[at Seeking Alpha] – Yahoo! ( YHOO ) is one of the least understood investment opportunities in the technology space. Yahoo’s! future earnings are heavily dependent on a multitude of variables. I factored in the impact from …
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Yahoo! Inc. (YHOO), with a current value of $40.37B, started trading this morning at $39.96.
A quick look at the market, the company’s traded between $39.75 to $40.22 and has traded between $18.89 and $41.05 over the past 12 months.
YHOO shares are currently priced at 27.48x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 18.69x 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. What we find to be interesting is 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 predicated on a consensus revenue forecast of $1.20 Billion. If reported, 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.
The average price target for YHOO shares is $37.48, which is 6.21% 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) .