In last trading session, Microsoft Corporation (NASDAQ:MSFT) saw 17.37 million shares changing hands with its beta currently measuring 0.89. Company’s recent per share price level of $397.84 trading at $2.9 or 0.73% at ring of the bell on the day assigns it a market valuation of $2956.87B. That closing price of MSFT’s stock is at a discount of -8.29% from its 52-week high price of $430.82 and is indicating a premium of 23.74% from its 52-week low price of $303.40. Taking a look at company’s average trading volume volume of 21.04 million if we extend that period to 3-months.
Microsoft Corporation (NASDAQ:MSFT) trade information
Upright in the green during last session for gaining 0.73%, in the last five days MSFT remained trading in the red while hitting it’s week-highest on Friday, 04/26/24 when the stock touched $397.84 price level, adding 3.67% to its value on the day. Microsoft Corporation’s shares saw a change of 5.80% in year-to-date performance and have moved -0.30% in past 5-day. Microsoft Corporation (NASDAQ:MSFT) showed a performance of -5.38% in past 30-days.
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 17.67% of value to its shares in past 6 months, showing an annual growth rate of 19.88% while that of industry is 14.90. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 15.60% from the last financial year’s standing.
31 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 64.35B for the same. And 25 analysts are in estimates of company making revenue of 65.27B in the next quarter. Company posted 56.19B and 49.66B of sales in current and next quarters respectively a year earlier.
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 35.37% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 20.25% while estimates for its earnings growth in next 5 years are of 16.05%.
MSFT Dividends
Microsoft Corporation is more likely to be releasing its next quarterly report in June 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.
