Microsoft (NASDAQ:MSFT) PT Set at $145.00 by Credit Suisse Group

Microsoft (NASDAQ:MSFT) has been given a $145.00 target price by research analysts at Credit Suisse Group in a report issued on Monday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the software giant’s stock. Credit Suisse Group’s target price would indicate a potential upside of 5.78% from the company’s previous close.

MSFT has been the topic of a number of other reports. KeyCorp restated a “buy” rating and set a $143.00 target price on shares of Microsoft in a research report on Tuesday, June 11th. Goldman Sachs Group set a $131.00 target price on Microsoft and gave the company a “buy” rating in a research report on Wednesday, April 24th. Nomura raised their target price on Visa from $175.00 to $178.00 and gave the company a “buy” rating in a research report on Thursday, April 25th. BMO Capital Markets upgraded Gold Fields from a “market perform” rating to an “outperform” rating in a research report on Thursday, April 25th. Finally, Raymond James cut Consolidated Communications to a “market perform” rating in a research report on Thursday, April 25th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, twenty-six have assigned a buy rating and three have given a strong buy rating to the company. Microsoft presently has an average rating of “Buy” and an average price target of $138.34.

Shares of MSFT opened at $137.08 on Monday. The stock’s 50-day moving average is $133.08. The firm has a market cap of $1,064.37 billion, a P/E ratio of 35.33, a P/E/G ratio of 2.50 and a beta of 1.21. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.97 and a quick ratio of 2.93. Microsoft has a fifty-two week low of $93.96 and a fifty-two week high of $139.54.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Wednesday, April 24th. The software giant reported $1.14 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.14. The company 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 firm’s revenue for the quarter was up 14.0% compared to the same quarter last year. During the same period last year, the firm earned $0.95 EPS. As a group, analysts predict that Microsoft will post 4.59 earnings per share for the current fiscal year.

In related news, EVP Christopher C. Capossela sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $126.02, for a total value of $630,100.00. Following the transaction, the executive vice president now directly owns 144,934 shares of the company’s stock, valued at approximately $18,264,582.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, President Bradford L. Smith sold 192,300 shares of the firm’s stock in a transaction dated Tuesday, April 30th. The shares were sold at an average price of $130.34, for a total transaction of $25,064,382.00. Following the completion of the transaction, the president now directly owns 754,442 shares in the company, valued at $98,333,970.28. The disclosure for this sale can be found here. Insiders sold a total of 216,247 shares of company stock worth $28,204,754 over the last ninety days. 1.38% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently modified their holdings of MSFT. Highwater Wealth Management LLC purchased a new position in Microsoft in the 4th quarter worth approximately $27,000. Quantamental Technologies LLC purchased a new position in Microsoft in the 4th quarter worth approximately $26,000. Mackey Komara & Dankovich LLC purchased a new position in Microsoft in the 4th quarter worth approximately $30,000. Ayalon Holdings Ltd. purchased a new position in Microsoft in the 4th quarter worth approximately $41,000. Finally, Contravisory Investment Management Inc. lifted its stake in Microsoft by 113.1% in the 4th quarter. Contravisory Investment Management Inc. now owns 537 shares of the software giant’s stock worth $55,000 after purchasing an additional 285 shares in the last quarter. 72.05% of the stock is currently owned by hedge funds and other institutional investors.

Microsoft Company Profile

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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