Credit Suisse Group Reiterates Buy Rating for Microsoft (MSFT)

Credit Suisse Group reaffirmed their buy rating on shares of Microsoft (NASDAQ:MSFT) in a report published on Monday morning. The brokerage currently has a $125.00 target price on the software giant’s stock.

MSFT has been the topic of a number of other reports. Wells Fargo & Co reissued a buy rating and issued a $130.00 price target on shares of Microsoft in a report on Thursday, September 27th. Oppenheimer reissued a buy rating and issued a $127.00 price target on shares of Microsoft in a report on Monday, October 29th. reissued a buy rating and issued a $127.00 price target on shares of Microsoft in a report on Tuesday, October 23rd. Barclays reissued a buy rating and issued a $121.00 price target on shares of Microsoft in a report on Thursday, October 25th. Finally, Wedbush reissued an outperform rating and issued a $140.00 price target on shares of Microsoft in a report on Thursday, November 29th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, thirty-three have issued a buy rating and two have assigned a strong buy rating to the stock. Microsoft currently has an average rating of Buy and a consensus price target of $121.88.

Shares of Microsoft stock opened at $108.52 on Monday. Microsoft has a 12-month low of $80.98 and a 12-month high of $116.18. The stock has a market capitalization of $835.58 billion, a PE ratio of 27.97, a PEG ratio of 1.96 and a beta of 1.25. The company has a current ratio of 2.92, a quick ratio of 2.85 and a debt-to-equity ratio of 0.88.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Wednesday, October 24th. The software giant reported $1.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.96 by $0.18. Microsoft had a net margin of 16.38% and a return on equity of 39.86%. The firm had revenue of $29.08 billion for the quarter, compared to the consensus estimate of $27.92 billion. During the same period in the prior year, the firm posted $0.84 earnings per share. The company’s revenue for the quarter was up 18.5% on a year-over-year basis. On average, analysts anticipate that Microsoft will post 4.43 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 14th. Shareholders of record on Thursday, February 21st will be given a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 1.70%. The ex-dividend date is Wednesday, February 20th. Microsoft’s payout ratio is currently 47.42%.

In related news, CEO Satya Nadella sold 203,418 shares of Microsoft stock in a transaction on Friday, October 26th. The shares were sold at an average price of $106.68, for a total value of $21,700,632.24. Following the sale, the chief executive officer now owns 1,014,247 shares in the company, valued at $108,199,869.96. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CMO Christopher C. Capossela sold 23,337 shares of Microsoft stock in a transaction on Monday, September 10th. The shares were sold at an average price of $109.22, for a total transaction of $2,548,867.14. Following the completion of the sale, the chief marketing officer now owns 190,570 shares in the company, valued at approximately $20,814,055.40. The disclosure for this sale can be found here. Insiders sold 331,080 shares of company stock worth $35,679,993 in the last 90 days. Company insiders own 1.49% of the company’s stock.

Large investors have recently added to or reduced their stakes in the stock. Gould Asset Management LLC CA raised its position in shares of Microsoft by 4.2% in the 3rd quarter. Gould Asset Management LLC CA now owns 11,421 shares of the software giant’s stock worth $1,306,000 after purchasing an additional 463 shares during the last quarter. Watch Point Trust Co raised its position in shares of Microsoft by 1.0% in the 3rd quarter. Watch Point Trust Co now owns 46,701 shares of the software giant’s stock worth $5,341,000 after purchasing an additional 466 shares during the last quarter. Progressive Investment Management Corp raised its position in shares of Microsoft by 0.7% in the 2nd quarter. Progressive Investment Management Corp now owns 71,588 shares of the software giant’s stock worth $7,022,000 after purchasing an additional 468 shares during the last quarter. Green Square Capital LLC raised its position in shares of Microsoft by 3.1% in the 2nd quarter. Green Square Capital LLC now owns 15,502 shares of the software giant’s stock worth $1,529,000 after purchasing an additional 470 shares during the last quarter. Finally, Middleton & Co Inc MA raised its position in shares of Microsoft by 0.9% in the 3rd quarter. Middleton & Co Inc MA now owns 55,821 shares of the software giant’s stock worth $6,384,000 after purchasing an additional 472 shares during the last quarter. Institutional investors and hedge funds own 71.90% 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 for businesses, 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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Analyst Recommendations for Microsoft (NASDAQ:MSFT)

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