Microsoft Co. (NASDAQ:MSFT) has been assigned a consensus recommendation of “Buy” from the thirty-nine research firms that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, six have given a hold recommendation, thirty-one have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $99.12.
A number of research firms have recently commented on MSFT. Vetr raised Microsoft from a “buy” rating to a “strong-buy” rating and set a $95.92 price target for the company in a report on Monday, February 12th. Tigress Financial reaffirmed a “buy” rating on shares of Microsoft in a report on Wednesday. Goldman Sachs Group set a $103.00 price objective on Microsoft and gave the stock a “buy” rating in a research report on Thursday, February 1st. Wells Fargo & Co set a $105.00 price objective on Microsoft and gave the stock a “buy” rating in a research report on Thursday, February 1st. Finally, UBS Group set a $110.00 price objective on Microsoft and gave the stock a “buy” rating in a research report on Thursday, February 1st.
Microsoft (NASDAQ MSFT) traded down $0.66 during trading on Wednesday, hitting $92.00. The stock had a trading volume of 30,580,385 shares, compared to its average volume of 34,170,000. Microsoft has a 52-week low of $63.62 and a 52-week high of $96.07. The company has a quick ratio of 2.85, a current ratio of 2.89 and a debt-to-equity ratio of 1.01. The company has a market capitalization of $703,340.00, a price-to-earnings ratio of 28.22, a P/E/G ratio of 2.14 and a beta of 1.06.
Microsoft (NASDAQ:MSFT) last posted its quarterly earnings results on Wednesday, January 31st. The software giant reported $0.96 EPS for the quarter, topping the Zacks’ consensus estimate of $0.87 by $0.09. Microsoft had a return on equity of 35.41% and a net margin of 11.72%. The firm had revenue of $28.92 billion during the quarter, compared to analyst estimates of $28.42 billion. During the same period last year, the company earned $0.83 earnings per share. The business’s revenue for the quarter was up 11.9% on a year-over-year basis. research analysts forecast that Microsoft will post 3.64 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 8th. Stockholders of record on Thursday, February 15th will be issued a $0.42 dividend. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $1.68 annualized dividend and a dividend yield of 1.83%. Microsoft’s dividend payout ratio is currently 51.53%.
In other news, EVP Christopher C. Capossela sold 4,000 shares of Microsoft stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $83.44, for a total value of $333,760.00. Following the transaction, the executive vice president now owns 184,278 shares in the company, valued at $15,376,156.32. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Frank H. Brod sold 18,000 shares of Microsoft stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $83.15, for a total value of $1,496,700.00. The disclosure for this sale can be found here. 1.49% of the stock is currently owned by insiders.
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Kohmann Bosshard Financial Services LLC bought a new stake in Microsoft during the 4th quarter valued at approximately $103,000. Acrospire Investment Management LLC boosted its position in Microsoft by 300.0% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,600 shares of the software giant’s stock valued at $110,000 after acquiring an additional 1,200 shares in the last quarter. First Dallas Securities Inc. bought a new stake in Microsoft during the 4th quarter valued at approximately $123,000. Cerebellum GP LLC bought a new stake in Microsoft during the 4th quarter valued at approximately $134,000. Finally, Stelac Advisory Services LLC boosted its position in Microsoft by 23.5% during the 2nd quarter. Stelac Advisory Services LLC now owns 2,033 shares of the software giant’s stock valued at $140,000 after acquiring an additional 387 shares in the last quarter. 73.07% of the stock is currently owned by institutional investors.
Microsoft Company Profile
Microsoft Corporation is a technology company. The Company develops, licenses, and supports a range of software products, services and devices. The Company’s segments include Productivity and Business Processes, Intelligent Cloud and More Personal Computing. The Company’s products include operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; video games, and training and certification of computer system integrators and developers.
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