Trending Large Cap Stocks Alert: Microsoft Corporation (MSFT), Micron

The stock has a market cap of $423.68 billion and a PE ratio of 35.7926. The firm’s revenue was down 6.6% on a year-over-year basis.

(MSFT) rose 6% after-hours Thursday after the company beat earnings expectations but missed on revenue.

Despite beating analysts’ earnings-per-share estimates, the stock plunged following earnings in January, spiked significantly higher in reaction to earnings in April and traded lower following earnings in July. Last quarter, the software giant posted a significant positive earnings surprise of 10.71%, reporting EPS of $0.62, $0.06 better than the Street’s consensus estimate of $0.56. Global Equities Research has “Overweight” rating and $50 price target.

The same research brokerages expect the quarterly earnings for the current period to reach $0.7. Morgan Stanley upped their target price on shares of Microsoft from $46.00 to $51.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 8th. Finally, Zacks lowered shares of Microsoft from a “hold” rating to a “sell” rating in a report on Tuesday, October 13th.

Microsoft demonstrated “continued progress on the transitional journey to the cloud (and way past the PC)” in Q1, UBS analyst Brent Thill said in a research note Thursday. The firm has a 50 day moving average price of $45.15 and a 200 day moving average price of $45.52. Stockholders of record on Thursday, November 19th will be given a dividend of $0.36 per share.

Since April 28, 2015, the stock had 0 buys, and 8 insider sales for $658.05 million net activity. Microsoft presently has a consensus rating of “Hold” and a consensus price target of $51.49. Cook & Bynum Capital Management Llc is another quite bullish fund who is possessing 717,081 shares of Microsoft Corporation or 22% of their fund portfolio.

Microsoft Corporation is engaged in developing, licensing and supporting a range of software services and products. The Organization operates in five segments: Devices and Consumer (NASDAQ:MSFT) Licensing, D&C Hardware, D&C Other, Commercial Licensing, and Commercial Other. The Company designs and sells hardware, and delivers online advertising to the consumers. The company has the market capitalization of $32.82 billion. The Company’s Cable Network Programming segment comprises of the production and licensing of programming distributed primarily through cable television systems, direct broadcast satellite operators, telecommunication companies and online video distributors. It also provides cloud-based solutions offering customers with services, software and content over the Web by means of shared computing resources located in data centers that are centralized. It offers solution support services and product and consulting.