[at CNNMoney.com] – Trying to get that last-minute Xbox One or PlayStation 4 before Santa visits your chimney? Good luck. The new video game consoles are in short supply, as Microsoft and Sony can’t seem to make the gadgets …
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Microsoft Corporation (MSFT), valued at $309.54B, began trading this morning at $36.74.
Looking at today’s market, MSFT one day range is $36.64 to $37.17 with a one year range of $26.28 to $38.98.
Microsoft (MSFT) shares are currently priced at 13.78x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s -19.37x earnings multiple for the same period.
And for income investors, the company pays shareholders $1.12 per share annually in dividends, yielding 3.00%.
According to a consensus of 29 analysts, the earnings estimate of $0.69 per share would be $0.07 worse than the year-ago quarter and a $0.07 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $2.67 is 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 0.87% below 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) .