Microsoft (NASDAQ:MSFT) has been given a $105.00 target price by equities research analysts at UBS Group in a note issued to investors on Friday, January 19th, www.tipranks.com reports. The firm currently has a “buy” rating on the software giant’s stock. UBS Group’s price objective would indicate a potential upside of 15.63% from the company’s current price.
MSFT has been the topic of several other research reports. Argus upgraded shares of Microsoft from a “hold” rating to a “buy” rating and raised their price objective for the stock from $57.28 to $95.00 in a research note on Tuesday, October 31st. Vetr downgraded shares of Microsoft from a “buy” rating to a “hold” rating and set a $93.54 price objective on the stock. in a research note on Wednesday, January 17th. Goldman Sachs Group set a $92.00 target price on Microsoft and gave the stock a “buy” rating in a research report on Friday, October 27th. Wells Fargo & Co reaffirmed an “outperform” rating and issued a $100.00 target price (up from $90.00) on shares of Microsoft in a research report on Friday, January 12th. Finally, Barclays reaffirmed an “overweight” rating and issued a $89.00 target price (up from $82.00) on shares of Microsoft in a research report on Friday, October 27th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, thirty-one have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $99.14.
Shares of Microsoft (MSFT) traded up $1.40 during trading on Friday, hitting $90.81. 34,960,000 shares of the stock traded hands, compared to its average volume of 33,690,000. The firm has a market capitalization of $700,560.00, a P/E ratio of 61.36, a price-to-earnings-growth 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 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.09. The business had revenue of $28.92 billion for the quarter, compared to the consensus estimate of $28.42 billion. Microsoft had a net margin of 11.72% and a return on equity of 35.41%. Microsoft’s quarterly revenue was up 11.9% on a year-over-year basis. During the same quarter last year, the company posted $0.83 earnings per share. analysts anticipate that Microsoft will post 3.62 earnings per share for the current year.
In related news, insider Frank H. Brod sold 18,000 shares of Microsoft 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 Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Christopher C. Capossela sold 4,000 shares of Microsoft 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 sale, the executive vice president now owns 184,278 shares of the company’s stock, valued at $15,376,156.32. The disclosure for this sale can be found here. 1.49% of the stock is owned by company insiders.
Hedge funds have recently made changes to their positions in the stock. Kohmann Bosshard Financial Services LLC bought a new position in shares of Microsoft during the 4th quarter valued at about $103,000. Acrospire Investment Management LLC lifted its holdings in shares of Microsoft by 300.0% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,600 shares of the software giant’s stock valued at $110,000 after purchasing an additional 1,200 shares in the last quarter. First Dallas Securities Inc. bought a new position in shares of Microsoft during the 4th quarter valued at about $123,000. Cerebellum GP LLC bought a new position in shares of Microsoft during the 4th quarter valued at about $134,000. Finally, Stelac Advisory Services LLC lifted its holdings in shares of Microsoft by 23.5% during the 2nd quarter. Stelac Advisory Services LLC now owns 2,033 shares of the software giant’s stock valued at $140,000 after purchasing an additional 387 shares in the last quarter. Hedge funds and other institutional investors own 73.07% of the company’s stock.
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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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