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

Motorola Solutions (NYSE:MSI) is scheduled 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 register for the company’s conference call can do so using this link.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.63 by $0.27. The business had revenue of $2.85 billion for the quarter, compared to the consensus estimate of $2.82 billion. Motorola Solutions had a net margin of 17.12% and a return on equity of 441.65%. The company’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.38 EPS. 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 Stock Down 0.1 %

Shares of Motorola Solutions stock opened at $345.11 on Thursday. The company has a current ratio of 1.00, a quick ratio of 0.85 and a debt-to-equity ratio of 6.37. The company’s fifty day simple moving average is $340.71 and its two-hundred day simple moving average is $321.33. The company has a market cap of $57.33 billion, a P/E ratio of 34.75, a PEG ratio of 3.19 and a beta of 0.90. Motorola Solutions has a 12-month low of $269.64 and a 12-month high of $355.39.

Motorola Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 15th were given a dividend of $0.98 per share. This represents a $3.92 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date was Thursday, March 14th. Motorola Solutions’s payout ratio is currently 39.48%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on MSI. Evercore ISI began coverage on shares of Motorola Solutions in a research report on Monday, March 25th. They issued an “outperform” rating and a $400.00 target price on the stock. Barclays upped their target price on shares of Motorola Solutions from $333.00 to $352.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 2nd. JPMorgan Chase & Co. upped their target price on shares of Motorola Solutions from $360.00 to $400.00 and gave the stock an “overweight” rating in a research report on Thursday, April 11th. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Monday, February 12th. Finally, William Blair reiterated an “outperform” rating on shares of Motorola Solutions in a research note on Friday, February 9th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, Motorola Solutions has a consensus rating of “Moderate Buy” and an average target price of $348.38.

Insider Buying and Selling at Motorola Solutions

In other Motorola Solutions news, SVP Cynthia Yazdi sold 4,744 shares of the company’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $334.30, for a total transaction of $1,585,919.20. Following the transaction, the senior vice president now owns 8,858 shares in the company, valued at approximately $2,961,229.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 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.