News headlines about Microsoft (NASDAQ:MSFT) have been trending somewhat positive on Wednesday, according to Accern Sentiment. The research firm scores the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Microsoft earned a news sentiment score of 0.09 on Accern’s scale. Accern also gave news stories about the software giant an impact score of 45.8263225439393 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the news stories that may have impacted Accern’s analysis:
- Microsoft Press Office: “We’ve Restored Bitcoin as a Payment Option” (news.bitcoin.com)
- Why Bill Gates is no longer the richest person in the world (finance.yahoo.com)
- What To Watch For When These Five Tech Giants Report Quarterly Earnings (finance.yahoo.com)
- Why Microsoft Corporation’s Shares Jumped 37% in 2017 (fool.com)
- Research Analysts Set Expectations for Microsoft Co.’s Q2 2018 Earnings (MSFT) (americanbankingnews.com)
Several brokerages recently weighed in on MSFT. Oppenheimer increased their target price on Microsoft to $115.00 and gave the company an “outperform” rating in a report on Tuesday. Zacks Investment Research cut Microsoft from a “buy” rating to a “hold” rating in a report on Tuesday. Credit Suisse Group restated a “buy” rating and set a $95.00 target price on shares of Microsoft in a report on Friday, October 27th. Morgan Stanley set a $88.00 price objective on Microsoft and gave the stock a “buy” rating in a report on Friday, October 27th. Finally, Tigress Financial reiterated a “buy” rating on shares of Microsoft in a report on Tuesday, November 7th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and thirty-one have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $86.30.
Microsoft (NASDAQ:MSFT) last posted its earnings results on Thursday, October 26th. The software giant reported $0.84 EPS for the quarter, topping the Zacks’ consensus estimate of $0.72 by $0.12. The business had revenue of $24.50 billion during the quarter, compared to analyst estimates of $23.57 billion. Microsoft had a return on equity of 35.23% and a net margin of 24.56%. The company’s quarterly revenue was up 11.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.76 EPS. research analysts expect that Microsoft will post 3.38 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 8th. Stockholders of record on Thursday, February 15th will be paid a $0.42 dividend. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.91%. Microsoft’s dividend payout ratio (DPR) is currently 56.76%.
In related news, insider Frank H. Brod sold 15,000 shares of Microsoft stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $84.08, for a total transaction of $1,261,200.00. Following the transaction, the insider now directly owns 116,205 shares in the company, valued at $9,770,516.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Frank H. Brod sold 18,000 shares of Microsoft stock in a transaction on Monday, December 4th. The shares were sold at an average price of $83.15, for a total value of $1,496,700.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 45,000 shares of company stock worth $3,759,420. Company insiders own 1.49% of the company’s stock.
Microsoft Company Profile
Microsoft Corporation is a technology company. The Company develops, licenses, and supports a range of software products, services and devices. The Company’s segments include Productivity and Business Processes, Intelligent Cloud and More Personal Computing. The Company’s products include operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; video games, and training and certification of computer system integrators and developers.
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