MicroStrategy Incorporated (NASDAQ:MSTR) – Equities research analysts at First Analysis issued their Q2 2019 earnings estimates for MicroStrategy in a research note issued to investors on Wednesday, May 1st, according to Zacks Investment Research. First Analysis analyst F. Sparacino expects that the software maker will post earnings of $0.13 per share for the quarter.
MicroStrategy (NASDAQ:MSTR) last posted its earnings results on Tuesday, April 30th. The software maker reported ($0.77) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.98). MicroStrategy had a return on equity of 1.73% and a net margin of 2.64%. The business had revenue of $115.40 million for the quarter, compared to the consensus estimate of $123.46 million. During the same period in the previous year, the company posted $0.15 earnings per share. MicroStrategy’s revenue for the quarter was down 6.2% compared to the same quarter last year.
MSTR has been the subject of a number of other research reports. BidaskClub raised MicroStrategy from a “buy” rating to a “strong-buy” rating in a research report on Friday, January 25th. Zacks Investment Research downgraded MicroStrategy from a “buy” rating to a “hold” rating in a research report on Saturday, May 4th. BWS Financial initiated coverage on MicroStrategy in a research report on Monday, February 11th. They set a “buy” rating and a $200.00 price target for the company. Finally, ValuEngine raised MicroStrategy from a “hold” rating to a “buy” rating in a research report on Tuesday, February 12th.
NASDAQ:MSTR opened at $138.13 on Thursday. MicroStrategy has a twelve month low of $115.50 and a twelve month high of $152.38. The company has a market cap of $1.42 billion, a price-to-earnings ratio of 81.25 and a beta of 0.56.
Large investors have recently added to or reduced their stakes in the business. Stone Ridge Asset Management LLC boosted its holdings in shares of MicroStrategy by 73.0% in the 4th quarter. Stone Ridge Asset Management LLC now owns 6,785 shares of the software maker’s stock valued at $867,000 after buying an additional 2,863 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of MicroStrategy by 3.4% in the 3rd quarter. Bank of New York Mellon Corp now owns 123,794 shares of the software maker’s stock valued at $17,409,000 after buying an additional 4,075 shares during the last quarter. Legal & General Group Plc boosted its holdings in shares of MicroStrategy by 8.2% in the 3rd quarter. Legal & General Group Plc now owns 21,846 shares of the software maker’s stock valued at $3,071,000 after buying an additional 1,660 shares during the last quarter. Martingale Asset Management L P boosted its holdings in shares of MicroStrategy by 14.5% in the 3rd quarter. Martingale Asset Management L P now owns 22,802 shares of the software maker’s stock valued at $3,207,000 after buying an additional 2,896 shares during the last quarter. Finally, Vanguard Group Inc boosted its holdings in shares of MicroStrategy by 2.4% in the 3rd quarter. Vanguard Group Inc now owns 926,641 shares of the software maker’s stock valued at $130,303,000 after buying an additional 21,692 shares during the last quarter. 76.46% of the stock is owned by hedge funds and other institutional investors.
About MicroStrategy
MicroStrategy Incorporated provides enterprise analytics and mobility software platforms worldwide. It offers MicroStrategy Consulting that provides customers with assessment, advisory, architecture, and deployment services to guide their customers in defining, developing, and delivering business analytics solutions for their enterprises across various industries; and MicroStrategy Education, which consists of classroom-based courses, instructor-led courses, recorded courses, self-paced e-learning modules, customer on-site training, and enterprise E-Courseware options for large organizations in various languages.