Motorola Solutions Inc. (NYSE:MSI) has a beta value of 0.78 and has seen 0.56 million shares traded in the last trading session. The company, currently valued at $41.66B, closed the last trade at $244.85 per share which meant it lost -$1.18 on the day or -0.48% during that session. The MSI stock price is -0.52% off its 52-week high price of $246.12 and 38.82% above the 52-week low of $149.81. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.66 million shares traded. The 3-month trading volume is 648.74K shares.
The consensus among analysts is that Motorola Solutions Inc. (MSI) is an Overweight stock at the moment, with a recommendation rating of 1.80. 1 analysts rate the stock as a Sell, while 2 rate it as Overweight. 4 out of 14 have rated it as a Hold, with 7 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is $1.92.
Motorola Solutions Inc. (NYSE:MSI) trade information
Sporting -0.48% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, 09/03/21 when the MSI stock price touched $244.85 or saw a rise of 0.64%. Year-to-date, Motorola Solutions Inc. shares have moved 43.98%, while the 5-day performance has seen it change 0.84%. Over the past 30 days, the shares of Motorola Solutions Inc. (NYSE:MSI) have changed 10.16%. Short interest in the company has seen 1.81 million shares shorted with days to cover at 2.75.
Wall Street analysts have a consensus price target for the stock at $256.70, which means that the shares’ value could jump 4.62% from current levels. The projected low price target is $230.00 while the price target rests at a high of $307.00. In that case, then, we find that the current price level is -25.38% off the targeted high while a plunge would see the stock lose 6.06% from current levels.
Motorola Solutions Inc. (MSI) estimates and forecasts
Figures show that Motorola Solutions Inc. shares have outperformed across the wider relevant industry. The company’s shares have gained 36.63% over the past 6 months, with this year growth rate of 16.51%, compared to 13.30% for the industry. Other than that, the company has, however, increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 38.10% and 8.70% for the next quarter. Revenue growth from the last financial year stood is estimated to be 9.90%.
9 analysts offering their estimates for the company have set an average revenue estimate of $1.94 billion for the current quarter. 9 have an estimated revenue figure of $2.04 billion for the next quarter concluding in Sep 2021. Year-ago sales stood $1.62 billion and $1.83 billion respectively for this quarter and the next, and analysts expect sales will grow by 19.80% for the current quarter and 11.80% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 11.40% over the past 5 years. Earnings growth for 2021 is a modest 10.30% while over the next 5 years, the company’s earnings are expected to increase by 13.73%.
Motorola Solutions Inc. is expected to release its next earnings report between October 27 and November 01 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 2.84 at a share yield of 1.16%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 1.74%.
Motorola Solutions Inc. (NYSE:MSI)’s Major holders
Insiders own 0.55% of the company shares, while shares held by institutions stand at 88.18% with a share float percentage of 88.67%. Investors are also buoyed by the number of investors in a company, with Motorola Solutions Inc. having a total of 1,097 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 18.36 million shares worth more than $3.45 billion. As of Mar 30, 2021, Vanguard Group, Inc. (The) held 10.82% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 15.86 million shares as of Mar 30, 2021. The firm’s total holdings are worth over $2.98 billion and represent 9.35% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Mid-Cap Index Fund. As of Mar 30, 2021, the former fund manager holds about 2.81% shares in the company for having 4.77 million shares of worth $897.26 million while later fund manager owns 3.8 million shares of worth $713.79 million as of Mar 30, 2021, which makes it owner of about 2.24% of company’s outstanding stock.