Motorola Solutions Inc (MSI) Expected to Post Earnings of $2.48 Per Share

Wall Street analysts forecast that Motorola Solutions Inc (NYSE:MSI) will report earnings per share of $2.48 for the current quarter, according to Zacks. Five analysts have made estimates for Motorola Solutions’ earnings. The highest EPS estimate is $2.62 and the lowest is $2.26. Motorola Solutions reported earnings per share of $2.10 in the same quarter last year, which suggests a positive year over year growth rate of 18.1%. The company is expected to announce its next earnings report on Thursday, February 7th.

According to Zacks, analysts expect that Motorola Solutions will report full-year earnings of $7.00 per share for the current year, with EPS estimates ranging from $6.84 to $7.14. For the next fiscal year, analysts expect that the firm will post earnings of $7.53 per share, with EPS estimates ranging from $7.30 to $7.81. Zacks’ EPS averages are an average based on a survey of analysts that cover Motorola Solutions.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, November 1st. The communications equipment provider reported $1.94 earnings per share for the quarter, beating analysts’ consensus estimates of $1.72 by $0.22. Motorola Solutions had a negative net margin of 0.44% and a negative return on equity of 68.88%. The company had revenue of $1.86 billion during the quarter, compared to the consensus estimate of $1.87 billion. During the same period in the previous year, the business earned $1.53 earnings per share. The firm’s quarterly revenue was up 13.2% on a year-over-year basis.

A number of research firms have recently weighed in on MSI. Raymond James set a $136.00 price target on shares of Motorola Solutions and gave the company a “buy” rating in a research report on Monday, December 3rd. Zacks Investment Research upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating and set a $150.00 price target for the company in a research report on Wednesday. Citigroup lifted their price target on shares of Motorola Solutions from $130.00 to $146.00 and gave the company a “buy” rating in a research report on Tuesday, September 25th. Gabelli downgraded shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Monday, November 5th. They noted that the move was a valuation call. Finally, BMO Capital Markets lifted their price target on shares of Motorola Solutions from $134.00 to $135.00 and gave the company an “outperform” rating in a research report on Friday, November 2nd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and ten have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $128.68.

Shares of NYSE MSI traded down $2.23 during midday trading on Friday, reaching $127.53. The company’s stock had a trading volume of 1,279,792 shares, compared to its average volume of 860,869. Motorola Solutions has a fifty-two week low of $89.18 and a fifty-two week high of $133.97. The company has a market cap of $21.22 billion, a price-to-earnings ratio of 24.53, a PEG ratio of 1.98 and a beta of 0.46.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 15th. Investors of record on Friday, December 14th will be paid a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 1.79%. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.52. The ex-dividend date of this dividend is Thursday, December 13th. Motorola Solutions’s dividend payout ratio (DPR) is 40.00%.

In related news, SVP Rajan Naik sold 14,606 shares of Motorola Solutions stock in a transaction that occurred on Monday, November 26th. The shares were sold at an average price of $127.00, for a total value of $1,854,962.00. Following the transaction, the senior vice president now directly owns 10,544 shares of the company’s stock, valued at $1,339,088. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Daniel G. Pekofske sold 3,132 shares of Motorola Solutions stock in a transaction that occurred on Monday, November 5th. The shares were sold at an average price of $123.12, for a total transaction of $385,611.84. The disclosure for this sale can be found here. Insiders sold 849,902 shares of company stock worth $107,111,734 over the last three months. 2.20% of the stock is currently owned by insiders.

A number of large investors have recently made changes to their positions in the stock. Global Financial Private Capital LLC increased its stake in Motorola Solutions by 12.1% in the second quarter. Global Financial Private Capital LLC now owns 4,154 shares of the communications equipment provider’s stock valued at $483,000 after acquiring an additional 450 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Motorola Solutions by 1.2% during the second quarter. Envestnet Asset Management Inc. now owns 39,257 shares of the communications equipment provider’s stock worth $4,568,000 after buying an additional 474 shares during the last quarter. MUFG Americas Holdings Corp grew its stake in shares of Motorola Solutions by 14.4% during the third quarter. MUFG Americas Holdings Corp now owns 3,893 shares of the communications equipment provider’s stock worth $507,000 after buying an additional 489 shares during the last quarter. US Bancorp DE grew its stake in shares of Motorola Solutions by 2.2% during the second quarter. US Bancorp DE now owns 23,462 shares of the communications equipment provider’s stock worth $2,730,000 after buying an additional 497 shares during the last quarter. Finally, E&G Advisors LP grew its stake in shares of Motorola Solutions by 15.6% during the third quarter. E&G Advisors LP now owns 3,700 shares of the communications equipment provider’s stock worth $482,000 after buying an additional 500 shares during the last quarter. 85.77% of the stock is currently owned by institutional investors and hedge funds.

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

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