Stock Update: Microsoft Corporation (NASDAQ:MSFT) – How Microsoft CEO Satya Nadella plans to beat Amazon in the cloud

[Business Insider] – Microsoft on Thursday said that its cloud computing revenue is on a “run rate” of more $10… Read more on this. Microsoft Corporation (MSFT) , valued at $441.18B, opened this morning at $55.58. Looking at the stock, its one day range is $55.42 to $56.23 with its 52-week range being $39.72 to $56.85. Microsoft (MSFT) shares are currently priced at 20.21x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 16.23x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $1.44 per share annually in dividends, yielding 2.55%. 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 $0.05 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $2.75, which would be a $0.29 improvement when compared to the last year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $22.09 Billion. If realized, that would be a 1.66% 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. When considering if the stock is under or overvalued, the average price target is $58.89, which is 5.96% above where the stock opened this morning. See more in (NASDAQ:MSFT) Similar Articles: Stock Update: Microsoft Corporation (NASDAQ:MSFT) – Microsoft Stock Still a Buy on Cloud Momentum (MSFT) Company Update (NASDAQ:MSFT): Satya Nadella gave us a startling reminder of Microsoft’s global power Stock Update: Microsoft Corporation (NASDAQ:MSFT) – Analyst: 2016 will be a ‘206 area code street battle for the cloud’ and Microsoft could beat Amazon