Microsoft (MSFT) Receiving Somewhat Favorable News Coverage, InfoTrie Reports
Media coverage about Microsoft (NASDAQ:MSFT) has trended somewhat positive on Thursday, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Microsoft earned a daily sentiment score of 2.00 on their scale. InfoTrie also gave news stories about the software giant an news buzz score of 5 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company’s share price in the immediate future.
These are some of the headlines that may have impacted Microsoft’s score:
- Zacks: Analysts Expect Microsoft Co. (MSFT) Will Announce Earnings of $1.21 Per Share (americanbankingnews.com)
- Microsoft treads cautiously as it plans to deploy $500M affordable housing fund in Seattle region – GeekWire (geekwire.com)
- The Christchurch Call and steps to tackle terrorist and violent extremist content – Microsoft on the Issues – Microsoft (blogs.microsoft.com)
- Amazon and Best Buy are discounting the Microsoft Surface Pro 6 by up to $250 right now – Business Insider (businessinsider.com)
- Microsoft Just Updated MS Paint With New Features – How-To Geek (howtogeek.com)
A number of analysts have recently issued reports on the company. Credit Suisse Group set a $125.00 target price on Microsoft and gave the stock a “buy” rating in a report on Sunday, January 27th. Goldman Sachs Group restated a “buy” rating and issued a $131.00 price target on shares of Microsoft in a report on Thursday, April 18th. UBS Group set a $125.00 price target on Microsoft and gave the stock a “buy” rating in a report on Thursday, January 31st. Nomura decreased their price target on Microsoft from $115.00 to $113.00 and set a “buy” rating for the company in a report on Thursday, January 31st. Finally, Deutsche Bank upped their price target on Microsoft from $130.00 to $145.00 and gave the stock a “buy” rating in a report on Thursday, April 25th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, twenty-five have given a buy rating and three have given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $135.75.
Microsoft (NASDAQ:MSFT) last announced its earnings results on Wednesday, April 24th. The software giant reported $1.14 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.00 by $0.14. Microsoft had a return on equity of 39.34% and a net margin of 28.58%. The company had revenue of $30.57 billion for the quarter, compared to analyst estimates of $29.86 billion. During the same period in the prior year, the company posted $0.95 EPS. Microsoft’s quarterly revenue was up 14.0% on a year-over-year basis. Sell-side analysts expect that Microsoft will post 4.58 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Wednesday, May 15th will be given a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date of this dividend is Wednesday, May 15th. Microsoft’s payout ratio is 47.42%.
In other Microsoft news, insider Jean Philippe Courtois sold 28,147 shares of the company’s stock in a transaction that occurred on Friday, February 15th. The stock was sold at an average price of $108.14, for a total value of $3,043,816.58. Following the transaction, the insider now directly owns 497,162 shares of the company’s stock, valued at approximately $53,763,098.68. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Satya Nadella sold 15,334 shares of the company’s stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $112.31, for a total value of $1,722,161.54. Following the completion of the transaction, the chief executive officer now directly owns 1,104,932 shares in the company, valued at $124,094,912.92. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 266,501 shares of company stock worth $33,384,037. 1.38% of the stock is currently owned by corporate insiders.
Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its company's Productivity and Business Processes segment offers Office 365 commercial products and services, such as Office, Exchange, SharePoint, Skype for Business, Microsoft Teams, and related Client Access Licenses (CALs); Office 365 consumer services, including Skype, Outlook.com, and OneDrive; LinkedIn online professional network; and Dynamics business solutions comprising financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and medium businesses, large organizations, and divisions of enterprises.
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