What’s Happening With Motorola Solutions Stock?

Motorola Solutions (NYSE: MSI) – one of the largest suppliers of land-mobile-radio solutions – has seen its stock rise 11% year-to-date, underperforming the broader S&P 500 which remains up by about 17% over the same period. The company recently posted a stronger-than-expected set of Q2 2023 results, with revenue rising by about 12% year-over-year to $2.4 billion, while adjusted earnings stood at $2.65 per share, led by stronger sales of land mobile radio and video security and access control hardware, particularly in North America. The company’s software and services relating to LMR, Command Center, and video also saw some gains. Motorola also upped its guidance for the full year, projecting revenue of $9.89 billion at the mid-point, up from a previous guidance of $9.75 billion.

Interestingly, MSI stock had a Sharpe Ratio of 0.8 since early 2017, which is higher than the figure of 0.6 for the S&P 500 Index over the same period. Compare this with the Sharpe of 1.2 for the Trefis Reinforced Value portfolio. Sharpe is a measure of return per unit of risk, and high-performance portfolios can provide the best of both worlds.