Microsoft Corporation (MSFT) Earning Favorable News Coverage, Study Finds
Headlines about Microsoft Corporation (NASDAQ:MSFT) have been trending positive on Saturday, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Microsoft Corporation earned a media sentiment score of 0.25 on Accern’s scale. Accern also gave media headlines about the software giant an impact score of 45.6146994505111 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the media headlines that may have effected Accern’s rankings:
- Revisiting The Alexa-Cortana Linkup In The Works (feeds.benzinga.com)
- Microsoft Corporation (MSFT) Breaks Ground With First Retail Store In UK – StockNews.com (blog) (stocknews.com)
- THIS IS TEST4 FROM AMERS PLEASE IGNORE (finance.yahoo.com)
- Microsoft Corporation Sees Unusually Large Options Volume (MSFT) (americanbankingnews.com)
- Microsoft Corporation Target of Unusually High Options Trading (MSFT) (americanbankingnews.com)
Microsoft Corporation (NASDAQ:MSFT) traded up 0.27% on Friday, reaching $74.41. 14,111,365 shares of the company’s stock were exchanged. Microsoft Corporation has a 12-month low of $56.32 and a 12-month high of $75.97. The firm has a 50 day moving average of $73.41 and a 200-day moving average of $69.80. The company has a market cap of $573.12 billion, a P/E ratio of 27.46 and a beta of 1.00. Microsoft Corporation also was the target of some unusual options trading activity on Wednesday. Stock traders bought 29,563 put options on the stock. This represents an increase of 118% compared to the average volume of 13,565 put options.
Microsoft Corporation (NASDAQ:MSFT) last released its quarterly earnings results on Thursday, July 20th. The software giant reported $0.98 EPS for the quarter, beating the consensus estimate of $0.71 by $0.27. The business had revenue of $24.70 billion for the quarter, compared to analyst estimates of $24.29 billion. Microsoft Corporation had a net margin of 23.57% and a return on equity of 36.81%. The company’s quarterly revenue was up 9.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.69 earnings per share. Equities analysts expect that Microsoft Corporation will post $3.18 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 14th. Stockholders of record on Thursday, November 16th will be given a $0.42 dividend. The ex-dividend date is Wednesday, November 15th. This is a positive change from Microsoft Corporation’s previous quarterly dividend of $0.39. This represents a $1.68 annualized dividend and a dividend yield of 2.26%. Microsoft Corporation’s dividend payout ratio is currently 57.78%.
A number of analysts have weighed in on MSFT shares. BidaskClub upgraded Microsoft Corporation from a “hold” rating to a “buy” rating in a report on Tuesday, July 11th. Royal Bank Of Canada set a $77.00 target price on Microsoft Corporation and gave the stock a “buy” rating in a report on Monday, July 10th. Stifel Nicolaus restated a “buy” rating and set a $73.00 target price on shares of Microsoft Corporation in a report on Sunday, July 9th. Morningstar, Inc. restated a “buy” rating on shares of Microsoft Corporation in a report on Wednesday, June 28th. Finally, Cleveland Research started coverage on Microsoft Corporation in a report on Thursday, June 22nd. They set a “buy” rating and a $80.00 target price for the company. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and thirty have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $76.72.
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In related news, insider Jean Philippe Courtois sold 26,763 shares of the company’s stock in a transaction that occurred on Tuesday, July 25th. The shares were sold at an average price of $74.00, for a total transaction of $1,980,462.00. Following the transaction, the insider now owns 544,080 shares of the company’s stock, valued at $40,261,920. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider G Mason Morfit sold 7,000,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $72.56, for a total transaction of $507,920,000.00. The disclosure for this sale can be found here. Insiders sold 7,108,526 shares of company stock worth $515,879,974 over the last quarter. Company insiders own 2.99% of the company’s stock.
About Microsoft Corporation
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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