Microsoft Corp (NASDAQ: MSFT) has reported earnings for its fourth fiscal quarter (ending June 30) of $2.96 versus $2.70 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $11.86 versus $9.72 for the same period a year ago.
Recent Price Action
Microsoft Corp (NASDAQ: MSFT) stock declined slightly by -0.9% on 7/30/24. The stock closed at $422.92. Moreover, trading volume in this decline was unusually high at 157% of normal. The stock has been strong relative to the market over the last nine months but has declined -4.5% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, MSFT is expected to continue to be a major Value Builder.
Microsoft has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Microsoft has a slightly negative Appreciation Score of 32 but a good Power Rating of 73, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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