For Microsoft Corporation (MSFT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.7. Splitting up the data highlights that, out of 30 analysts covering the stock, none rated the stock as a Sell while 2 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 24 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $1.54 in the current quarter.
Microsoft Corporation (NASDAQ:MSFT) trade information
In the face of being in the red today for losing -1.35%, in the last five days MSFT remained trading in the green while hitting it’s week-highest on Tuesday, Oct 13 when the stock touched $225.21 price level, adding 3.44% to its value on the day. Microsoft Corporation’s shares saw a change of 37.9% in year-to-date performance and have moved 3.27% in past 5-day. Microsoft Corporation (NASDAQ:MSFT) showed a performance of 4.16% in past 30-days. Number of shares sold short was 39.63 Million shares which calculate 1.17 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $235.4 to the stock, which implies a rise of 8.04% to its current value. Analysts have been projecting $208 as a low price target for the stock while placing it at a high target of $260. It follows that stock’s current price would jump +19.33% in reaching the projected high whereas dropping to the targeted low would mean a loss of -4.53% for stock’s current value.
Microsoft Corporation (MSFT) estimates and forecasts
Statistics highlight that Microsoft Corporation is scoring comparatively higher than the scores of other players of the relevant industry. The company added +24.75% of value to its shares in past 6 months, showing an annual growth rate of 10.42% while that of industry is 0.8. Apart from that, the company came raising its revenue forecast for fiscal year 2020. The company is estimating its revenue growth to increase by 11.6% in the current quarter and calculating 6% increase in the next quarter. This year revenue growth is estimated to rise 9.7% from the last financial year’s standing.
25 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $35.72 Billion for the same. And 24 analysts are in estimates of company making revenue of $40.4 Billion in the next quarter that will end in December 01, 2020. Company posted $33.05 Billion and $36.91 Billion of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 8.1% while estimating it to be 9.5% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 31.3% during past 5 years. In 2020, company’s earnings growth rate is likely to be around 13.4% while estimates for its earnings growth in next 5 years are of 14.97%
Microsoft Corporation is more likely to be releasing its next quarterly report between October 27 and October 27, 2020, and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 1.01%, the share has a forward dividend of 2.24 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 1.8%.
Microsoft Corporation (NASDAQ:MSFT)’s Major holders
Insiders are in possession of 1.42% of company’s total shares while institution are holding 74.09% percent of that, with stock having share float percentage of 75.16%. Investors also watch the number of corporate investors in a company very closely, which is 4630 institutions for Microsoft Corporation that are currently holding shares of the company. Vanguard Group, Inc. (The) is the top institutional holder at MSFT for having 632.01 Million shares of worth $128.62 Billion. And as of June 29, 2020, it was holding 8.35% of the company’s outstanding shares.
The second largest institutional holder is Blackrock Inc., which was holding about 521.84 Million shares on June 29, 2020. The number of shares represents firm’s hold over 6.9% of outstanding shares, having a total worth of $106.2 Billion.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund are the top two Mutual Funds which own company’s shares. As of June 29, 2020, the former fund manager was holding 216000000 shares of worth $43.98 Billion or 2.86% of the total outstanding shares. The later fund manager was in possession of 157.34 Million shares on June 29, 2020, making its stake of worth around $32.02 Billion in the company or a holder of 2.08% of company’s stock.