In recent trading session, Microsoft Corporation (NASDAQ:MSFT) saw 13.24 million shares changing hands at last check today with its beta currently measuring 0.88. Company’s recent per share price level of $307.69 trading at $2.89 or 0.95% at last check today assigns it a market valuation of $2287.27B. That most recent trading price of MSFT’s stock is at a discount of -13.64% from its 52-week high price of $349.67 and is indicating a premium of 31.09% from its 52-week low price of $212.03. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 34.52 million shares which gives us an average trading volume of 27.60 million if we extend that period to 3-months.
For Microsoft Corporation (MSFT), analysts’ consensus is at an average recommendation of a Buy while assigning it a mean rating of 1.60. Splitting up the data highlights that, out of 41 analysts covering the stock, 0 rated the stock as a Sell while 4 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 33 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $2.31 in the current quarter.
Microsoft Corporation (NASDAQ:MSFT) trade information
Upright in the green today for gaining 0.95%, in the last five days MSFT remained trading in the red while hitting it’s week-highest on Wednesday, 01/12/22 when the stock touched $307.69 price level, adding 4.86% to its value on the day. Microsoft Corporation’s shares saw a change of -9.37% in year-to-date performance and have moved -2.89% in past 5-day. Microsoft Corporation (NASDAQ:MSFT) showed a performance of -7.17% in past 30-days. Number of shares sold short was 42.98 million shares which calculate 1.48 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $372.12 to the stock, which implies a rise of 17.31% to its recent value today. Analysts have been projecting $294.00 as a low price target for the stock while placing it at a high target of $440.00. It follows that stock’s current price would drop -43.0% in reaching the projected high whereas dropping to the targeted low would mean a gain of 4.45% 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 8.57% of value to its shares in past 6 months, showing an annual growth rate of 14.55% while that of industry is 4.60. Apart from that, the company came raising its revenue forecast for fiscal year 2022. The company is estimating its revenue growth to increase by 13.80% in the current quarter and calculating 6.90% increase in the next quarter. This year revenue growth is estimated to rise 17.20% from the last financial year’s standing.
28 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $50.84 billion for the same. And 28 analysts are in estimates of company making revenue of $48.23 billion in the next quarter that will end on Mar 2022.
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 25.70% during past 5 years. In 2022, company’s earnings growth rate is likely to be around 39.70% while estimates for its earnings growth in next 5 years are of 16.53%.
Microsoft Corporation is more likely to be releasing its next quarterly report between January 24 and January 28 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 0.81%, the share has a forward dividend of 2.48 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 1.39%.
Microsoft Corporation (NASDAQ:MSFT)’s Major holders
Insiders are in possession of 0.06% of company’s total shares while institution are holding 71.77 percent of that, with stock having share float percentage of 71.82%. Investors also watch the number of corporate investors in a company very closely, which is 71.77% 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 613.78 million shares of worth $173.04 billion. And as of Sep 29, 2021, it was holding 8.18% of the company’s outstanding shares.
The second largest institutional holder is Blackrock Inc., which was holding about 507.12 million shares on Sep 29, 2021. The number of shares represents firm’s hold over 6.75% of outstanding shares, having a total worth of $142.97 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 Sep 29, 2021, the former fund manager was holding 212.38 million shares of worth $59.87 billion or 2.83% of the total outstanding shares. The later fund manager was in possession of 157.81 million shares on Sep 29, 2021, making its stake of worth around $44.49 billion in the company or a holder of 2.10% of company’s stock.