Microsoft Corporation (MSFT): Street Finally Waking Up

Currently, there are 7.44B common shares owned by the public and among those 7.33B shares have been available to trade.

The company’s stock has a 5-day price change of 0.09% and 0.36% over the past three months. MSFT shares are trading -0.60% year to date (YTD), with the 12-month market performance up to 11.49% higher. It has a 12-month low price of $371.19 and touched a high of $468.35 over the same period. MSFT has an average intraday trading volume of 20.66 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -3.56%, -2.17%, and -1.45% respectively.

Institutional ownership of Microsoft Corporation (NASDAQ: MSFT) shares accounts for 72.55% of the company’s 7.44B shares outstanding.

It has a market capitalization of $3114.84B and a beta (3y monthly) value of 0.90. The stock’s trailing 12-month PE ratio is 34.58, while the earnings-per-share (ttm) stands at $12.12. The company has a PEG of 2.52 and a Quick Ratio of 1.29 with the debt-to-equity ratio at 0.34. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.82% over the week and 1.79% over the month.

Analysts forecast that Microsoft Corporation (MSFT) will achieve an EPS of 3.12 for the current quarter, 3.17 for the next quarter and 15.08 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 3.02 while analysts give the company a high EPS estimate of 3.02. Comparatively, EPS for the current quarter was 2.93 a year ago. Earnings per share for the fiscal year are expected to increase by 10.86%, and 15.54% over the next financial year. EPS should shrink at an annualized rate of 13.74% over the next five years, compared to 18.45% over the past 5-year period.

Looking at the support for the MSFT, a number of firms have released research notes about the stock. Piper Sandler stated their Overweight rating for the stock in a research note on January 06, 2025, with the firm’s price target at $470-$520. BMO Capital Markets coverage for the Microsoft Corporation (MSFT) stock in a research note released on October 31, 2024 offered a Outperform rating with a price target of $495. DA Davidson on their part issued Neutral rating on September 23, 2024.

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