Motorola Solutions, Inc. (NYSE:MSI) Receives $504.88 Consensus Price Target from Analysts

Motorola Solutions, Inc. (NYSE:MSI) has received a consensus recommendation of “Moderate Buy” from the nine ratings firms that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $504.88.

Several research firms have weighed in on MSI. Deutsche Bank Aktiengesellschaft raised their price target on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Morgan Stanley raised their price objective on Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 17th. Barclays raised their price objective on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. Bank of America raised their price objective on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Finally, Raymond James raised their price objective on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th.

Motorola Solutions Stock Performance

NYSE MSI opened at $475.78 on Friday. The stock has a market capitalization of $79.51 billion, a PE ratio of 52.11, a P/E/G ratio of 3.44 and a beta of 1.01. The business has a 50 day simple moving average of $475.49 and a two-hundred day simple moving average of $449.68. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. Motorola Solutions has a 1-year low of $314.84 and a 1-year high of $507.82.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, beating the consensus estimate of $3.10 by $0.36. The business had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. On average, research analysts predict that Motorola Solutions will post 12.57 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were paid a dividend of $1.09 per share. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.92%. The ex-dividend date was Friday, December 13th. Motorola Solutions’s dividend payout ratio (DPR) is currently 47.75%.

Institutional Investors Weigh In On Motorola Solutions

Institutional investors and hedge funds have recently bought and sold shares of the company. Synergy Asset Management LLC bought a new stake in Motorola Solutions during the 4th quarter valued at $25,000. Crews Bank & Trust bought a new stake in Motorola Solutions during the 4th quarter valued at $26,000. FSA Wealth Management LLC bought a new stake in Motorola Solutions during the 3rd quarter valued at $29,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in Motorola Solutions during the 3rd quarter valued at $31,000. Finally, Strategic Investment Solutions Inc. IL bought a new stake in Motorola Solutions during the 2nd quarter valued at $32,000. 84.17% of the stock is owned by institutional investors.

Motorola Solutions Company Profile

Motorola Solutions, Inc provides public safety and enterprise security solutions 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.