During the recent session, Microsoft Corporation (NASDAQ:MSFT)’s traded shares were 2.96 million, with the beta value of the company hitting 0.90. At the last check today, the stock’s price was $445.16, reflecting an intraday loss of -0.35% or -$1.55. The 52-week high for the MSFT share is $468.35, that puts it down -5.21 from that peak though still a striking 13.38% gain since the share price plummeted to a 52-week low of $385.58. The company’s market capitalization is $3309.71B, and the average intraday trading volume over the past 10 days was 20.32 million shares, and the average trade volume was 21.38 million shares over the past three months.
Microsoft Corporation (MSFT) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.25. MSFT has a Sell rating from 2 analyst(s) out of 40 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 34 recommend a Buy rating for it. 1 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 3.11.
Microsoft Corporation (NASDAQ:MSFT) trade information
Microsoft Corporation (MSFT) registered a -0.35% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.35% in intraday trading to $445.16, hitting a weekly high. The stock’s 5-day price performance is 4.85%, and it has moved by 1.96% in 30 days. Based on these gigs, the overall price performance for the year is 11.60%. The short interest in Microsoft Corporation (NASDAQ:MSFT) is 62.18 million shares and it means that shorts have 2.97 day(s) to cover.
The consensus price target of analysts on Wall Street is $497, which implies an increase of 10.43% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $425 and $600 respectively. As a result, MSFT is trading at a discount of -34.78% off the target high and 4.53% off the low.
Microsoft Corporation (MSFT) estimates and forecasts
Statistics show that Microsoft Corporation has underperformed its competitors in share price, compared to the industry in which it operates. Microsoft Corporation (MSFT) shares have gone up 3.79% during the last six months, with a year-to-date growth rate less than the industry average at 9.32% against 17.40. In the rating firms’ projections, revenue will increase 13.61% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 68.82B as predicted by 35 analyst(s). Meanwhile, a consensus of 33 analyst(s) estimates revenue growth to 69.81B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 62.02B and 61.86B respectively. In this case, analysts expect current quarter sales to grow by 10.96% and then jump by 12.85% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 18.45%. While earnings are projected to return 10.73% in 2025, the next five years will return 13.74% per annum.
MSFT Dividends
Microsoft Corporation is due to release its next quarterly earnings in February. 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 3.08, with the dividend yield indicating at 0.69 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 0.86%.
Microsoft Corporation (NASDAQ:MSFT)’s Major holders
Microsoft Corporation insiders own 0.06% of total outstanding shares while institutional holders control 73.69%, with the float percentage being 73.73%. VANGUARD GROUP INC is the largest shareholder of the company, while 7009.0 institutions own stock in it. As of 2024-06-30, the company held over 675.91 million shares (or 9.0958% of all shares), a total value of $302.1 billion in shares.
The next largest institutional holding, with 553.98 million shares, is of BLACKROCK INC.’s that is approximately 7.4549% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $247.6 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 Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 235.61 shares. This amounts to just over 3.17 percent of the company’s overall shares, with a $104.65 billion market value. The same data shows that the other fund manager holds slightly less at 194.67, or about 2.62% of the stock, which is worth about $86.47 billion.
