Stock Update: Microsoft Corporation (NASDAQ:MSFT) – Microsoft employees took to an anonymous chat app to rejoice after their COO left

[Business Insider] – How do Microsoft employees feel about the departure of long-time COO Kevin Turner? Pretty happy… Read more on this. Microsoft Corporation (MSFT) , valued at $411.10B, began trading this morning at $51.73. During today’s session, MSFT traded between $51.55 to $52.36 and has traded between $39.72 and $56.85 over the past 12 months. MSFT shares are currently priced at 19.24x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s -1.36x earnings multiple for the same period. The company pays shareholders $1.44 per share in dividend income per year, for a current yield of 2.80%. Consensus earnings for the current quarter by the 29 sell-side analysts covering the stock is an estimate of $0.58 per share, which would be $0.02 worse than the year-ago quarter and a $0.08 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $2.67, which would be a $0.21 better 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 $22.15 Billion. If realized, that would be a 0.14% 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. When considering if the stock is under or overvalued, the average price target is $58.13, which is 12.37% above where the stock opened this morning. See more in (NASDAQ:MSFT) Similar Articles: Stock Update: Microsoft Corporation (NASDAQ:MSFT) – Assessing Asset Bubbles: Microsoft in 2001 vs. Today (MSFT) Stock Update: Microsoft Corporation (NASDAQ:MSFT) – Microsoft Sues DoJ Over Data Request Order (MSFT) Market Update: Microsoft Corporation (NASDAQ:MSFT) – Microsoft Apologizes After Twitter Chat Bot Experiment Goes Awry