Microsoft Corporation (MSFT) Earns Coverage Optimism Rating of 0.12
Media coverage about Microsoft Corporation (NASDAQ:MSFT) has been trending somewhat positive recently, Accern reports. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Microsoft Corporation earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave news headlines about the software giant an impact score of 45.7269135579322 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news headlines that may have impacted Accern’s analysis:
- Apple, Microsoft Lead 7 Top Stocks Holding In Buy Range; S&P 500 Futures (feedproxy.google.com)
- Stifel Nicolaus Reiterates Buy Rating for Microsoft Corporation (MSFT) (americanbankingnews.com)
- Microsoft’s Hotmail and Outlook.com suffer all-day outage in Europe (feeds.reuters.com)
- Microsoft CEO Satya Nadella could have worked at Amazon — but he took an offer to run Bing instead (cnbc.com)
- Microsoft Corporation (MSFT) Given a $77.00 Price Target at Royal Bank Of Canada (americanbankingnews.com)
Microsoft Corporation (MSFT) traded down 0.20% during trading on Monday, hitting $75.16. The stock had a trading volume of 23,306,959 shares. The company has a 50-day moving average of $73.33 and a 200 day moving average of $69.72. The firm has a market cap of $578.90 billion, a P/E ratio of 27.73 and a beta of 1.00. Microsoft Corporation has a 52-week low of $56.32 and a 52-week high of $75.97.
Microsoft Corporation (NASDAQ:MSFT) last issued its quarterly earnings data on Thursday, July 20th. The software giant reported $0.98 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.71 by $0.27. The firm had revenue of $24.70 billion during the quarter, compared to analyst estimates of $24.29 billion. Microsoft Corporation had a return on equity of 36.81% and a net margin of 23.57%. The business’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.69 earnings per share. On average, equities research analysts predict that Microsoft Corporation will post $3.16 earnings per share for the current fiscal year.
Several research firms recently commented on MSFT. Royal Bank Of Canada set a $77.00 target price on Microsoft Corporation and gave the stock a “buy” rating in a research note on Monday. Stifel Nicolaus reaffirmed a “buy” rating and set a $80.00 target price on shares of Microsoft Corporation in a research note on Monday. BidaskClub cut Microsoft Corporation from a “buy” rating to a “hold” rating in a research note on Saturday, June 10th. Credit Suisse Group set a $84.00 target price on Microsoft Corporation and gave the stock a “buy” rating in a research note on Friday, August 11th. Finally, Raymond James Financial, Inc. raised their target price on Microsoft Corporation to $84.00 and gave the stock a “buy” rating in a research note on Friday, July 21st. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and thirty have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $76.72.
In other news, insider G Mason Morfit sold 7,000,000 shares of the firm’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $72.56, for a total transaction of $507,920,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Amy Hood sold 55,000 shares of the firm’s stock in a transaction dated Tuesday, August 29th. The shares were sold at an average price of $72.71, for a total value of $3,999,050.00. Following the transaction, the chief financial officer now owns 510,217 shares of the company’s stock, valued at approximately $37,097,878.07. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 7,108,526 shares of company stock valued at $515,879,974. Company insiders own 2.99% of the company’s stock.
About Microsoft Corporation
Microsoft Corporation is a technology company. The Company develops, licenses, and supports a range of software products, services and devices. The Company’s segments include Productivity and Business Processes, Intelligent Cloud and More Personal Computing. The Company’s products include operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; video games, and training and certification of computer system integrators and developers.
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