Microsoft Corporation [MSFT] Revenue clocked in at $227.58 billion, up 9.36% YTD: What’s Next?

Microsoft Corporation [NASDAQ: MSFT] price surged by 1.84 percent to reach at $7.44. The company report on January 30, 2024 at 4:07 PM that Microsoft earnings press release available on Investor Relations website.

Microsoft Corp. on Tuesday announced that fiscal year 2024 second-quarter financial results are available on its Investor Relations website. The direct link to the earnings press release is https://www.microsoft.com/en-us/Investor/earnings/FY-2024-Q2/press-release-webcast.

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As previously announced, the company will host a conference call at 2:30 p.m. Pacific Time. A live webcast of the call can be accessed on Microsoft’s Investor Relations website at https://www.microsoft.com/en-us/Investor/..

The one-year MSFT stock forecast points to a potential upside of 11.09. The average equity rating for MSFT stock is currently 1.24, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on 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 $462.52 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 1.24. 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.

Exane BNP Paribas have made an estimate for Microsoft Corporation shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on January 18, 2024.

The Average True Range (ATR) for Microsoft Corporation is set at 7.05, with the Price to Sales ratio for MSFT stock in the period of the last 12 months amounting to 13.43. The Price to Book ratio for the last quarter was 12.83, with the Price to Cash per share for the same quarter was set at 10.90. Price to Free Cash Flow for MSFT in the course of the last twelve months was 45.30 with Quick ratio for the last quarter at 1.20.

MSFT Stock Performance Analysis:

Microsoft Corporation [MSFT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.80. With this latest performance, MSFT shares gained by 10.96% in over the last four-week period, additionally plugging by 25.89% over the last 6 months – not to mention a rise of 62.70% 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 68.83, with the RSI for the last a single of trading hit 69.07, and the three-weeks RSI is set at 67.74 for Microsoft Corporation [MSFT]. The present Moving Average for the last 50 days of trading for this stock 381.85, while it was recorded at 406.18 for the last single week of trading, and 342.54 for the last 200 days.

Insight into Microsoft Corporation Fundamentals:

Microsoft Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 1.22.

MSFT Stock EPS

With the latest financial reports released by the company, Microsoft Corporation posted 2.45/share EPS, while the average EPS was predicted by analysts to be reported at 2.23/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 9.90%. 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 16.30%.

Microsoft Corporation [MSFT] Institutonal Ownership Details

The top three institutional holders of MSFT stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in MSFT stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in MSFT stock with ownership which is approximately 5.8325%.