Microsoft (MSFT) Stock Rating Reaffirmed by Credit Suisse Group

Microsoft (NASDAQ:MSFT)‘s stock had its “buy” rating reissued by stock analysts at Credit Suisse Group in a research report issued to clients and investors on Monday. They currently have a $125.00 price target on the software giant’s stock. Credit Suisse Group’s price target would indicate a potential upside of 21.78% from the company’s previous close.

A number of other research firms also recently issued reports on MSFT. Cleveland Research restated a “buy” rating on shares of Microsoft in a research note on Tuesday, October 2nd. Royal Bank of Canada set a $124.00 price target on Microsoft and gave the stock a “buy” rating in a research note on Wednesday, September 26th. Barclays set a $120.00 price target on Microsoft and gave the stock a “buy” rating in a research note on Wednesday, September 26th. Jefferies Financial Group restated a “sell” rating and issued a $75.00 price target on shares of Microsoft in a research note on Wednesday, September 26th. Finally, Wells Fargo & Co restated a “buy” rating and issued a $130.00 price target on shares of Microsoft in a research note on Thursday, September 27th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, thirty-three have assigned a buy rating and two have given a strong buy rating to the stock. The company has an average rating of “Buy” and an average price target of $121.88.

MSFT traded down $1.21 during trading on Monday, hitting $102.64. 24,592,742 shares of the company’s stock traded hands, compared to its average volume of 37,798,636. 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 has a 12-month low of $80.70 and a 12-month high of $116.18. The company has a market cap of $823.57 billion, a price-to-earnings ratio of 26.45, a P/E/G ratio of 1.95 and a beta of 1.28.



Microsoft (NASDAQ:MSFT) last issued its earnings results on Wednesday, October 24th. The software giant reported $1.14 EPS for the quarter, beating the consensus estimate of $0.96 by $0.18. Microsoft had a return on equity of 39.86% and a net margin of 16.38%. The business had revenue of $29.08 billion for the quarter, compared to the consensus estimate of $27.92 billion. During the same period last year, the business posted $0.84 EPS. The company’s revenue was up 18.5% compared to the same quarter last year. As a group, research analysts forecast that Microsoft will post 4.39 EPS for the current year.

In other Microsoft news, CEO Satya Nadella sold 328,000 shares of the firm’s stock in a transaction dated Friday, August 10th. The stock was sold at an average price of $109.44, for a total transaction of $35,896,320.00. Following the sale, the chief executive officer now directly owns 778,596 shares of the company’s stock, valued at $85,209,546.24. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Kathleen T. Hogan sold 40,000 shares of the firm’s stock in a transaction dated Tuesday, September 4th. The shares were sold at an average price of $111.31, for a total value of $4,452,400.00. Following the sale, the executive vice president now directly owns 339,972 shares in the company, valued at $37,842,283.32. The disclosure for this sale can be found here. Insiders have sold 853,460 shares of company stock worth $92,965,482 over the last quarter. 1.38% of the stock is owned by company insiders.

A number of large investors have recently bought and sold shares of the business. Peak Capital Management LLC bought a new stake in shares of Microsoft in the second quarter worth about $107,000. Fort L.P. bought a new stake in shares of Microsoft in the second quarter worth about $119,000. Woodard & Co. Asset Management Group Inc. ADV increased its holdings in shares of Microsoft by 90.5% in the third quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 1,048 shares of the software giant’s stock worth $119,000 after purchasing an additional 498 shares during the last quarter. WP Advisors LLC bought a new stake in shares of Microsoft in the second quarter worth about $131,000. Finally, Quattro Financial Advisors LLC bought a new stake in shares of Microsoft in the third quarter worth about $132,000. 71.92% of the stock is currently owned by institutional investors and hedge funds.

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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