Microsoft Corporation (NASDAQ:MSFT) finished Thursday with an addition of $6.48 to close at $241.01, an upside of 2.76 percent. An average of 20,754,660 shares of common stock have been traded in the last five days. There was a fall of -$3.42 in the past week, and it reached a new high 1 time over the past 12 months. The last 20 days have seen an average of 28,471,275 shares traded, while the 50-day average volume stands at 30,093,004.
MSFT stock has increased by 0.28% in the last month. The company shares reached their 1-month lowest point of $233.87 on 12/22/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $213.43 and a high of $344.30 in 52 weeks. It has reached a new high 1 time so far this year and lost -28.34% or -$95.31 in price. In spite of this, the price is down -30.00% from the 52-week high.
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MSFT stock investors should be aware that Microsoft Corporation (MSFT) stock had its last reported insider trading activity 29 days ago on Dec 01. In this transaction, the insider spent $6,139,124. EVP, Chief Marketing Officer, Capossela Christopher C, disposed of 5,000 shares at a price of $266.25 on Sep 12. The insider now owns more than $1,331,250 worth of shares. Prior to that, EVP, Chief Financial Officer Hood Amy went on to Sale 75,351 shares at $259.47 each on Sep 02. An amount of $19,551,087 was transacted.
Microsoft Corporation (MSFT) has a trailing price-to-earnings (P/E) ratio of 25.97. The stock’s beta is 0.94. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 8.83, the price-to-book (PB) ratio at 10.35, and the price-to-cash flow ratio at 40.03.
The company has a payout ratio of 26.60%. The company’s most recent quarterly dividend payment was $0.68 a share, without any change from last year. Its latest increase dividend $0.06 reported on Tuesday September 20 2022.
The quick ratio of Microsoft Corporation for the three months ended September 29 was 1.80, and the current ratio was 1.80, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.34 and a total debt to equity ratio of 0.36 for the quarter ending September 29. Its gross profit as reported stood at $135.62 billion compared to revenue of $198.27 billion.
For the three-month period that ended September 29, Microsoft Corporation had $84.38 billion in cash and short-term investments compared to $45.37 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $17.56 billion in the quarter, while revenues of $16.74 billion were shrunk -16.8%. The analyst consensus anticipated Microsoft Corporation’s latest quarter earnings to come in at $2.3 per share, but it turned out to be $2.35, a 2.20% surprise. For the quarter, EBITDA amounted to $24.31 billion. Shareholders own equity worth $7.45 billion.
From a technical analysis perspective, let’s take a brief look at Microsoft Corporation (MSFT) price momentum. RSI 9-day as of the close on 29 December was 47.17%, suggesting the stock is Neutral, with historical volatility in this time frame at 24.75%.
As of today, MSFT’s price is $237.88 -1.40% or -$3.42 from its 5-day moving average. MSFT is currently trading -5.54% lower than its 20-day SMA and -14.02% lower than its 100-day SMA. However, the stock’s current price level is +1.05% above the SMA50 and -16.07% below the SMA200.
The stochastic %K and %D were 12.08% and 11.95%, respectively, and the average true range (ATR) was 6.47. With the 14-day stochastic at 23.76% and the average true range at 6.62, the RSI (14) stands at 47.83%. The stock has reached -2.59 on the 9-day MACD Oscillator while the 14-day reading was at -6.92.
Macquarie launched coverage on Microsoft Corporation (NASDAQ: MSFT) in its analyst report released on November 02, 2022. The firm assigned the stock a Neutral rating. The consensus rating for Microsoft Corporation (MSFT) among analysts is Buy. According to current brokerage recommendations, 1 brokerage firm advise that investors sell MSFT, while 4 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 8 analysts, while 40 others rate it as a “buy”.
What is MSFT’s price target for the next 12 months?
Analysts predict a range of price targets between $234.00 and $400.00, with a median target of $290.00. Taking a look at these predictions, the average price target given by analysts for Microsoft Corporation (MSFT) stock is $293.06.