[at Seeking Alpha] – In my previous article, I explored the potential impact of SteamOS on Microsoft’s ( MSFT ) Windows OS, along with implications for consoles. In this article I will explain why I feel Advanced Micro Devices …
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Microsoft Corporation (MSFT), with a current market cap of $278.03B, opened this morning at $33.34.
During today’s session, MSFT traded between $33.30 to $33.61 with a one year range of $26.26 to $36.43.
MSFT shares are currently priced at 12.19x this year’s forecasted earnings,
which makes them relatively expensive compared to the industry’s -11.64x earnings multiple.
And for those looking to make a return holding the stock, the company pays shareholders $1.12 per share annually in dividends, yielding 3.40% .
Consensus earnings for the current quarter by the 30 sell-side analysts covering the stock is an estimate of $0.55 per share, which would be $0.02 better than the year-ago quarter but a $0.13 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $2.73 is $0.08 better when compared to the previous year’s annual results.
The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $17.84 Billion. If realized, that would be a 11.43% increase over the year-ago quarter.
Stifel downgraded (MSFT) from Buy to Hold (Aug 13, 2013).
Previously, Standpoint Research downgraded (MSFT) from Buy to Hold. Standpoint Research upgraded (MSFT) from Hold to Buy.
Investors should keep in mind is that the average price target is $34.55, which is 3.63% above where the stock opened this morning.
Microsoft Corporation (NYSE:MSFT), develops, licenses, and supports software, services, and hardware devices worldwide.
Its is most well known for it’s many Microsoft Operating System, numerous Office Programs, Bing and the various Xbox gaming systems.
Tag Helper ~ Stock Code: MSFT | Common Company name: Microsoft | Full Company name: Microsoft Corporation (NYSE:MSFT) .