During the recent session, Microsoft Corporation (NASDAQ:MSFT)’s traded shares were 5.96 million, with the beta value of the company hitting 0.94. At the last check today, the stock’s price was $256.68, reflecting an intraday gain of 1.40% or $3.55. The 52-week high for the MSFT share is $349.67, that puts it down -36.23 from that peak though still a striking 5.91% gain since the share price plummeted to a 52-week low of $241.51. The company’s market capitalization is $1872.68B, and the average trade volume was 32.10 million shares over the past three months.
Microsoft Corporation (MSFT) received a consensus recommendation of a Buy from analysts. That translates to a mean rating of 1.70. MSFT has a Sell rating from 0 analyst(s) out of 43 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 6 suggest Overweight, and 35 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $2.33.
Microsoft Corporation (NASDAQ:MSFT) trade information
Microsoft Corporation (MSFT) registered a 1.40% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.40% in intraday trading to $256.68 this Wednesday, 06/22/22, hitting a weekly high. The stock’s 5-day price performance is 3.53%, and it has moved by 0.23% in 30 days. Based on these gigs, the overall price performance for the year is -4.66%.
The consensus price target of analysts on Wall Street is $353.56, which implies an increase of 27.4% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $298.18 and $410.00 respectively. As a result, MSFT is trading at a discount of -59.73% off the target high and -16.17% off the low.
Microsoft Corporation (MSFT) estimates and forecasts
Statistics show that Microsoft Corporation has outperformed its competitors in share price, compared to the industry in which it operates. Microsoft Corporation (MSFT) shares have gone down -20.87% during the last six months, with a year-to-date growth rate more than the industry average at 16.44% against -2.50. Yet analysts are ramping up their growth forecast for the fiscal year 2022. Revenue is predicted to grow 7.40% this quarter and then jump 10.60% in the quarter after that. In the rating firms’ projections, revenue will increase 18.50% compared to the previous financial year.
Revenue for the current quarter is expected to be $52.87 billion as predicted by 28 analyst(s). Meanwhile, a consensus of 24 analyst(s) estimates revenue growth to $51.97 billion by the end of Sep 2022.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 25.70%. While earnings are projected to return 39.70% in 2022, the next five years will return 16.11% per annum.
Microsoft Corporation is due to release its next quarterly earnings between April 25 and April 29. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Microsoft Corporation is 2.48, with the dividend yield indicating at 0.98 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 1.30%.
Microsoft Corporation (NASDAQ:MSFT)’s Major holders
Microsoft Corporation insiders own 0.07% of total outstanding shares while institutional holders control 72.10%, with the float percentage being 72.15%. Vanguard Group, Inc. (The) is the largest shareholder of the company, while 5,909 institutions own stock in it. As of Dec 30, 2021, the company held over 615.95 million shares (or 8.24% of all shares), a total value of $207.16 billion in shares.
The next largest institutional holding, with 523.75 million shares, is of Blackrock Inc.’s that is approximately 7.00% of outstanding shares. At the market price on Mar 30, 2022, these shares were valued at $161.48 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Microsoft Corporation (MSFT) shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. Data provided on Dec 30, 2021 indicates that Vanguard Total Stock Market Index Fund owns about 213.37 million shares. This amounts to just over 2.85 percent of the company’s overall shares, with a $71.76 billion market value. The same data shows that the other fund manager holds slightly less at 159.0 million, or about 2.13% of the stock, which is worth about $53.47 billion.