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Friday, September 29, 2023

An Evaluation Of Motorola Solutions Inc. (NYSE: MSI) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Motorola Solutions Inc. (MSI) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.60, or 0.21%, to $283.10. The Motorola Solutions Inc. has recorded 91,449 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Motorola Solutions Declares Quarterly Dividend.

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Stocks Info

MSI belongs to the Technology sector of the NYSE while operating in the Communication Equipment industry. At the end of the last regular session, the stock closed at $282.50 and fluctuated between $284.95 as its day high and $280.22 as its day low. The current market capitalization of Motorola Solutions Inc. is $47.17B. A total of 0.8 million shares were traded on the day, compared to an average of 782.86K shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, MSI has seen 2 BUY and 4 SELL insider trades, representing the acquisition of 172 and the disposition of 425 shares. Over the last 12 months, there were 71 BUYs and 144 SELLs from insiders. Insiders purchased 542,405 shares during that period but sold 641,702.

In the most recent transaction, DENMAN KENNETH D sold 1,000 shares of MSI for 284.58 per share on Aug 11. After the transaction, the Director now owns 8,101 company shares. In a previous transaction on May 19, WINKLER JASON J sold 2,000 shares at 298.01 per share. MSI shares that EVP and CFO owns now total 6,963.

Among the insiders who sold shares, DUNNING KAREN E disposed of 3,024 shares on May 18 at a per-share price of $294.84. This resulted in the SVP, Human Resources holding 1,233 shares of MSI after the transaction. In another insider transaction, WINKLER JASON J sold 1,665 shares at $294.09 per share on May 18. Company shares held by the EVP and CFO now total 6,963.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Motorola Solutions Inc. pays an annual dividend of $3.52, resulting in a dividend yield of 1.25%, and it has a price to earnings (P/E) ratio of 32.05. MSI’s most recent ex-dividend date was 9/14/2023 when it declared a $0.88 quarterly dividend that was paid in cash on 10/13/2023. Previously, the company paid the dividend on 7/14/2023 with an ex-dividend date of 6/14/2023. The MSI stock dividend was $0.88 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for MSI in the last 3 months, the mean price target is $315.23 with high estimates of $335.00 and low estimates of $300.00. In terms of 52-week highs and lows, MSI has a high of $299.43 and a low of $212.76.

As of this writing, MSI has an earnings estimate of $3.02 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $3.03 per share and a lower estimate of $3. The company reported an EPS of $2.22 in the last quarter, which was 8.30% higher than expectations of $2.05.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. MSI’s latest balance sheet shows that the firm has $1.87B in Cash & Short Term Investments as of fiscal 2021. There were $6.01B in debt and $4.06B in liabilities at the time. Its Book Value Per Share was $2.01, while its Total Shareholder’s Equity was -$23.00M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MSI is Buy with a score of 4.13.

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