Investors Heavily Search Microsoft Corporation (MSFT): Here is What You Need to Know
From Nasdaq: 2024-05-13 09:00:14
Microsoft (MSFT) is closely monitored by Zacks.com visitors. The stock has returned -1.7% in the last month, while the industry saw a 2.4% decline. Analysts expect Microsoft to report earnings of $2.89 per share for the current quarter, with a year-over-year change of +7.4%. The stock is currently rated Zacks Rank #3 (Hold).
In assessing a company’s stock performance, Zacks focuses on earnings estimate revisions. Microsoft is estimated to post earnings of $11.76 for the current fiscal year, indicating a year-over-year change of +19.9%. The company’s stock has a Zacks Value Style Score of D, suggesting it is trading at a premium to its peers. Microsoft has consistently beat earnings estimates.
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Overall, Microsoft’s stock performance is driven by earnings estimates, revenue growth, surprise history, and valuation. While the stock is currently categorized as Zacks Rank #3 (Hold) and has a Value Style Score of D, investors are advised to consider these factors before making investment decisions. The company’s track record of beating earnings estimates and revenue forecasts is a positive indicator for its future performance.
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