Company Update (NASDAQ:MSFT): Satya Nadella gave us a startling reminder of Microsoft’s global power

[Business Insider] – A few years ago, Silicon Valley and Wall Street saw Microsoft as irrelevant and perhaps… Read more on this. Microsoft Corporation (MSFT) , valued at $436.95B, opened at $55.41. Today, shares have traded between $55.00 and $55.66 per share with a one year range of $39.72 to $56.85. MSFT shares are currently priced at 20.13x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 17.35x earnings multiple for the same period. And for income investors, the company pays shareholders $1.44 per share annually in dividends, yielding 2.59%. 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 $0.04 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 $22.10 Billion. If realized, 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. Investors should keep in mind is that the average price target is $58.80, which is 6.12% above where the stock opened this morning. See more in (NASDAQ:MSFT) Similar Articles: Company Update (NASDAQ:MSFT): Other than cloud, look for this on MSFT earnings Market Update: Microsoft Corporation (NASDAQ:MSFT) – Microsoft Announces Surface Pro Power Cable Recall Program Company Update (NASDAQ:MSFT): Microsoft: An Activist Investment Analysis (MSFT)