Microsoft Corporation (NASDAQ:MSFT) shares slumped -0.39% to $63.98 on Tuesday. For the next 5 years, Microsoft Corporation is expecting Growth of 9.3% per annum, whereas in the past 5 years the growth was 1.71% per annum.
Several analysts are now covering the company. Peddock Capital Advisors LLC purchased a new position in shares of Microsoft Corporation during the third quarter valued at $130,000. The stock is now trading 1.72% above its SMA 50 and 12.13% above its SMA 200. Motley Fool Wealth Management LLC's holdings in Microsoft Corporation were worth $780,000 at the end of the most recent quarter. MD now owns 178,592,140 shares of the software giant's stock valued at $10,286,907,000 after buying an additional 517,111 shares during the last quarter. Microsoft Corporation (NASDAQ:MSFT) has risen 15.81% since July 21, 2016 and is uptrending. Beacon Investment Advisory Services Inc. raised its stake in Microsoft Corporation by 0.4% in the second quarter. While it's Return on Investment (ROI) value is 13.5%. Shares have risen 11.84% over the trailing 6 months.
Microsoft Corporation (NASDAQ:MSFT) opened at 63.98 on Wednesday. Microsoft Corporation has a 12-month low of $48.04 and a 12-month high of $65.91. The stock's current distance from 20-Day Simple Moving Average (SMA20) is 0.96% where SMA50 and SMA200 are 2.43% and 12.96% respectively. Company price to earnings (P/E) ratio, which measures the relationship between the earnings of a company and its stock price, is calculated as 30.12. The software giant reported $0.84 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.79 by $0.05. The company had revenue of $26.07 billion for the quarter, compared to analyst estimates of $25.13 billion. Microsoft Corporation had a net margin of 19.57% and a return on equity of 32.12%. The firm's revenue was up 1.5% on a year-over-year basis. According to the earnings report released for Quarter Ending_Dec-16, The Company posted actual earnings of $0.84 per share whereas the Analysts projected earnings were $0.79 per share. Analysts anticipate that Microsoft Corporation will post $2.98 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 9th.
A number of research analysts have commented on MSFT shares.
Insider Trades for Microsoft Corporation show that the latest trade was made on 2 Feb 2017 where Morfit (G Mason), the Director and Beneficial Owner completed a transaction type "Sell" in which 1804300 shares were traded at a price of $63.33.
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ACIA is ahead its 52-week low with 92.05%and going down from its 52-week high price with -59.64%.
The stock price of firm is moving down from its 20 days moving average with -0.01% and remote isolated positively from 50 days moving average with 1.27%. Sanford C. Bernstein set a $76.00 price target on Microsoft Corporation and gave the company a "buy" rating in a report on Friday, January 27th. The Mean and Low price Targets are $69.56 and $45, respectively. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating, twenty-five have given a buy rating and one has assigned a strong buy rating to the company's stock. They issued an "overweight" rating and a $80.00 price target for the company.
Price Target is an important factor while doing analysis of a stock. The stock has a quick ratio of 2.00 and a current ratio of 2.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Studies indicate that the stock prices of firms with significant positive earnings surprises show above-average performance, while those with negative surprises have below-average performance. The disclosure for this sale can be found here.
The stock as of last trading session moved 36.26% up from its 52 week low and was -1.96% behind its 52 week high.
Microsoft Corporation is a technology company.