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Can Motorola Solutions Stock Keep Climbing in 2018?


Jul. 7 2018, Updated 1:31 a.m. ET

MSI stock up ~30% in 2018

Motorola Solutions (MSI) stock has risen 31.3% in 2018 YTD (year-to-date). MSI stock is trading at $117.48—42.0% above its 52-week low of $82.86 and 0.8% below its 52-week high of $118.37. MSI stock has generated returns of 34.0% in the last 12 months and 4.6% in the last month after rising more than 11.0% in 2017.

Comparatively, the S&P 500 ETF (SPY) and the Invesco QQQ ETF (QQQ) have generated returns of 3.2% and 11.4%, respectively, in 2018.

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Stock up 7.6% since its Q1 2018 results

Motorola Solutions (MSI) stock has risen 9.0% since the firm announced its first-quarter results on May 3. Analysts expected the company to post non-GAAP EPS of $0.87 in the first quarter. MSI beat these estimates by 26.4%, as it reported EPS of $1.10.

MSI’s revenues rose 15.0% YoY (year-over-year) in the first quarter to $1.5 billion, and its organic revenues rose 10.0%. MSI has beaten its earnings estimates in the last four quarters. During the company’s earnings call, MSI’s CEO raised its fiscal 2018 EPS and revenue guidance, which would have positively impacted its stock price.

In this series, we’ll look at MSI’s business strategies and key drivers of revenue growth.


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