Somewhat Favorable News Coverage Somewhat Unlikely to Affect Motorola Solutions (NYSE:MSI) Share Price
News headlines about Motorola Solutions (NYSE:MSI) have been trending somewhat positive recently, according to Accern. Accern scores the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Motorola Solutions earned a news impact score of 0.12 on Accern’s scale. Accern also gave media headlines about the communications equipment provider an impact score of 45.4227743389453 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news stories that may have effected Accern’s rankings:
- Eduardo F. Conrado Sells 6,998 Shares of Motorola Solutions, Inc. (MSI) Stock (americanbankingnews.com)
- Motorola Solutions, Inc. to Post FY2018 Earnings of $5.13 Per Share, Gabelli Forecasts (NYSE:MSI) (americanbankingnews.com)
- Norges Bank Buys A Little More Motorola Solutions, Inc. (MSI) Stock In The Last Quarter (highlightpress.com)
- Metro Vancouver Transit Police Expands Use of SceneDoc’s Mobile Platform (feeds.benzinga.com)
- Motorola Solutions, Inc. (NYSE:MSI) EVP Bruce W. Brda Sells 25,299 Shares (americanbankingnews.com)
A number of analysts have commented on MSI shares. BMO Capital Markets upped their target price on shares of Motorola Solutions from $95.00 to $102.00 and gave the company an “outperform” rating in a report on Friday, August 4th. BidaskClub raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, June 27th. Zacks Investment Research cut shares of Motorola Solutions from a “buy” rating to a “sell” rating in a report on Tuesday, August 1st. Cowen and Company reduced their target price on shares of Motorola Solutions from $77.00 to $75.00 and set a “market perform” rating for the company in a report on Friday, May 5th. Finally, Credit Suisse Group upped their target price on shares of Motorola Solutions from $90.00 to $95.00 and gave the company an “outperform” rating in a report on Monday, May 15th. Four investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $94.33.
Shares of Motorola Solutions (NYSE MSI) traded down 1.72% during mid-day trading on Thursday, hitting $86.99. 901,008 shares of the stock were exchanged. The company has a market cap of $14.15 billion, a P/E ratio of 22.94 and a beta of 0.32. Motorola Solutions has a 52-week low of $71.24 and a 52-week high of $93.75. The stock’s 50-day moving average price is $88.92 and its 200-day moving average price is $84.56.
Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, August 3rd. The communications equipment provider reported $1.06 EPS for the quarter, beating the consensus estimate of $0.99 by $0.07. Motorola Solutions had a net margin of 10.38% and a negative return on equity of 93.44%. The business had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.46 billion. During the same period in the previous year, the business posted $1.03 EPS. The business’s quarterly revenue was up 4.7% compared to the same quarter last year. Equities research analysts anticipate that Motorola Solutions will post $5.28 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Friday, July 14th. Investors of record on Thursday, June 15th were paid a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 2.16%. The ex-dividend date was Tuesday, June 13th. Motorola Solutions’s dividend payout ratio is currently 49.60%.
In related news, EVP Eduardo F. Conrado sold 6,998 shares of the business’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $89.13, for a total value of $623,731.74. Following the completion of the transaction, the executive vice president now directly owns 22,858 shares in the company, valued at approximately $2,037,333.54. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Bruce W. Brda sold 25,299 shares of the business’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 owns 23,829 shares of the company’s stock, valued at $2,123,402.19. The disclosure for this sale can be found here. Insiders own 2.50% of the company’s stock.
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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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