MSI Stock Summary and Trading Ideas (Motorola Solns | NYSE:MSI)

Motorola Solutions is a leading provider of communications and analytics, primarily serving public safety departments as well as schools, hospitals, and businesses. The bulk of the firm's revenue comes from sales of land mobile radios and radio network infrastructure, but the firm also sells surveillance equipment and dispatch software. Most of Motorola's revenue comes from government agencies, while roughly 25% comes from schools and private businesses. Motorola has customers in over 100 countries and in every state in the United States.

Motorola Solns trades on the NYSE stock market under the symbol MSI.

As of April 26, 2024, MSI stock price declined to $346.48 with 510,672 million shares trading.

MSI has a beta of 0.96, meaning it tends to be less sensitive to market movements. MSI has a correlation of 0.39 to the broad based SPY ETF.

MSI has a market cap of $57.56 billion. This is considered a Large Cap stock.

Last quarter Motorola Solns reported $3 billion in Revenue and $3.90 earnings per share. This beat revenue expectation by $28 million and exceeded earnings estimates by $.27.

In the last 3 years, MSI stock traded as high as $355.39 and as low as $184.55.

The top ETF exchange traded funds that MSI belongs to (by Net Assets): VTI, VOO, VO, SPY, IVV.

MSI stock has underperformed the market in the last year with a return of +21.7%, while SPY returned +27.4%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in MSI shares. However, MSI has outperformed the market in the last 3 month and 2 week periods, returning +6.6% and +0.8%, while SPY returned +4.6% and -0.5%, respectively. This indicates MSI has been having a stronger performance recently.

MSI support price is $345.32 and resistance is $352.72 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MSI stock will trade within this expected range on the day.