Somewhat Favorable News Coverage Somewhat Unlikely to Affect Motorola Solutions (MSI) Share Price
News headlines about Motorola Solutions (NYSE:MSI) have been trending somewhat positive on Thursday, Accern Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Motorola Solutions earned a news sentiment score of 0.03 on Accern’s scale. Accern also assigned media coverage about the communications equipment provider an impact score of 46.4263308802836 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the headlines that may have impacted Accern’s rankings:
- Brokerages Anticipate Motorola Solutions, Inc. (MSI) to Post $1.41 EPS (americanbankingnews.com)
- Motorola Solutions Expands Software Innovation with New Software Development and Deployment Leaders (finance.yahoo.com)
- Head to Head Review: Motorola Solutions (MSI) & Its Rivals (americanbankingnews.com)
- Financial Review: Arista Networks (ANET) and Motorola Solutions (MSI) (americanbankingnews.com)
Several research analysts have weighed in on the stock. Cowen and Company reaffirmed a “market perform” rating and set a $83.00 target price (up previously from $75.00) on shares of Motorola Solutions in a research note on Wednesday, August 9th. Jefferies Group LLC reaffirmed a “buy” rating and set a $105.00 target price (up previously from $100.00) on shares of Motorola Solutions in a research note on Wednesday, August 9th. Zacks Investment Research raised shares of Motorola Solutions from a “sell” rating to a “hold” rating and set a $99.00 target price for the company in a research note on Tuesday, August 8th. BMO Capital Markets increased their target price on shares of Motorola Solutions from $95.00 to $102.00 and gave the stock an “outperform” rating in a research note on Friday, August 4th. Finally, ValuEngine lowered shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Tuesday, August 22nd. Four investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $94.08.
Shares of Motorola Solutions (MSI) opened at 85.64 on Thursday. The stock’s 50 day moving average is $86.03 and its 200 day moving average is $86.05. Motorola Solutions has a 12 month low of $71.24 and a 12 month high of $93.75. The firm has a market cap of $13.93 billion, a PE ratio of 22.58 and a beta of 0.31.
Motorola Solutions (NYSE:MSI) last issued its earnings results on Thursday, August 3rd. The communications equipment provider reported $1.06 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.99 by $0.07. Motorola Solutions had a negative return on equity of 93.44% and a net margin of 10.38%. The business had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.46 billion. During the same quarter in the previous year, the business earned $1.03 EPS. The company’s revenue for the quarter was up 4.7% on a year-over-year basis. On average, analysts anticipate that Motorola Solutions will post $5.29 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Stockholders of record on Friday, September 15th will be issued a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date is Thursday, September 14th. Motorola Solutions’s payout ratio is currently 49.60%.
In other news, EVP Bruce W. Brda sold 25,299 shares of the business’s stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $89.11, for a total transaction of $2,254,393.89. Following the completion of the sale, the executive vice president now owns 23,829 shares in the company, valued at approximately $2,123,402.19. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Eduardo F. Conrado sold 6,998 shares of the business’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $89.13, for a total value of $623,731.74. Following the sale, the executive vice president now owns 22,858 shares of the company’s stock, valued at approximately $2,037,333.54. The disclosure for this sale can be found here. 2.50% of the stock is currently owned by insiders.
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About Motorola Solutions
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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