Microsoft Corporation (NASDAQ:MSFT) currently has a daily average trading volume of 19.81M but it saw 19557965 shares traded in last market. With a market cap of 3156.07B USD, the company’s current market price of $424.60 came falling about -0.68 while comparing to the previous closing price of $427.51. In past 52 weeks, the stock remained buoying in the range of price level as high as $468.35 and as low as $324.39. In the recent trading on the day, stock has struck highest price mark of $422.53 while lowest mark touched by it was $431.08.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Goldman which reiterated the stock as “Buy” in its note to investors issued on October 10, 2024, recommending a price target of between $515 and $500 for it. DA Davidson issued its recommendations for the stock as it downgraded the price target for the stock is $475.
Over the week, MSFT’s stock price is moving 2.04% up while it is -1.06% when we observe its performance for the past one month. Year-to-date it is 12.91% up and over the past year, the stock is showing an upside performance of 28.93%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 2.73 beat the consensus estimate of 2.42 for the same. The company is expected to be releasing its next quarterly report on 2024-Oct-30, for which analysts forecasted an EPS of 3.09 while estimate for next year EPS is 13.07. In next quarter, company is expected to be making quarterly sales of $69.82B as analysts are expecting the sales for current fiscal year at $278.99B and seeing the company making $318.76B in sales next year. Moreover, analysts are in estimates of $64.48B for current-quarter revenue.
Currently, Microsoft Corporation’s total number of outstanding shares is 7.43B with 0.05% of that held by the insiders while 73.61% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 25.08% and return on equity (ROE) at 37.13%. It has a price to earnings ratio (P/E ratio) of 35.98 while having a 27.69 of forward P/E ratio. Stock’s beta reads 0.90. Stock has a price to book (P/B) ratio of 11.76 while price to sale or P/S ratio amounts to 12.88. Its return on asset (ROA) is 19.07% on average.
