MicroStrategy Incorporated (NASDAQ:MSTR – Get Rating) has been assigned a consensus rating of “Hold” from the eight brokerages that are currently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $624.20.
A number of equities research analysts recently weighed in on MSTR shares. Zacks Investment Research cut MicroStrategy from a “hold” rating to a “sell” rating in a research note on Thursday, December 30th. BTIG Research restated a “buy” rating and issued a $950.00 price target on shares of MicroStrategy in a research note on Friday, January 21st. Finally, Jefferies Financial Group decreased their price objective on MicroStrategy from $620.00 to $580.00 and set a “hold” rating on the stock in a report on Thursday, January 6th.
MSTR opened at $486.32 on Friday. MicroStrategy has a 1-year low of $307.19 and a 1-year high of $891.38. The stock’s fifty day simple moving average is $416.64 and its 200 day simple moving average is $562.47. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 2.20. The stock has a market cap of $5.49 billion, a PE ratio of -8.98 and a beta of 1.62.
MicroStrategy (NASDAQ:MSTR – Get Rating) last posted its quarterly earnings results on Tuesday, February 1st. The software maker reported ($8.41) earnings per share for the quarter, missing analysts’ consensus estimates of $1.58 by ($9.99). MicroStrategy had a negative net margin of 104.84% and a negative return on equity of 11.29%. The business had revenue of $134.52 million during the quarter, compared to the consensus estimate of $133.20 million. During the same quarter last year, the company posted $1.87 EPS. The firm’s revenue was up 2.4% on a year-over-year basis. Equities analysts forecast that MicroStrategy will post 6.64 earnings per share for the current year.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. National Bank of Canada FI acquired a new stake in shares of MicroStrategy during the 4th quarter worth $1,082,000. Arrowstreet Capital Limited Partnership grew its holdings in shares of MicroStrategy by 42.9% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 43,941 shares of the software maker’s stock worth $25,415,000 after purchasing an additional 13,186 shares in the last quarter. Two Sigma Advisers LP grew its holdings in shares of MicroStrategy by 2,497.6% during the 3rd quarter. Two Sigma Advisers LP now owns 56,497 shares of the software maker’s stock worth $32,678,000 after purchasing an additional 54,322 shares in the last quarter. Carroll Financial Associates Inc. boosted its stake in MicroStrategy by 5,125.0% in the fourth quarter. Carroll Financial Associates Inc. now owns 836 shares of the software maker’s stock valued at $508,000 after buying an additional 820 shares in the last quarter. Finally, AdvisorNet Financial Inc boosted its stake in MicroStrategy by 444.4% in the third quarter. AdvisorNet Financial Inc now owns 49 shares of the software maker’s stock valued at $28,000 after buying an additional 40 shares in the last quarter. 54.45% of the stock is currently owned by institutional investors.
About MicroStrategy
MicroStrategy, Inc engages in the provision of enterprise analytics and mobility software. The firm designs, develops, markets, and sells software platform through licensing arrangements and cloud-based subscriptions and related services. Its product packages include Hyper.Now, Consumer User Bundle, and Power User Bundle.