We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Microsoft (MSFT) Dips More Than Broader Market: What You Should Know
Read MoreHide Full Article
Microsoft (MSFT - Free Report) closed the latest trading day at $383.52, indicating a -1.33% change from the previous session's end. This change lagged the S&P 500's daily loss of 1.07%. Elsewhere, the Dow lost 0.62%, while the tech-heavy Nasdaq lost 1.71%.
Shares of the software maker have depreciated by 4.83% over the course of the past month, outperforming the Computer and Technology sector's loss of 11.12% and the S&P 500's loss of 7.03%.
The upcoming earnings release of Microsoft will be of great interest to investors. The company is forecasted to report an EPS of $3.20, showcasing an 8.84% upward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $68.37 billion, up 10.52% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $13.08 per share and a revenue of $276.15 billion, representing changes of +10.85% and +12.66%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Microsoft. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.09% higher. As of now, Microsoft holds a Zacks Rank of #3 (Hold).
From a valuation perspective, Microsoft is currently exchanging hands at a Forward P/E ratio of 29.72. This represents a premium compared to its industry's average Forward P/E of 25.46.
Also, we should mention that MSFT has a PEG ratio of 2.06. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Computer - Software industry had an average PEG ratio of 2.15 as trading concluded yesterday.
The Computer - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 128, placing it within the top 50% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Microsoft (MSFT) Dips More Than Broader Market: What You Should Know
Microsoft (MSFT - Free Report) closed the latest trading day at $383.52, indicating a -1.33% change from the previous session's end. This change lagged the S&P 500's daily loss of 1.07%. Elsewhere, the Dow lost 0.62%, while the tech-heavy Nasdaq lost 1.71%.
Shares of the software maker have depreciated by 4.83% over the course of the past month, outperforming the Computer and Technology sector's loss of 11.12% and the S&P 500's loss of 7.03%.
The upcoming earnings release of Microsoft will be of great interest to investors. The company is forecasted to report an EPS of $3.20, showcasing an 8.84% upward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $68.37 billion, up 10.52% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $13.08 per share and a revenue of $276.15 billion, representing changes of +10.85% and +12.66%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Microsoft. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.09% higher. As of now, Microsoft holds a Zacks Rank of #3 (Hold).
From a valuation perspective, Microsoft is currently exchanging hands at a Forward P/E ratio of 29.72. This represents a premium compared to its industry's average Forward P/E of 25.46.
Also, we should mention that MSFT has a PEG ratio of 2.06. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Computer - Software industry had an average PEG ratio of 2.15 as trading concluded yesterday.
The Computer - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 128, placing it within the top 50% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.