Oppenheimer Analysts Give Microsoft (MSFT) a $127.00 Price Target

Microsoft (NASDAQ:MSFT) received a $127.00 price target from Oppenheimer in a note issued to investors on Friday. The brokerage currently has a “buy” rating on the software giant’s stock. Oppenheimer’s price objective would suggest a potential upside of 15.64% from the company’s current price.

Other research analysts also recently issued research reports about the company. Royal Bank of Canada reiterated a “$104.40” rating and set a $115.00 price target on shares of Microsoft in a report on Thursday, July 19th. Deutsche Bank reiterated a “$105.12” rating on shares of Microsoft in a report on Wednesday, July 18th. Credit Suisse Group restated a “$105.12” rating and issued a $115.00 target price on shares of Microsoft in a research note on Wednesday, July 18th. Argus boosted their target price on Microsoft from $116.00 to $128.00 and gave the company a “$107.97” rating in a research note on Monday, July 23rd. Finally, KeyCorp restated a “buy” rating and issued a $110.00 target price on shares of Microsoft in a research note on Tuesday, July 17th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, thirty-two have assigned a buy rating and two have given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $121.24.

Shares of MSFT stock traded up $1.32 on Friday, reaching $109.82. 1,562,077 shares of the company’s stock traded hands, compared to its average volume of 32,216,756. Microsoft has a 12-month low of $77.35 and a 12-month high of $116.18. The company has a current ratio of 2.90, a quick ratio of 2.86 and a debt-to-equity ratio of 0.94. The company has a market capitalization of $852.44 billion, a price-to-earnings ratio of 28.30, a P/E/G ratio of 2.11 and a beta of 1.28.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Thursday, July 19th. The software giant reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $1.08 by $0.05. Microsoft had a return on equity of 36.69% and a net margin of 15.02%. The business had revenue of $30.09 billion for the quarter, compared to the consensus estimate of $29.23 billion. During the same quarter in the previous year, the company posted $0.75 earnings per share. Microsoft’s revenue for the quarter was up 17.5% compared to the same quarter last year. On average, sell-side analysts predict that Microsoft will post 4.25 EPS for the current year.

In other Microsoft news, CEO Satya Nadella sold 328,000 shares of the business’s stock in a transaction dated Friday, August 10th. The stock was sold at an average price of $109.44, for a total value of $35,896,320.00. Following the completion of the sale, the chief executive officer now owns 778,596 shares of the company’s stock, valued at $85,209,546.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Amy Hood sold 118,000 shares of the business’s stock in a transaction dated Tuesday, September 4th. The stock was sold at an average price of $110.90, for a total value of $13,086,200.00. Following the completion of the sale, the chief financial officer now directly owns 669,327 shares of the company’s stock, valued at approximately $74,228,364.30. The disclosure for this sale can be found here. Insiders sold 650,042 shares of company stock valued at $71,264,850 in the last ninety days. Insiders own 1.49% of the company’s stock.

Several large investors have recently made changes to their positions in the business. Peak Capital Management LLC acquired a new position in shares of Microsoft during the 2nd quarter worth about $107,000. Fort L.P. acquired a new position in shares of Microsoft during the 2nd quarter worth about $119,000. WP Advisors LLC acquired a new position in shares of Microsoft during the 2nd quarter worth about $131,000. Quattro Financial Advisors LLC acquired a new position in shares of Microsoft during the 3rd quarter worth about $132,000. Finally, LFA Lugano Financial Advisors SA acquired a new position in Microsoft in the 2nd quarter valued at approximately $139,000. 71.92% of the stock is owned by institutional investors.

About Microsoft

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its company's Productivity and Business Processes segment offers Office 365 commercial products and services for businesses, such as Office, Exchange, SharePoint, Skype for Business, Microsoft Teams, and related Client Access Licenses (CALs); Office 365 consumer services, including Skype, Outlook.com, and OneDrive; LinkedIn online professional network; and Dynamics business solutions comprising financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and medium businesses, large organizations, and divisions of enterprises.

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Analyst Recommendations for Microsoft (NASDAQ:MSFT)

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