Microsoft Corporation (NASDAQ:MSFT) – San Bernardino County Sheriff’s Department chooses Microsoft Office 365 and Windows 8.1 tablets

Microsoft Corporation (NASDAQ:MSFT) [PR Newswire] – REDMOND, Wash., May 6, 2014 /PRNewswire/ — The San Bernardino County, Calif., Sheriff’s Department has chosen Microsoft Office 365 to put the department on a single, always-up-to-date technology platform. By taking advantage of Microsoft’s cloud services, the sheriff’s department expects to save money, help ensure compliance with security and privacy regulations from the FBI, and enable mobile workers on the front lines of the geographically largest county in the United States. Once Office 365 is fully implemented, it will provide law enforcement officers and support staff with a secured, compliant way to collaborate with each other across 60 locations. Office 365 can also enable the department to better respond to citizen needs, investigate crimes and carry out administrative tasks, in addition to providing better disaster preparedness and quicker, more informed incident response.
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Microsoft Corporation (MSFT), valued at $323.97B, began trading this morning at $39.30.
 
Shares have traded today between $39.14 and $39.35 per share and has traded between $30.84 and $41.66 over the past 12 months.
 
Microsoft (MSFT) shares are currently priced at 14.60x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s -1.68x earnings multiple for the same period.
 
And for dividend hunters, the company pays shareholders $1.12 per share annually in dividends, yielding 2.80%.
 
Consensus earnings for the current quarter by the 13 sell-side analysts covering the stock is an estimate of $0.60 per share, which would be $0.06 worse than the year-ago quarter and a $0.07 sequential decrease. The full-year EPS estimate is $2.70 which would be a $0.05 better than last year’s full-year earnings.
 
The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $22.94 Billion. If realized, that would be a 15.10% increase over the year-ago quarter.
 
In terms of ratings, Deutsche Bank upgraded MSFT from Hold to Buy (Jan 23, 2014). Previously, Barclays upgraded MSFT from Equal Weight to Overweight.
 
Given all the information above, we should disclose to readers that the average price target is $41.31, which is 5.11% above than it opened this morning.
 
Summary (NASDAQ:MSFT) :  Microsoft Corporation develops, licenses, and supports software, services, and hardware devices. Its Windows division offers Windows operating system; Windows Services suite of applications and Web services, including Outlook.com and SkyDrive; Surface RT and Pro devices; and PC accessories. The company’s Server and Tools division provides server software, cloud-based services, and solutions; and training and certification to developers and information technology professionals, as well as builds standalone and software development lifecycle tools for software architects, developers, testers, and project managers. Its products include Windows Server operating systems, Windows Azure, Microsoft SQL Server, Windows Intune, Windows Embedded, Visual Studio, System Center products, Microsoft consulting services, and Premier product support services. The company’s Online Services division offers online information and content, including Bing, Bing Ads, and MSN. Its Microsoft Business division provides software and online services, such as Microsoft Office system consisting of Microsoft Office, SharePoint, Exchange, Lync, Yammer, and Microsoft Office project and office Visio; and Microsoft Dynamics business solutions, including Microsoft Dynamics ERP and Dynamics CRM, as well as Microsoft Office Web Apps and Microsoft Office 365, which are online service offerings. The company’s Entertainment and Devices division offers products and services designed to entertain and connect people. Its products include Xbox entertainment platform, including Xbox 360 gaming and entertainment console, Kinect for Xbox 360, Xbox 360 video games, and Xbox 360 accessories; Xbox LIVE; Skype; and Windows Phone. The company markets and distributes its products through original equipment manufacturers, distributors, and resellers, as well as online. It has a strategic partnership with DocuSign, Inc. and Ooyala. Microsoft Corporation was founded in 1975 and is headquartered in Redmond, Washington.
 
Tag Helper ~ Stock Code: MSFT | Common Company name: Microsoft | Full Company name: Microsoft Corporation (NASDAQ:MSFT) .

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