Company Update: Yahoo! Inc. (NASDAQ:YHOO) – Fantasy Football: Yahoo’s Time To Catch The Ball Of Profit

Yahoo! Inc. (NASDAQ:YHOO) [at Seeking Alpha] – This is my favorite time of year… not because of the holidays, vacation, or even new year. It’s because it’s Fantasy Football playoff time . What does this mean for your stock portfolio? More than you …
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Yahoo! Inc. (YHOO), currently valued at $40.29B, began trading this morning at $39.53.
 
Looking at the equity, the company’s one day range is $38.82 to $39.75 with a trailing 52-week range being $18.89 to $40.27.
 
YHOO shares are currently priced at 27.06x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 16.86x earnings multiple.
 

 
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. Investors should also note that the full-year EPS estimate of $1.46 is 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.
 
More recently, CRT Capital Initiated YHOO at Fair Value (Sep 19, 2013). Previously, Needham downgraded YHOO from Buy to Hold.
 
The average price target for YHOO shares by the analysts covering the stock is $36.38, which is 7.97% below 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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