Griffin Securities Comments on Microsoft Co.’s FY2022 Earnings (NASDAQ:MSFT)

Microsoft Co. (NASDAQ:MSFTGet Rating) – Equities research analysts at Griffin Securities issued their FY2022 earnings estimates for shares of Microsoft in a report released on Wednesday, June 8th. Griffin Securities analyst J. Vleeschhouwer anticipates that the software giant will post earnings per share of $9.26 for the year. The consensus estimate for Microsoft’s current full-year earnings is $9.28 per share. Griffin Securities also issued estimates for Microsoft’s Q4 2022 earnings at $2.28 EPS.

MSFT has been the topic of several other reports. Royal Bank of Canada set a $380.00 target price on shares of Microsoft in a research report on Thursday, May 19th. Wolfe Research lifted their target price on shares of Microsoft from $330.00 to $350.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 27th. William Blair restated an “outperform” rating on shares of Microsoft in a report on Wednesday, April 27th. Fundamental Research lowered their price target on shares of Microsoft from $299.93 to $298.00 and set a “hold” rating for the company in a report on Tuesday, May 3rd. Finally, Jefferies Financial Group lowered their price target on shares of Microsoft from $400.00 to $325.00 in a report on Monday, May 23rd. One analyst has rated the stock with a hold rating and twenty-nine have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $354.61.

NASDAQ:MSFT opened at $252.99 on Monday. The firm’s 50 day simple moving average is $275.35 and its 200 day simple moving average is $298.59. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.99 and a quick ratio of 1.95. Microsoft has a one year low of $246.44 and a one year high of $349.67. The company has a market cap of $1.89 trillion, a PE ratio of 26.41, a P/E/G ratio of 2.28 and a beta of 0.94.

Microsoft (NASDAQ:MSFTGet Rating) last posted its quarterly earnings results on Tuesday, April 26th. The software giant reported $2.22 earnings per share for the quarter, beating analysts’ consensus estimates of $2.18 by $0.04. Microsoft had a net margin of 37.63% and a return on equity of 44.85%. The company had revenue of $49.36 billion for the quarter, compared to the consensus estimate of $49.05 billion. During the same period last year, the company posted $1.95 EPS. The firm’s quarterly revenue was up 18.4% compared to the same quarter last year.

A number of institutional investors and hedge funds have recently modified their holdings of the business. J.W. Cole Advisors Inc. boosted its stake in Microsoft by 7.9% in the first quarter. J.W. Cole Advisors Inc. now owns 92,914 shares of the software giant’s stock worth $28,646,000 after buying an additional 6,801 shares in the last quarter. Brasada Capital Management LP boosted its stake in shares of Microsoft by 2.3% during the first quarter. Brasada Capital Management LP now owns 70,653 shares of the software giant’s stock valued at $21,783,000 after purchasing an additional 1,584 shares during the period. American Trust lifted its stake in Microsoft by 28.9% in the first quarter. American Trust now owns 49,353 shares of the software giant’s stock worth $15,216,000 after acquiring an additional 11,060 shares during the period. Peachtree Investment Partners LLC lifted its stake in Microsoft by 1.6% in the first quarter. Peachtree Investment Partners LLC now owns 89,204 shares of the software giant’s stock worth $27,502,000 after acquiring an additional 1,392 shares during the period. Finally, Presidio Capital Management LLC lifted its stake in Microsoft by 7.8% in the first quarter. Presidio Capital Management LLC now owns 1,735 shares of the software giant’s stock worth $535,000 after acquiring an additional 126 shares during the period. 69.99% of the stock is owned by institutional investors and hedge funds.

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.

Featured Stories

Earnings History and Estimates for Microsoft (NASDAQ:MSFT)

Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.com's FREE daily email newsletter.