Company Update (NASDAQ:MSFT): Microsoft Windows 10 Reaches 200 Million Devices After 6 Months

[at Bloomberg] – Microsoft Corp.’s new Windows 10 operating system is running on more than 200 million devices, putting the software on course for the fastest growth trajectory of any previous version as the company faces … Read more on this. Microsoft Corporation (MSFT) , with a current market cap of $430.71B, started trading this morning at $54.33. Looking at the equity, the company’s one day range is $53.82 to $54.54 and has traded between $39.72 and $56.85 over the past 12 months. MSFT shares are currently priced at 20.17x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 12.55x forward p/e ratio. And for income investors, the company pays shareholders $1.44 per share annually in dividends, yielding 2.60%. In a review of the consensus earnings estimate this quarter, 27 sell-side analysts are looking at $0.71 per share, which would be $0.00 worse than the year-ago quarter and a $0.01 sequential decrease. Investors should also note that the full-year EPS estimate of $2.75 is a $0.29 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 $25.23 Billion. If realized, that would be a 4.68% decrease over the year-ago quarter. More recently, Goldman upgraded MSFT from Sell to Neutral (Dec 18, 2015). Previously, BofA/Merrill upgraded MSFT from Neutral to Buy. With the above information in mind, readers should note that the average price target is $57.00, which is 4.91% above where the stock opened this morning. See more in (NASDAQ:MSFT) Similar Articles: Market Update: Microsoft Corporation (NASDAQ:MSFT) – Microsoft Makes Windows 10 ‘Free Upgrades’ Worse Market Update: Microsoft Corporation (NASDAQ:MSFT) – Microsoft: 14 million devices are already running Windows 10 Company Update: Microsoft Corporation (NASDAQ:MSFT) – How Microsoft’s Windows 10 is like Coca-Cola Classic