Microsoft Corporation [NASDAQ: MSFT] loss -5.09% or -12.55 points to close at $234.24 with a heavy trading volume of 37700791 shares. The company report on September 26, 2022 that OPG and Microsoft announce strategic partnership to power a Net-Zero future for Ontario.
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Clean Energy Credit purchase agreement including nuclear power marks a first for both companies.
Ontario Power Generation (OPG) and Microsoft announced a Canada-first strategic partnership aimed at tackling climate change and driving sustainable growth across Ontario. The two companies will work together on a series of initiatives that are focused on delivering innovative clean energy solutions and digital skilling programs.
It opened the trading session at $240.902, the shares rose to $241.32 and dropped to $233.17, the range by which the price of stock traded the whole day. The daily chart for MSFT points out that the company has recorded -22.27% loss over the past six months. However, it is still -0.65% lower than its most recent low trading price.
If we look at the average trading volume of 24.96M shares, MSFT reached to a volume of 37700791 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Microsoft Corporation [MSFT]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MSFT shares is $331.47 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MSFT stock is a recommendation set at 1.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Raymond James have made an estimate for Microsoft Corporation shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on September 30, 2022. While these analysts kept the previous recommendation, MoffettNathanson raised their target price to Hold. The new note on the price target was released on September 22, 2022, representing the official price target for Microsoft Corporation stock. Previously, the target price had yet another raise to $292, while Guggenheim analysts kept a Neutral rating on MSFT stock. On July 27, 2022, analysts decreased their price target for MSFT shares from 340 to 320.
The Average True Range (ATR) for Microsoft Corporation is set at 7.22, with the Price to Sales ratio for MSFT stock in the period of the last 12 months amounting to 9.28. The Price to Book ratio for the last quarter was 10.51, with the Price to Cash per share for the same quarter was set at 13.33. Price to Free Cash Flow for MSFT in the course of the last twelve months was 39.15 with Quick ratio for the last quarter at 1.70.
Trading performance analysis for MSFT stock
Microsoft Corporation [MSFT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.58. With this latest performance, MSFT shares dropped by -9.39% in over the last four-week period, additionally sinking by -22.27% over the last 6 months – not to mention a drop of -20.56% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MSFT stock in for the last two-week period is set at 37.09, with the RSI for the last a single of trading hit 36.38, and the three-weeks RSI is set at 38.23 for Microsoft Corporation [MSFT]. The present Moving Average for the last 50 days of trading for this stock 263.11, while it was recorded at 243.97 for the last single week of trading, and 279.84 for the last 200 days.
Microsoft Corporation [MSFT]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Microsoft Corporation [MSFT] shares currently have an operating margin of +42.06 and a Gross Margin at +68.40. Microsoft Corporation’s Net Margin is presently recorded at +36.69.
Return on Equity for this stock inclined to 47.15, with Return on Assets sitting at 20.82.
Microsoft Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.70 and a Current Ratio set at 1.80.
Microsoft Corporation [MSFT]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MSFT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Microsoft Corporation go to 14.96%.
An analysis of insider ownership at Microsoft Corporation [MSFT]
There are presently around $1,228,823 million, or 72.00% of MSFT stock, in the hands of institutional investors. The top three institutional holders of MSFT stocks are: VANGUARD GROUP INC with ownership of 628,109,007, which is approximately 1.047% of the company’s market cap and around 0.07% of the total institutional ownership; BLACKROCK INC., holding 522,551,885 shares of the stock with an approximate value of $122.4 billion in MSFT stocks shares; and STATE STREET CORP, currently with $68.76 billion in MSFT stock with ownership of nearly -2.179% of the company’s market capitalization.
Positions in Microsoft Corporation stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 2,159 institutional holders increased their position in Microsoft Corporation [NASDAQ:MSFT] by around 150,870,763 shares. Additionally, 2,079 investors decreased positions by around 150,308,535 shares, while 348 investors held positions by with 4,944,819,361 shares. The mentioned changes placed institutional holdings at 5,245,998,659 shares, according to the latest SEC report filing. MSFT stock had 134 new institutional investments in for a total of 22,089,970 shares, while 110 institutional investors sold positions of 4,571,606 shares during the same period.