Microsoft Corporation (MSFT) PT Set at $105.00 by UBS AG
Microsoft Corporation (NASDAQ:MSFT) has been given a $105.00 target price by UBS AG in a research note issued on Thursday. The firm presently has a “buy” rating on the software giant’s stock. UBS AG’s price target would suggest a potential upside of 25.19% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Credit Suisse Group set a $84.00 target price on shares of Microsoft Corporation and gave the company a “buy” rating in a report on Friday, August 11th. Tigress Financial reaffirmed a “buy” rating on shares of Microsoft Corporation in a report on Tuesday. Barclays PLC reissued an “overweight” rating and issued a $82.00 price target (up from $77.00) on shares of Microsoft Corporation in a report on Friday, July 21st. Raymond James Financial, Inc. increased their price target on shares of Microsoft Corporation to $84.00 and gave the company a “buy” rating in a report on Friday, July 21st. Finally, MKM Partners reissued a “neutral” rating and issued a $70.00 price target (up from $66.00) on shares of Microsoft Corporation in a report on Sunday, July 23rd. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and twenty-nine have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $83.64.
Microsoft Corporation (NASDAQ:MSFT) traded down $0.22 during trading on Thursday, hitting $83.87. 19,397,700 shares of the stock were exchanged, compared to its average volume of 22,495,926. Microsoft Corporation has a one year low of $57.28 and a one year high of $86.20. The company has a debt-to-equity ratio of 0.91, a quick ratio of 3.06 and a current ratio of 3.12. The firm has a market cap of $648,719.88, a P/E ratio of 24.88, a price-to-earnings-growth ratio of 1.97 and a beta of 1.01.
Microsoft Corporation (NASDAQ:MSFT) last posted its quarterly earnings data on Thursday, October 26th. The software giant reported $0.84 EPS for the quarter, topping the Zacks’ consensus estimate of $0.72 by $0.12. The company had revenue of $24.50 billion during the quarter, compared to the consensus estimate of $23.57 billion. Microsoft Corporation had a net margin of 24.56% and a return on equity of 35.23%. The company’s quarterly revenue was up 11.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.76 EPS. analysts expect that Microsoft Corporation will post 3.37 earnings per share for the current year.
In other news, CFO Amy Hood sold 55,000 shares of the company’s stock in a transaction dated Tuesday, August 29th. The shares were sold at an average price of $72.71, for a total transaction of $3,999,050.00. Following the transaction, the chief financial officer now owns 510,217 shares in the company, valued at $37,097,878.07. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Frank H. Brod sold 15,000 shares of the company’s stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $84.08, for a total transaction of $1,261,200.00. Following the transaction, the insider now owns 116,205 shares in the company, valued at approximately $9,770,516.40. The disclosure for this sale can be found here. Insiders sold 96,763 shares of company stock worth $7,240,712 in the last 90 days. 1.49% of the stock is currently owned by company insiders.
Several institutional investors and hedge funds have recently bought and sold shares of the company. Appropriate Balance Financial Services Inc. increased its holdings in Microsoft Corporation by 4.7% in the 2nd quarter. Appropriate Balance Financial Services Inc. now owns 643 shares of the software giant’s stock worth $9,331,000 after buying an additional 29 shares during the period. Acrospire Investment Management LLC boosted its position in Microsoft Corporation by 300.0% in the 2nd quarter. Acrospire Investment Management LLC now owns 1,600 shares of the software giant’s stock worth $110,000 after purchasing an additional 1,200 shares in the last quarter. Hefty Wealth Partners boosted its position in Microsoft Corporation by 65.6% in the 2nd quarter. Hefty Wealth Partners now owns 1,648 shares of the software giant’s stock worth $113,000 after purchasing an additional 653 shares in the last quarter. Asset Planning Services Ltd. boosted its position in Microsoft Corporation by 93.0% in the 1st quarter. Asset Planning Services Ltd. now owns 1,737 shares of the software giant’s stock worth $114,000 after purchasing an additional 837 shares in the last quarter. Finally, Ullmann Financial Group Inc. purchased a new stake in Microsoft Corporation in the 1st quarter worth approximately $132,000. Hedge funds and other institutional investors own 73.35% of the company’s stock.
About Microsoft Corporation
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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