Analysts’ Weekly Ratings Updates for Motorola Solutions (MSI)

Several analysts have recently updated their ratings and price targets for Motorola Solutions (NYSE: MSI):

  • 8/9/2017 – Motorola Solutions had its “market perform” rating reaffirmed by analysts at Cowen and Company. They now have a $83.00 price target on the stock, up previously from $75.00.
  • 8/9/2017 – Motorola Solutions had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $105.00 price target on the stock, up previously from $100.00.
  • 8/8/2017 – Motorola Solutions was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. They now have a $99.00 price target on the stock. According to Zacks, “Shares of Motorola Solutions have performed well for the last one year, outperforming its industry. Ushering in further good news, the company reported better-than-expected earnings per share and revenues in the second quarter of 2017. Both the metrics also improved on a year-over-year basis. Notably, results were aided by the strong performance of its land and mobile radio (LMR) operations. Also, the company raised its 2017 guidance for both revenues and earnings per share. In fact, Motorola’s efforts to reward its investors are also encouraging. However, we are concerned about the decline in adjusted operating margin by 80 basis points to 21.9% in the second quarter. Though positive on growth by acquisition strategy, costs associated with the mergers are limiting bottom-line growth. Furthermore, its cash from operations declined substantially in the second quarter due to higher working capital requirement.”
  • 8/7/2017 – Motorola Solutions had its price target raised by analysts at Deutsche Bank AG from $73.00 to $78.00. They now have a “hold” rating on the stock.
  • 8/4/2017 – Motorola Solutions had its price target raised by analysts at BMO Capital Markets from $95.00 to $102.00. They now have an “outperform” rating on the stock.
  • 8/1/2017 – Motorola Solutions was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “sell” rating. According to Zacks, “Motorola Solutions, whose shares have outperformed its industry over the last one year, has made multiple acquisitions of late to expand its product portfolio. Though positive on this growth by acquisition strategy, we note that costs associated with the mergers might hurt the bottom-line. Apart from high costs, adverse foreign currency movements too might hurt its second quarter results, scheduled for Aug 3. The negative sentiment surrounding the stock ahead of its second quarter release can be gauged from the fact that the Zacks Consensus Estimate for earnings has declined 4.8% over the last three months to $0.99 per share. We are, however, impressed by Motorola’s efforts to reward its investors through dividend payments and buybacks.”
  • 7/27/2017 – Motorola Solutions was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $102.00 price target on the stock. According to Zacks, “Shares of Motorola Solutions have outperformed its industry in the past one year. We are impressed by the company's strategy of growing through mergers and acquisitions. The acquisition of Spillman Technologies, last year, significantly expanded its product portfolio. The purchase of Interexport, earlier this year, is also a positive. We are impressed by Motorola’s efforts to reward investors through dividend payments and buybacks. These tailwinds will aid its second quarter results, to be released on Aug 3. However, we remain concerned about the company's exposure to foreign exchange movements. Moreoever, the reduction in government expenditure and macroeconomic fluctuations may affect the company’s top line, going forward.”
  • 7/27/2017 – Motorola Solutions was given a new $95.00 price target on by analysts at Credit Suisse Group. They now have a “buy” rating on the stock.
  • 6/27/2017 – Motorola Solutions was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 6/23/2017 – Motorola Solutions had its “buy” rating reaffirmed by analysts at BMO Capital Markets.

Motorola Solutions, Inc. (NYSE MSI) opened at 86.99 on Friday. The firm has a market cap of $14.15 billion, a P/E ratio of 22.94 and a beta of 0.32. The firm has a 50-day moving average of $88.92 and a 200 day moving average of $84.56. Motorola Solutions, Inc. has a 1-year low of $71.24 and a 1-year high of $93.75.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, August 3rd. The communications equipment provider reported $1.06 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.99 by $0.07. The firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.46 billion. Motorola Solutions had a net margin of 10.38% and a negative return on equity of 93.44%. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.03 EPS. On average, analysts predict that Motorola Solutions, Inc. will post $5.28 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 14th. Shareholders of record on Thursday, June 15th were issued a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 2.16%. The ex-dividend date of this dividend was Tuesday, June 13th. Motorola Solutions’s dividend payout ratio is currently 49.60%.

In other Motorola Solutions news, EVP Bruce W. Brda sold 25,299 shares of the firm’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $89.11, for a total transaction of $2,254,393.89. Following the completion of the transaction, the executive vice president now directly owns 23,829 shares of the company’s stock, valued at approximately $2,123,402.19. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Eduardo F. Conrado sold 6,998 shares of the firm’s stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $89.13, for a total transaction of $623,731.74. Following the transaction, the executive vice president now directly owns 22,858 shares of the company’s stock, valued at $2,037,333.54. The disclosure for this sale can be found here. 2.50% of the stock is owned by company insiders.

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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