[at Minyanville] – CEO Marissa Mayer is allegedly pushing for Yahoo to become the search engine that’s shippped with Apple’s mobile devices, including iPads. But is that really feasible?
Read more on this.
Yahoo! Inc. (YHOO), currently valued at $36.51B, started trading this morning at $36.27.
Today, shares have traded between $35.73 and $36.35 per share with a trailing 52-week range being $22.70 to $41.72.
YHOO shares are currently priced at 22.44x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 44.34x earnings multiple for the same period.
According to a consensus of 28 analysts, the earnings estimate of $0.38 per share would be $0.03 better than the year-ago quarter and a $0.01 sequential decrease. Investors should also note that the full-year EPS estimate of $1.62 is a $0.10 better when compared to the previous year’s annual results.
The quarterly earnings estimate is predicated on a consensus revenue forecast of $1.08 Billion. If reported, that would be a 0.93% increase over the year-ago quarter.
In terms of ratings, Gabelli & Co upgraded YHOO from Hold to Buy (Apr 16, 2014). Previously, Gabelli & Co downgraded YHOO from Buy to Hold.
The average price target for YHOO shares by the analysts covering it is $41.92, which is 15.58% above where the stock opened.
Summary (NASDAQ:YHOO) : Yahoo! Inc. operates as a technology company worldwide. The company offers search products, including Yahoo Search that serves as a starting point to navigate the Internet and discover information; and Yahoo Answers, which enables users to seek, discover, and share knowledge and opinions across mobile phones, tablets, and desktop. It also provides communications products, such as Yahoo Mail that connects users to the people and things; Yahoo Messenger, an instant messaging service; and Yahoo Groups, which enables users to join groups based on shared interests and involvements. In addition, the company offers digital magazines comprising Yahoo.com that brings together the relevant content; My Yahoo, a customizable homepage; Yahoo Weather, which provides users with weather conditions and information for various cities and locations; Yahoo News that offers news through text, photos, and video; Yahoo Sports, which serves audiences of digital sports enthusiasts; Yahoo Finance that offers financial data, information, and tools, which facilitate users to make financial decisions; and Yahoo Entertainment and Lifestyles, a collection of properties focused on various trends and information in culture, womens issues, and media. Further, it provides original, premium, and third-party news, finance, sports, entertainment, and lifestyle video content through various Yahoo properties, including Yahoo Screen and Yahoo Smart TV; Flickr, a Web and mobile photo management and sharing service; and Tumblr that offers a Web service and mobile applications, which facilitate users to create and share content of various kinds. Additionally, the companys advertiser offerings include Search Advertising, Native Advertising, Yahoo Audience Ads, Yahoo Premium Ads, and Yahoo Video; and ad platforms comprise Yahoo Ad Manager, Yahoo Ad Manager Plus, and Yahoo Ad Exchange. It has approximately 800 million monthly users. Yahoo! Inc. 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) .