Stock Update (NASDAQ:MSFT): There’s one key area that Microsoft CEO Satya Nadella hasn’t changed but probably should

[Business Insider] – Satya Nadella has been CEO of Microsoft for just over two years and has been credited for… Read more on this. Microsoft Corporation (MSFT) , with a current market cap of $405.99B, started trading this morning at $50.98. Today, shares have traded between $50.75 and $51.66 per share with a trailing 52-week range being $39.72 to $56.85. MSFT shares are currently priced at 19.29x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 6.98x 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 2.82%. According to a consensus of 28 analysts, the earnings estimate of $0.58 per share would be $0.02 worse than the year-ago quarter and a $0.09 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $2.67, which would be a $0.21 improvement when compared to the last year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $22.17 Billion. If reported, that would be a 0.05% decrease over the year-ago quarter. In terms of ratings, 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 is $57.73, which is 13.24% above where the stock opened this morning. See more in (NASDAQ:MSFT) Similar Articles: Stock Update: Microsoft Corporation (NASDAQ:MSFT) – How Microsoft CEO Satya Nadella plans to beat Amazon in the cloud Stock Update: Microsoft Corporation (NASDAQ:MSFT) – Microsoft Sues DoJ Over Data Request Order (MSFT) Company Update (NASDAQ:MSFT): Satya Nadella gave us a startling reminder of Microsoft’s global power