Stock Update (NASDAQ:YHOO): Yahoo to Live Stream Video of Fourth Quarter and Full Year 2015 Earnings on Yahoo Finance on February 2, 2016

[Business Wire] – Yahoo! Inc. will discuss the Company’s financial results for the quarter and full year ended December 31, 2015 via live stream video. Read more on this. Yahoo! Inc. (YHOO) , valued at $28.09B, started the session at $29.83. During today’s session, YHOO traded between $29.31 to $30.00 with a one year range of $27.20 to $50.32. YHOO shares are currently priced at 49.39x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 12.46x earnings multiple for the same period. According to a consensus of 36 analysts, the earnings estimate of $0.13 per share 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 setback 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. Given all the information above, we should disclose to readers that the average price target is $42.53, which is 42.57% above than it opened this morning. See more in (NASDAQ:YHOO) Similar Articles: Stock Update (NASDAQ:YHOO): How Will Yahoo (YHOO) Stock React to First NFL Live-Stream? Market Update: Yahoo! Inc. (NASDAQ:YHOO) – Top Brands Partner with Yahoo for First Global Live Stream of an NFL Game Across Devices Company Update: Yahoo! Inc. (NASDAQ:YHOO) – Yahoo’s ‘Discouraging’ Earnings Foreshadow Tough 2016