Market Update: Microsoft Corporation (NASDAQ:MSFT) – Microsoft Apologizes After Twitter Chat Bot Experiment Goes Awry

[at Bloomberg] – Microsoft Corp. apologized after Twitter users exploited its artificial-intelligence chat bot Tay, teaching it to spew racist, sexist and offensive remarks in what the company called a “coordinated attack” … Read more on this. Microsoft Corporation (MSFT) , valued at $428.76B, started the session at $53.85. Looking at the stock, its one day range is $53.73 to $54.33 with the price of the stock fluctuating between $39.72 to $56.85 over the last 52 weeks. MSFT shares are currently priced at 19.64x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 17.40x earnings multiple. The company pays shareholders $1.44 per share in dividend income per year, for a current yield of 2.66%. Consensus earnings for the current quarter by the 29 sell-side analysts covering the stock is an estimate of $0.64 per share, which would be $0.03 better than the year-ago quarter and a $0.04 sequential decrease. The full-year EPS estimate is $2.76 which would be a $0.30 better than last year’s full-year earnings. 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 9.06% above where the stock opened. See more in (NASDAQ:MSFT) Similar Articles: Market Update: Microsoft Corporation (NASDAQ:MSFT) – Xbox chief apologizes after Microsoft hires half-naked dancers for event Market Update: Microsoft Corporation (NASDAQ:MSFT) – Microsoft Makes Windows 10 ‘Free Upgrades’ Worse Stock Update: Microsoft Corporation (NASDAQ:MSFT) – MICROSOFT IS UP 10%: Here’s what a one-point move in MSFT does to the Dow