MicroStrategy (MSTR) Scheduled to Post Quarterly Earnings on Monday

MicroStrategy (NASDAQ:MSTR) is scheduled to post its quarterly earnings results after the market closes on Monday, April 29th. Individual that wish to listen to the company’s earnings conference call can do so using this link.

MicroStrategy (NASDAQ:MSTR) last released its quarterly earnings results on Tuesday, February 6th. The software maker reported $5.62 earnings per share for the quarter. MicroStrategy had a net margin of 86.47% and a return on equity of 42.81%. The business had revenue of $124.48 million for the quarter, compared to the consensus estimate of $134.90 million.

MicroStrategy Stock Up 3.4 %

MSTR opened at $1,282.38 on Friday. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 1.01. MicroStrategy has a 1-year low of $266.00 and a 1-year high of $1,999.99. The company has a market capitalization of $21.76 billion, a PE ratio of 45.51 and a beta of 2.89. The firm’s 50 day simple moving average is $1,351.21 and its two-hundred day simple moving average is $810.21.

Insider Activity

In other MicroStrategy news, Director Jarrod M. Patten sold 275 shares of MicroStrategy stock in a transaction on Friday, February 16th. The shares were sold at an average price of $722.34, for a total value of $198,643.50. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other MicroStrategy news, Director Jarrod M. Patten sold 275 shares of MicroStrategy stock in a transaction on Friday, February 16th. The shares were sold at an average price of $722.34, for a total value of $198,643.50. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Chairman Michael J. Saylor sold 5,000 shares of MicroStrategy stock in a transaction on Monday, January 29th. The shares were sold at an average price of $507.91, for a total transaction of $2,539,550.00. The disclosure for this sale can be found here. Insiders have sold 117,452 shares of company stock worth $122,745,797 in the last three months. Company insiders own 13.18% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Benchmark reiterated a “buy” rating and issued a $1,875.00 price target on shares of MicroStrategy in a research report on Thursday. StockNews.com upgraded shares of MicroStrategy to a “sell” rating in a research report on Monday, March 18th. Canaccord Genuity Group restated a “buy” rating and set a $1,810.00 price objective on shares of MicroStrategy in a research report on Thursday, March 28th. TD Cowen decreased their price objective on shares of MicroStrategy from $1,560.00 to $1,450.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 20th. Finally, BTIG Research raised their price objective on shares of MicroStrategy from $780.00 to $1,800.00 and gave the company a “buy” rating in a research report on Friday, April 5th. One research analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, MicroStrategy presently has a consensus rating of “Moderate Buy” and an average target price of $1,733.75.

About MicroStrategy

MicroStrategy Incorporated provides artificial intelligence-powered enterprise analytics software and services in the United States, Europe, the Middle East, Africa, and internationally. It offers MicroStrategy ONE, which provides non-technical users with the ability to directly access novel and actionable insights for decision-making; and MicroStrategy Cloud for Government service, which offers always-on threat monitoring that meets the rigorous technical and regulatory needs of governments and financial institutions.