Stock Update: Microsoft Corporation (NASDAQ:MSFT) – Microsoft Sues DoJ Over Data Request Order (MSFT)

[at Investopedia] – Microsoft is fighting for customer privacy and its right to tell customers what it has turned over to law enforcement, Read more on this. Microsoft Corporation (MSFT) , with a current market cap of $440.91B, opened at $55.30. Looking at the equity, the company’s one day range is $55.12 to $55.92 with its 52-week range being $39.72 to $56.85. MSFT shares are currently priced at 20.13x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 20.70x forward p/e ratio. The company pays shareholders $1.44 per share in dividend income per year, for a current yield of 2.63%. 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 $2.75 is a $0.29 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 $22.11 Billion. If realized, that would be a 1.75% increase over the year-ago quarter. More 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 the stock is $58.80, which is 6.33% above where the stock opened this morning. See more in (NASDAQ:MSFT) Similar Articles: Company Update: Microsoft Corporation (NASDAQ:MSFT) – Microsoft sues U.S. government over secret customer data searches Company Update: Microsoft Corporation (NASDAQ:MSFT) – Microsoft’s underwater data center called its ‘most intriguing project’ in almost 40 years Stock Update: Microsoft Corporation (NASDAQ:MSFT) – MICROSOFT IS UP 10%: Here’s what a one-point move in MSFT does to the Dow