Analysts Anticipate Motorola Solutions Inc (MSI) Will Announce Earnings of $1.14 Per Share

Analysts expect Motorola Solutions Inc (NYSE:MSI) to post $1.14 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Four analysts have made estimates for Motorola Solutions’ earnings, with the lowest EPS estimate coming in at $1.09 and the highest estimate coming in at $1.17. Motorola Solutions posted earnings of $1.10 per share during the same quarter last year, which suggests a positive year over year growth rate of 3.6%. The business is scheduled to report its next earnings results on Thursday, May 2nd.

According to Zacks, analysts expect that Motorola Solutions will report full year earnings of $7.63 per share for the current year, with EPS estimates ranging from $7.45 to $7.75. For the next financial year, analysts anticipate that the business will report earnings of $8.42 per share, with EPS estimates ranging from $7.98 to $8.60. Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that follow Motorola Solutions.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, February 7th. The communications equipment provider reported $2.63 earnings per share for the quarter, topping the consensus estimate of $2.41 by $0.22. Motorola Solutions had a net margin of 13.17% and a negative return on equity of 82.33%. The firm had revenue of $2.25 billion during the quarter, compared to the consensus estimate of $2.22 billion. During the same quarter in the prior year, the firm earned $2.10 EPS. The company’s revenue for the quarter was up 15.2% on a year-over-year basis.

MSI has been the subject of several research analyst reports. TheStreet upgraded shares of Motorola Solutions from a “c+” rating to a “b-” rating in a research report on Tuesday, February 26th. Zacks Investment Research reiterated a “buy” rating and issued a $129.00 price objective on shares of Motorola Solutions in a report on Monday, December 31st. Raymond James set a $136.00 price objective on shares of Motorola Solutions and gave the company a “buy” rating in a report on Monday, December 3rd. Credit Suisse Group reiterated a “buy” rating and issued a $137.00 price objective on shares of Motorola Solutions in a report on Thursday, December 20th. Finally, Deutsche Bank increased their price objective on shares of Motorola Solutions to $150.00 and gave the company a “buy” rating in a report on Friday, February 8th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and twelve have issued a buy rating to the stock. Motorola Solutions currently has an average rating of “Buy” and a consensus target price of $131.50.

In other news, EVP John P. Molloy sold 79,995 shares of the stock in a transaction that occurred on Thursday, February 21st. The shares were sold at an average price of $139.42, for a total value of $11,152,902.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Kelly S. Mark sold 13,600 shares of the stock in a transaction that occurred on Wednesday, February 27th. The shares were sold at an average price of $142.71, for a total transaction of $1,940,856.00. The disclosure for this sale can be found here. 2.20% of the stock is currently owned by corporate insiders.

Institutional investors have recently bought and sold shares of the company. Exane Asset Management purchased a new stake in shares of Motorola Solutions in the 4th quarter valued at approximately $35,000. Sontag Advisory LLC purchased a new stake in shares of Motorola Solutions in the 4th quarter valued at approximately $38,000. Global Retirement Partners LLC grew its stake in shares of Motorola Solutions by 296.7% in the 4th quarter. Global Retirement Partners LLC now owns 357 shares of the communications equipment provider’s stock valued at $41,000 after buying an additional 267 shares during the period. Parkside Financial Bank & Trust grew its stake in shares of Motorola Solutions by 36.7% in the 4th quarter. Parkside Financial Bank & Trust now owns 365 shares of the communications equipment provider’s stock valued at $42,000 after buying an additional 98 shares during the period. Finally, G&S Capital LLC purchased a new stake in shares of Motorola Solutions in the 4th quarter valued at approximately $61,000. 86.45% of the stock is owned by institutional investors and hedge funds.

MSI opened at $140.09 on Friday. Motorola Solutions has a twelve month low of $103.18 and a twelve month high of $144.94. The stock has a market cap of $22.97 billion, a P/E ratio of 20.51, a P/E/G ratio of 2.38 and a beta of 0.60.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Friday, March 15th will be issued a $0.57 dividend. The ex-dividend date of this dividend is Thursday, March 14th. This represents a $2.28 dividend on an annualized basis and a yield of 1.63%. Motorola Solutions’s payout ratio is 33.38%.

About Motorola Solutions

Motorola Solutions, Inc, together with its subsidiaries, provides mission-critical communication infrastructure, devices, accessories, software, and services in the United States, the United Kingdom, and internationally. The company operates in two segments, Products and Services. The Products segment offers a portfolio of infrastructure, devices, accessories, and software for government, public safety and first-responder agencies, municipalities, and commercial and industrial customers.

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