Motorola Solutions, Inc. provides mission critical communications and analytics 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. Its land mobile radio communications and video security and access control devices include two-way portable and vehicle-mounted radios, fixed and mobile video cameras, and accessories; radio network core and central processing software, base stations, consoles, and repeaters; and video analytics, network video management hardware and software, and access control solutions. The Software and Services segment provides repair, technical support, and hardware maintenance services. This segment also offers monitoring, software updates, and cybersecurity services; and public safety and enterprise command center software, unified communications applications, and video software solutions through on-premise and as a service. It serves government, public safety, and commercial customers. The company was formerly known as Motorola, Inc. and changed its name to Motorola Solutions, Inc. in January 2011. Motorola Solutions, Inc. was founded in 1928 and is headquartered in Chicago, Illinois.
Motorola Solutions Price Performance
Shares of MSI traded up $10.52 during trading hours on Friday, reaching $250.21. 1,706,631 shares of the company's stock traded hands, compared to its average volume of 627,596. Motorola Solutions has a twelve month low of $195.18 and a twelve month high of $273.65. The business's fifty day simple moving average is $217.66 and its two-hundred day simple moving average is $222.11. The firm has a market capitalization of $41.86 billion, a price-to-earnings ratio of 36.11, a P/E/G ratio of 3.09 and a beta of 0.92.
Motorola Solutions (NYSE:MSI - Get Rating) last released its quarterly earnings results on Thursday, August 4th. The communications equipment provider reported $2.07 EPS for the quarter, topping analysts' consensus estimates of $1.87 by $0.20. The company had revenue of $2.14 billion for the quarter, compared to the consensus estimate of $2.06 billion. Motorola Solutions had a net margin of 14.22% and a negative return on equity of 752.91%. Motorola Solutions's revenue was up 8.6% on a year-over-year basis. During the same period in the previous year, the firm earned $1.94 EPS. On average, equities research analysts expect that Motorola Solutions will post 9.01 EPS for the current year.
Motorola Solutions Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, July 15th. Stockholders of record on Wednesday, June 15th were paid a $0.79 dividend. This represents a $3.16 dividend on an annualized basis and a dividend yield of 1.26%. The ex-dividend date was Tuesday, June 14th. Motorola Solutions's dividend payout ratio is presently 45.60%.
Analyst Upgrades and Downgrades
Several brokerages have recently weighed in on MSI. Loop Capital assumed coverage on Motorola Solutions in a research note on Monday, April 25th. They set a "buy" rating and a $295.00 target price for the company. Morgan Stanley upgraded Motorola Solutions from an "equal weight" rating to an "overweight" rating and set a $240.00 price objective on the stock in a report on Monday, May 23rd. StockNews.com upgraded Motorola Solutions from a "hold" rating to a "buy" rating in a research note on Friday. Finally, Credit Suisse Group upped their price target on shares of Motorola Solutions from $290.00 to $295.00 and gave the company an "outperform" rating in a report on Wednesday, June 22nd. One research analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, Motorola Solutions has an average rating of "Moderate Buy" and an average price target of $282.75.
Insider Activity at Motorola Solutions
In other Motorola Solutions news, CEO Gregory Q. Brown sold 25,000 shares of the company's stock in a transaction dated Tuesday, June 7th. The shares were sold at an average price of $219.75, for a total value of $5,493,750.00. Following the completion of the sale, the chief executive officer now directly owns 35,348 shares of the company's stock, valued at approximately $7,767,723. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 1.85% of the company's stock.
