan Chase & Co. lifted their price target on Motorola Solutions from $515.00 to $520.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th.

Motorola Solutions Trading Up 2.0%

Shares of MSI stock opened at $462.95 on Friday. The company has a quick ratio of 0.87, a current ratio of 1.04 and a debt-to-equity ratio of 3.47. Motorola Solutions has a fifty-two week low of $359.36 and a fifty-two week high of $492.22. The firm’s 50 day moving average price is $400.87 and its two-hundred day moving average price is $422.04. The stock has a market cap of $76.69 billion, a price-to-earnings ratio of 36.28, a price-to-earnings-growth ratio of 3.18 and a beta of 1.00.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Wednesday, February 11th. The communications equipment provider reported $4.59 EPS for the quarter, beating analysts’ consensus estimates of $4.35 by $0.24. Motorola Solutions had a net margin of 18.44% and a return on equity of 110.75%. The business had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.34 billion. During the same quarter last year, the firm posted $4.04 EPS. The business’s revenue for the quarter was up 12.3% compared to the same quarter last year. On average, analysts anticipate that Motorola Solutions will post 13.55 EPS for the current year.

Hedge Funds Weigh In On Motorola Solutions

Hedge funds have recently added to or reduced their stakes in the business. Orion Capital Management LLC bought a new position in shares of Motorola Solutions in the 3rd quarter worth about $25,000. United Community Bank raised its stake in Motorola Solutions by 81.3% during the third quarter. United Community Bank now owns 58 shares of the communications equipment provider’s stock worth $27,000 after acquiring an additional 26 shares during the period. Strategic Advocates LLC bought a new position in Motorola Solutions in the third quarter worth about $28,000. JPL Wealth Management LLC acquired a new position in Motorola Solutions in the third quarter valued at approximately $31,000. Finally, Halbert Hargrove Global Advisors LLC bought a new position in shares of Motorola Solutions during the third quarter valued at approximately $33,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Company Profile

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.