Motorola Solutions (MSI) Updates FY 2019 Earnings Guidance


Motorola Solutions (NYSE:MSI) issued an update on its FY 2019 earnings guidance on Thursday morning. The company provided earnings per share guidance of $7.55-7.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $7.56. The company issued revenue guidance of $7.784-7.857 billion, compared to the consensus revenue estimate of $7.7 billion.Motorola Solutions also updated its FY19 guidance to $7.55-7.70 EPS.


Several equities research analysts have recently commented on the stock. ValuEngine raised shares of Motorola Solutions from a hold rating to a buy rating in a research report on Friday. Deutsche Bank boosted their target price on shares of Motorola Solutions to $150.00 and gave the stock a buy rating in a research report on Friday. Raymond James set a $139.00 price objective on shares of Motorola Solutions and gave the stock a buy rating in a research report on Friday. Credit Suisse Group reaffirmed a buy rating and issued a $134.00 price objective on shares of Motorola Solutions in a research report on Wednesday, January 16th. Finally, Zacks Investment Research downgraded shares of Motorola Solutions from a buy rating to a hold rating in a research report on Thursday, January 3rd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and eleven have issued a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus target price of $128.81.


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MSI traded up $16.75 during midday trading on Friday, reaching $135.37. The company had a trading volume of 4,429,306 shares, compared to its average volume of 1,187,034. The stock has a market cap of $19.69 billion, a price-to-earnings ratio of 26.03, a PEG ratio of 1.69 and a beta of 0.53. Motorola Solutions has a 12-month low of $96.94 and a 12-month high of $136.78.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, February 7th. The communications equipment provider reported $2.63 EPS for the quarter, beating the Zacks’ consensus estimate of $2.41 by $0.22. Motorola Solutions had a negative net margin of 0.44% and a negative return on equity of 68.88%. The company had revenue of $2.25 billion for the quarter, compared to analysts’ expectations of $2.22 billion. During the same period in the prior year, the company posted $2.10 EPS. Motorola Solutions’s revenue was up 15.2% compared to the same quarter last year. On average, sell-side analysts expect that Motorola Solutions will post 6.7 EPS for the current year.


The company also recently announced a quarterly dividend, which was paid on Tuesday, January 15th. Shareholders of record on Friday, December 14th were paid a $0.57 dividend. The ex-dividend date of this dividend was Thursday, December 13th. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.52. This represents a $2.28 annualized dividend and a yield of 1.68%. Motorola Solutions’s dividend payout ratio is currently 43.85%.

In other Motorola Solutions news, SVP Rajan Naik sold 14,606 shares of the stock in a transaction that occurred on Monday, November 26th. The shares were sold at an average price of $127.00, for a total value of $1,854,962.00. Following the sale, the senior vice president now directly owns 10,544 shares in the company, valued at approximately $1,339,088. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 2.20% of the company’s stock.


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Motorola Solutions Company Profile

Motorola Solutions, Inc, together with its subsidiaries, provides mission-critical communication infrastructure, devices, accessories, software, and services in the United States, the United Kingdom, and internationally. The company operates in two segments, Products and Services. The Products segment offers a portfolio of infrastructure, devices, accessories, and software for government, public safety and first-responder agencies, municipalities, and commercial and industrial customers.

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