In order to bring more efficiency and accelerate law enforcement investigations, Motorola Solutions, Inc. (MSI - Free Report) has added ballistics and crime gun intelligence to its software portfolio. This is a result of integration of Vigilant BallisticSearch, which provides ballistics image capture and analysis, and Vigilant CrimeSearch — a new pattern crime mapping, data retrieval and analysis tool.
As a leading provider of mission-critical communication products and services globally, Motorola has ensured a steady revenue stream from this niche market. The communications equipment maker continues to strengthen its position in the public safety domain by entering into alliances with other players in the ecosystem.
In unison, the above-mentioned solutions facilitate law enforcement agencies to connect apparently different crimes to identify patterns, accelerate case closures and improve public safety. BallisticSearch and CrimeSearch are currently available to law enforcement customers worldwide.
Markedly, BallisticSearch is a portable hardware and software solution that allows law enforcement personnel to capture, analyze and compare 2-D images of fired cartridge casings. The solution is priced at a fraction of the cost of traditional computerized ballistics imaging systems. This should help close gaps in the use of ballistics intelligence and accelerate crime investigations.
CrimeSearch is a pattern crime mapping, data retrieval and analysis solution. It automates how agencies collect, associate, map and leverage law enforcement data, investigative information and forensic reporting results to advance criminal enforcement strategies and tactical operations.
Meanwhile, Motorola is likely to benefit from organic growth and acquisition initiatives, disciplined capital allocation, and favorable macroeconomic climate. Its competitive position together with an attractive portfolio for large addressable market augurs well for future growth. For the third quarter of 2019, the company expects revenue growth of around 6.5% year over year. It anticipates non-GAAP earnings per share between $1.91 and $1.96.
Motorola has long-term earnings growth expectation of 7.7%. Driven by strong business trends including the value of its unique public safety ecosystem, the stock has added 52.8% compared with the industry’s growth of 20.8% year to date.
The company topped earnings estimates in each of the trailing four quarters, delivering average surprise of 8.8%. It is scheduled to report third-quarter earnings on Oct 30, after the closing bell.
Motorola currently has a Zacks Rank #3 (Hold). A few better-ranked stocks in the broader industry are Nokia Corporation (NOK - Free Report) , PCTEL, Inc. (PCTI - Free Report) and T-Mobile US, Inc. (TMUS - Free Report) , each carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Nokia surpassed earnings estimates thrice in the trailing four quarters, the average positive surprise being 89.3%.
PCTEL surpassed earnings estimates thrice in the trailing four quarters, the average positive surprise being 146.4%.
T-Mobile surpassed earnings estimates in the trailing four quarters, the average surprise being 17.9%.
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