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Why Microsoft Corporation (NASDAQ: MSFT) Is Worth A Spot On Your Watchlist

Microsoft Corporation (NASDAQ:MSFT)’s traded shares stood at 20.5 million during the latest session, with the company’s beta value hitting 0.91. At the last check today, the stock’s price was $282.83, to imply an increase of 2.40% or $6.63 in intraday trading. The MSFT share’s 52-week high remains $315.95, putting it -11.71% down since that peak but still an impressive 24.54% since price per share fell to its 52-week low of $213.43. The company has a valuation of $2086.83B, with an average of 31.64 million shares in intraday trading volume over the past 10 days and average of 30.91 million shares over the past 3 months.

Analysts have given a consensus recommendation of an Overweight for Microsoft Corporation (MSFT), translating to a mean rating of 1.90. Of 49 analyst(s) looking at the stock, 1 analyst(s) give MSFT a Sell rating. 7 of those analysts rate the stock as Overweight while 7 advise Hold as 34 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at $2.23.

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Microsoft Corporation (NASDAQ:MSFT) trade information

After registering a 2.40% upside in the latest session, Microsoft Corporation (MSFT) has traded red over the past five days. The stock hit a weekly high of 281.89 this Thursday, 03/16/23, jumping 2.40% in its intraday price action. The 5-day price performance for the stock is 13.77%, and 5.01% over 30 days. With these gigs, the year-to-date price performance is 17.93%. Short interest in Microsoft Corporation (NASDAQ:MSFT) saw shorts transact 34.3 million shares and set a 1.08 days time to cover.

Analysts on Wall Street suggest a consensus price target of $284.99, implying an increase of 0.76% to the stock’s recent value. The extremes give us $212.00 and $325.00 for target low and target high price respectively. As such, MSFT has been trading -14.91% off suggested target high and 25.04% from its likely low.

Microsoft Corporation (MSFT) estimates and forecasts

Looking at statistics comparing Microsoft Corporation share performance against respective industry, we note that the company has underperformed competitors. Microsoft Corporation (MSFT) shares are 15.26% up over the last 6 months, with its year-to-date growth rate lower than industry average at 1.41% against 7.40%. Revenue is forecast to grow 0.50% this quarter before jumping 10.80% for the next one. The rating firms project that company’s revenue will grow 5.40% compared to the previous financial year.

Revenue forecast for the current quarter as set by 35 analysts is $51.04 billion. Meanwhile, for the quarter ending Jun 2023, a total of 35 analyst(s) estimate revenue growth to $54.92 billion.Earnings reports from the last fiscal year show that sales brought in $49.36 billion and $51.87 billion respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 3.40% before jumping 5.90% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 24.30% for the past 5-year period. While 2023 is set for a 19.80% return in earnings, projections for the next 5 years are at 12.00% annually.

MSFT Dividends

Microsoft Corporation has its next earnings report out between April 24 and April 28. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Microsoft Corporation has a forward dividend ratio of 2.72, with the share yield ticking at 0.98% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

Microsoft Corporation (NASDAQ:MSFT)’s Major holders

Microsoft Corporation insiders hold 0.06% of total outstanding shares, with institutional holders owning 73.70% of the shares at 73.74% float percentage. In total, 73.70% institutions holds shares in the company, led by Vanguard Group, Inc. (The). As of Dec 30, 2022, the company held over 642.66 million shares (or 8.63% of shares), all amounting to roughly $180.59 billion.

The next major institution holding the largest number of shares is Blackrock Inc. with 532.04 million shares, or about 7.15% of shares outstanding. As of the market price on Dec 30, 2022, these shares were worth $149.5 billion.

We also have Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund as the top two Mutual Funds with the largest holdings of the Microsoft Corporation (MSFT) shares. Going by data provided on Sep 29, 2022, Vanguard Total Stock Market Index Fund holds roughly 222.31 million shares. This is just over 2.99% of the total shares, with a market valuation of $62.47 billion. Data from the same date shows that the other fund manager holds a little less at 169.06 million, or 2.27% of the shares, all valued at about 47.51 billion.

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