Motorola Solutions Inc. (MSI): Today's Featured Telecommunications Laggard
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
(
) pushed the Telecommunications industry lower today making it today's featured Telecommunications laggard. The industry as a whole closed the day down 0.3%. By the end of trading, Motorola Solutions fell $5.73 (-9.3%) to $56.02 on heavy volume. Throughout the day, 8,271,741 shares of Motorola Solutions exchanged hands as compared to its average daily volume of 1,408,900 shares. The stock ranged in price between $53.28-$57.10 after having opened the day at $54.74 as compared to the previous trading day's close of $61.75. Other companies within the Telecommunications industry that declined today were:
(
), down 24.6%,
(
), down 15.1%,
(
), down 7.0% and
(
), down 6.3%.
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Motorola Solutions, Inc. provides mission critical communication infrastructure, devices, software, and services worldwide. It operates in two segments, Government and Enterprise. Motorola Solutions has a market cap of $16.8 billion and is part of the technology sector. The company has a P/E ratio of 20.9, above the S&P 500 P/E ratio of 17.7. Shares are up 10.9% year to date as of the close of trading on Tuesday.
TheStreet Ratings rates Motorola Solutions as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, increase in net income, revenue growth and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.
- You can view the full Motorola Solutions Ratings Report.
On the positive front,
(
), down 8.2%,
(
), down 6.1%,
(
), down 5.4% and
(
), down 5.0% , were all gainers within the telecommunications industry with
(
) being today's featured telecommunications industry leader.
- Use our telecommunications section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the telecommunications industry could consider
(
) while those bearish on the telecommunications industry could consider
ProShares Ult Sht Telecommunication
(
).
- Find other investment ideas from our top rated ETFs lists.
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