Micro Focus International Stock Forecast, Price & News

Micro Focus International's stock was trading at $7.56 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MFGP shares have decreased by 36.8% and is now trading at $4.78.
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8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Micro Focus International in the last year. There are currently 7 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Micro Focus International.

Wall Street analysts have given Micro Focus International a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Micro Focus International wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Micro Focus International is scheduled to release its next quarterly earnings announcement on Tuesday, February 2nd 2021.
View our earnings forecast for Micro Focus International.

Micro Focus International declared a semi-annual dividend on Friday, February 7th. Investors of record on Tuesday, April 14th will be paid a dividend of $0.5833 per share on Thursday, May 14th. This represents a yield of 12.5%. The ex-dividend date of this dividend is Monday, April 13th. This is an increase from Micro Focus International's previous semi-annual dividend of $0.56.
View Micro Focus International's dividend history.

8 brokerages have issued twelve-month price targets for Micro Focus International's stock. Their forecasts range from $5.00 to $5.00. On average, they expect Micro Focus International's share price to reach $5.00 in the next year. This suggests a possible upside of 4.6% from the stock's current price.
View analysts' price targets for Micro Focus International.

Micro Focus International saw a increase in short interest during the month of October. As of October 30th, there was short interest totaling 3,610,000 shares, an increase of 18.8% from the October 15th total of 3,040,000 shares. Based on an average trading volume of 1,120,000 shares, the short-interest ratio is presently 3.2 days.
View Micro Focus International's Short Interest.

Some companies that are related to Micro Focus International include Q2 (QTWO), Manhattan Associates (MANH), JFrog (FROG), Vontier (VNT), Nutanix (NTNX), BigCommerce (BIGC), Duck Creek Technologies (DCT), AppFolio (APPF), The Descartes Systems Group (DSGX), National Instruments (NATI), Everbridge (EVBG), CyberArk Software (CYBR), SailPoint Technologies (SAIL), Asana (ASAN) and ACI Worldwide (ACIW).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Micro Focus International investors own include Hewlett Packard Enterprise (HPE), AT&T (T), HP (HPQ), Cisco Systems (CSCO), CVS Health (CVS), Advanced Micro Devices (AMD), DXC Technology (DXC), Pfizer (PFE), Ford Motor (F) and Honeywell International (HON).

Micro Focus International trades on the New York Stock Exchange (NYSE) under the ticker symbol "MFGP."

Micro Focus International's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Arrowstreet Capital Limited Partnership (0.62%), Morgan Stanley (0.30%), Connor Clark & Lunn Investment Management Ltd. (0.19%), Ingalls & Snyder LLC (0.11%), Horrell Capital Management Inc. (0.10%) and Voloridge Investment Management LLC (0.10%).

MFGP stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, BlackRock Inc., Ingalls & Snyder LLC, Envestnet Asset Management Inc., State Street Corp, Voloridge Investment Management LLC, Sei Investments Co., and Connor Clark & Lunn Investment Management Ltd..

MFGP stock was acquired by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Horrell Capital Management Inc., Aigen Investment Management LP, Jane Street Group LLC, US Bancorp DE, ExodusPoint Capital Management LP, Schonfeld Strategic Advisors LLC, and Schonfeld Strategic Advisors LLC.

Shares of MFGP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of MFGP stock can currently be purchased for approximately $4.78.

Micro Focus International has a market capitalization of $1.60 billion and generates $3.35 billion in revenue each year. The company earns $1.47 billion in net income (profit) each year or $1.96 on an earnings per share basis. Micro Focus International employs 11,900 workers across the globe.

The official website for Micro Focus International is www.microfocus.com.

Micro Focus International's mailing address is 22-30 OLD BATH ROAD, NEWBURY BERKSHIRE X0, RG14 1QN. The company can be reached via phone at 44-01-6353-2646 or via email at [email protected]