A share price of Microsoft Corporation [MSFT] is currently trading at $417.32, up 0.22%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MSFT shares have gain 3.16% over the last week, with a monthly amount glided 2.65%, and seem to be holding up well over a long-time horizon.
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On 18, March 2024, Microsoft and NVIDIA announce major integrations to accelerate generative AI for enterprises everywhere. In a post published today on Yahoo Finance, Microsoft Azure to adopt NVIDIA Grace Blackwell Superchip to accelerate customer and first-party AI offerings.
From an analyst’s perspective:
Microsoft Corporation [NASDAQ: MSFT] stock has seen the most recent analyst activity on January 18, 2024, when Exane BNP Paribas upgraded its rating to a Outperform but kept the price target unchanged to $471 for it. On December 05, 2023, China Renaissance initiated with a Buy rating and assigned a price target of $466 on the stock. HSBC Securities upgraded its rating to a Buy and increased its price target to $413 on October 26, 2023. Loop Capital initiated its recommendation with a Buy and recommended $425 as its price target on October 17, 2023. Guggenheim upgraded its rating to Neutral for this stock on September 25, 2023. In a note dated September 15, 2023, HSBC Securities initiated an Hold rating and provided a target price of $347 on this stock.
Microsoft Corporation experienced fluctuations in its stock price throughout the past year between $263.28 and $427.82. Currently, Wall Street analysts expect the stock to reach $360.13 within the next 12 months. Microsoft Corporation [NASDAQ: MSFT] shares were valued at $417.32 at the most recent close of the market. An investor can expect a potential drop of -13.7% based on the average MSFT price forecast.
Analyzing the MSFT fundamentals
Trailing Twelve Months sales for Microsoft Corporation [NASDAQ:MSFT] were 227.58B which represents 17.58% growth. Gross Profit Margin for this corporation currently stands at 0.7% with Operating Profit Margin at 0.44%, Pretax Profit Margin comes in at 0.44%, and Net Profit Margin reading is 0.36%. To continue investigating profitability, this company’s Return on Assets is posted at 0.18, Equity is 0.38 and Total Capital is 0.28. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.31.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 413.82 points at the first support level, and at 410.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 420.77, and for the 2nd resistance point, it is at 424.23.
Microsoft Corporation [MSFT] reported earnings per share of $2.69 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $2.55/share, meaning a difference of $0.14 and a surprise factor of 5.50%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $2.73 per share as compared to estimates of $2.42 per share, a difference of $0.31 representing a surprise of 12.80%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Microsoft Corporation [NASDAQ:MSFT] is 1.22. As well, the Quick Ratio is 1.20, while the Cash Ratio is 0.14. Considering the valuation of this stock, the price to sales ratio is 13.63, the price to book ratio is 13.02 and price to earnings (TTM) ratio is 37.74.
Transactions by insiders
Recent insider trading involved Hogan Kathleen T, EVP, Chief Human Resources Off, that happened on Mar 11 ’24 when 21955.0 shares were sold. EVP, Chief Commercial Officer, Althoff Judson completed a deal on Mar 11 ’24 to sell 10000.0 shares. Meanwhile, Chief Executive Officer Nadella Satya sold 1276.0 shares on Mar 01 ’24.
