Stock Update: Microsoft Corporation (NASDAQ:MSFT) – Why You Can’t Buy Microsoft’s Best Laptop

[at Fortune] – People would order up the Surface Book with 1TB flash drive, if only Microsoft would let them. Read more on this. Microsoft Corporation (MSFT) , valued at $404.09B, started trading this morning at $50.90. During today’s session, MSFT traded between $50.13 to $51.09 and has traded between $39.72 and $56.85 over the past year. MSFT shares are currently priced at 18.00x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s 6.67x earnings multiple for the same period. The company pays shareholders $1.44 per share annually in dividends, yielding 2.85%. In a review of the consensus earnings estimate this quarter, 28 sell-side analysts are looking at $0.64 per share, which would be $0.03 better than the year-ago quarter and a $0.05 sequential decrease. Investors should also note 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. More recently, Morgan Stanley upgraded MSFT from Equal-Weight to Overweight (Jan 13, 2016). Previously, BMO Capital Markets Initiated MSFT at to Outperform. When considering if perhaps the stock is under or overvalued, the average price target is $58.76, which is 15.44% above where the stock opened this morning. See more in (NASDAQ:MSFT) Similar Articles: Market Update: Microsoft Corporation (NASDAQ:MSFT) – Apple CEO: Microsoft’s first-ever laptop is ‘deluded’ Market Update: Microsoft Corporation (NASDAQ:MSFT) – Microsoft’s first-ever laptop Surface Book sells out before launch Company Update (NASDAQ:MSFT): Microsoft takes on Apple with first-ever laptop