Company Update (NASDAQ:MSFT): Microsoft Slams Apple And Believes The Surface Pro Beats iPad Pro

[at Forbes] – Which is better, the iPad Pro or the Surface Pro 4? Naturally Microsoft believes the latter is the winner, and its argument is clear. The iPad Pro is little more than an oversized companion device, while the Surface is the only game in town that will do everything. Is it right? Read more on this. Microsoft Corporation (MSFT) , valued at $412.50B, opened this morning at $53.86. Looking at the equity, the company’s one day range is $51.30 to $54.07 and has traded between $39.72 and $56.85 over the past year. MSFT shares are currently priced at 19.12x this year’s forecasted earnings, which makes them 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 2.75%. According to a consensus of 28 analysts, the earnings estimate of $0.71 per share 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 $2.76 is a $0.30 better 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 $25.24 Billion. If realized, that would be a 4.65% decrease over the year-ago quarter. Recently, Morgan Stanley upgraded MSFT from Equal-Weight to Overweight (Jan 13, 2016). Previously, BMO Capital Markets Initiated MSFT at to Outperform. With the above information in mind, readers should note that the average price target is $57.63, which is 7.00% above where the stock opened this morning. See more in (NASDAQ:MSFT) Similar Articles: Market Update (NASDAQ:MSFT): A Microsoft Surface Phone Will Not Be Enough Market Update: Microsoft Corporation (NASDAQ:MSFT) – Microsoft’s first-ever laptop Surface Book sells out before launch Company Update: Microsoft Corporation (NASDAQ:MSFT) – Why the Microsoft Surface Pro 4 Could Be a Huge Leap Forward