Motorola Solutions, Inc. (NYSE:MSI) Receives $504.88 Consensus Target Price from Analysts

Motorola Solutions, Inc. (NYSE:MSI) has earned an average recommendation of “Moderate Buy” from the eight brokerages that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $505.88.

Several analysts have recently commented on MSI shares. Morgan Stanley increased their target price on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a report on Friday. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Bank of America boosted their target price on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. Raymond James increased their price target on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Finally, Barclays dropped their price objective on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research report on Friday.

Motorola Solutions Trading Down 6.2 %

Shares of MSI stock opened at $437.35 on Tuesday. The company has a market capitalization of $73.09 billion, a P/E ratio of 47.90, a P/E/G ratio of 3.54 and a beta of 1.02. Motorola Solutions has a 12-month low of $318.20 and a 12-month high of $507.82. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. The firm has a 50-day moving average price of $467.34 and a 200 day moving average price of $458.55.

Motorola Solutions (NYSE:MSI) last posted its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). The firm had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. Research analysts forecast that Motorola Solutions will post 12.57 earnings per share for the current fiscal year.

Institutional Trading of Motorola Solutions

Institutional investors have recently bought and sold shares of the business. Tradition Wealth Management LLC grew its stake in shares of Motorola Solutions by 3.3% during the third quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider’s stock worth $294,000 after purchasing an additional 21 shares during the period. Fidelis Capital Partners LLC increased its stake in shares of Motorola Solutions by 1.0% in the 3rd quarter. Fidelis Capital Partners LLC now owns 2,223 shares of the communications equipment provider’s stock valued at $1,038,000 after acquiring an additional 22 shares during the last quarter. Omnia Family Wealth LLC increased its stake in shares of Motorola Solutions by 2.2% in the 3rd quarter. Omnia Family Wealth LLC now owns 1,170 shares of the communications equipment provider’s stock valued at $527,000 after acquiring an additional 25 shares during the last quarter. Center for Financial Planning Inc. raised its position in shares of Motorola Solutions by 0.5% in the 4th quarter. Center for Financial Planning Inc. now owns 5,055 shares of the communications equipment provider’s stock valued at $2,337,000 after acquiring an additional 25 shares during the period. Finally, Prestige Wealth Management Group LLC boosted its stake in Motorola Solutions by 11.9% during the 4th quarter. Prestige Wealth Management Group LLC now owns 235 shares of the communications equipment provider’s stock worth $109,000 after acquiring an additional 25 shares during the last quarter. Institutional investors and hedge funds own 84.17% 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.