Market Update (NASDAQ:MSFT): Has Microsoft Become the Ultimate Value Stock? (MSFT)

[at Investopedia] – Despite its shares surging more than 23% and 32% in the respective six months and twelve months, Microsoft remains an ultimate value stock. Read more on this. Microsoft Corporation (MSFT) , valued at $433.41B, started the session at $53.58. Looking at the equity, the company’s one day range is $53.45 to $54.86 and has traded between $39.72 and $56.85 over the past 12 months. Priced at 19.40x this year’s forecasted earnings, MSFT shares are relatively expensive compared to the industry’s 17.40x forward p/e ratio. And for those looking to make a return holding the stock, the company pays shareholders $1.44 per share annually in dividends, yielding 2.66%. 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. What we find to be interesting is that the full-year EPS estimate of $2.76 is a $0.30 better 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. Given all the information above, we should disclose to readers that the average price target is $58.73, which is 9.61% above than it opened this morning. See more in (NASDAQ:MSFT) Similar Articles: Stock Update: Microsoft Corporation (NASDAQ:MSFT) – Microsoft (MSFT) Stock Rallies on Bullish Coverage, Making its Own SIM Card Market Update: Microsoft Corporation (NASDAQ:MSFT) – RBC Likes Microsoft, Says Stock Now Worth $65 Stock Update: Microsoft Corporation (NASDAQ:MSFT) – MICROSOFT IS UP 10%: Here’s what a one-point move in MSFT does to the Dow