Motorola Solutions(MSI)
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Motorola Solutions, Inc. (MSI) Hits Fresh High: Is There Still Room to Run?
ZACKS· 2024-08-02 14:16
Core Viewpoint - Motorola's stock has shown strong performance, with a 27.3% increase year-to-date, outperforming both the Zacks Computer and Technology sector and the Zacks Wireless Equipment industry [1] Financial Performance - Motorola reported an EPS of $3.24 in its last earnings report, exceeding the consensus estimate of $3.01, and beat revenue estimates by 1.53% [2] - For the current fiscal year, Motorola is projected to achieve earnings of $13.09 per share on revenues of $10.69 billion, reflecting a 9.54% increase in EPS and a 7.13% increase in revenues [3] - The next fiscal year forecasts earnings of $14.15 per share on $11.29 billion in revenues, indicating year-over-year changes of 8.04% and 5.59%, respectively [3] Valuation Metrics - Motorola's current valuation metrics indicate a premium, trading at 30.4X current fiscal year EPS estimates compared to the peer industry average of 17.2X [7] - The stock trades at 29.4X trailing cash flow, while the peer group's average is 14.3X, and it has a PEG ratio of 3.21, suggesting it is not in the top tier from a value perspective [7] Style Scores - Motorola has a Value Score of D, a Growth Score of A, and a Momentum Score of C, resulting in a combined VGM Score of B [6] Zacks Rank - Motorola holds a Zacks Rank of 2 (Buy) due to rising earnings estimates, making it a suitable choice for investors looking for stocks with strong potential for gains [8]
Motorola (MSI) Q2 Earnings Top Estimates on Record Revenues
ZACKS· 2024-08-02 13:41
Motorola Solutions, Inc. (MSI) reported strong second-quarter 2024 results with record revenues and operating earnings, driven by the diligent execution of operational plans and healthy growth dynamics backed by solid order trends. Both adjusted earnings and revenues surpassed the respective Zacks Consensus Estimate. In addition, Motorola ended the quarter with a solid backlog, which further exemplified the strength of its portfolio. The company expects this growth momentum to continue in the near term on r ...
Compared to Estimates, Motorola (MSI) Q2 Earnings: A Look at Key Metrics
ZACKS· 2024-08-01 23:00
Motorola (MSI) reported $2.63 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 9.4%. EPS of $3.24 for the same period compares to $2.65 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $2.59 billion, representing a surprise of +1.53%. The company delivered an EPS surprise of +7.64%, with the consensus EPS estimate being $3.01. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how th ...
Motorola (MSI) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-01 22:26
Motorola (MSI) came out with quarterly earnings of $3.24 per share, beating the Zacks Consensus Estimate of $3.01 per share. This compares to earnings of $2.65 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 7.64%. A quarter ago, it was expected that this communications equipment maker would post earnings of $2.52 per share when it actually produced earnings of $2.81, delivering a surprise of 11.51%. Over the last four quarter ...
LMR And Video Business Will Drive Motorola Solutions Q2 Earnings
Forbes· 2024-07-24 12:00
Motorola logo is seen inside Motorola Solutions office in Krakow, Poland on February 22, 2022. ... [+] (Photo by Beata Zawrzel/NurPhoto via Getty Images) Motorola Solutions (NYSE: MSI) - one of the largest suppliers of land-mobile-radio solutions - has seen its stock rise 25% year-to-date. This compares to Ericsson stock which has gained just about 4% over the same period. Motorola is poised to report its Q2 2024 earnings in early August and we expect revenues to come in at $2.6 billion, up about 8% versus ...
Motorola (MSI) Boosts Wisconsin Counties' Public Safety Network
ZACKS· 2024-07-15 14:01
Motorola's support through WiPSN ensures that first responders in Milwaukee and Waukesha counties have a reliable network to keep their communities safe. The elimination of physical infrastructure and immediate access to advancements provided by the company significantly enhances operational efficiency and responsiveness. It remains poised to benefit from organic growth and acquisition initiatives, disciplined capital deployment and a favorable global macroeconomic environment. Its competitive position and ...
Motorola (MSI) Opens R&D Facility in Ireland to Drive Innovation
ZACKS· 2024-07-08 17:17
Motorola Solutions, Inc. (MSI) recently announced the inauguration of a new research and development center in Cork, Ireland. Motorola already boasts a strong presence in the country. The company acquired TETRA Ireland Communications Limited in 2022 to strengthen its land mobile radio (LMR) communications portfolio and its worldwide Managed & Support Services business. Motorola currently provides its secure communications network to emergency services for Ireland's National Digital Radio Service. Motorola's ...
Motorola (MSI) Launches VESTA NXT to Boost Emergency Response
ZACKS· 2024-06-28 16:50
Motorola Solutions, Inc. (MSI) recently introduced VESTA NXT, an advanced AI-enabled 9-1-1 software designed to improve the efficiency of 9-1-1 call handlers and dispatchers. Telecommunicators face a series of challenges in their day-to-day operations. They often receive a large amount of information from various sources, including callers, databases and public safety systems. This data must be quickly verified and analyzed to extract critical details. However, fragmented information sources and data overlo ...
Motorola (MSI) is a Great Momentum Stock: Should You Buy?
ZACKS· 2024-06-21 17:01
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...
Here's Why Motorola (MSI) is a Strong Momentum Stock
ZACKS· 2024-06-19 14:50
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? Developed al ...