$25.71 Billion in Sales Expected for Microsoft Co. (MSFT) This Quarter

Equities research analysts expect that Microsoft Co. (NASDAQ:MSFT) will post sales of $25.71 billion for the current quarter, according to Zacks. Ten analysts have provided estimates for Microsoft’s earnings. The highest sales estimate is $25.88 billion and the lowest is $25.58 billion. Microsoft posted sales of $23.56 billion during the same quarter last year, which suggests a positive year over year growth rate of 9.1%. The company is scheduled to report its next quarterly earnings results on Thursday, April 26th.

According to Zacks, analysts expect that Microsoft will report full-year sales of $25.71 billion for the current year, with estimates ranging from $105.85 billion to $107.66 billion. For the next year, analysts anticipate that the firm will report sales of $115.87 billion per share, with estimates ranging from $109.50 billion to $120.57 billion. Zacks’ sales calculations are a mean average based on a survey of analysts that cover Microsoft.

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Microsoft (NASDAQ:MSFT) last issued its earnings results on Wednesday, January 31st. The software giant reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.87 by $0.09. Microsoft had a return on equity of 35.41% and a net margin of 11.72%. The business had revenue of $28.92 billion during the quarter, compared to analysts’ expectations of $28.42 billion. During the same quarter in the prior year, the firm earned $0.83 EPS. The business’s revenue for the quarter was up 11.9% compared to the same quarter last year.

A number of equities analysts have issued reports on MSFT shares. Goldman Sachs set a $92.00 target price on Microsoft and gave the stock a “buy” rating in a report on Thursday, November 16th. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $100.00 target price on shares of Microsoft in a report on Monday, November 27th. Vetr raised Microsoft from a “buy” rating to a “strong-buy” rating and set a $94.25 target price for the company in a report on Monday, December 4th. Sanford C. Bernstein set a $100.00 target price on Microsoft and gave the stock a “buy” rating in a report on Thursday, December 7th. Finally, UBS set a $105.00 target price on Microsoft and gave the stock a “buy” rating in a report on Friday, December 8th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and thirty-one have assigned a buy rating to the company. Microsoft presently has an average rating of “Buy” and an average target price of $99.41.

Shares of Microsoft (NASDAQ MSFT) traded up $0.42 on Friday, reaching $94.60. The company’s stock had a trading volume of 49,067,100 shares, compared to its average volume of 32,226,418. Microsoft has a fifty-two week low of $64.12 and a fifty-two week high of $97.24. The company has a current ratio of 2.89, a quick ratio of 2.85 and a debt-to-equity ratio of 1.01. The firm has a market cap of $724,320.00, a PE ratio of 29.02, a PEG ratio of 2.17 and a beta of 1.04.

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 14th. Investors of record on Thursday, May 17th will be paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date is Wednesday, May 16th. Microsoft’s dividend payout ratio (DPR) is currently 51.53%.

In related news, EVP Christopher C. Capossela sold 3,500 shares of the company’s stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $93.00, for a total transaction of $325,500.00. Following the transaction, the executive vice president now directly owns 171,278 shares of the company’s stock, valued at approximately $15,928,854. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CMO Christopher C. Capossela sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $93.30, for a total value of $279,900.00. Following the transaction, the chief marketing officer now directly owns 178,278 shares in the company, valued at $16,633,337.40. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 10,000 shares of company stock worth $930,900. 1.49% of the stock is owned by company insiders.

Hedge funds have recently bought and sold shares of the stock. Capital Research Global Investors raised its stake in shares of Microsoft by 212.3% in the second quarter. Capital Research Global Investors now owns 69,663,044 shares of the software giant’s stock worth $4,801,874,000 after purchasing an additional 47,353,245 shares during the last quarter. Janus Henderson Group PLC raised its stake in shares of Microsoft by 609.4% in the second quarter. Janus Henderson Group PLC now owns 49,174,883 shares of the software giant’s stock worth $3,389,625,000 after purchasing an additional 42,243,011 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Microsoft by 4.6% in the second quarter. Vanguard Group Inc. now owns 564,052,011 shares of the software giant’s stock worth $38,880,105,000 after purchasing an additional 25,053,413 shares during the last quarter. Amundi Pioneer Asset Management Inc. raised its stake in shares of Microsoft by 52.3% in the fourth quarter. Amundi Pioneer Asset Management Inc. now owns 26,474,151 shares of the software giant’s stock worth $2,264,601,000 after purchasing an additional 9,092,634 shares during the last quarter. Finally, Tiger Global Management LLC raised its stake in shares of Microsoft by 395.2% in the second quarter. Tiger Global Management LLC now owns 10,487,500 shares of the software giant’s stock worth $722,903,000 after purchasing an additional 8,369,500 shares during the last quarter. 73.88% of the stock is currently owned by institutional investors and hedge funds.

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About Microsoft

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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