Company Update – Microsoft Corporation (NYSE:MSFT) – HP And Google Win As Microsoft Drops XP

Microsoft Corporation (NYSE:MSFT) [at Seeking Alpha] – Windows XP has been one of the leading operating systems in the world since it was released by Microsoft ( MSFT ) in 2001, but Microsoft announced that it will stop supporting the product as of April 2014. …
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Microsoft Corporation (MSFT), valued at $302.20B, started the session at $36.38.
 
Looking at the equity, the company’s one day range is $36.17 to $36.38 and has traded between $26.28 and $38.98 over the past 12 months.
 
Priced at 13.68x this year’s forecasted earnings, MSFT shares are relatively expensive compared to the industry’s -22.60x forward p/e ratio.
 
And for income investors, the company pays shareholders $1.12 per share annually in dividends, yielding 2.90%.
 
Consensus earnings for the current quarter by the 29 sell-side analysts covering the stock is an estimate of $0.69 per share, which would be $0.07 worse than the year-ago quarter and a $0.07 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $2.67 would be a $0.02 better when compared to the previous year’s annual results.
 
The quarterly earnings estimate is predicated on a consensus revenue forecast of $23.67 Billion. If reported, that would be a 10.30% increase over the year-ago quarter.
 
In terms of ratings, Stifel downgraded MSFT from Buy to Hold (Aug 13, 2013). Previously, Standpoint Research downgraded MSFT from Buy to Hold.
 
The average price target for MSFT shares by the analysts covering the stock is $36.42, which is 0.11% 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) .

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