Motorola Solutions, Inc. provides mission-critical communication solutions in the United States, the United Kingdom, Canada, and internationally.
Moderate growth potential with imperfect balance sheet.
Share Price & News
How has Motorola Solutions's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MSI's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: MSI exceeded the US Communications industry which returned -27.2% over the past year.
Return vs Market: MSI exceeded the US Market which returned -11.5% over the past year.
Price Volatility Vs. Market
How volatile is Motorola Solutions's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StDon't Sell Motorola Solutions, Inc. (NYSE:MSI) Before You Read This
3 weeks ago | Simply Wall StIs It Smart To Buy Motorola Solutions, Inc. (NYSE:MSI) Before It Goes Ex-Dividend?
3 weeks ago | Simply Wall StA Look At The Fair Value Of Motorola Solutions, Inc. (NYSE:MSI)
Is Motorola Solutions undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MSI ($135.07) is trading below our estimate of fair value ($165.44)
Significantly Below Fair Value: MSI is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: MSI is poor value based on its PE Ratio (25.9x) compared to the Communications industry average (21.6x).
PE vs Market: MSI is poor value based on its PE Ratio (25.9x) compared to the US market (13x).
Price to Earnings Growth Ratio
PEG Ratio: MSI is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: MSI has negative assets, so we can't compare its PB Ratio to the US Communications industry average.
How is Motorola Solutions forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MSI's forecast earnings growth (19.4% per year) is above the savings rate (1.7%).
Earnings vs Market: MSI's earnings (19.4% per year) are forecast to grow faster than the US market (12.3% per year).
High Growth Earnings: MSI's earnings are forecast to grow, but not significantly.
Revenue vs Market: MSI's revenue (4% per year) is forecast to grow slower than the US market (7.3% per year).
High Growth Revenue: MSI's revenue (4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MSI's Return on Equity is forecast to be very high in 3 years time (369.9%).
How has Motorola Solutions performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MSI has a large one-off loss of $484.0M impacting its December 31 2019 financial results.
Growing Profit Margin: MSI's current net profit margins (11%) are lower than last year (13.2%).
Past Earnings Growth Analysis
Earnings Trend: MSI has become profitable over the past 5 years, growing earnings by 41.9% per year.
Accelerating Growth: MSI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MSI had negative earnings growth (-10.1%) over the past year, making it difficult to compare to the Communications industry average (-13.2%).
Return on Equity
High ROE: MSI's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Motorola Solutions's financial position?
Financial Position Analysis
Short Term Liabilities: MSI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MSI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: MSI has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MSI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: MSI's debt is well covered by operating cash flow (35.7%).
Interest Coverage: MSI's interest payments on its debt are well covered by EBIT (7.9x coverage).
Inventory Level: MSI has a low level of unsold assets or inventory.
Debt Coverage by Assets: MSI has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
What is Motorola Solutions's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MSI's dividend (1.9%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.98%).
High Dividend: MSI's dividend (1.9%) is low compared to the top 25% of dividend payers in the US market (5.45%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, MSI has been paying a dividend for less than 10 years.
Growing Dividend: MSI's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (45.1%), MSI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MSI's dividends in 3 years are forecast to be well covered by earnings (29.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Greg Brown (59yo)
Mr. Gregory Q. Brown, also known as Greg, has been the Chief Executive Officer of Motorola Solutions, Inc. since May 3, 2011. Mr. Brown has been an Executive Director of Motorola Solutions, Inc., since Jul ...
CEO Compensation Analysis
Compensation vs Market: Greg's total compensation ($USD20.35M) is above average for companies of similar size in the US market ($USD11.74M).
Compensation vs Earnings: Greg's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Chairman & CEO||8.83yrs||US$20.35m||0.26% $59.8m|
|Executive VP & CFO||6.33yrs||US$4.85m||0.030% $7.0m|
|Executive VP||5.17yrs||US$3.69m||0.0064% $1.5m|
|Executive Vice President of Products & Sales||2.67yrs||US$4.08m||0.020% $4.6m|
|Executive Vice President of Software & Services||9.17yrs||US$2.12m||0.015% $3.4m|
|Corporate VP & Chief Accounting Officer||1.5yrs||no data||0.0018% $410.1k|
|Chief Technology Officer||1yr||no data||no data|
|Vice President of Investor Relations||no data||no data||no data|
|Senior VP and Chief of Staff||1.58yrs||no data||0.0034% $797.1k|
|Chief Human Resources Officer and Corporate VP of Employment Law & Data Protection||no data||no data||no data|
Experienced Management: MSI's management team is considered experienced (3.9 years average tenure).
|Chairman & CEO||8.83yrs||US$20.35m||0.26% $59.8m|
|Independent Director||4.58yrs||US$290.34k||no data|
|Independent Director||4.58yrs||US$300.43k||0.000040% $9.3k|
|Independent Director||2.83yrs||US$290.06k||0.00084% $194.6k|
|Lead Independent Director||1.17yrs||US$301.31k||0.0016% $380.0k|
|Independent Director||9.17yrs||US$315.06k||0.020% $4.7m|
|Independent Director||5.17yrs||US$300.06k||no data|
|Independent Director||7.17yrs||US$310.30k||no data|
Experienced Board: MSI's board of directors are considered experienced (4.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MSI insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.6%.
Motorola Solutions, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Motorola Solutions, Inc.
- Ticker: MSI
- Exchange: NYSE
- Founded: 1928
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: US$23.172b
- Shares outstanding: 171.55m
- Website: https://www.motorolasolutions.com
Number of Employees
- Motorola Solutions, Inc.
- 500 West Monroe Street
- Suite 4400
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MSI||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jan 1968|
|0K3H||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Jan 1968|
|MTL||XTRA (XETRA Trading Platform)||Yes||Common Stock||DE||EUR||Jan 1968|
|MTLA||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1968|
|MOT-U||ETLX (Eurotlx)||Yes||Common Stock||IT||EUR||Jan 1968|
|MOSI||WBAG (Wiener Boerse AG)||Yes||Common Stock||AT||EUR||Jan 1968|
|M1SI34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH 4 REPR 1 COM||BR||BRL||Jan 2020|
Motorola Solutions, Inc. provides mission-critical communication solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Services and Software. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video solutions, as well as the implementation, optimization, and integration of networks, devices, software, and applications for government, public safety and first-responder agencies, municipalities, and commercial and industrial customers. Its products include two-way portable and vehicle-mounted radios, accessories, software features, and upgrades; video cameras; radio network core and central processing software, base stations, consoles, and repeaters; and video analytics, network video management hardware and software, and access control solutions. The Services segment provides repair, technical support, and hardware maintenance services. This segment also offers monitoring, software updates, and cybersecurity services; and public safety and enterprise command center software suite, unified communications applications, and video software solutions. It serves for government, public safety, and commercial communication networks. The company was formerly known as Motorola, Inc. and changed its name to Motorola Solutions, Inc. in January 2011. Motorola Solutions, Inc. was founded in 1928 and is headquartered in Chicago, Illinois.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/28 02:14|
|End of Day Share Price||2020/03/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.