[at New York Times] – It’s an interesting claim, anyway. Microsoft has long been in thrall to the Windows operating system and its associated products. Now, says the head of its cloud business, it must put new technology first, …
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Microsoft Corporation (MSFT), valued at $276.05B, opened this morning at $33.32.
Shares have traded today between $33.01 and $33.33 per share with a trailing 52-week range being $26.26 to $36.43.
MSFT shares are currently priced at 12.24x this year’s forecasted earnings,
which makes them relatively expensive compared to the industry’s -11.33x earnings multiple for the same period.
And for dividend hunters, the company pays shareholders $1.12 per share annually in dividends, yielding 3.30% .
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. In looking at the bigger picture, the full-year EPS estimate of $2.72 would be a $0.07 improvement when compared to the previous year’s annual results.
The quarterly earnings estimate is predicated on a consensus revenue forecast of $17.83 Billion. If reported, that would be a 11.37% increase over the year-ago quarter.
More recently, 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.
The average price target for MSFT shares is $34.44, which is 3.36% 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) .