Company Update – Yahoo! Inc. (NASDAQ:YHOO) – Hackers publish 2M stolen Facebook, Yahoo, Google passwords, BBC says

Yahoo! Inc. (NASDAQ:YHOO) [theflyonthewall.com] – Hackers have posted over two million stolen passwords for sites such as Facebook (FB), Google (GOOG), Yahoo (YHOO) and other web services, and though it is not known how old the details are, security experts …
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Yahoo! Inc. (YHOO), valued at $37.29B, began trading this morning at $36.30.
 
During today’s session, YHOO traded between $36.25 to $36.84 and has traded between $18.77 and $37.35 over the past year.
 
YHOO shares are currently priced at 25.35x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 13.26x forward p/e ratio.
 

 
Consensus earnings for the current quarter by the 26 sell-side analysts covering the stock is an estimate of $0.38 per share, which would be $0.06 better than the year-ago quarter and a $0.03 sequential decrease. The full-year EPS estimate is $1.46 which would be a $0.29 improvement than last year’s full-year earnings.
 
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.
 

 
Given all the information above, we should disclose to readers that the average price target is $35.59, which is 1.96% below than it 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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Twitter Digest: 2012-12-12
Read more on Yahoo! at Wikinvest

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