Company Update: Microsoft Corporation (NASDAQ:MSFT) – Redmond wearables startup partners with Microsoft to make smart soccer shoes

[at American City Business Journals] – Redmond-based wearable technology company Sensoria is partnering with Microsoft to helps soccer teams collect players’ biometric data. Sensoria produces textile and traditional sensors and software, which allow manufacturers to create clothing to relay heart rate, activity, running form, wellness and fitness levels to a smartphone app in real time. Sensors embedded in players’ shoes will collect biometric data and, using Microsoft’s (MSFT) Azure cloud-platform, teams will be able to access a dashboard with charts and graphs to visualize information collected on the field. Read more on this. Microsoft Corporation (MSFT) , with a current market cap of $416.73B, opened at $52.74. Today’s price range has been between $52.07 and $53.49 per share with a one year range of $39.72 to $56.85. Priced at 19.58x this year’s forecasted earnings, MSFT shares are relatively expensive compared to the industry’s 13.42x forward p/e ratio. And for those looking to make a return holding the stock, 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. Furthermore, our analysis shows the full-year EPS estimate to be $2.76, which would be a $0.30 better when compared to the last year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $25.23 Billion. If reported, 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. When considering if the stock is under or overvalued, the average price target is $57.45, which is 8.93% above where the stock opened this morning. See more in (NASDAQ:MSFT) Similar Articles: Stock Update: Microsoft Corporation (NASDAQ:MSFT) – Smart money makes ‘stupid’ trade on Microsoft Company Update: Microsoft Corporation (NASDAQ:MSFT) – Microsoft (MSFT) Stock Up on New Financial Reporting Structure Market Update (NASDAQ:MSFT): Microsoft’s growing Redmond campus may get a multibillion dollar facelift