MicroStrategy Incorporated (NASDAQ:MSTR) – Equities research analysts at First Analysis decreased their Q1 2018 EPS estimates for MicroStrategy in a research note issued on Wednesday. First Analysis analyst F. Sparacino now anticipates that the software maker will post earnings of $0.61 per share for the quarter, down from their previous forecast of $0.67.

MicroStrategy (NASDAQ:MSTR) last issued its quarterly earnings results on Thursday, January 25th. The software maker reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.17. MicroStrategy had a net margin of 3.50% and a return on equity of 10.43%. The business had revenue of $138.10 million for the quarter, compared to the consensus estimate of $132.91 million. During the same quarter in the previous year, the firm earned $2.69 earnings per share. The company’s revenue for the quarter was down 1.4% on a year-over-year basis.

Other equities analysts also recently issued research reports about the stock. Mizuho lowered their target price on shares of MicroStrategy from $220.00 to $200.00 and set a “buy” rating on the stock in a report on Friday, October 27th. Zacks Investment Research downgraded shares of MicroStrategy from a “hold” rating to a “sell” rating in a report on Wednesday, January 17th. Finally, BidaskClub downgraded shares of MicroStrategy from a “hold” rating to a “sell” rating in a report on Thursday, December 7th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $155.75.

MicroStrategy (NASDAQ MSTR) opened at $135.83 on Thursday. MicroStrategy has a 1-year low of $122.90 and a 1-year high of $197.22. The firm has a market cap of $1,533.41, a P/E ratio of 25.14 and a beta of 0.63.

A number of institutional investors and hedge funds have recently made changes to their positions in MSTR. Alyeska Investment Group L.P. bought a new stake in MicroStrategy in the third quarter worth $32,366,000. Ascend Capital LLC bought a new stake in MicroStrategy in the fourth quarter worth $16,807,000. Janus Henderson Group PLC bought a new stake in MicroStrategy in the second quarter worth $20,738,000. BlackRock Inc. increased its position in MicroStrategy by 3.1% in the fourth quarter. BlackRock Inc. now owns 1,430,180 shares of the software maker’s stock worth $187,781,000 after purchasing an additional 42,544 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its position in MicroStrategy by 63.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 107,270 shares of the software maker’s stock worth $14,085,000 after purchasing an additional 41,828 shares during the last quarter. Institutional investors own 74.31% of the company’s stock.

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MicroStrategy Company Profile

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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