Microsoft (MSFT) PT Set at $95.00 by Barclays
Barclays set a $95.00 price objective on Microsoft (NASDAQ:MSFT) in a research report released on Friday, Marketbeat reports. The firm currently has an overweight rating on the software giant’s stock.
MSFT has been the topic of a number of other reports. Argus raised Microsoft from a hold rating to a buy rating and lifted their target price for the stock from $57.28 to $95.00 in a research report on Tuesday, October 31st. Goldman Sachs Group set a $92.00 target price on Microsoft and gave the stock a buy rating in a research report on Friday, October 27th. Vetr downgraded Microsoft from a hold rating to a sell rating and set a $78.90 target price on the stock. in a research report on Monday, October 30th. UBS Group set a $105.00 target price on Microsoft and gave the stock a buy rating in a research report on Friday, December 8th. Finally, JPMorgan Chase & Co. set a $78.00 target price on Microsoft and gave the stock a neutral rating in a research report on Friday, October 27th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and thirty-one have issued a buy rating to the company. The company currently has an average rating of Buy and an average price target of $86.97.
Microsoft (NASDAQ:MSFT) traded up $1.50 during trading on Friday, hitting $89.58. The company has a current ratio of 3.12, a quick ratio of 3.06 and a debt-to-equity ratio of 0.91. The stock has a market cap of $691,070.00, a price-to-earnings ratio of 30.26, a price-to-earnings-growth ratio of 2.09 and a beta of 0.99. Microsoft has a 1 year low of $62.03 and a 1 year high of $89.78.
Microsoft (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. Microsoft had a return on equity of 35.23% and a net margin of 24.56%. The business had revenue of $24.50 billion for the quarter, compared to analyst estimates of $23.57 billion. During the same period in the previous year, the company posted $0.76 earnings per share. The firm’s revenue for the quarter was up 11.7% on a year-over-year basis. research analysts predict that Microsoft will post 3.39 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 8th. Shareholders of record on Thursday, February 15th will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 1.88%. The ex-dividend date of this dividend is Wednesday, February 14th. Microsoft’s payout ratio is 56.76%.
In other news, EVP Christopher C. Capossela sold 4,000 shares of Microsoft stock in a transaction that occurred on Tuesday, November 14th. The shares were sold at an average price of $83.48, for a total value of $333,920.00. Following the completion of the transaction, the executive vice president now owns 185,278 shares in the company, valued at $15,467,007.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Frank H. Brod sold 15,000 shares of Microsoft stock in a transaction that occurred on 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 completion of the transaction, the insider now owns 116,205 shares of the company’s stock, valued at approximately $9,770,516.40. The disclosure for this sale can be found here. Insiders sold 45,000 shares of company stock valued at $3,759,420 in the last quarter. 1.49% of the stock is currently owned by corporate insiders.
Large investors have recently bought and sold shares of the company. Ridgewood Investments LLC bought a new position in Microsoft in the 4th quarter worth approximately $227,000. Colorado Capital Management Inc. bought a new position in Microsoft in the 4th quarter worth approximately $225,000. Capital Insight Partners LLC raised its position in Microsoft by 161.5% in the 4th quarter. Capital Insight Partners LLC now owns 30,135 shares of the software giant’s stock worth $2,578,000 after purchasing an additional 18,611 shares during the last quarter. Trellis Advisors LLC bought a new position in Microsoft in the 4th quarter worth approximately $1,357,000. Finally, Bremer Trust National Association raised its position in Microsoft by 5.1% in the 4th quarter. Bremer Trust National Association now owns 23,830 shares of the software giant’s stock worth $2,038,000 after purchasing an additional 1,151 shares during the last quarter. Institutional investors own 73.19% of the company’s stock.
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.
Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with Analyst Ratings Network's FREE daily email newsletter.