Stock Update: Microsoft Corporation (NASDAQ:MSFT) – Options Insight: How to Play Microsoft

[at Bloomberg] – Recon Capital Partners’ Kevin Kelly discusses his options strategy for Microsoft with Bloomberg’s Julie Hyman on “Bloomberg Markets.” (Source: Bloomberg) Read more on this. Microsoft Corporation (MSFT) , with a current value of $389.77B, started the session at $49.00. Looking at today’s trading action, the company’s one day range from $48.67 to $50.24 and has traded between $39.72 and $56.85 over the past year. MSFT shares are currently priced at 17.90x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s 6.91x forward p/e ratio. The company pays shareholders $1.44 per share annually in dividends, yielding 2.87%. 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. The full-year EPS estimate is $2.76 which would be a $0.30 improvement than last year’s full-year earnings. The quarterly earnings estimate is predicated on a consensus revenue forecast of $22.09 Billion. If reported, that would be a 1.66% increase over the year-ago quarter. Recently, Morgan Stanley upgraded MSFT from Equal-Weight to Overweight (Jan 13, 2016). Previously, BMO Capital Markets Initiated MSFT at to Outperform. Investors should keep in mind is that the average price target is $58.89, which is 20.18% above where the stock opened this morning. See more in (NASDAQ:MSFT) Similar Articles: Stock Update: Microsoft Corporation (NASDAQ:MSFT) – Microsoft Earnings: Cloud Growth Shines Through As PC sales Play Spoil Sports Company Update: Microsoft Corporation (NASDAQ:MSFT) – A Microsoft Options Trade That Didn’t Work — What You Can Learn From It Market Update: Microsoft Corporation (NASDAQ:MSFT) – One Reason Microsoft (MSFT) Stock Closed Up