Analysts Set Expectations for Microsoft Corporation’s Q1 2019 Earnings (MSFT)
Microsoft Corporation (NASDAQ:MSFT) – Equities research analysts at William Blair issued their Q1 2019 earnings per share estimates for Microsoft Corporation in a note issued to investors on Monday. William Blair analyst J. Ader expects that the software giant will post earnings per share of $0.88 for the quarter. William Blair has a “Outperform” rating on the stock. William Blair also issued estimates for Microsoft Corporation’s Q2 2019 earnings at $0.93 EPS, Q3 2019 earnings at $0.88 EPS and Q4 2019 earnings at $1.02 EPS.
MSFT has been the topic of several other reports. ValuEngine raised Microsoft Corporation from a “hold” rating to a “buy” rating in a research report on Wednesday, September 6th. Canaccord Genuity reaffirmed a “buy” rating and issued a $94.00 price objective (up from $86.00) on shares of Microsoft Corporation in a research report on Friday, October 27th. Morgan Stanley reaffirmed an “overweight” rating and issued a $80.00 price objective on shares of Microsoft Corporation in a research report on Thursday, July 13th. Atlantic Securities set a $83.00 price objective on Microsoft Corporation and gave the company a “neutral” rating in a research report on Friday, October 27th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $73.00 price objective on shares of Microsoft Corporation in a research report on Sunday, July 9th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirty have given a buy rating to the stock. Microsoft Corporation currently has a consensus rating of “Buy” and an average target price of $82.61.
Microsoft Corporation (NASDAQ:MSFT) last issued its quarterly earnings results on Thursday, October 26th. The software giant reported $0.84 EPS for the quarter, beating the Zacks’ consensus estimate of $0.72 by $0.12. The company had revenue of $24.50 billion during the quarter, compared to the consensus estimate of $23.57 billion. Microsoft Corporation had a return on equity of 35.23% and a net margin of 24.56%. Microsoft Corporation’s revenue was up 11.7% on a year-over-year basis. During the same period last year, the business posted $0.76 earnings per share.
Large investors have recently modified their holdings of the company. Northeast Financial Consultants Inc increased its position in shares of Microsoft Corporation by 17.4% during the second quarter. Northeast Financial Consultants Inc now owns 10,100 shares of the software giant’s stock worth $696,000 after acquiring an additional 1,500 shares during the period. Tompkins Financial Corp increased its position in shares of Microsoft Corporation by 21.1% during the first quarter. Tompkins Financial Corp now owns 104,748 shares of the software giant’s stock worth $5,784,000 after acquiring an additional 18,225 shares during the period. State of Wisconsin Investment Board increased its position in shares of Microsoft Corporation by 7.3% during the first quarter. State of Wisconsin Investment Board now owns 7,827,220 shares of the software giant’s stock worth $515,501,000 after acquiring an additional 530,893 shares during the period. Taylor Cottrill Erickson & Associates Inc. increased its position in shares of Microsoft Corporation by 1.4% during the second quarter. Taylor Cottrill Erickson & Associates Inc. now owns 65,566 shares of the software giant’s stock worth $4,519,000 after acquiring an additional 900 shares during the period. Finally, HPM Partners LLC increased its position in shares of Microsoft Corporation by 293.5% during the first quarter. HPM Partners LLC now owns 161,065 shares of the software giant’s stock worth $10,608,000 after acquiring an additional 120,135 shares during the period. 73.35% of the stock is currently owned by institutional investors and hedge funds.
In other news, insider Jean Philippe Courtois sold 26,763 shares of the firm’s stock in a transaction that occurred on Wednesday, August 30th. The shares were sold at an average price of $74.00, for a total transaction of $1,980,462.00. Following the transaction, the insider now directly owns 537,519 shares of the company’s stock, valued at $39,776,406. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider G Mason Morfit sold 7,000,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $72.56, for a total transaction of $507,920,000.00. The disclosure for this sale can be found here. Insiders sold a total of 7,081,763 shares of company stock worth $513,899,512 over the last three months. 1.49% of the stock is currently owned by corporate insiders.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 14th. Investors of record on Thursday, November 16th will be given a $0.42 dividend. This is a positive change from Microsoft Corporation’s previous quarterly dividend of $0.39. This represents a $1.68 dividend on an annualized basis and a yield of 2.02%. The ex-dividend date is Wednesday, November 15th. Microsoft Corporation’s dividend payout ratio is 53.06%.
Microsoft Corporation 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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