Microsoft (NASDAQ:MSFT) is set to announce its earnings results after the market closes on Thursday, July 18th. Analysts expect the company to announce earnings of $1.21 per share for the quarter.
Microsoft (NASDAQ:MSFT) last released its earnings results on Wednesday, April 24th. The software giant reported $1.14 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.14. The business had revenue of $30.57 billion for the quarter, compared to the consensus estimate of $29.86 billion. Microsoft had a return on equity of 39.34% and a net margin of 28.58%. The business’s quarterly revenue was up 14.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.95 earnings per share. On average, analysts expect Microsoft to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.
NASDAQ MSFT opened at $137.08 on Wednesday. The stock has a market capitalization of $1,064.37 billion, a P/E ratio of 35.33, a PEG ratio of 2.50 and a beta of 1.21. The firm has a 50 day moving average price of $133.08. Microsoft has a 1-year low of $93.96 and a 1-year high of $139.54. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.93 and a current ratio of 2.97.
MSFT has been the topic of a number of analyst reports. Oppenheimer lifted their price objective on Chipotle Mexican Grill from $400.00 to $525.00 and gave the stock an “underperform” rating in a research report on Thursday, April 25th. Credit Suisse Group reiterated a “buy” rating and set a $58.00 price objective on shares of Total in a research report on Monday. Stifel Nicolaus reiterated a “buy” rating and set a $2,300.00 price objective on shares of Amazon.com in a research report on Monday, April 22nd. JPMorgan Chase & Co. reiterated a “hold” rating and set a $7.00 price objective on shares of Deutsche Bank in a research report on Thursday, April 25th. Finally, Piper Jaffray Companies reiterated an “overweight” rating and set a $760.00 price objective (up previously from $755.00) on shares of Chipotle Mexican Grill in a research report on Thursday, April 25th. One analyst has rated the stock with a sell rating, three have given a hold rating, twenty-six have assigned a buy rating and three have given a strong buy rating to the company. The company has an average rating of “Buy” and an average target price of $138.34.
In other Microsoft news, President Bradford L. Smith sold 192,300 shares of Microsoft stock in a transaction on Tuesday, April 30th. The stock was sold at an average price of $130.34, for a total value of $25,064,382.00. Following the sale, the president now owns 754,442 shares in the company, valued at $98,333,970.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Kathleen T. Hogan sold 15,947 shares of Microsoft stock in a transaction on Monday, June 10th. The shares were sold at an average price of $133.17, for a total value of $2,123,661.99. Following the completion of the sale, the executive vice president now owns 202,518 shares in the company, valued at approximately $26,969,322.06. The disclosure for this sale can be found here. Insiders sold 216,247 shares of company stock worth $28,204,754 in the last 90 days. Company insiders own 1.38% of the company’s stock.
Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its company's Productivity and Business Processes segment offers Office 365 commercial products and services, such as Office, Exchange, SharePoint, Skype for Business, Microsoft Teams, and related Client Access Licenses (CALs); Office 365 consumer services, including Skype, Outlook.com, and OneDrive; LinkedIn online professional network; and Dynamics business solutions comprising financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and medium businesses, large organizations, and divisions of enterprises.
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