Company Update: Microsoft Corporation (NASDAQ:MSFT) – Microsoft to introduce ad-blocker in Edge web browser – ZDNet

[Reuters] – REUTERS – Microsoft Corp is planning to introduce an in-built ad blocker into the next version of the Microsoft Edge web browser, tech website ZDNet reported, citing a slide from the company’s developer … Read more on this. Microsoft Corporation (MSFT) , with a current market cap of $437.38B, opened this morning at $54.95. Looking at the equity, the company’s one day range is $54.82 to $55.40 with its 52-week range being $39.72 to $56.85. MSFT shares are currently priced at 19.95x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 17.40x earnings multiple for the same period. The company pays shareholders $1.44 per share in dividend income per year, for a current yield of 2.69%. 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 $0.04 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 $22.10 Billion. If reported, that would be a 1.70% increase over the year-ago quarter. Recently, Macquarie Initiated MSFT at Neutral (Mar 4, 2016). Previously, Morgan Stanley upgraded MSFT from Equal-Weight to Overweight. The average price target for MSFT shares by the analysts covering it is $58.73, which is 6.88% above where the stock opened. See more in (NASDAQ:MSFT) Similar Articles: Company Update: Microsoft Corporation (NASDAQ:MSFT) – Why Microsoft Just Bought More Minecraft Stock Update: Microsoft Corporation (NASDAQ:MSFT) – Microsoft launched a Chrome browser extension acknowledging Google’s dominance Stock Update: Microsoft Corporation (NASDAQ:MSFT) – MICROSOFT IS UP 10%: Here’s what a one-point move in MSFT does to the Dow