Microsoft (NASDAQ:MSFT) will be issuing its quarterly earnings data after the market closes on Wednesday, January 31st. Analysts expect the company to announce earnings of $0.83 per share for the quarter.
Microsoft (NASDAQ:MSFT) last issued its earnings results on Thursday, October 26th. The software giant reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.12. Microsoft had a net margin of 24.56% and a return on equity of 35.23%. The firm had revenue of $24.50 billion for the quarter, compared to analyst estimates of $23.57 billion. During the same quarter last year, the business posted $0.76 earnings per share. The company’s quarterly revenue was up 11.7% on a year-over-year basis. On average, analysts expect Microsoft to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Shares of Microsoft (MSFT) opened at $91.90 on Wednesday. Microsoft has a 52-week low of $62.75 and a 52-week high of $92.30. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.12 and a quick ratio of 3.06. The firm has a market cap of $708,970.00, a P/E ratio of 31.05, a price-to-earnings-growth ratio of 2.11 and a beta of 0.99.
In related news, insider Frank H. Brod sold 18,000 shares of Microsoft stock in a transaction on Monday, December 4th. The shares were sold at an average price of $83.15, for a total transaction of $1,496,700.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Frank H. Brod sold 15,000 shares of Microsoft stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $84.08, for a total transaction of $1,261,200.00. Following the transaction, the insider now directly owns 116,205 shares of the company’s stock, valued at approximately $9,770,516.40. The disclosure for this sale can be found here. Insiders have sold 45,000 shares of company stock valued at $3,759,420 in the last three months. 1.49% of the stock is owned by insiders.
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Yellowstone Partners LLC bought a new stake in Microsoft in the third quarter valued at $1,702,000. Independent Advisor Alliance increased its stake in Microsoft by 20.6% in the third quarter. Independent Advisor Alliance now owns 95,758 shares of the software giant’s stock valued at $7,305,000 after purchasing an additional 16,361 shares in the last quarter. Fieldpoint Private Securities LLC increased its stake in Microsoft by 24.7% in the third quarter. Fieldpoint Private Securities LLC now owns 41,069 shares of the software giant’s stock valued at $3,059,000 after purchasing an additional 8,130 shares in the last quarter. Wealthcare Advisory Partners LLC increased its stake in Microsoft by 11,446.0% in the third quarter. Wealthcare Advisory Partners LLC now owns 20,321 shares of the software giant’s stock valued at $1,514,000 after purchasing an additional 20,145 shares in the last quarter. Finally, Stonebridge Capital Advisors LLC increased its stake in Microsoft by 89.9% in the third quarter. Stonebridge Capital Advisors LLC now owns 114,645 shares of the software giant’s stock valued at $8,540,000 after purchasing an additional 54,267 shares in the last quarter. 73.18% of the stock is owned by institutional investors and hedge funds.
MSFT has been the topic of a number of research analyst reports. Canaccord Genuity restated a “buy” rating and issued a $94.00 target price (up previously from $86.00) on shares of Microsoft in a research report on Friday, October 27th. Barclays set a $95.00 price target on shares of Microsoft and gave the stock an “overweight” rating in a report on Friday, January 12th. ValuEngine upgraded shares of Microsoft from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Atlantic Securities set a $83.00 price target on shares of Microsoft and gave the stock a “neutral” rating in a report on Friday, October 27th. Finally, UBS Group set a $105.00 price target on shares of Microsoft and gave the stock a “buy” rating in a report on Thursday, November 9th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and twenty-nine have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $89.49.
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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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