Motorola Solutions Inc. (NYSE: MSI) ended the trading day on Friday, June 6, at $417.92, marking a modest 0.43% increase from the previous day's closing price. This uptick signals a continued interest in the company, despite the volatile shifts in its stock price over the past year.
Looking deeper into Motorola's financials, its trailing 12-month price-to-earnings (P/E) ratio stands at 34.86, reflecting a solid valuation in the market. The stock has seen a high of $507.82 and a low of $367.18 over the last 52 weeks, demonstrating a degree of price fluctuation. However, in the past month, the stock has gained 0.67%, suggesting some stability despite market uncertainty.
As of now, Motorola Solutions boasts a market capitalization of $69.76 billion. The company is expected to release its quarterly results in July, and analysts are predicting a solid performance. With a forward dividend yield of 0.99% and a forward dividend of 4.14, investor confidence is high, with many speculating that the stock could climb further in the lead-up to earnings. Analysts are forecasting the company to report earnings of $3.36 per share for the upcoming quarter. They also expect the company's annual earnings per share (EPS) to grow by 14.71% this year, with a projected increase to 15.92% in the following year.
Analysts have a cautiously optimistic outlook for Motorola’s revenue growth. The company’s estimated revenue for the quarter is expected to range from $2.73 billion to $2.74 billion, representing a 4.13% year-over-year increase. For the full fiscal year, sales are expected to reach $11.42 billion, a 5.56% increase from the previous year.
Investor sentiment is reflected in the ratings provided by four analysts, who score the stock on a scale of 1 to 5 (with 1 indicating a strong buy and 5 a strong sell). One analyst has rated the stock as a hold, while three have given it a buy recommendation. Notably, no analysts have recommended an underweight or sell position. Overall, the stock is considered “Overweight,” which is a signal to investors to take advantage of the opportunity and expand their stake in the company.
Digging into some of the more technical metrics, Motorola’s PEG ratio stands at 4.52, indicating a slightly higher valuation relative to its growth rate. The stock's price is currently 0.27% below its 20-day simple moving average and 0.76% below its 50-day moving average. The 14-day Relative Strength Index (RSI) is sitting at 47.99, indicating the stock is neither overbought nor oversold, a signal of balance. The stock's volatility over the past week has been at 0.84%, with a slight increase to 0.93% over the past month. Motorola's beta value of 0.97 suggests it moves in line with broader market trends. Analysts predict a price target for Motorola stock ranging from $254 to $440, with a consensus 12-month target of $347.50. This target suggests an upside potential of 16.85% if the stock reaches the median price.
Motorola’s stock is owned 0.45% by insiders and 87.90% by institutional investors. Despite a 9.59% drop in its year-to-date performance, the stock’s recent movements are likely to generate further interest from investors, suggesting a possible upward trend in the coming months.