Company Update: Yahoo! Inc. (NASDAQ:YHOO) – Yahoo sees heavy put volume

[optionMONSTER] – Yahoo traders are guarding against a drop. optionMONSTER’s Depth Charge market scanner detected the purchase of 25,000 January 31.50 puts for $0.20 and the sale of an equal number of January 30 puts for … Read more on this. Yahoo! Inc. (YHOO) , with a current value of $31.73B, started trading this morning at $33.22. During the trading session, YHOO traded between $33.18 to $33.63 and has traded between $27.20 and $50.78 over the past year. YHOO shares are currently priced at 57.69x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 12.56x forward p/e ratio. Consensus earnings for the current quarter by the 37 sell-side analysts covering the stock is an estimate of $0.13 per share, which would be $0.17 worse than the year-ago quarter and a $0.07 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. Recently, Mizuho downgraded YHOO from Buy to Neutral (Oct 21, 2015). Previously, Bernstein upgraded YHOO from Mkt Perform to Outperform. The average price target for YHOO shares is $42.72, which is 28.60% above where the stock opened this morning. See more in (NASDAQ:YHOO) Similar Articles: Market Update: Yahoo! Inc. (NASDAQ:YHOO) – Yahoo: An Activist Investment Analysis (YHOO) Company Update: Yahoo! Inc. (NASDAQ:YHOO) – Yahoo! (YHOO) Stock Pops on Alibaba’s Strong Earnings Company Update: Yahoo! Inc. (NASDAQ:YHOO) – Yahoo! (YHOO) Stock Bounces Back on Analyst Upgrade