Company Update (NASDAQ:MSFT): Microsoft Offers Tantalizing Glimpse Of HoloLens-Powered Super Bowl

[at Forbes] – Microsoft has released an exciting new concept video showing what it would be like to watch the Super Bowl with HoloLens. Read more on this. Microsoft Corporation (MSFT) , valued at $409.86B, started trading this morning at $52.00. During today’s session, MSFT traded between $52.00 to $53.39 and has traded between $39.72 and $56.85 over the past year. Priced at 18.76x this year’s forecasted earnings, MSFT shares are relatively expensive compared to the industry ’s 6.91x forward p/e ratio. And for dividend hunters, the company pays shareholders $1.44 per share annually in dividends, yielding 2.61%. In a review of the consensus earnings estimate this quarter, 29 sell-side analysts are looking at $0.65 per share, which would be $0.04 better than the year-ago quarter and a $0.04 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $2.78, which would be a $0.32 better when compared to the last year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $22.16 Billion. If realized, that would be a 1.98% increase over the year-ago quarter. More recently, Morgan Stanley upgraded MSFT from Equal-Weight to Overweight (Jan 13, 2016). Previously, BMO Capital Markets Initiated MSFT at to Outperform. The average price target for MSFT shares is $58.89, which is 13.25% above where the stock opened this morning. See more in (NASDAQ:MSFT) Similar Articles: Market Update: Microsoft Corporation (NASDAQ:MSFT) – Microsoft opens NY studio to showcase HoloLens headset Company Update: Microsoft Corporation (NASDAQ:MSFT) – Microsoft (MSFT) Stock Up on New Financial Reporting Structure Market Update: Microsoft Corporation (NASDAQ:MSFT) – One Reason Microsoft (MSFT) Stock Closed Up
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