113.19 -0.02 (-0.02%)
After hours: 5:19PM EDT
|Bid||113.16 x 1800|
|Ask||113.19 x 1000|
|Day's Range||111.73 - 113.69|
|52 Week Range||72.92 - 113.73|
|PE Ratio (TTM)||53.15|
|Earnings Date||Oct 24, 2018 - Oct 29, 2018|
|Forward Dividend & Yield||1.68 (1.48%)|
|1y Target Est||121.64|
Like virtually every other major tech company, Microsoft is currently on a mission to bring machine learning to all of its applications. "Many people, when they talk about CRM, or ERP of old, they referred to them as systems of oppression, they captured data," said Alysa Taylor, Microsoft corporate VP for business applications and industry.
The stock market rebounded Tuesday, shrugging off the latest moves in the U.S.-China trade war. The Dow Jones industrial average climbed 0.7%, at one point reaching the highest level since Jan. 31. Dow component Microsoft rallied 1% after Oppenheimer raised the price target to 127 from 120.
Just two blocks away from where Salesforce.com Inc. will celebrate its gigantic Dreamforce conference next week, Microsoft Corp. played frontrunner Tuesday morning, announcing new additions to its Salesforce rival that focus on artificial intelligence and mixed reality.
Microsoft Corp. rolled out new features for sales and customer-service software that make use of artificial intelligence and its HoloLens augmented reality goggles, stepping up competition with Salesforce.com Inc.
(Note:The author of this fundamental analysis is a financial writer and portfolio manager.) Microsoft Corp.'s ( MSFT) stock has soared by more than 33% this year, far outpacing the S&P 500, and the stock may keep on rising.
When it comes to the chip space, much of the attention has been on Advanced Micro Devices (NASDAQ:AMD) lately, whose stock has been on a powerful bull run. Note that last week Needham analyst Rajvindra Gill published a report, which included an increase in the price target from $325 to $350. This implies 27% upside for Nvidia stock.
Accenture (ACN) has extended its alliance with SAP to build a SAP S/4HANA Cloud solution, which could be extremely useful to oil and gas companies. Oil and gas companies can gain access to the new SAP S/4HANA Cloud solution through public and private cloud platforms. The new solution could help oil and gas companies reduce operational expenses through proper implementation of cloud technology.
Regular readers know I am no fan of Oracle (NYSE:ORCL). Oracle stock has won some battles on behalf of proprietary software, but it is slowly losing the war. Even its Oracle Cloud, for which it had high hopes, lacks the scale and flexibility to compete.
If you believe history is bound to repeat, Microsoft (NASDAQ:MSFT) may have something to say to its shareholders Tuesday. According to broker Stifel, Microsoft’s friendly dividend trend implies an increase in the neighborhood of 10% to 15%. As stated prior, it’s likely the cat is out of the bag already regarding MSFT’s payout stream to its shareholders.
On September 12, IBM was trading at a forward PCF (price-to-cash-flow) multiple of 7.67x, which is a discount of 7.3% to its trailing 12-month PCF multiple. In contrast, Microsoft (MSFT), Oracle (ORCL), and Cisco (CSCO) had forward PCF multiples of 17.26x, 11.95x, and 13.75x, respectively. The higher cash flow has made the PCF multiple lower.
Palo Alto Networks’ (PANW) billings have continued to grow in the last five quarters, driven by strong overall bookings growth. As shown in the graph below, it has also maintained a strong bill-to-revenue ratio above 1.0x, which is a healthy sign for the company’s business. The ratio indicates that the company is winning a huge number of deals, which could drive its future revenue.
Last night, well after the day's final bell had chimed out loud at 11 Wall Street, the Trump administration pulled the trigger on the next round of tariffs aimed at bringing the Chinese government closer to the U.S. position on trade. On September 24th, which is next Monday, the United States will implement a 10% tax on $200 billion worth of imports from China. President Trump was frank ahead of the announcement.