Microsoft (NASDAQ:MSFT) had its price objective lifted by analysts at Argus from $95.00 to $107.00 in a research note issued to investors on Tuesday, February 6th, MarketBeat.com reports. The firm currently has a “buy” rating on the software giant’s stock. Argus’ price objective points to a potential upside of 20.41% from the stock’s current price.
MSFT has been the topic of a number of other research reports. Oppenheimer upped their target price on shares of Microsoft to $115.00 and gave the stock an “outperform” rating in a report on Tuesday, January 9th. Morningstar reaffirmed a “neutral” rating on shares of Microsoft in a research report on Monday, October 16th. Citigroup upped their price objective on shares of Microsoft to $115.00 and gave the stock a “buy” rating in a research report on Thursday, February 1st. Evercore ISI upped their price objective on shares of Microsoft from $93.00 to $106.00 and gave the stock an “outperform” rating in a research report on Friday, December 8th. Finally, UBS Group set a $105.00 target price on shares of Microsoft and gave the company a “buy” rating in a research report on Thursday, November 9th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, thirty-one have given a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $99.14.
Shares of Microsoft (NASDAQ:MSFT) traded down $0.27 during trading on Tuesday, hitting $88.87. 5,887,568 shares of the company traded hands, compared to its average volume of 32,841,258. The company has a market capitalization of $680,810.00, a PE ratio of 60.45, a price-to-earnings-growth ratio of 2.05 and a beta of 1.06. The company has a current ratio of 2.89, a quick ratio of 2.85 and a debt-to-equity ratio of 1.01. Microsoft has a one year low of $63.62 and a one year high of $96.07.
Microsoft (NASDAQ:MSFT) last released its earnings results on Wednesday, January 31st. The software giant reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.09. Microsoft had a net margin of 11.72% and a return on equity of 35.41%. The business had revenue of $28.92 billion for the quarter, compared to analyst estimates of $28.42 billion. During the same quarter in the previous year, the business earned $0.83 earnings per share. Microsoft’s revenue for the quarter was up 11.9% on a year-over-year basis. equities research analysts anticipate that Microsoft will post 3.62 EPS for the current year.
In other news, EVP Christopher C. Capossela sold 4,000 shares of Microsoft stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $83.44, for a total transaction of $333,760.00. Following the sale, the executive vice president now owns 184,278 shares of the company’s stock, valued at approximately $15,376,156.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Frank H. Brod sold 18,000 shares of Microsoft stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $83.15, for a total transaction of $1,496,700.00. The disclosure for this sale can be found here. 1.49% of the stock is owned by company insiders.
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Kohmann Bosshard Financial Services LLC purchased a new position in Microsoft in the fourth quarter worth about $103,000. Acrospire Investment Management LLC raised its holdings in Microsoft by 300.0% in the second quarter. Acrospire Investment Management LLC now owns 1,600 shares of the software giant’s stock worth $110,000 after buying an additional 1,200 shares during the last quarter. First Dallas Securities Inc. purchased a new position in Microsoft in the fourth quarter worth about $123,000. Cerebellum GP LLC purchased a new position in Microsoft in the fourth quarter worth about $134,000. Finally, Stelac Advisory Services LLC raised its holdings in Microsoft by 23.5% in the second quarter. Stelac Advisory Services LLC now owns 2,033 shares of the software giant’s stock worth $140,000 after buying an additional 387 shares during the last quarter. 73.07% of the stock is owned by institutional investors.
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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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