Back to top

Analyst Blog

Zacks Equity Research

Motorola's Improved Radio System to Benefit Munich Airport

HRS IDCC MSI UBNT

Trades from $3

Motorola Solutions (MSI - Free Report) was recently ordered to implement and update its current TETRA digital two-way radio system to improve communications at Munich airport.

The modernization of the offering at Germany’s second-largest airport is expected to improve connectivity, interoperability and communication between various operations. The Chicago, IL-based company will strive to ensure that its enhanced offering works smoothly at the airport.

Furthermore, a pilot project is in operation at the Munich airport so that the company’s broadband push-to-talk (PTT) platform – WAVE – can be introduced at the airport. Smooth communication between airport staff, irrespective of the device/infrastructure being used, is the objective behind the move.

Motorola is constantly looking to upgrade its product portfolio. Earlier this month, the company reported better-than-expected third-quarter results, driven by its strong portfolio. We are also impressed by the company’s decision to hike its quarterly dividend, which was announced earlier this month. Other stocks in the wireless equipment industry to increase their dividend payout this year include Harris Corp. (HRS - Free Report) and InterDigital Inc. (IDCC - Free Report) .

Motorola Solutions also made it to the headlines by virtue of its decision to trim its workforce to operate more efficiently and focus on its core business. According to a Daily Herald report, the company laid off 200 workers at Motorola Solutions’ Schaumburg, Elgin and Chicago offices. According to the report, the company’s enhanced focus on software and services might lead to some of the eliminated positions being filled again.

Zacks Rank & A Key Pick

Motorola Solutions currently carries a Zacks Rank #2 (Buy). Investors interested in the wireless equipment space may also consider Ubiquiti Networks (UBNT - Free Report) , which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. The Zacks Consensus Estimate for the current quarter has increased 13.6% to 75 cents per share over the last month for Ubiquiti Networks.


Confidential from Zacks

Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>


In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

HARRIS CORP (HRS) - free report >>

INTERDIGITL INC (IDCC) - free report >>

MOTOROLA SOLUTN (MSI) - free report >>

UBIQUITI NETWRK (UBNT) - free report >>