Market Update (NASDAQ:YHOO): Yahoo Facing A ‘Take Under’ As Facebook Deal Rumored, Products Cut

[at Investor’s Business Daily] – Yahoo (YHOO) could be facing a “take-under” — a buyout price lower than market value — from any of a number of private equity firms that might then dismantle the troubled Web company, an analyst … Read more on this. Yahoo! Inc. (YHOO) , valued at $33.58B, started the session at $35.00. Shares have traded today between $35.00 and $36.10 per share with a trailing 52-week range being $26.15 to $46.17. YHOO shares are currently priced at 66.36x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 20.60x earnings multiple. Consensus earnings for the current quarter by the 35 sell-side analysts covering the stock is an estimate of $0.07 per share, which would be $0.08 worse than the year-ago quarter and a $0.07 sequential decrease. The full-year EPS estimate is $0.53 which would be a $0.06 worse than last year’s full-year earnings. The quarterly earnings estimate is predicated on a consensus revenue forecast of $1.08 Billion. If reported, that would be a 12.20% decrease over the year-ago quarter. Recently, Citigroup upgraded YHOO from Neutral to Buy (Feb 4, 2016). Previously, Rosenblatt downgraded YHOO from Neutral to Sell. The average price target for YHOO shares is $37.62, which is 7.49% above where the stock opened this morning. See more in (NASDAQ:YHOO) Similar Articles: Market Update: Yahoo! Inc. (NASDAQ:YHOO) – Here’s Why Yahoo (YHOO) Stock Closed Up Today Company Update: Yahoo! Inc. (NASDAQ:YHOO) – Yahoo (YHOO) Stock Edges Up After Shutting Down Several Products Market Update: Yahoo! Inc. (NASDAQ:YHOO) – Lexus Revs Up Basketball Fans with New Campaign on Yahoo Sports and Launches Bracket Challenge
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