The Microsoft Corporation (MSFT) shares are trading at higher $204.06 and the avg recommendation for the stock is Strong Buy. while the current analyst price target stands at $227.65.
To add more color to this target, the company’s high over the last year is $216.38 and the low is $130.78. Over the last 52 weeks, MSFT is down -5.69% while the S&P 500 is up 1.23%. The catalyst for this interesting swing was the company’s recent earnings report.
A Notable Earnings Report
In the last quarter, MSFT reported a profit of $24.05 billion. Microsoft Corporation also saw revenues increase to $35.02 billion. In addition, MSFT has free cash flow of $31.3 billion as of 03-2020. The company’s EBITDA came in at $16.09 billion which compares well with its peers.
MSFT booked profit margins of 31.00%, its Return on Equity (ROE) is 40.90%, and its Return on Assets is 15.60%. All told, it is clear that, MSFT needs to be on your watchlist.
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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. MSFT has a short ratio of 1.13 and outstanding shares of 7.60B.
MSFT has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 38.11 million and more growth is