Stock Update (NASDAQ:YHOO): What Are Analysts’ Recommendations for Yahoo?

[Market Realist] – Out of 43 analysts covering Yahoo, 26 have “buy” recommendations, none have “sell” recommendations, and 17 have “hold” recommendations on the stock. Read more on this. Yahoo! Inc. (YHOO) , with a current value of $26.92B, started the session at $28.98. A quick look at the market, the company’s stock traded between $27.44 and $29.01 with its 52-week range being $27.20 to $50.32. Priced at 50.41x this year’s forecasted earnings, YHOO shares are relatively expensive compared to the industry’s 12.46x forward p/e ratio. According to a consensus of 36 analysts, the earnings estimate of $0.13 per share would be $0.17 worse than the year-ago quarter and a $0.00 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $0.59, which would be a $0.98 worse when compared to the last year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $1.19 Billion. If realized, that would be a 0.85% increase over the year-ago quarter. More recently, Mizuho downgraded YHOO from Buy to Neutral (Oct 21, 2015). Previously, Bernstein upgraded YHOO from Mkt Perform to Outperform. Given all the information above, we should disclose to readers that the average price target is $42.33, which is 46.07% above than it opened this morning. See more in (NASDAQ:YHOO) Similar Articles: Stock Update: Yahoo! Inc. (NASDAQ:YHOO) – No “Sell” Recommendations from Analysts for Yahoo Stock Update: Yahoo! Inc. (NASDAQ:YHOO) – What to Expect When Yahoo! (YHOO) Reports Earnings Today Stock Update: Yahoo! Inc. (NASDAQ:YHOO) – Yahoo!, Inc. (Nasdaq: YHOO) to Ring The Nasdaq Stock Market Opening Bell