Motorola Solutions Inc (MSI) Expected to Post Earnings of $2.03 Per Share

Equities analysts expect that Motorola Solutions Inc (NYSE:MSI) will report earnings of $2.03 per share for the current fiscal quarter, according to Zacks Investment Research. Five analysts have made estimates for Motorola Solutions’ earnings, with estimates ranging from $2.00 to $2.05. Motorola Solutions also reported earnings per share of $2.03 during the same quarter last year. The business is scheduled to announce its next earnings results on Thursday, February 1st.

According to Zacks, analysts expect that Motorola Solutions will report full year earnings of $5.39 per share for the current year, with EPS estimates ranging from $5.35 to $5.44. For the next fiscal year, analysts forecast that the company will report earnings of $5.71 per share, with EPS estimates ranging from $5.37 to $5.90. Zacks’ EPS averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Motorola Solutions.

Motorola Solutions (NYSE:MSI) last announced its earnings results on Thursday, November 2nd. The communications equipment provider reported $1.53 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.40 by $0.13. The firm had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.58 billion. Motorola Solutions had a negative return on equity of 92.09% and a net margin of 10.51%. The business’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.37 EPS.

Several brokerages have commented on MSI. Jefferies Group reaffirmed a “buy” rating and set a $105.00 target price on shares of Motorola Solutions in a report on Tuesday, August 22nd. ValuEngine downgraded Motorola Solutions from a “buy” rating to a “hold” rating in a report on Tuesday, August 22nd. Finally, Zacks Investment Research raised Motorola Solutions from a “hold” rating to a “buy” rating and set a $97.00 target price on the stock in a report on Wednesday, September 6th. Four investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $95.08.

In other news, EVP Bruce W. Brda sold 5,916 shares of Motorola Solutions stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $92.41, for a total value of $546,697.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Gregory Q. Brown sold 50,000 shares of Motorola Solutions stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $94.32, for a total value of $4,716,000.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 359,286 shares of company stock valued at $33,178,275. Corporate insiders own 2.50% of the company’s stock.

A number of institutional investors have recently modified their holdings of MSI. Schwab Charles Investment Management Inc. increased its position in Motorola Solutions by 6.6% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 624,195 shares of the communications equipment provider’s stock valued at $54,143,000 after buying an additional 38,642 shares in the last quarter. Conning Inc. increased its position in Motorola Solutions by 1.8% in the 2nd quarter. Conning Inc. now owns 5,311 shares of the communications equipment provider’s stock valued at $461,000 after buying an additional 96 shares in the last quarter. Dupont Capital Management Corp increased its position in Motorola Solutions by 9.7% in the 2nd quarter. Dupont Capital Management Corp now owns 24,236 shares of the communications equipment provider’s stock valued at $2,102,000 after buying an additional 2,144 shares in the last quarter. LMR Partners LLP bought a new stake in Motorola Solutions in the 2nd quarter valued at about $948,000. Finally, State of Wisconsin Investment Board bought a new stake in Motorola Solutions in the 2nd quarter valued at about $2,325,000. 87.78% of the stock is owned by institutional investors and hedge funds.

Shares of Motorola Solutions (MSI) traded down $1.21 on Friday, reaching $93.28. The company’s stock had a trading volume of 1,782,000 shares, compared to its average volume of 1,078,066. The firm has a market cap of $15,307.36, a P/E ratio of 18.38, a PEG ratio of 4.22 and a beta of 0.35. Motorola Solutions has a 52-week low of $76.92 and a 52-week high of $95.30. The company has a debt-to-equity ratio of -5.41, a current ratio of 1.30 and a quick ratio of 1.16.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Stockholders of record on Friday, December 15th will be given a $0.52 dividend. The ex-dividend date is Thursday, December 14th. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.47. This represents a $2.08 annualized dividend and a dividend yield of 2.23%. Motorola Solutions’s dividend payout ratio (DPR) is 53.20%.

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Motorola Solutions Company Profile

Motorola Solutions, Inc is a provider of communication infrastructure, devices, accessories, software and services. The Company operates through two segments: Products and Services. The Company’s Products segment offers a portfolio of infrastructure, devices, accessories and software. The Products segment has two product lines: Devices and Systems.

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Earnings History and Estimates for Motorola Solutions (NYSE:MSI)

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