Earnings is just around the corner for Microsoft Corporation (NASDAQ:MSFT) as the firm is slated to issue their report on 10/20/2016 4:30:00 PM. The firm has most recently posted quarter over quarter growth of 199.40% and sales growth of -7.10% quarter over quarter.
In terms of the trend lines, Microsoft Corporation (NASDAQ:MSFT) shares are currently -2.20% off of their 52-week high and 26.77% off from the 52-week low point. The stock is 7.64% from the 200-day moving average and -0.15% from the 50-day average. The Relative Strength Index for the stock stands at 49.99.
Increased volatility should be expected heading into and immediately after the Microsoft Corporation (NASDAQ:MSFT) earnings report. According to the most recent data, the average true range stands at 0.79 which is a measure of the most recent volatility. The number is an exponential 14-day moving average of the True Ranges (range of each trading day’s high and low). The average volatility for the week stands at 1.43% and 1.28% for the past month. The relative volume (ratio between current volume and 3-month average) stands at 1.16.
So is there any potential upside for the stock if Microsoft Corporation is able to meet or beat earnings? Analysts, on a consensus basis have a $59.87 on the stock, compared to a recent bid of $57.41. The average broker recommendation yields a score of 2.30, which is an integer based calculation from all of the buy, sell and hold recommendations from sell-side analysts.
Heading into the earnings report, 2.50% shares are held by company insiders. On the institutional front, 73.40% of Microsoft Corporation (NASDAQ:MSFT) are owned by firms or funds. Over the past few months, insider transactions have trended -11.90% while institutions saw a change of 0.03% in company stock.
Year to date, Microsoft Corporation (NASDAQ:MSFT) holders have seen returns of 4.70%. Over the past month the stock moved 1.17% and most recently shares over the past five trading days have moved -1.42%.