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Friday, September 29, 2023

Microsoft Corporation (MSFT) Is Not Likely To Be The Same Tomorrow

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Microsoft Corporation (MSFT) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.35, or 0.11%, to $330.26. The Microsoft Corporation has recorded 1,602,563 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that G42 and Microsoft unlock new opportunities for digital transformation with joint sovereign cloud and AI offering.

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Stocks Info

Microsoft Corporation is listed on the NASDAQ in the Technology sector while operating in the Software – Infrastructure industry. The current market capitalization of Microsoft Corporation is $2444.44B. A total of 17.9 million shares were traded on the day, compared to an average of 26.21M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, MSFT has seen 5 BUY and 5 SELL insider trades, representing the acquisition of 875 and the disposition of 50,321 shares. Over the last 12 months, there were 25 BUYs and 45 SELLs from insiders. Insiders purchased 144,597 shares during that period but sold 190,113.

In the most recent transaction, Nadella Satya sold 38,234 shares of MSFT for 328.43 per share on Sep 01. After the transaction, the Chief Executive Officer now owns 800,668 company shares. In a previous transaction on Sep 01, Hogan Kathleen T sold 26,815 shares at 327.37 per share. MSFT shares that EVP, Human Resources owns now total 198,373.

Among the insiders who sold shares, SMITH BRADFORD L disposed of 50,000 shares on Aug 01 at a per-share price of $337.20. This resulted in the Vice Chair and President holding 588,084 shares of MSFT after the transaction. In another insider transaction, List Teri sold 1,250 shares at $334.77 per share on Jun 02. Company shares held by the Director now total 874.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Microsoft Corporation pays an annual dividend of $2.72, resulting in a dividend yield of 0.82%, and it has a price to earnings (P/E) ratio of 34.06. MSFT’s most recent ex-dividend date was 8/16/2023 when it declared a $0.68 quarterly dividend that was paid in cash on 9/14/2023. Previously, the company paid the dividend on 6/8/2023 with an ex-dividend date of 5/17/2023. The MSFT stock dividend was $0.68 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for MSFT in the last 3 months, the mean price target is $392.78 with high estimates of $440.00 and low estimates of $232.00. In terms of 52-week highs and lows, MSFT has a high of $366.78 and a low of $213.43.

As of this writing, MSFT has an earnings estimate of $2.65 per share for the current quarter. EPS was calculated based on a consensus of 33 estimates, with a high estimate of $2.7 per share and a lower estimate of $2.58. The company reported an EPS of $2.45 in the last quarter, which was 9.90% higher than expectations of $2.23.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. MSFT’s latest balance sheet shows that the firm has $104.76B in Cash & Short Term Investments as of fiscal 2022. There were $61.27B in debt and $95.08B in liabilities at the time. Its Book Value Per Share was $27.74, while its Total Shareholder’s Equity was $166.54B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MSFT is Buy with a score of 4.69.

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