Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, as well as related Client Access Licenses (CAL); Skype, Outlook.com, OneDrive, and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions for organizations and enterprise divisions. Its Intelligent Cloud segment licenses SQL, Windows Servers, Visual Studio, System Center, and related CALs; GitHub that provides a collaboration platform and code hosting service for developers; and Azure, a cloud platform. It also offers support services and Microsoft consulting services to assist customers in developing, deploying, and managing Microsoft server and desktop solutions; and training and certification on Microsoft products. Its More Personal Computing segment provides Windows original equipment manufacturer (OEM) licensing and other non-volume licensing of the Windows operating system; Windows Commercial, such as volume licensing of the Windows operating system, Windows cloud services, and other Windows commercial offerings; patent licensing; Windows Internet of Things; and MSN advertising. It also offers Surface, PC accessories, PCs, tablets, gaming and entertainment consoles, and other devices; Gaming, including Xbox hardware, and Xbox content and services; video games and third-party video game royalties; and Search, including Bing and Microsoft advertising. It sells its products through OEMs, distributors, and resellers; and directly through digital marketplaces, online stores, and retail stores. It has collaborations with Dynatrace, Inc., Morgan Stanley, Micro Focus, WPP plc, ACI Worldwide, Inc., and iCIMS, Inc., as well as strategic relationships with Avaya Holdings Corp. and wejo Limited. Microsoft Corporation was founded in 1975 and is based in Redmond, Washington.
Microsoft Price Performance
Shares of MSFT traded down $0.74 during mid-day trading on Friday, reaching $282.91. 16,774,606 shares of the company's stock were exchanged, compared to its average volume of 26,520,194. The company has a quick ratio of 1.75, a current ratio of 1.78 and a debt-to-equity ratio of 0.28. The company has a 50-day simple moving average of $262.96 and a two-hundred day simple moving average of $280.24. Microsoft has a 52-week low of $241.51 and a 52-week high of $349.67. The company has a market cap of $2.11 trillion, a price-to-earnings ratio of 29.35, a PEG ratio of 2.38 and a beta of 0.93.
Microsoft (NASDAQ:MSFT - Get Rating) last issued its quarterly earnings data on Tuesday, July 26th. The software giant reported $2.23 earnings per share for the quarter, missing analysts' consensus estimates of $2.29 by ($0.06). Microsoft had a return on equity of 43.31% and a net margin of 36.69%. During the same quarter in the previous year, the firm earned $2.17 EPS. On average, sell-side analysts predict that Microsoft will post 10.14 EPS for the current fiscal year.
Microsoft Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, September 8th. Shareholders of record on Thursday, August 18th will be paid a $0.62 dividend. The ex-dividend date is Wednesday, August 17th. This represents a $2.48 annualized dividend and a yield of 0.88%. Microsoft's payout ratio is currently 25.73%.
Analyst Ratings Changes
MSFT has been the topic of several analyst reports. Royal Bank of Canada set a $380.00 price objective on Microsoft in a research note on Thursday, May 19th. Jefferies Financial Group dropped their target price on Microsoft from $325.00 to $320.00 in a report on Monday, June 13th. Redburn Partners initiated coverage on Microsoft in a report on Wednesday, June 29th. They issued a "buy" rating and a $370.00 target price on the stock. KeyCorp dropped their target price on Microsoft from $373.00 to $330.00 and set an "overweight" rating on the stock in a report on Thursday, July 7th. Finally, Fundamental Research reaffirmed a "hold" rating and set a $280.50 price objective on shares of Microsoft in a report on Wednesday. One research analyst has rated the stock with a hold rating and thirty-one have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $335.72.