[at TheStreet] – Consistently, one of the more popular stocks people enter into their stock options watchlist at Stock Options Channel is Microsoft Corporation . So this week we highlight one interesting put contract, …
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Microsoft Corporation (MSFT), valued at $311.30B, started trading this morning at $37.20.
Looking at today’s trading action, the company’s one day range from $36.90 to $37.38 with a trailing 52-week range being $26.28 to $38.98.
MSFT shares are currently priced at 11.58x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 8.62x earnings multiple.
And for dividend hunters, the company pays shareholders $1.12 per share annually in dividends, yielding 3.00%.
According to a consensus of 31 analysts, the earnings estimate of $0.57 per share would be $0.04 better than the year-ago quarter and a $0.11 sequential decrease. Investors should also note that the full-year EPS estimate of $2.77 is a $0.12 improvement 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 $17.93 Billion. If realized, that would be a 11.99% increase over the year-ago quarter.
Recently, 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 is $36.42, which is 2.10% 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) .