Shares of MicroStrategy Incorporated (NASDAQ:MSTR – Get Rating) have been assigned a consensus recommendation of “Hold” from the nine brokerages that are covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a sell recommendation and two have issued a buy recommendation on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $534.83.
Several equities analysts recently commented on MSTR shares. TheStreet downgraded shares of MicroStrategy from a “c-” rating to a “d+” rating in a research note on Monday, May 9th. Canaccord Genuity Group cut their price objective on shares of MicroStrategy from $540.00 to $453.00 in a research report on Wednesday, May 4th. Zacks Investment Research cut shares of MicroStrategy from a “hold” rating to a “strong sell” rating in a report on Saturday, April 30th. Jefferies Financial Group dropped their target price on shares of MicroStrategy from $225.00 to $215.00 in a report on Monday. Finally, StockNews.com raised shares of MicroStrategy to a “sell” rating in a report on Thursday.
In related news, EVP Timothy Edwin Lang acquired 2,500 shares of MicroStrategy stock in a transaction dated Wednesday, May 11th. The stock was bought at an average price of $200.00 per share, with a total value of $500,000.00. Following the transaction, the executive vice president now directly owns 2,708 shares in the company, valued at approximately $541,600. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Leslie J. Rechan acquired 2,000 shares of MicroStrategy stock in a transaction dated Wednesday, May 11th. The shares were bought at an average cost of $204.42 per share, with a total value of $408,840.00. Following the transaction, the director now owns 2,000 shares in the company, valued at $408,840. The disclosure for this purchase can be found here. Corporate insiders own 22.59% of the company’s stock.
Shares of NASDAQ:MSTR traded up $16.33 on Friday, hitting $214.45. The company had a trading volume of 50,303 shares, compared to its average volume of 647,804. MicroStrategy has a 1-year low of $134.09 and a 1-year high of $891.38. The stock has a market cap of $2.42 billion, a price-to-earnings ratio of -3.92 and a beta of 1.72. The stock has a 50 day moving average price of $375.81 and a 200 day moving average price of $473.66. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 2.74.
MicroStrategy (NASDAQ:MSTR – Get Rating) last released its quarterly earnings data on Tuesday, May 3rd. The software maker reported ($10.42) EPS for the quarter, missing the consensus estimate of $1.50 by ($11.92). MicroStrategy had a negative net margin of 109.68% and a negative return on equity of 30.40%. The company had revenue of $119.28 million during the quarter, compared to analyst estimates of $126.23 million. During the same quarter in the prior year, the firm earned $1.05 earnings per share. MicroStrategy’s revenue for the quarter was down 2.9% on a year-over-year basis. Sell-side analysts anticipate that MicroStrategy will post -11.76 earnings per share for the current fiscal year.
About MicroStrategy (Get Rating)
MicroStrategy Incorporated provides enterprise analytics software and services worldwide. It offers MicroStrategy, an enterprise platform, which provides a modern analytics experience by delivering insights across multiple devices to users via hyperintelligence products, visualization and reporting capabilities, mobility features, and custom applications developed on the platform; analysts and data scientists with seamless access to trusted, governed data directly within their tools; and APIs and gateways, multiple deployment options, enterprise semantic graph, scalability, and security.
- Get a free copy of the StockNews.com research report on MicroStrategy (MSTR)
- Genesco Pops On Earnings But Don’t Expect A Rally
- The Insiders Are Selling Movado Group, But You Shouldn’t
- Beware The Rebound In Retail Stocks
- It’s A Good Time To Own Ralph Lauren (NYSE: RL)
- Block, Inc: Correcting for Negative Earnings
Receive News & Ratings for MicroStrategy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroStrategy and related companies with MarketBeat.com's FREE daily email newsletter.