Microsoft Corporation (MSFT) shares projected to rise by -6.01%

A share price of Microsoft Corporation [MSFT] is currently trading at $414.58, up 0.23%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The MSFT shares have lost -2.74% over the last week, with a monthly amount drifted -0.44%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Microsoft Corporation [NASDAQ: MSFT] stock has seen the most recent analyst activity on April 12, 2024, when BMO Capital Markets reiterated its Outperform rating and also boosted its price target to $465 from $455. Previously, Morgan Stanley reaffirmed its Overweight rating on April 11, 2024, and elevated its price target to $520. On March 21, 2024, KeyBanc Capital Markets initiated with a Overweight rating and assigned a price target of $490 on the stock. Exane BNP Paribas upgraded its rating to a Outperform but stick to its price target of $471 on January 18, 2024. Truist initiated its recommendation with a Buy. China Renaissance started tracking with a Buy rating for this stock on December 05, 2023, and assigned it a price target of $466. In a note dated October 26, 2023, HSBC Securities upgraded an Buy rating on this stock and boosted its target price from $347 to $413.

Microsoft Corporation experienced fluctuations in its stock price throughout the past year between $275.37 and $430.82. Currently, Wall Street analysts expect the stock to reach $389.66 within the next 12 months. Microsoft Corporation [NASDAQ: MSFT] shares were valued at $414.58 at the most recent close of the market. An investor can expect a potential drop of -6.01% 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 0.29. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.31.

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 412.74 points at the first support level, and at 410.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 417.41, and for the 2nd resistance point, it is at 420.24.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Microsoft Corporation [NASDAQ:MSFT] is 1.22. Further, the Quick Ratio stands at 1.20, while the Cash Ratio is 0.14. Considering the valuation of this stock, the price to sales ratio is 13.54, the price to book ratio is 12.93 and price to earnings (TTM) ratio is 37.50.

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.

Related Posts