Analysts predict that Microsoft Co. (NASDAQ:MSFT) will report earnings of $1.40 per share for the current quarter, according to Zacks. Ten analysts have made estimates for Microsoft’s earnings, with the lowest EPS estimate coming in at $1.36 and the highest estimate coming in at $1.51. Microsoft reported earnings per share of $1.37 in the same quarter last year, which would suggest a positive year over year growth rate of 2.2%. The company is scheduled to issue its next earnings report on Thursday, July 16th.

According to Zacks, analysts expect that Microsoft will report full year earnings of $5.69 per share for the current year, with EPS estimates ranging from $5.65 to $5.81. For the next fiscal year, analysts expect that the business will report earnings of $6.21 per share, with EPS estimates ranging from $5.89 to $6.54. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that follow Microsoft.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Wednesday, April 29th. The software giant reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.27 by $0.13. Microsoft had a return on equity of 40.37% and a net margin of 33.36%. The firm had revenue of $35.02 billion during the quarter, compared to analyst estimates of $33.70 billion. During the same period last year, the firm posted $1.14 EPS. The business’s revenue was up 14.6% compared to the same quarter last year.

Several equities research analysts recently weighed in on the company. Deutsche Bank decreased their price objective on Microsoft from $200.00 to $180.00 and set a “buy” rating for the company in a report on Tuesday, March 17th. Cowen reissued an “outperform” rating and issued a $190.00 price objective (down previously from $200.00) on shares of Microsoft in a report on Friday, April 17th. Wedbush lifted their price objective on Microsoft from $210.00 to $220.00 and gave the stock an “outperform” rating in a report on Thursday, April 30th. Macquarie restated a “buy” rating and issued a $200.00 target price on shares of Microsoft in a research note on Thursday, April 30th. Finally, Credit Suisse Group reiterated a “buy” rating and set a $195.00 price target on shares of Microsoft in a research report on Monday, May 11th. Two equities research analysts have rated the stock with a hold rating, thirty-four have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $190.19.

Shares of Microsoft stock traded up $2.63 during trading hours on Friday, hitting $183.16. 46,267,327 shares of the company’s stock traded hands, compared to its average volume of 47,221,879. The company has a fifty day simple moving average of $169.60 and a 200-day simple moving average of $161.66. Microsoft has a 12-month low of $119.01 and a 12-month high of $190.70. The stock has a market capitalization of $1,369.04 billion, a price-to-earnings ratio of 30.53, a PEG ratio of 2.51 and a beta of 0.95. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.90 and a quick ratio of 2.88.

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Thursday, May 21st will be given a dividend of $0.51 per share. The ex-dividend date of this dividend is Wednesday, May 20th. This represents a $2.04 annualized dividend and a dividend yield of 1.11%. Microsoft’s dividend payout ratio is presently 42.95%.

In related news, EVP Margaret L. Johnson sold 35,000 shares of the company’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $176.08, for a total transaction of $6,162,800.00. Following the completion of the sale, the executive vice president now owns 50,023 shares in the company, valued at $8,808,049.84. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Frank H. Brod sold 3,000 shares of the company’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $176.94, for a total value of $530,820.00. Following the sale, the chief accounting officer now owns 57,136 shares of the company’s stock, valued at approximately $10,109,643.84. The disclosure for this sale can be found here. Insiders own 1.39% of the company’s stock.

A number of institutional investors have recently bought and sold shares of the stock. ERTS Wealth Advisors LLC increased its position in Microsoft by 0.6% during the fourth quarter. ERTS Wealth Advisors LLC now owns 9,398 shares of the software giant’s stock valued at $955,000 after acquiring an additional 58 shares during the last quarter. Prentiss Smith & Co. Inc. increased its position in Microsoft by 0.5% during the first quarter. Prentiss Smith & Co. Inc. now owns 11,701 shares of the software giant’s stock valued at $1,845,000 after acquiring an additional 58 shares during the last quarter. Howard Wealth Management LLC increased its position in Microsoft by 1.3% during the first quarter. Howard Wealth Management LLC now owns 4,675 shares of the software giant’s stock valued at $737,000 after acquiring an additional 60 shares during the last quarter. Gs Investments Inc. increased its position in Microsoft by 0.3% during the first quarter. Gs Investments Inc. now owns 23,140 shares of the software giant’s stock valued at $3,649,000 after acquiring an additional 60 shares during the last quarter. Finally, Brickley Wealth Management increased its position in Microsoft by 2.6% in the first quarter. Brickley Wealth Management now owns 2,327 shares of the software giant’s stock worth $367,000 after buying an additional 60 shares in the last quarter. Institutional investors own 72.35% of the company’s stock.

Microsoft Company Profile

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.

See Also: How is the discount rate different from the Federal Funds rate?

Get a free copy of the Zacks research report on Microsoft (MSFT)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Microsoft (NASDAQ:MSFT)

Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.com's FREE daily email newsletter.