Yahoo! Inc. (NASDAQ:YHOO) is scheduled to post its quarterly earnings results on Tuesday, April 18th. The firm now has $52.00 target price on the digital content provider's stock.
Zacks Investment Research upgraded shares of Yahoo! Inc. In the current month, Pivotal Research has reportedly retained its Hold rating while boosting its price objective to $46. BGC Financial set a $49.00 target price on Yahoo! and gave the company a "buy" rating in a research note on Wednesday, January 25th. Finally, Morgan Stanley set a $47.00 price objective on shares of Yahoo! and gave the company a "neutral" rating in a research note on Thursday, February 2nd. Twenty-two research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. On average, equities research analysts forecast that Yahoo!
Shares of Yahoo! (NASDAQ:YHOO) traded up 0.51% during midday trading on Monday, reaching $47.14.
After a recent look, shares have been seen 11.56% from the 200-day moving average, and 2.91% from the 50-day moving average. Yahoo! has a 52-week low of $35.05 and a 52-week high of $47.42. The stock's market cap is $44.75 billion. Yahoo! also was the recipient of unusually large options trading activity on Monday. Yahoo! Stock traders acquired 328 put options on the stock. This is an increase of approximately 486% compared to the typical volume of 56 put options.
Yahoo! had a positive return on equity of 0.65% and a negative net margin of 4.15%. (NASDAQ:YHOO) during the first quarter, Holdings Channel reports. The digital content provider reported $0.25 EPS for the quarter, topping analysts' consensus estimates of $0.21 by $0.04. Yahoo! The business had revenue of $960.10 million for the quarter, compared to analysts' expectations of $1.38 billion. During the same quarter in the previous year, the business earned $0.13 earnings per share. The two sides agreed to cut the original $4.83 billion price tag by $350 million, after an ongoing investigation revealed almost 500 million Yahoo accounts were hacked in the previous two years. Inc. will post $0.68 earnings per share for the current fiscal year.
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In other news, CRO Lisa Utzschneider sold 920 shares of Yahoo! stock in a transaction dated Monday, January 23rd. The stock was sold at an average price of $46.52, for a total value of $31,773.16. Following the completion of the sale, the executive now directly owns 573,851 shares in the company, valued at $26,695,548.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last quarter, insiders have sold 2,577 shares of company stock valued at $114,928.
Several equities analysts have issued reports on YHOO shares. Norges Bank acquired a new stake in shares of Yahoo! during the fourth quarter valued at $259,119,000. Dowling & Yahnke LLC now owns 41,108 shares of the digital content provider's stock valued at $1,772,000 after buying an additional 485 shares during the period. Finally, Canyon Capital Advisors LLC raised its stake in shares of Yahoo! by 12.0% in the third quarter. Capstone Asset Management Co. now owns 66,090 shares of the digital content provider's stock valued at $2,848,000 after buying an additional 2,250 shares during the period.