Market Update (NASDAQ:MSFT): Salesforce Expands Machine-Learning Service to Microsoft Outlook

[at Bloomberg] – Salesforce.com Inc. is taking another step forward in its partnership with Microsoft Corp., expanding integration with the Outlook e-mail program to help sales representatives streamline tasks such as … Read more on this. Microsoft Corporation (MSFT) , with a current value of $405.83B, started the session at $52.94. Today, shares have traded between $51.29 and $52.94 per share with a one year range of $39.72 to $56.85. Priced at 18.71x this year’s forecasted earnings, MSFT shares are relatively expensive compared to the industry’s 13.96x forward p/e ratio. And for passive income investors, the company pays shareholders $1.44 per share annually in dividends, yielding 2.77%. According to a consensus of 29 analysts, the earnings estimate of $0.64 per share would be $0.03 better than the year-ago quarter and a $0.05 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $2.76 is a $0.30 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 $22.08 Billion. If realized, that would be a 1.61% increase over the year-ago quarter. In terms of ratings, Macquarie Initiated MSFT at Neutral (Mar 4, 2016). Previously, Morgan Stanley upgraded MSFT from Equal-Weight to Overweight. When considering if the stock is under or overvalued, the average price target is $58.55, which is 10.60% above where the stock opened this morning. See more in (NASDAQ:MSFT) Similar Articles: Stock Update (NASDAQ:MSFT): Microsoft’s Xbox Live Experiencing Continuing Service Issues 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