Microsoft (MSFT) stock closes lower than S&P 500, but analysts expect significant growth

From Nasdaq: 2024-04-08 17:45:18

Microsoft (MSFT) closed at $424.59, down -0.22%, underperforming S&P 500’s 0.04% loss. It has risen 4.75% in the past month, outperforming the Computer and Technology sector. Analysts expect EPS of $2.81, revenue at $60.63 billion. Zacks Rank currently at #3 (Hold) with dynamic changes in estimate revisions.
Investors monitoring Microsoft’s upcoming financial results expect significant growth. Estimated EPS at $2.81, revenue projected at $60.63 billion, reflecting year-over-year increases of 14.69% and 14.71%, respectively. Zacks Rank #3 (Hold) indicates ongoing interest and potential for the stock’s future performance. Market participants eager for positive developments.
Microsoft’s valuation, with a Forward P/E ratio of 36.65, shows a premium compared to industry average of 30.82. The stock’s industry, Computer – Software, holds a Zacks Industry Rank of 64, placing it in the top 26% of all industries. Investors should keep a keen eye on these metrics for potential trading opportunities.



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