MicroStrategy Incorporated (NASDAQ:MSTR) Receives Average Analyst Rating of “Hold”

MicroStrategy Incorporated (NASDAQ:MSTR – Get Rating) has been assigned a consensus rating of “Hold” by the eight brokerages that currently cover the company, reports MarketBeat.com. Three investment analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and three have assigned the company a buy recommendation. The average 1-year target price among brokerages that updated their coverage on the stock in the past year is $624.20.

A number of equity research analysts have weighed in on MSTR shares recently. Zacks Investment Research upgraded MicroStrategy from a “hold” rating to a “sell” rating in a Thursday, Dec. 30 research note. BTIG Research reworded a “buy” rating and posted a $950.00 price target on MicroStrategy shares in a research note on Friday, January 21. Finally, Jefferies Financial Group lowered its price target on MicroStrategy from $620.00 to $580.00 and set a “hold” rating on the stock in a Thursday, Jan. 6, report.

MSTR opened at $486.32 on Friday. MicroStrategy has a 1-year minimum of $307.19 and a 1-year maximum 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 ratio of 2.20. The stock has a market capitalization of $5.49 billion, a PE ratio of -8.98 and a beta of 1.62.

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MicroStrategy (NASDAQ:MSTR – Get Rating) last released its quarterly results on Tuesday, February 1. The software maker reported ($8.41) earnings per share for the quarter, missing analyst consensus estimates of $1.58 per ($9.99). MicroStrategy had a negative net margin of 104.84% and a negative return on equity of 11.29%. The company posted revenue of $134.52 million in the quarter, versus a consensus estimate of $133.20 million. During the same quarter last year, the company posted EPS of $1.87. The company’s revenue increased 2.4% year-over-year. Stock analysts expect MicroStrategy to post earnings per share of 6.64 for the current year.

Institutional investors and hedge funds have recently increased or reduced their stake in the company. National Bank of Canada FI acquired a new equity stake in MicroStrategy during the 4th quarter at a value of $1,082,000. Arrowstreet Capital Limited Partnership increased its holdings of MicroStrategy shares by 42.9% during Q3. Arrowstreet Capital Limited Partnership now owns 43,941 shares of the software maker worth $25,415,000 after buying an additional 13,186 shares in the last quarter. Two Sigma Advisers LP increased its holdings of MicroStrategy stock by 2,497.6% during Q3. Two Sigma Advisers LP now owns 56,497 shares of the software maker worth $32,678,000 after buying an additional 54,322 shares last quarter. Carroll Financial Associates Inc. increased its stake in MicroStrategy by 5,125.0% in the fourth quarter. Carroll Financial Associates Inc. now owns 836 shares of the software maker valued at $508,000 after buying 820 more shares last quarter. Finally, AdvisorNet Financial Inc increased its stake in MicroStrategy by 444.4% in the third quarter. AdvisorNet Financial Inc now owns 49 shares of the software maker valued at $28,000 after buying 40 more shares in the last quarter. 54.45% of the shares are currently held by institutional investors.

About MicroStrategy (Get a rating)

MicroStrategy, Inc is committed to providing enterprise mobility and analytics software. The company designs, develops, markets and sells a software platform through license agreements, cloud-based subscriptions and related services. Its product packages include Hyper.Now, Consumer User Bundle and Power User Bundle.

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