Microsoft Co. (MSFT) Receives $106.15 Consensus Target Price from Brokerages

Shares of Microsoft Co. (NASDAQ:MSFT) have received a consensus recommendation of “Buy” from the thirty-nine ratings firms that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation, twenty-eight have assigned a buy recommendation and three have issued a strong buy recommendation on the company. The average 1-year target price among brokerages that have covered the stock in the last year is $113.84.

A number of research analysts have weighed in on MSFT shares. Credit Suisse Group set a $115.00 target price on Microsoft and gave the company a “buy” rating in a report on Tuesday, April 24th. UBS Group set a $114.00 target price on Microsoft and gave the company a “buy” rating in a report on Friday, April 27th. BidaskClub lowered Microsoft from a “strong-buy” rating to a “buy” rating in a report on Tuesday, June 26th. Stifel Nicolaus lifted their target price on Microsoft from $107.00 to $118.00 and gave the company a “buy” rating in a report on Friday. Finally, Sanford C. Bernstein set a $135.00 target price on Microsoft and gave the company a “buy” rating in a report on Friday.

MSFT traded up $2.09 during trading hours on Friday, hitting $106.49. The stock had a trading volume of 3,365,353 shares, compared to its average volume of 23,311,052. Microsoft has a 1 year low of $71.28 and a 1 year high of $106.50. The firm has a market cap of $809.40 billion, a P/E ratio of 32.45, a price-to-earnings-growth ratio of 2.36 and a beta of 1.04. The company has a debt-to-equity ratio of 1.00, a quick ratio of 3.35 and a current ratio of 3.40.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Thursday, July 19th. The software giant reported $1.13 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.05. Microsoft had a return on equity of 36.49% and a net margin of 13.72%. The company had revenue of $30.09 billion during the quarter, compared to analyst estimates of $29.23 billion. During the same quarter last year, the firm posted $0.75 EPS. The firm’s revenue for the quarter was up 17.5% on a year-over-year basis. research analysts predict that Microsoft will post 3.84 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 13th. Stockholders of record on Thursday, August 16th will be given a dividend of $0.42 per share. The ex-dividend date is Wednesday, August 15th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.58%. Microsoft’s dividend payout ratio (DPR) is presently 50.76%.

In other news, Director Sandra E. Peterson bought 5,400 shares of the company’s stock in a transaction that occurred on Tuesday, June 5th. The stock was bought at an average price of $101.96 per share, for a total transaction of $550,584.00. Following the transaction, the director now directly owns 5,400 shares of the company’s stock, valued at approximately $550,584. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Christopher C. Capossela sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, June 7th. The stock was sold at an average price of $100.99, for a total value of $1,009,900.00. Following the completion of the sale, the executive vice president now owns 158,601 shares of the company’s stock, valued at approximately $16,017,114.99. The disclosure for this sale can be found here. Company insiders own 1.49% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in the stock. Jag Capital Management LLC lifted its position in Microsoft by 5.6% in the 2nd quarter. Jag Capital Management LLC now owns 191,648 shares of the software giant’s stock worth $18,899,000 after buying an additional 10,090 shares during the last quarter. RNC Capital Management LLC lifted its position in Microsoft by 2.1% in the 2nd quarter. RNC Capital Management LLC now owns 547,696 shares of the software giant’s stock worth $54,008,000 after buying an additional 11,280 shares during the last quarter. North Star Investment Management Corp. lifted its position in Microsoft by 3.7% in the 2nd quarter. North Star Investment Management Corp. now owns 126,590 shares of the software giant’s stock worth $12,483,000 after buying an additional 4,480 shares during the last quarter. First Command Bank lifted its position in Microsoft by 46.3% in the 2nd quarter. First Command Bank now owns 16,540 shares of the software giant’s stock worth $1,632,000 after buying an additional 5,231 shares during the last quarter. Finally, Cornerstone Wealth Management LLC lifted its position in Microsoft by 10,330.4% in the 2nd quarter. Cornerstone Wealth Management LLC now owns 3,661,393 shares of the software giant’s stock worth $36,609,000 after buying an additional 3,626,290 shares during the last quarter. Institutional investors own 72.36% of the company’s stock.

Microsoft Company Profile

Microsoft Corporation develops, licenses, and supports software products, services, and devices worldwide. The company's Productivity and Business Processes segment offers Office 365 commercial products and services for businesses, including Office, Exchange, SharePoint, Skype for Business, and related Client Access Licenses (CALs); Office 365 consumer services, such as Skype, Outlook.com, and OneDrive; Dynamics business solutions, such as financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and mid-size businesses, large organizations, and divisions of enterprises; and LinkedIn online professional network.

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Analyst Recommendations for Microsoft (NASDAQ:MSFT)

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