Microsoft Corporation (NASDAQ:MSFT) traded at $416.32 at close of the session on current trade day and made an upward move of 0.12% on its previous day’s price.
Looking at the stock we see that its previous close was $415.84 and the beta (5Y monthly) reads 0.896 with the day’s price range being $413.27 – $417.1099. The company has a trailing 12-month PE ratio of 35.28. In terms of its 52-week price range, MSFT has a high of $468.35 and a low of $324.39. The company’s stock has lost about -2.50% over that past 30 days.
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Microsoft Corporation has a market cap of $3094.52 billion and is expected to release its quarterly earnings report in November. With its Forward Dividend at 3.00 and a yield of 0.72%, the company’s investors could be anxious for the MSFT stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of 3.09, with the EPS growth for the year raised at 13.07 for current year and 13.07 for next year.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 64.48B, with a low of 64.22B and a high of 65.2B. The median projection represents growth squeezing down to 29.90% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 278.95B, or 13.80% up from figures reported last year.
On the other hand, looking at the outlook for the MSFT stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Sell.
Based on estimates by 40 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 3 have rated the Microsoft Corporation (MSFT) stock as a Hold, while 34 rate it as a Buy. 0 analyst(s) rate it as overweight while 1 of them rated it as underweight, whereas 2 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the MSFT stock currently stands at 2.40, and the current price level is -2.04% off its SMA20 and -0.34% from its 50-day simple moving average. The RSI (14) is pointing at 44.92 while the volatility over the past week is 1.45% and jumps to 1.42% over the past one month. The beta value is 0.90, while the average true range (ATR) is currently pointing at 6.67. The average price target for the stock over the next 12 months is $475, with the estimates having a low of $232 and a high of $600. These price ends are 44.27% and -44.12% off the current price level respectively, although investors could be excited at the prospect of a -14.09% if the MSFT share price touches on the median price of $475.
Coming back to Microsoft Corporation (NASDAQ:MSFT), we note that the average 3-month trading volume was 20.01 million, while that of the preceding 10-day period stands at 16.84 million. Current shares outstanding are 7.43 billion.
The insiders hold 1.47% of the company’s shares while institutions hold 72.78%. The data shows that short shares as of 2024-09-30, stood at 59.53 million at a short ratio of 3.12. This represents a 80.00 short interest in shares outstanding on 2024-09-30. Shares short fall in September from the previous month at 65.8 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 10.71% up in year-to-date price movement.
