In recent trading session, Microsoft Corporation (NASDAQ:MSFT) saw 4.46 million shares changing hands at last check today with its beta currently measuring 0.90. Company’s recent per share price level of $420.31 trading at -$2.68 or -0.63% at last check today assigns it a market valuation of $3124.96B. That most recent trading price of MSFT’s stock is at a discount of -11.43% from its 52-week high price of $468.35 and is indicating a premium of 13.66% from its 52-week low price of $362.90. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 23.56 million shares which gives us an average trading volume of 20.00 million if we extend that period to 3-months.
For Microsoft Corporation (MSFT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.26. Splitting up the data highlights that, out of 40 analysts covering the stock, 2 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 34 see the stock as a Buy. 1 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 3.14 in the current quarter.
Microsoft Corporation (NASDAQ:MSFT) trade information
Upright in the red during last session for losing -0.63%, in the last five days MSFT remained trading in the green while hitting it’s week-highest on Tuesday, 11/26/24 when the stock touched $420.31 price level, adding 2.03% to its value on the day. Microsoft Corporation’s shares saw a change of 11.77% in year-to-date performance and have moved 1.80% in past 5-day. Microsoft Corporation (NASDAQ:MSFT) showed a performance of -2.83% in past 30-days. Number of shares sold short was 56.02 million shares which calculate 2.58 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 475 to the stock, which implies a rise of 11.51% to its recent value today. Analysts have been projecting 232 as a low price target for the stock while placing it at a high target of 600. It follows that stock’s current price would jump 44.8% in reaching the projected high whereas dropping to the targeted low would mean a gain of 44.8% for stock’s current value.
Microsoft Corporation (MSFT) estimates and forecasts
Statistics highlight that Microsoft Corporation is scoring comparatively lower than the scores of other players of the relevant industry. The company added 1.25% of value to its shares in past 6 months, showing an annual growth rate of 9.58% while that of industry is 17.10. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 13.70% from the last financial year’s standing.
34 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 68.91B for the same. And 32 analysts are in estimates of company making revenue of 69.95B in the next quarter. Company posted 62.02B and 61.86B 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 18.45% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 11.00% while estimates for its earnings growth in next 5 years are of 13.74%.
MSFT Dividends
Microsoft Corporation is more likely to be releasing its next quarterly report in December 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 0.73%, the share has a forward dividend of 3.08 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 0.88%.
Microsoft Corporation (NASDAQ:MSFT)’s Major holders
Insiders are in possession of 0.06% of company’s total shares while institution are holding 73.53 percent of that, with stock having share float percentage of 73.57%. Investors also watch the number of corporate investors in a company very closely, which is 73.53% institutions for Microsoft Corporation that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at MSFT for having 675.91 million shares of worth $302.1 billion. And as of 2024-06-30, it was holding 9.0958 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 553.98 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.4549 of outstanding shares, having a total worth of $247.6 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 Jun 30, 2024 , the former fund manager was holding 234.79 shares of worth $98.9 billion or 3.16% of the total outstanding shares. The later fund manager was in possession of 194.67 shares on Sep 30, 2024 , making its stake of worth around $82.0 billion in the company or a holder of 2.62% of company’s stock.
