Microsoft Corporation (MSFT) to Post Q1 2019 Earnings of $0.88 Per Share, William Blair Forecasts
Microsoft Corporation (NASDAQ:MSFT) – Investment analysts at William Blair issued their Q1 2019 earnings per share (EPS) estimates for Microsoft Corporation in a report issued on Monday. William Blair analyst J. Ader forecasts that the software giant will post earnings per share of $0.88 for the quarter. William Blair has a “Outperform” rating on the stock. William Blair also issued estimates for Microsoft Corporation’s Q2 2019 earnings at $0.93 EPS, Q3 2019 earnings at $0.88 EPS and Q4 2019 earnings at $1.02 EPS.
Several other research analysts have also recently weighed in on MSFT. Vetr raised shares of Microsoft Corporation from a “sell” rating to a “hold” rating and set a $82.07 price target on the stock in a report on Tuesday. Canaccord Genuity reiterated a “buy” rating and set a $94.00 price target (up previously from $86.00) on shares of Microsoft Corporation in a research report on Friday, October 27th. Credit Suisse Group reiterated a “buy” rating and set a $95.00 price target on shares of Microsoft Corporation in a research report on Friday, October 27th. Oppenheimer Holdings, Inc. increased their price target on shares of Microsoft Corporation from $80.00 to $92.00 and gave the stock an “outperform” rating in a research report on Tuesday. Finally, Barclays PLC reiterated an “overweight” rating and set a $89.00 price target (up previously from $82.00) on shares of Microsoft Corporation in a research report on Friday, October 27th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirty have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $82.61.
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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 analysts’ consensus estimates of $0.72 by $0.12. The business had revenue of $24.50 billion for the quarter, compared to analyst estimates of $23.57 billion. Microsoft Corporation had a return on equity of 35.23% and a net margin of 24.56%. The firm’s revenue for the quarter was up 11.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.76 earnings per share.
Large investors have recently modified their holdings of the company. Hays Advisory LLC increased its stake in Microsoft Corporation by 8.6% in the first quarter. Hays Advisory LLC now owns 4,303 shares of the software giant’s stock valued at $283,000 after purchasing an additional 339 shares during the last quarter. Winslow Evans & Crocker Inc. grew its stake in shares of Microsoft Corporation by 4.1% in the first quarter. Winslow Evans & Crocker Inc. now owns 49,790 shares of the software giant’s stock valued at $3,279,000 after buying an additional 1,948 shares in the last quarter. Atria Investments LLC grew its stake in shares of Microsoft Corporation by 8.5% in the first quarter. Atria Investments LLC now owns 141,762 shares of the software giant’s stock valued at $9,336,000 after buying an additional 11,115 shares in the last quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO grew its stake in shares of Microsoft Corporation by 1.1% in the first quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 67,371 shares of the software giant’s stock valued at $4,437,000 after buying an additional 758 shares in the last quarter. Finally, Baldwin Brothers Inc. MA grew its stake in shares of Microsoft Corporation by 7.5% in the first quarter. Baldwin Brothers Inc. MA now owns 201,434 shares of the software giant’s stock valued at $13,267,000 after buying an additional 13,969 shares in the last quarter. Institutional investors and hedge funds own 73.35% of the company’s stock.
In other Microsoft Corporation news, CFO Amy Hood sold 55,000 shares of the business’s stock in a transaction on Tuesday, August 29th. The stock was sold at an average price of $72.71, for a total transaction of $3,999,050.00. Following the sale, the chief financial officer now directly owns 510,217 shares in the company, valued at $37,097,878.07. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Jean Philippe Courtois sold 26,763 shares of the business’s stock in a transaction on Wednesday, August 30th. The stock was sold at an average price of $74.00, for a total value of $1,980,462.00. Following the sale, the insider now owns 537,519 shares in the company, valued at $39,776,406. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 7,081,763 shares of company stock valued at $513,899,512. 1.49% of the stock is owned by company insiders.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 14th. Investors of record on Thursday, November 16th will be paid a dividend of $0.42 per share. This is a boost from Microsoft Corporation’s previous quarterly dividend of $0.39. The ex-dividend date is Wednesday, November 15th. This represents a $1.68 annualized dividend and a yield of 2.02%. Microsoft Corporation’s payout ratio is presently 53.06%.
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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