Microsoft Corporation (NASDAQ:MSFT) traded at $448.51 at last check on current trade day and made a downward move of -0.17% on its previous day’s price.
Microsoft Corporation has a market cap of $3333.57 billion and is expected to release its quarterly earnings report in June. With its Forward Dividend at 3.16 and a yield of 0.70%, the company’s investors could be anxious for the MSFT stock to gain ahead of the earnings release.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 73.79B, with a low of 72.57B and a high of 74.46B. The median projection represents growth squeezing down to 14.00% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 279.05B, or 13.84% up from figures reported last year.
On the other hand, looking at the outlook for the MSFT stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Sell.
Based on estimates by 40 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 3 have rated the Microsoft Corporation (MSFT) stock as a Hold, while 34 rate it as a Buy. 0 analyst(s) rate it as overweight while 1 of them rated it as underweight, whereas 2 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the MSFT stock currently stands at 2.41, and the most recent price level today is 10.43% off its SMA20 and 14.22% from its 50-day simple moving average. The RSI (14) is pointing at 74.57 while the volatility over the past week is 1.66% and jumps to 2.22% over the past one month. The beta value is 1.02, while the average true range (ATR) is currently pointing at 11.22. The average price target for the stock over the next 12 months is $473.5, with the estimates having a low of $470 and a high of $595. These price ends are -4.79% and -32.66% off the today’s price level respectively, although investors could be excited at the prospect of a -5.57% if the MSFT share price touches on the median price of $473.5.
