Microsoft Co. (NASDAQ:MSFT) – Research analysts at Piper Jaffray Companies increased their Q4 2019 earnings per share estimates for shares of Microsoft in a research note issued on Wednesday, January 23rd, Zacks Investment Research reports. Piper Jaffray Companies analyst A. Zukin now expects that the software giant will post earnings per share of $1.12 for the quarter, up from their prior estimate of $1.10. Piper Jaffray Companies also issued estimates for Microsoft’s Q1 2020 earnings at $1.19 EPS, Q4 2020 earnings at $1.37 EPS, FY2020 earnings at $4.97 EPS and FY2021 earnings at $5.58 EPS.
A number of other equities research analysts have also recently issued reports on MSFT. Credit Suisse Group set a $125.00 target price on Microsoft and gave the company a “buy” rating in a research note on Thursday. Citigroup reiterated a “neutral” rating and issued a $110.00 target price (down from $114.00) on shares of Microsoft in a research note on Thursday, January 31st. Zacks Investment Research cut Microsoft from a “buy” rating to a “hold” rating in a research note on Monday, December 31st. Royal Bank of Canada set a $124.00 target price on Microsoft and gave the company a “buy” rating in a research note on Thursday, January 31st. Finally, KeyCorp restated a “buy” rating and set a $125.00 price objective on shares of Microsoft in a research note on Tuesday, January 29th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, thirty-one have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Microsoft currently has an average rating of “Buy” and a consensus target price of $122.11.
MSFT stock opened at $105.67 on Friday. The company has a current ratio of 3.12, a quick ratio of 3.08 and a debt-to-equity ratio of 0.82. The firm has a market capitalization of $813.64 billion, a price-to-earnings ratio of 27.23, a P/E/G ratio of 1.94 and a beta of 1.17. Microsoft has a 1 year low of $83.83 and a 1 year high of $116.18.
Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, January 30th. The software giant reported $1.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.09 by $0.01. The company had revenue of $32.47 billion for the quarter, compared to analysts’ expectations of $32.53 billion. Microsoft had a return on equity of 39.52% and a net margin of 28.31%. The firm’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same period last year, the business posted $0.96 earnings per share.
A number of large investors have recently added to or reduced their stakes in MSFT. Pachira Investments Inc. lifted its holdings in shares of Microsoft by 4.4% during the 4th quarter. Pachira Investments Inc. now owns 2,297 shares of the software giant’s stock valued at $233,000 after buying an additional 97 shares during the last quarter. Shine Investment Advisory Services Inc. lifted its holdings in shares of Microsoft by 1.0% during the 4th quarter. Shine Investment Advisory Services Inc. now owns 10,004 shares of the software giant’s stock valued at $1,016,000 after buying an additional 99 shares during the last quarter. Peak Financial Management Inc. lifted its holdings in shares of Microsoft by 4.3% during the 4th quarter. Peak Financial Management Inc. now owns 2,415 shares of the software giant’s stock valued at $245,000 after buying an additional 99 shares during the last quarter. Northwest Quadrant Wealth Management LLC lifted its holdings in shares of Microsoft by 2.7% during the 3rd quarter. Northwest Quadrant Wealth Management LLC now owns 3,847 shares of the software giant’s stock valued at $430,000 after buying an additional 102 shares during the last quarter. Finally, Conservest Capital Advisors Inc. lifted its holdings in shares of Microsoft by 5.2% during the 4th quarter. Conservest Capital Advisors Inc. now owns 2,082 shares of the software giant’s stock valued at $211,000 after buying an additional 102 shares during the last quarter. 71.58% of the stock is currently owned by institutional investors.
In related news, EVP Christopher C. Capossela sold 4,000 shares of Microsoft stock in a transaction dated Monday, December 10th. The stock was sold at an average price of $105.50, for a total value of $422,000.00. Following the transaction, the executive vice president now owns 169,931 shares of the company’s stock, valued at approximately $17,927,720.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CMO Christopher C. Capossela sold 10,000 shares of Microsoft stock in a transaction dated Monday, December 3rd. The shares were sold at an average price of $111.77, for a total value of $1,117,700.00. Following the transaction, the chief marketing officer now directly owns 177,931 shares in the company, valued at approximately $19,887,347.87. The disclosure for this sale can be found here. Insiders sold a total of 285,466 shares of company stock worth $30,325,771 in the last three months. 1.38% of the stock is currently owned by company insiders.
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 14th. Investors of record on Thursday, February 21st will be paid a $0.46 dividend. The ex-dividend date is Wednesday, February 20th. This represents a $1.84 dividend on an annualized basis and a yield of 1.74%. Microsoft’s dividend payout ratio is currently 47.42%.
Microsoft Company Profile
Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its company’s Productivity and Business Processes segment offers Office 365 commercial products and services for businesses, such as Office, Exchange, SharePoint, Skype for Business, Microsoft Teams, and related Client Access Licenses (CALs); Office 365 consumer services, including Skype, Outlook.com, and OneDrive; LinkedIn online professional network; and Dynamics business solutions comprising financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and medium businesses, large organizations, and divisions of enterprises.
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