Stock Update (NASDAQ:MSFT): Facebook Q1 Eases Tech Woes After Apple, Microsoft, Alphabet Flop

[at Investor’s Business Daily] – During a tough earnings season for tech companies like Apple (AAPL), Alphabet (GOOGL), Microsoft (MSFT), Netflix (NFLX) and Twitter (TWTR), Facebook (FB) stood out from the pack Wednesday with a first-quarter … Read more on this. Microsoft Corporation (MSFT) , currently valued at $400.41B, opened this morning at $51.49. Looking at the equity, the company’s one day range is $50.55 to $51.50 and has traded between $39.72 and $56.85 over the past 12 months. Priced at 19.19x this year’s forecasted earnings, MSFT shares are relatively expensive compared to the industry’s 16.73x forward p/e ratio. And for dividend hunters, the company pays shareholders $1.44 per share annually in dividends, yielding 2.78%. According to a consensus of 30 analysts, the earnings estimate of $0.59 per share would be $0.01 worse than the year-ago quarter and a $0.11 sequential decrease. Investors should also note that the full-year EPS estimate of $2.68 is a $0.22 better when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $22.23 Billion. If reported, that would be a 0.23% increase over the year-ago quarter. Recently, Macquarie Initiated MSFT at Neutral (Mar 4, 2016). Previously, Morgan Stanley upgraded MSFT from Equal-Weight to Overweight. Investors should keep in mind is that the average price target is $57.86, which is 12.37% above where the stock opened this morning. See more in (NASDAQ:MSFT) Similar Articles: Market Update: Microsoft Corporation (NASDAQ:MSFT) – Microsoft And Facebook Say They’ve No Gender Pay Gap: Is This True? Market Update: Microsoft Corporation (NASDAQ:MSFT) – Microsoft Says It Backs Apple in Case Over Terrorist’s Phone Stock Update: Microsoft Corporation (NASDAQ:MSFT) – Microsoft (MSFT) Stock Rallies on Bullish Coverage, Making its Own SIM Card
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