Motorola Solutions Inc (NYSE:MSI) currently has a daily average trading volume of 922.05K but it saw 1098744 shares traded in last market. With a market cap of 70.24B USD, the company’s current market price of $420.83 came rising about 0.09 while comparing to the previous closing price of $420.44. In past 52 weeks, the stock remained buoying in the range of price level as high as $507.82 and as low as $356.77.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Evercore ISI which initiated the stock as “Outperform” in its note to investors issued on March 25, 2024, recommending a price target of $400 for it. BofA Securities also issued its recommendations for the stock as it initiated the price target for the stock is $330.
Over the week, MSI’s stock price is moving -0.50% down while it is -2.36% when we observe its performance for the past one month. Year-to-date it is -8.96% down and over the past year, the stock is showing an upside performance of 15.82%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 3.36 while estimate for next year EPS is 14.71. In next quarter, company is expected to be making quarterly sales of $2.94B as analysts are expecting the sales for current fiscal year at $11.42B and seeing the company making $12.11B in sales next year. Moreover, analysts are in estimates of $2.74B for current-quarter revenue.
Currently, Motorola Solutions Inc’s total number of outstanding shares is 166.90M with 0.44% of that held by the insiders while 88.64% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 26.47% and return on equity (ROE) at 189.18%. It has a price to earnings ratio (P/E ratio) of 35.11 while having a 26.47 of forward P/E ratio. Stock’s beta reads 0.98. Stock has a price to book (P/B) ratio of 42.80 while price to sale or P/S ratio amounts to 6.41. Its return on asset (ROA) is 14.73% on average.
