Microsoft (NASDAQ:MSFT)‘s stock had its “outperform” rating reissued by stock analysts at Credit Suisse Group in a report issued on Thursday, The Fly reports. They currently have a $115.00 price objective on the software giant’s stock, up from their previous price objective of $95.00. Credit Suisse Group’s target price points to a potential upside of 27.30% from the company’s current price.

Several other research firms have also issued reports on MSFT. Zacks Investment Research raised shares of Microsoft from a “hold” rating to a “buy” rating and set a $99.00 price target on the stock in a research report on Wednesday. Vetr lowered shares of Microsoft from a “buy” rating to a “hold” rating and set a $93.54 price target on the stock. in a research report on Wednesday. Oppenheimer boosted their price target on shares of Microsoft to $115.00 and gave the company an “outperform” rating in a research report on Tuesday, January 9th. Barclays set a $95.00 price target on shares of Microsoft and gave the company an “overweight” rating in a research report on Friday, January 12th. Finally, Wells Fargo & Co reissued an “outperform” rating and issued a $100.00 price target (up previously from $90.00) on shares of Microsoft in a research report on Friday, January 12th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and thirty-one have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $87.56.

Microsoft (NASDAQ MSFT) opened at $90.34 on Thursday. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.12 and a quick ratio of 3.06. The firm has a market cap of $695,390.00, a PE ratio of 30.52, a price-to-earnings-growth ratio of 2.06 and a beta of 0.99. Microsoft has a 52 week low of $62.12 and a 52 week high of $90.79.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings results on Thursday, October 26th. The software giant reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.12. Microsoft had a net margin of 24.56% and a return on equity of 35.23%. The company had revenue of $24.50 billion for the quarter, compared to analyst estimates of $23.57 billion. During the same quarter in the previous year, the firm posted $0.76 earnings per share. The company’s quarterly revenue was up 11.7% compared to the same quarter last year. equities research analysts anticipate that Microsoft will post 3.39 EPS for the current year.

In other Microsoft news, insider Frank H. Brod sold 15,000 shares of the business’s stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $84.08, for a total value 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 transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Frank H. Brod sold 18,000 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $83.15, for a total transaction of $1,496,700.00. The disclosure for this sale can be found here. In the last three months, insiders sold 45,000 shares of company stock valued at $3,759,420. Corporate insiders own 1.49% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the business. Acrospire Investment Management LLC boosted its stake in shares of Microsoft by 300.0% in the 2nd quarter. Acrospire Investment Management LLC now owns 1,600 shares of the software giant’s stock valued at $110,000 after purchasing an additional 1,200 shares in the last quarter. Stelac Advisory Services LLC boosted its stake in shares of Microsoft by 23.5% in the 2nd quarter. Stelac Advisory Services LLC now owns 2,033 shares of the software giant’s stock valued at $140,000 after purchasing an additional 387 shares in the last quarter. Pacific Center for Financial Services boosted its stake in shares of Microsoft by 3.0% in the 2nd quarter. Pacific Center for Financial Services now owns 2,572 shares of the software giant’s stock valued at $177,000 after purchasing an additional 75 shares in the last quarter. AlphaMark Advisors LLC boosted its stake in shares of Microsoft by 1.1% in the 2nd quarter. AlphaMark Advisors LLC now owns 2,677 shares of the software giant’s stock valued at $185,000 after purchasing an additional 30 shares in the last quarter. Finally, Family Capital Trust Co purchased a new stake in shares of Microsoft in the 4th quarter valued at $188,000. 73.19% of the stock is owned by institutional investors and hedge funds.

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Microsoft Company Profile

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.

The Fly

Analyst Recommendations for Microsoft (NASDAQ:MSFT)

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