What's Happening with msft
Microsoft Corporation (MSFT) is scheduled to report Quarter 3 numbers after the market close on October 27. Analysts forecast earnings of $0.20 per share for the quarter. During the same period last year the company earned $0.14, and the stock is up 37.1% on the year.
Technical Analysis
MSFT was recently trading at $216.23 down $16.63 from its 12-month high and $83.71 above its 12-month low. InvestorsObserver gives MSFT a 86 long-term technical score and a 92 short-term technical score. The stock has recent support above $200.39 and recent resistance below $231.65. Of the 22 analysts who cover the stock 18 rate it Strong Buy, 2 rate it Buy, 2 rate it Hold, 0 rate it Sell, and 0 rate it Strong Sell, MSFT gets an overall score of 77 from InvestorsObserver.
Analysts' Thoughts
MSFT has shown annual earnings growth of 14.97% over the last five years, and looking ahead analysts expect the company to grow profits 18.17% per annum the next five years. Last quarter the company posted better than expected EPS and this quarter the street expects $0.20 EPS. MSFT is currently trading at $216.23 with an average price target of $230.72.