Microsoft (NASDAQ:MSFT) Releases Earnings Results

Microsoft (NASDAQ:MSFT) posted its earnings results on Monday. The software giant reported $2.03 EPS for the quarter, topping the Zacks’ consensus estimate of $1.64 by $0.39, MarketWatch Earnings reports. The business had revenue of $43.08 billion during the quarter, compared to analyst estimates of $40.23 billion. Microsoft had a return on equity of 40.74% and a net margin of 32.28%. The company’s quarterly revenue was up 16.7% compared to the same quarter last year. During the same quarter last year, the company earned $1.51 EPS.

Shares of NASDAQ:MSFT traded up $0.57 during mid-day trading on Wednesday, reaching $232.90. The stock had a trading volume of 65,752,542 shares, compared to its average volume of 32,716,467. The company has a current ratio of 2.53, a quick ratio of 2.49 and a debt-to-equity ratio of 0.46. The company has a market cap of $1.76 trillion, a P/E ratio of 37.63, a price-to-earnings-growth ratio of 2.44 and a beta of 0.83. Microsoft has a 1 year low of $132.52 and a 1 year high of $240.44. The business’s 50 day moving average price is $219.28 and its 200 day moving average price is $213.61.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 11th. Investors of record on Thursday, February 18th will be given a $0.56 dividend. The ex-dividend date is Wednesday, February 17th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 0.96%. Microsoft’s dividend payout ratio is currently 38.89%.

In other Microsoft news, EVP Kathleen T. Hogan sold 30,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 9th. The stock was sold at an average price of $212.43, for a total transaction of $6,372,900.00. Following the sale, the executive vice president now directly owns 189,064 shares of the company’s stock, valued at $40,162,865.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Satya Nadella sold 104,500 shares of the business’s stock in a transaction that occurred on Thursday, November 5th. The stock was sold at an average price of $222.52, for a total value of $23,253,340.00. Following the sale, the chief executive officer now directly owns 1,392,573 shares in the company, valued at $309,875,343.96. The disclosure for this sale can be found here. Insiders have sold 334,500 shares of company stock worth $74,142,240 over the last three months. 0.05% of the stock is currently owned by insiders.

Several brokerages recently commented on MSFT. Summit Insights lowered Microsoft from a “buy” rating to a “hold” rating in a report on Tuesday, September 29th. Credit Suisse Group lifted their price objective on Microsoft from $235.00 to $265.00 and gave the stock an “outperform” rating in a report on Wednesday. KeyCorp began coverage on Microsoft in a report on Monday, November 23rd. They issued an “overweight” rating and a $250.00 price objective for the company. UBS Group lifted their price objective on Microsoft from $243.00 to $267.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Bank of America lifted their price objective on Microsoft from $256.00 to $280.00 and gave the stock a “buy” rating in a report on Wednesday. One analyst has rated the stock with a hold rating, thirty-three have issued a buy rating and two have issued a strong buy rating to the stock. Microsoft currently has a consensus rating of “Buy” and an average price target of $259.72.

About Microsoft

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, as well as related Client Access Licenses (CAL); Skype, Outlook.com, OneDrive, and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions for small and medium businesses, large organizations, and divisions of enterprises.

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Earnings History for Microsoft (NASDAQ:MSFT)

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