Microsoft Co. (MSFT) Receives Average Rating of “Buy” from Brokerages

Shares of Microsoft Co. (NASDAQ:MSFT) have earned an average recommendation of “Buy” from the thirty-nine research firms that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, six have issued a hold recommendation, thirty-one have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $99.12.

MSFT has been the subject of several recent analyst reports. Oppenheimer increased their price target on Microsoft to $115.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 9th. Citigroup increased their price target on Microsoft to $115.00 and gave the stock a “buy” rating in a research note on Thursday, February 1st. Evercore ISI increased their price target on Microsoft from $93.00 to $106.00 and gave the stock an “outperform” rating in a research note on Friday, December 8th. UBS Group set a $105.00 price target on Microsoft and gave the stock a “buy” rating in a research note on Thursday, November 9th. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $88.00 price objective (up previously from $85.00) on shares of Microsoft in a report on Friday, October 27th.

In other Microsoft news, insider Frank H. Brod sold 18,000 shares of the company’s 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Christopher C. Capossela sold 4,000 shares of the company’s 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 completion of the transaction, the executive vice president now directly owns 184,278 shares in the company, valued at $15,376,156.32. The disclosure for this sale can be found here. 1.49% of the stock is currently owned by corporate insiders.

Several hedge funds and other institutional investors have recently modified their holdings of MSFT. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Microsoft in the 4th quarter worth approximately $103,000. Acrospire Investment Management LLC lifted its position in shares of Microsoft by 300.0% in the 2nd quarter. Acrospire Investment Management LLC now owns 1,600 shares of the software giant’s stock worth $110,000 after acquiring an additional 1,200 shares during the period. First Dallas Securities Inc. bought a new stake in shares of Microsoft in the 4th quarter worth approximately $123,000. Cerebellum GP LLC bought a new stake in shares of Microsoft in the 4th quarter worth approximately $134,000. Finally, Stelac Advisory Services LLC lifted its position in shares of Microsoft by 23.5% in the 2nd quarter. Stelac Advisory Services LLC now owns 2,033 shares of the software giant’s stock worth $140,000 after acquiring an additional 387 shares during the period. 73.07% of the stock is currently owned by institutional investors and hedge funds.

Shares of Microsoft (NASDAQ:MSFT) traded up $0.70 on Wednesday, reaching $89.83. The company had a trading volume of 26,405,498 shares, compared to its average volume of 33,353,988. Microsoft has a 52-week low of $63.62 and a 52-week high of $96.07. The company has a market cap of $699,250.00, a P/E ratio of 61.24, a P/E/G ratio of 2.07 and a beta of 1.06. The company has a debt-to-equity ratio of 1.01, a quick ratio of 2.85 and a current ratio of 2.89.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Wednesday, January 31st. The software giant reported $0.96 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ 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 company had revenue of $28.92 billion during the quarter, compared to analysts’ expectations of $28.42 billion. During the same quarter in the prior year, the business posted $0.83 earnings per share. The company’s revenue for the quarter was up 11.9% compared to the same quarter last year. equities analysts predict that Microsoft will post 3.62 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 8th. Investors of record on Thursday, February 15th will be paid a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 1.87%. The ex-dividend date of this dividend is Wednesday, February 14th. Microsoft’s dividend payout ratio is currently 113.51%.

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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.

Analyst Recommendations for Microsoft (NASDAQ:MSFT)

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