Headlines about MicroStrategy (NASDAQ:MSTR) have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. MicroStrategy earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave media headlines about the software maker an impact score of 46.4632945860644 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
MSTR has been the subject of a number of analyst reports. Zacks Investment Research lowered MicroStrategy from a “hold” rating to a “strong sell” rating in a report on Thursday, August 3rd. Benchmark Co. initiated coverage on MicroStrategy in a research report on Thursday, April 27th. They set a “hold” rating on the stock. TheStreet downgraded MicroStrategy from a “b” rating to a “c+” rating in a research report on Friday, July 28th. BidaskClub raised MicroStrategy from a “sell” rating to a “hold” rating in a research report on Friday, June 23rd. Finally, Deutsche Bank AG downgraded MicroStrategy from a “buy” rating to a “hold” rating and cut their target price for the company from $220.00 to $180.00 in a research report on Friday, July 28th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. MicroStrategy presently has an average rating of “Hold” and an average target price of $191.00.
Shares of MicroStrategy (MSTR) opened at 125.93 on Friday. The firm has a 50-day moving average of $162.02 and a 200-day moving average of $181.27. MicroStrategy has a 12-month low of $125.15 and a 12-month high of $207.28. The firm has a market cap of $1.44 billion, a P/E ratio of 17.39 and a beta of 0.87.
MicroStrategy (NASDAQ:MSTR) last announced its quarterly earnings data on Thursday, July 27th. The software maker reported $0.96 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.60 by $0.64. The firm had revenue of $120.61 million for the quarter, compared to analysts’ expectations of $125.18 million. MicroStrategy had a net margin of 16.37% and a return on equity of 14.99%. The business’s quarterly revenue was down 2.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.64 EPS. On average, equities analysts forecast that MicroStrategy will post $4.42 earnings per share for the current fiscal year.
In related news, EVP Wei-Ming Shao sold 2,400 shares of the company’s stock in a transaction that occurred on Friday, June 9th. The shares were sold at an average price of $183.54, for a total transaction of $440,496.00. Following the completion of the transaction, the executive vice president now owns 1,005 shares of the company’s stock, valued at $184,457.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 21.80% of the company’s stock.
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MicroStrategy Incorporated is a provider of enterprise software platforms around the world. The Company is engaged in the design, development, marketing and sales of its software platform through licensing arrangements, and cloud-based subscriptions and related services. It focuses on providing enterprise customers with software platform and services for deploying intelligence applications.
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