Microsoft Co. (NASDAQ:MSFT) – William Blair increased their Q3 2018 earnings per share estimates for Microsoft in a research note issued on Thursday, Zacks Investment Research reports. William Blair analyst J. Ader now expects that the software giant will post earnings per share of $0.84 for the quarter, up from their prior forecast of $0.75.
A number of other equities research analysts also recently commented on MSFT. Vetr raised Microsoft from a “buy” rating to a “strong-buy” rating and set a $95.92 price objective for the company in a research report on Monday. Goldman Sachs Group set a $103.00 price objective on Microsoft and gave the company a “buy” rating in a research report on Thursday, February 1st. BMO Capital Markets reaffirmed an “outperform” rating and issued a $107.00 price objective (up previously from $100.00) on shares of Microsoft in a research report on Thursday, February 1st. UBS Group set a $110.00 price objective on Microsoft and gave the company a “buy” rating in a research report on Thursday, February 1st. Finally, Wells Fargo & Co set a $105.00 price objective on Microsoft and gave the company a “buy” rating in a research report on Thursday, February 1st. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, thirty-one have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $99.14.
Shares of Microsoft (NASDAQ MSFT) traded up $0.70 during trading hours on Monday, hitting $89.83. The stock had a trading volume of 26,405,498 shares, compared to its average volume of 32,677,723. The stock has a market capitalization of $691,810.00, a P/E ratio of 60.65, 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 has a twelve month low of $63.62 and a twelve month high of $96.07.
Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, January 31st. The software giant reported $0.96 EPS for the quarter, beating the Zacks’ consensus estimate of $0.87 by $0.09. The business had revenue of $28.92 billion during the quarter, compared to the consensus estimate of $28.42 billion. Microsoft had a return on equity of 35.41% and a net margin of 11.72%. The business’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.83 earnings per share.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 8th. Shareholders of record on Thursday, February 15th will be paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date is Wednesday, February 14th. Microsoft’s dividend payout ratio is presently 113.51%.
In other Microsoft news, EVP Christopher C. Capossela sold 4,000 shares of the business’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $83.44, for a total transaction of $333,760.00. Following the transaction, the executive vice president now owns 184,278 shares in the company, valued at $15,376,156.32. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Frank H. Brod sold 18,000 shares of the business’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 disclosure for this sale can be found here. Insiders own 1.49% of the company’s stock.
Large investors have recently added to or reduced their stakes in the stock. Kohmann Bosshard Financial Services LLC acquired a new stake in Microsoft during the fourth quarter valued at approximately $103,000. Acrospire Investment Management LLC raised its stake in Microsoft by 300.0% during the second quarter. Acrospire Investment Management LLC now owns 1,600 shares of the software giant’s stock valued at $110,000 after buying an additional 1,200 shares in the last quarter. First Dallas Securities Inc. acquired a new stake in Microsoft during the fourth quarter valued at approximately $123,000. Cerebellum GP LLC acquired a new stake in Microsoft during the fourth quarter valued at approximately $134,000. Finally, Stelac Advisory Services LLC raised its stake in Microsoft by 23.5% during the second quarter. Stelac Advisory Services LLC now owns 2,033 shares of the software giant’s stock valued at $140,000 after buying an additional 387 shares in the last quarter. Institutional investors and hedge funds own 73.07% of the company’s stock.
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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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