Microsoft (NASDAQ:MSFT) Stock Rating Reaffirmed by Credit Suisse Group

Microsoft (NASDAQ:MSFT)‘s stock had its “buy” rating restated by research analysts at Credit Suisse Group in a note issued to investors on Monday, May 6th, Borsen Zeitung reports. They presently have a $145.00 price objective on the software giant’s stock. Credit Suisse Group’s target price would indicate a potential upside of 15.33% from the company’s previous close.

MSFT has been the topic of several other research reports. Goldman Sachs Group reaffirmed a “buy” rating and set a $131.00 target price on shares of Microsoft in a research report on Thursday, April 18th. UBS Group set a $125.00 target price on Microsoft and gave the company a “buy” rating in a research report on Thursday, January 31st. Nomura lowered their target price on Microsoft from $115.00 to $113.00 and set a “buy” rating on the stock in a research note on Thursday, January 31st. Deutsche Bank boosted their target price on Microsoft from $130.00 to $145.00 and gave the company a “buy” rating in a research note on Thursday, April 25th. Finally, Raymond James boosted their price objective on Microsoft from $142.00 to $149.00 and gave the company a “strong-buy” rating in a research note on Thursday, April 25th. One research analyst has rated the stock with a sell rating, three have given a hold rating, twenty-five have assigned a buy rating and three have given a strong buy rating to the company. Microsoft has an average rating of “Buy” and a consensus price target of $135.75.

Microsoft stock traded up $0.79 during mid-day trading on Monday, reaching $125.73. The stock had a trading volume of 15,198,953 shares, compared to its average volume of 26,466,514. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.93 and a current ratio of 2.97. Microsoft has a fifty-two week low of $93.96 and a fifty-two week high of $131.37. The stock has a market capitalization of $971.41 billion, a PE ratio of 32.40, a price-to-earnings-growth ratio of 2.22 and a beta of 1.24.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, April 24th. The software giant reported $1.14 EPS for the quarter, beating the Zacks’ consensus estimate of $1.00 by $0.14. The firm had revenue of $30.57 billion during the quarter, compared to analysts’ expectations of $29.86 billion. Microsoft had a return on equity of 39.34% and a net margin of 28.58%. The company’s revenue for the quarter was up 14.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.95 earnings per share. Research analysts forecast that Microsoft will post 4.58 EPS for the current year.

In other news, President Bradford L. Smith sold 192,300 shares of the company’s stock in a transaction dated 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 completion of the transaction, the president now directly owns 754,442 shares in the company, valued at approximately $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, CEO Satya Nadella sold 15,334 shares of the stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $112.31, for a total value of $1,722,161.54. Following the sale, the chief executive officer now owns 1,104,932 shares of the company’s stock, valued at $124,094,912.92. The disclosure for this sale can be found here. Insiders sold a total of 231,134 shares of company stock valued at $29,526,094 over the last quarter. Company insiders own 1.38% of the company’s stock.

A number of hedge funds have recently modified their holdings of MSFT. Oregon Public Employees Retirement Fund boosted its holdings in Microsoft by 9,587.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 169,992,326 shares of the software giant’s stock valued at $1,674,000 after acquiring an additional 168,237,479 shares during the period. Norges Bank purchased a new stake in Microsoft during the 4th quarter valued at about $7,728,792,000. Lunia Capital LP boosted its holdings in Microsoft by 9,650.2% during the 4th quarter. Lunia Capital LP now owns 17,036,540 shares of the software giant’s stock valued at $17,037,000 after acquiring an additional 16,861,809 shares during the period. FMR LLC boosted its holdings in Microsoft by 5.2% during the 4th quarter. FMR LLC now owns 254,905,697 shares of the software giant’s stock valued at $25,890,773,000 after acquiring an additional 12,660,256 shares during the period. Finally, Vanguard Group Inc boosted its holdings in Microsoft by 1.6% during the 3rd quarter. Vanguard Group Inc now owns 577,877,949 shares of the software giant’s stock valued at $66,091,902,000 after acquiring an additional 8,820,439 shares during the period. Institutional investors own 71.77% of the company’s stock.

About Microsoft

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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