From Nasdaq: 2024-06-10 17:45:18

Microsoft (MSFT) closed trading at $427.87, up 0.95% from the previous session, outpacing the S&P 500. Prior to today, shares rose 2.2% in a month, lagging the tech sector’s 6.38% gain. Expectations for Microsoft’s upcoming financial release forecast EPS of $2.90 and revenue of $64.16 billion with a Zacks Rank of #3.

Valuation shows Microsoft trading at a Forward P/E of 36.01, higher than the industry average of 26.86. The Computer – Software industry has an average PEG ratio of 2.3, with Microsoft at 2.24. The industry ranks in the top 30% of all industries. Investors should track these metrics using Zacks.com.

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Read more at Nasdaq: Microsoft (MSFT) Rises Higher Than Market: Key Facts