Microsoft Corporation (NASDAQ:MSFT) registered a -0.05% decrease, still its new closing price is 33.25% up from the company’s 1 year high of 64.10.It posted -0.19% losses in previous 5 sessions and is now the subject of 8 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 2 sells versus 13 buy or better ratings. The 37 stock analysts following this company have an average price target at $65.91, with individual PT in the $41.00-$80.00 range. The shares moved at $62.50, implying that brokerage firms see shares gaining about 27.01% in twelve months time.
Microsoft Corporation (MSFT) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 0.58% rise year to date. A EVP, Chief Marketing Officer at Microsoft Corporation (MSFT) offloaded shares in a transaction closed on Monday November 14, 2016. Capossela Christopher C sold 18,583 shares in the company at $58.58 each and collected $1,088,001 in proceeds. Capossela Christopher C now owns 234,723 shares in the company after this transaction. A EVP, Chief Marketing Officer in the company, Capossela Christopher C, disclosed a transaction on Tuesday November 08, 2016 that ended up generating $726,000 from the sale of 12,000 shares at $60.51 per share.
Microsoft Corporation (NASDAQ:MSFT) Upcoming Results on Tap
Microsoft Corporation will next provide financial results for the September 2017 quarter. Stock analysts expect it to report per-share earnings of $0.78 in that period. Sales during the quarter are predicted to arrive at $23.36 billion.
Earnings surprise history: Last quarter, the company posted approximately $22.33 billion in revenue and EPS of $0.76. The mean forecast was for $21.71 billion and $0.68 a share, respectively. One quarter earlier, revenue for the stock was at $22.64 billion, with earnings at $0.69/share.
Microsoft Corporation (MSFT) Brokerage Update
Microsoft Corporation (MSFT) is in Goldman’s research list so their analyst rating change is noteworthy. These shares were upgraded to Buy from Neutral by Goldman, according to news reported on Thursday November 17, 2016.Another important research note was issued by Atlantic Equities on Thursday November 10, 2016.The firm upgraded MSFT to Neutral from Underweight. Over the last six months and over the last three months, the shares of Microsoft Corporation (MSFT), have changed 19.26% and 9.97%, respectively.
Microsoft Corporation (NASDAQ:MSFT) on January 6, 2017 reported that it will publish fiscal year 2017 second-quarter financial results after the close of the market on Thursday, Jan. 26, 2017, on the Microsoft Investor Relations website at https://www.microsoft.com/en-us/Investor/. A live webcast of the earnings conference call will be made available at 2:30 p.m. Pacific Time.
Microsoft (MSFT) is the leading platform and productivity company for the mobile-first, cloud-first world, and its mission is to empower every person and every organization on the planet to achieve more.