MicroStrategy Incorporated (NASDAQ:MSTR) to Post Q2 2019 Earnings of ($0.03) Per Share, BWS Financial Forecasts

MicroStrategy Incorporated (NASDAQ:MSTR) – Investment analysts at BWS Financial decreased their Q2 2019 earnings per share estimates for shares of MicroStrategy in a research report issued on Tuesday, July 9th. BWS Financial analyst H. Khorsand now forecasts that the software maker will post earnings per share of ($0.03) for the quarter, down from their previous forecast of $0.16. BWS Financial also issued estimates for MicroStrategy’s FY2019 earnings at $0.75 EPS.

Several other research analysts have also issued reports on the stock. ValuEngine lowered shares of Intersect ENT from a “buy” rating to a “hold” rating in a research report on Monday, July 8th. Zacks Investment Research lowered shares of Farmland Partners from a “hold” rating to a “sell” rating in a research report on Friday. Finally, BidaskClub upgraded shares of Westport Fuel Systems from a “hold” rating to a “buy” rating in a research report on Friday.

Shares of NASDAQ:MSTR opened at $123.02 on Friday. MicroStrategy has a 52-week low of $115.50 and a 52-week high of $152.38. The stock has a fifty day moving average of $136.81. The stock has a market capitalization of $1.26 billion, a price-to-earnings ratio of 72.36 and a beta of 0.65. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.72 and a quick ratio of 2.72.

MicroStrategy (NASDAQ:MSTR) last announced its earnings results on Tuesday, April 30th. The software maker reported ($0.77) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.98). MicroStrategy had a return on equity of 1.73% and a net margin of 2.64%. The company had revenue of $115.40 million during the quarter, compared to analysts’ expectations of $123.46 million. During the same quarter last year, the firm posted $0.15 earnings per share. The firm’s revenue was down 6.2% on a year-over-year basis.

A number of institutional investors have recently bought and sold shares of MSTR. PNC Financial Services Group Inc. lifted its stake in MicroStrategy by 40.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 658 shares of the software maker’s stock worth $84,000 after purchasing an additional 190 shares during the last quarter. California Public Employees Retirement System lifted its stake in MicroStrategy by 6.5% in the fourth quarter. California Public Employees Retirement System now owns 23,690 shares of the software maker’s stock worth $3,026,000 after purchasing an additional 1,448 shares during the last quarter. BlackRock Inc. lifted its stake in MicroStrategy by 1.6% in the fourth quarter. BlackRock Inc. now owns 1,619,440 shares of the software maker’s stock worth $206,884,000 after purchasing an additional 25,070 shares during the last quarter. Texas Permanent School Fund lifted its stake in MicroStrategy by 4.0% in the fourth quarter. Texas Permanent School Fund now owns 6,172 shares of the software maker’s stock worth $788,000 after purchasing an additional 237 shares during the last quarter. Finally, Los Angeles Capital Management & Equity Research Inc. bought a new stake in MicroStrategy in the fourth quarter worth $448,000. 74.09% of the stock is owned by institutional investors and hedge funds.

MicroStrategy Company Profile

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.

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Earnings History and Estimates for MicroStrategy (NASDAQ:MSTR)

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