Microsoft Co. (MSFT) Receives Average Rating of “Buy” from Analysts
Shares of Microsoft Co. (NASDAQ:MSFT) have received an average recommendation of “Buy” from the thirty-nine brokerages that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation, thirty-one have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $99.12.
Several research firms have weighed in on MSFT. UBS Group set a $110.00 target price on Microsoft and gave the stock a “buy” rating in a report on Thursday, February 1st. Wells Fargo & Co set a $105.00 price target on Microsoft and gave the company a “buy” rating in a report on Thursday, February 1st. Royal Bank of Canada set a $105.00 price target on Microsoft and gave the company a “buy” rating in a report on Thursday, February 1st. Macquarie set a $95.00 price target on Microsoft and gave the company a “neutral” rating in a report on Thursday, February 1st. Finally, JPMorgan Chase & Co. set a $94.00 price target on Microsoft and gave the company a “neutral” rating in a report on Thursday, February 1st.
In related news, EVP Christopher C. Capossela sold 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $83.44, for a total value of $333,760.00. Following the completion of the sale, the executive vice president now directly owns 184,278 shares in the company, valued at $15,376,156.32. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Frank H. Brod sold 18,000 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The shares were 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 corporate insiders.
Microsoft (NASDAQ MSFT) traded up $0.70 during mid-day trading on Wednesday, reaching $89.83. The company’s stock had a trading volume of 26,405,498 shares, compared to its average volume of 33,353,988. The company has a current ratio of 2.89, a quick ratio of 2.85 and a debt-to-equity ratio of 1.01. The company has a market capitalization of $699,250.00, a price-to-earnings ratio of 61.24, a PEG ratio of 2.07 and a beta of 1.06. Microsoft has a 52-week low of $63.62 and a 52-week high of $96.07.
Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, January 31st. The software giant reported $0.96 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.87 by $0.09. The firm had revenue of $28.92 billion for the quarter, compared to analyst estimates of $28.42 billion. Microsoft had a return on equity of 35.41% and a net margin of 11.72%. The company’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.83 earnings per share. sell-side analysts expect that Microsoft will post 3.62 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 8th. Stockholders of record on Thursday, February 15th will be given a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 1.87%. The ex-dividend date of this dividend is Wednesday, February 14th. Microsoft’s payout ratio is 113.51%.
COPYRIGHT VIOLATION WARNING: This piece was originally posted by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are reading this piece on another website, it was illegally copied and reposted in violation of US & international copyright laws. The legal version of this piece can be read at https://theolympiareport.com/2018/02/14/microsoft-co-msft-receives-average-rating-of-buy-from-analysts.html.
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.
Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.com's FREE daily email newsletter.