Several analysts have already predicted that the stocks of MSFT will be reporting an EPS of $1.76 for the present quarter. According to a report, eleven different analysts have already issued estimates into the earnings of Microsoft. The highest range of estimates has been set at $1.83, while the lowest is at $1.69. The EPS reported by the company for the previous year was $1.40, which implies an annual growth rate of about 25.7%. The company will be putting up its next quarterly results on the 5th of May.
The Quarterly Estimate Of MSFT
The stocks of MSFT did publish their previous quarterly report on the 25th of January. The EPS reported by the company is $2.03, which will beat the consensus estimate set by Thomson Reuters at $1.64. The revenue generated by the company over the quarter was $43.08 billion, with the consensus estimate set at $40.23 billion. The company had a return on equity of around 40.74%, with a 32.38% net margin.
There have been quite a few research companies that have put up reports on the stocks of MSFT. BMO Capital Markets has already increased the price target of the company from $245 to $270, with a rating of outperform in a 27th January research report. Evercore ISI has increased the price target of the company from $260 to $300, in a 27th January research report.
JPMorgan Chase & Co. has also increased the price target of the company from $220 to $245, with a rating of overweight in yet another 27th January research report. Raymond James has increased the price target of the company from $235 to $275, with a strong-buy rating.
Two of investment analysts have already put up a rating of hold, while twenty-nine of them have given it a rating of buy. Currently, MSFT has a buy rating, with a $268.28 price target.
