Marissa Mayer’s Awesome Content Strategy Fuels Yahoo! Optimism – Yahoo! Inc. (NASDAQ:YHOO)

Yahoo! Inc. (NASDAQ:YHOO)

[at TheStreet] – That’s an excerpt from a Forbes interview with former New York Times tech columnist, David Pogue. and, I can only assume, his “new boss,” somewhere along the food chain, reports directly to Marissa Mayer.
Read more on this.

Yahoo! Inc. (YHOO), currently valued at $34.37B, began trading this morning at $33.33.

Looking at today’s market, YHOO one day range is $32.93 to $33.48 with its 52-week range being $16.60 to $35.06.

YHOO shares are currently priced at 22.72x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 23.08x earnings multiple for the same period.

In a review of the consensus earnings estimate this quarter, 26 sell-side analysts are looking at $0.38 per share, which would be $0.06 better than the year-ago quarter and a $0.03 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $1.46 would be a $0.29 improvement when compared to the previous year’s annual results.

The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $1.20 Billion. If realized, that would be a 1.64% decrease over the year-ago quarter.

In terms of ratings, CRT Capital Initiated YHOO at Fair Value (Sep 19, 2013).
Previously, Needham downgraded YHOO from Buy to Hold.

When considering if perhaps the stock is under or overvalued, the average price target is $34.85, which is 4.56% above where the stock opened this morning.

Yahoo! Inc. (NASDAQ:YHOO), is a global internet services company that operates the Yahoo! Internet portal. It provides varied products and content, from email and search to media streaming and downloads. Its main revenue sources come from advertising and marketing services. The company was founded in 1994 and is headquartered in Sunnyvale, California.

Tag Helper ~ Stock Code: YHOO | Common Company name: Yahoo | Full Company name: Yahoo! Inc. (NASDAQ:YHOO) .

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