Microsoft's stock rose slightly, but underperformed the market, with positive analyst outlook overall.

From Nasdaq: 2024-07-15 17:45:20

Microsoft’s stock closed at $453.96, up 0.09%, trailing the S&P 500. Over the past month, MSFT gained 2.48%, below the Computer and Technology sector’s 4.22%. Analysts project an EPS of $2.90 (7.81% increase) and revenue of $64.16 billion (14.19% rise) for the next earnings release.

Recent analyst revisions indicate a positive outlook for Microsoft, with the Zacks Rank system showing a hold rating (#3). MSFT has a Forward P/E of 34.41, above the industry average of 30.81. The PEG ratio sits at 2.14, close to the industry average of 2.49.

The Computer – Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 102, in the top 41%. Top Zacks-ranked industries tend to outperform lower-ranked ones by 2 to 1. Investors can track stock metrics on Zacks.com for upcoming trading sessions.



Read more at Nasdaq: Microsoft (MSFT) Rises Yet Lags Behind Market: Some Facts Worth Knowing