Company Update: Yahoo! Inc. (NASDAQ:YHOO) – Yahoo Releases the Largest-ever Machine Learning Dataset for Researchers

[Business Wire] – Yahoo Inc. today announced the public release of the largest-ever machine learning dataset to the academic research community. With this release, the company aims to advance the field of large-scale machine learning and recommender systems, and to help level the playing field between industrial and academic research. Read more on this. Yahoo! Inc. (YHOO) , valued at $28.16B, started the session at $29.69. Looking at today’s market, YHOO one day range is $28.71 to $30.17 and has traded between $27.20 and $50.32 over the past year. YHOO shares are currently priced at 49.90x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 13.42x earnings multiple. 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. The full-year EPS estimate is $0.59 which would be a $0.98 worse than last year’s full-year earnings. 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. 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 by the analysts covering it is $42.53, which is 43.25% above where the stock opened. See more in (NASDAQ:YHOO) Similar Articles: Company Update: Yahoo! Inc. (NASDAQ:YHOO) – Yahoo! (YHOO) Stock Pops on Alibaba’s Strong Earnings Market Update: Yahoo! Inc. (NASDAQ:YHOO) – Yahoo Real Estate and Yahoo Celebrity are Yahoo’s Newest Digital Magazines Company Update: Yahoo! Inc. (NASDAQ:YHOO) – Yahoo! (YHOO) Stock Bounces Back on Analyst Upgrade