Report
Andrew Lange
EUR 101.80 For Business Accounts Only

Motorola Solutions Posts Good 2Q; Good Demand for P25; Shares Overvalued

Motorola Solutions announced a good second quarter as product revenue was spurred by numerous strategic P25 device and system wins. The company raised its full-year revenue and non-GAAP EPS outlook after announcing its result and now expects full-year revenue to grow 3%-4% from around 2% previously and non-GAAP EPS to be $5.20-$5.30 from $5.08-$5.23 previously. We’ve slightly adjusted our model to incorporate the rosier outlook, but the impact is insignificant on our unchanged $70 fair value est...
Underlying
Motorola Solutions Inc.

Motorola Solutions is engaged in communications and analytics. The company manages its business through two segments: Products and Systems Integration, and Software and Services. Thr products and systems integration segment provides a range of devices, including land mobile radio handsets, infrastructure and accessories, as well as video security devices and infrastructure. The segment also includes the implementation and integration of such systems, devices and applications. The company also sells to commercial and industrial customers who use private radio networks and video security. The Software and Services segment provides a range of solutions for government, public safety and commercial customers.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Andrew Lange

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