Microsoft Co. (NASDAQ:MSFT) Given Average Rating of “Buy” by Analysts

Shares of Microsoft Co. (NASDAQ:MSFTGet Rating) have been given a consensus recommendation of “Buy” by the thirty-three research firms that are presently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $356.37.

Several equities research analysts recently weighed in on MSFT shares. Tigress Financial upped their price objective on shares of Microsoft from $366.00 to $411.00 and gave the stock a “buy” rating in a report on Friday, February 4th. Credit Suisse Group set a $400.00 price target on shares of Microsoft in a report on Monday, April 25th. William Blair reissued an “outperform” rating on shares of Microsoft in a report on Wednesday, April 27th. Evercore ISI cut their price target on shares of Microsoft from $370.00 to $330.00 and set an “inline” rating for the company in a report on Wednesday, April 27th. Finally, Mizuho cut their price target on shares of Microsoft from $360.00 to $350.00 in a report on Tuesday, January 18th.

A number of hedge funds have recently made changes to their positions in MSFT. Norges Bank acquired a new position in Microsoft during the fourth quarter valued at approximately $24,401,940,000. Aaron Wealth Advisors LLC grew its holdings in Microsoft by 35,465.9% during the first quarter. Aaron Wealth Advisors LLC now owns 20,611,140 shares of the software giant’s stock valued at $66,852,000 after purchasing an additional 20,553,188 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new position in Microsoft during the fourth quarter valued at approximately $2,952,329,000. State Street Corp grew its holdings in Microsoft by 2.8% during the fourth quarter. State Street Corp now owns 302,541,869 shares of the software giant’s stock valued at $101,750,881,000 after purchasing an additional 8,108,943 shares during the last quarter. Finally, MFA Wealth Advisors LLC grew its holdings in Microsoft by 25,253.5% during the third quarter. MFA Wealth Advisors LLC now owns 7,462,051 shares of the software giant’s stock valued at $7,924,000 after purchasing an additional 7,432,619 shares during the last quarter. Institutional investors own 69.99% of the company’s stock.

Shares of MSFT stock opened at $261.12 on Friday. Microsoft has a 1 year low of $238.60 and a 1 year high of $349.67. The stock has a fifty day moving average of $288.37 and a two-hundred day moving average of $308.03. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.95 and a current ratio of 1.99. The firm has a market capitalization of $1.95 trillion, a PE ratio of 27.26, a price-to-earnings-growth ratio of 2.21 and a beta of 0.94.

Microsoft (NASDAQ:MSFTGet Rating) last posted its quarterly earnings data on Tuesday, April 26th. The software giant reported $2.22 earnings per share for the quarter, topping the consensus estimate of $2.18 by $0.04. The business had revenue of $49.36 billion during the quarter, compared to the consensus estimate of $49.05 billion. Microsoft had a net margin of 37.63% and a return on equity of 44.85%. The company’s quarterly revenue was up 18.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.95 earnings per share. Equities research analysts predict that Microsoft will post 9.32 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 9th. Investors of record on Thursday, May 19th will be issued a $0.62 dividend. The ex-dividend date is Wednesday, May 18th. This represents a $2.48 dividend on an annualized basis and a yield of 0.95%. Microsoft’s dividend payout ratio is currently 25.89%.

About Microsoft (Get Rating)

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, as well as related Client Access Licenses (CAL); Skype, Outlook.com, OneDrive, and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions for organizations and enterprise divisions.

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Analyst Recommendations for Microsoft (NASDAQ:MSFT)

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