Company Update: Microsoft Corporation (NASDAQ:MSFT) – Tableau Tumbles On Microsoft Rivalry; Software Stocks Down Hard

[at Investor’s Business Daily] – Tableau Software (DATA) stock lost nearly half its value Friday, as investors reacted to weak first-quarter guidance late Thursday and the rise of Microsoft — and possibly Amazon.com — as a top rival … Read more on this. Microsoft Corporation (MSFT) , valued at $398.23B, opened at $51.94. Looking at today’s market, MSFT one day range is $50.29 to $51.99 and has traded between $39.72 and $56.85 over the past 12 months. MSFT shares are currently priced at 18.84x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s 6.91x forward p/e ratio. The company pays shareholders $1.44 per share in dividend income per year, for a current yield of 2.63%. In a review of the consensus earnings estimate this quarter, 29 sell-side analysts are looking at $0.64 per share, which would be $0.03 better than the year-ago quarter and a $0.05 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $2.76 would be a $0.30 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $22.09 Billion. If reported, that would be a 1.66% 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. When considering if perhaps the stock is under or overvalued, the average price target is $58.89, which is 13.38% above where the stock opened this morning. See more in (NASDAQ:MSFT) Similar Articles: Stock Update: Microsoft Corporation (NASDAQ:MSFT) – MICROSOFT IS UP 10%: Here’s what a one-point move in MSFT does to the Dow 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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