Company Update (NASDAQ:YHOO): So Marissa, What’s the Plan to Save Yahoo! This Time?

[at TheStreet] – Yahoo! needs a savior. But how much more time are investors willing to give Marissa Mayer to figure things out? Read more on this. Yahoo! Inc. (YHOO) , with a current value of $27.20B, started trading this morning at $29.32. Today’s price range has been between $28.70 and $29.40 per share and has traded between $27.20 and $46.17 over the past 12 months. Yahoo (YHOO) shares are currently priced at 50.12x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s 9.46x earnings multiple for the same period. Consensus earnings for the current quarter by the 36 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 $0.00 sequential decrease. The full-year EPS estimate is $0.59, which would be a $0.98 better than last year. The quarterly earnings estimate is predicated on a consensus revenue forecast of $1.19 Billion. If reported, that would be a 0.85% increase over the year-ago quarter. More recently, Pivotal Research Group upgraded YHOO from Hold to Buy (Jan 25, 2016). Previously, Mizuho downgraded YHOO from Buy to Neutral. When considering if the stock is under or overvalued, the average price target is $41.38, which is 41.13% above where the stock opened this morning. See more in (NASDAQ:YHOO) Similar Articles: Company Update: Yahoo! Inc. (NASDAQ:YHOO) – Marissa Mayer to Make Case That Yahoo Can Be Turned Around Stock Update (NASDAQ:YHOO): Why Does Marissa Mayer Need McKinsey to Make Sense of Yahoo!? Stock Update (NASDAQ:YHOO): Could Marissa Mayer Be on Her Way Out at Yahoo!?