Microsoft (MSFT) Rating Reiterated by Macquarie

Microsoft (NASDAQ:MSFT)‘s stock had its “neutral” rating reaffirmed by Macquarie in a report issued on Wednesday. They currently have a $100.00 target price on the software giant’s stock. Macquarie’s target price suggests a potential downside of 1.40% from the stock’s previous close.

Other equities research analysts have also issued reports about the company. TheStreet raised Microsoft from a “c+” rating to an “a-” rating in a research note on Thursday, April 26th. Tigress Financial reaffirmed a “buy” rating on shares of Microsoft in a research note on Wednesday, February 14th. Vetr lowered Microsoft from a “strong-buy” rating to a “buy” rating and set a $101.89 price objective for the company. in a research note on Monday, April 2nd. William Blair reaffirmed a “buy” rating on shares of Microsoft in a research note on Wednesday, March 21st. Finally, Deutsche Bank set a $120.00 price objective on Microsoft and gave the company a “buy” rating in a research note on Monday, March 12th. One research analyst has rated the stock with a sell rating, six have given a hold rating, thirty-one have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $104.70.

Shares of Microsoft stock opened at $101.42 on Wednesday. Microsoft has a 12 month low of $68.02 and a 12 month high of $102.69. The company has a market cap of $776.52 billion, a P/E ratio of 30.64, a PEG ratio of 2.20 and a beta of 1.04. The company has a debt-to-equity ratio of 1.00, a current ratio of 3.40 and a quick ratio of 3.35.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Thursday, April 26th. The software giant reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.10. The company had revenue of $26.82 billion during the quarter, compared to analyst estimates of $25.78 billion. Microsoft had a return on equity of 36.49% and a net margin of 13.72%. The firm’s revenue was up 15.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.73 earnings per share. research analysts predict that Microsoft will post 3.84 earnings per share for the current year.

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

Several large investors have recently made changes to their positions in the company. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Microsoft in the 4th quarter worth $103,000. Cerebellum GP LLC acquired a new stake in shares of Microsoft in the 4th quarter worth $134,000. Spectrum Financial Alliance Ltd LLC acquired a new stake in shares of Microsoft in the 1st quarter worth $147,000. Ballew Advisors Inc acquired a new stake in shares of Microsoft in the 1st quarter worth $164,000. Finally, Family Capital Trust Co acquired a new stake in shares of Microsoft in the 4th quarter worth $188,000. Institutional investors and hedge funds own 72.39% of the company’s stock.

About Microsoft

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.

Analyst Recommendations for Microsoft (NASDAQ:MSFT)

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