Stock Update (NASDAQ:VIAB): Vetr Top Raters Upgrade Yahoo And Viacom To 4.5-Star Stocks

[Benzinga] – Shares of Yahoo! Inc. (NASDAQ: YHOO ) have lost nearly 20 percent since the start of 2016 and nearly 40 percent over the past year. Similarly, shares of Viacom, Inc. (NASDAQ: VIAB ) have lost close to … Read more on this. Viacom, Inc. (VIAB) , valued at $16.57B, opened this morning at $42.70. Looking at today’s trading action, the company’s one day range from $41.10 to $43.05 with its 52-week range being $36.32 to $73.52. Viacom (VIAB) shares are currently priced at 7.51x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry ’s 19.31x earnings multiple for the same period. And for those looking to make a return holding the stock, the company pays shareholders $1.60 per share annually in dividends, yielding 3.70%. According to a consensus of 34 analysts, the earnings estimate of $1.18 per share would be $0.11 worse than the year-ago quarter and a $0.24 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $5.76, which would be a $0.32 improvement when compared to the last year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $3.26 Billion. If realized, that would be a 2.40% decrease over the year-ago quarter. In terms of ratings, Telsey Advisory Group Initiated VIAB at Outperform (Feb 5, 2016). Previously, Barrington Research downgraded VIAB from Outperform to Mkt Perform. The average price target for VIAB shares is $56.30, which is 31.85% above where the stock opened this morning. See more in (NASDAQ:VIAB) Similar Articles: Market Update: Viacom Inc (NASDAQ:VIAB) – Nickelodeon Greenlights First New Global Series to be Produced in the Viacom International Studios in Miami Market Update: Viacom Inc (NASDAQ:VIAB) – CBS, Viacom exec chair Redstone’s compensation cut in 2015-CNBC Company Update: Viacom Inc (NASDAQ:VIAB) – AT&T and Viacom agree to new satellite, Internet TV distribution deal