Yahoo! Inc. (NASDAQ:YHOO) registered a 0.38% increase, still its new closing price is 61.64% up from the company’s 1 year high of 44.92.It posted 2.52% gains in previous 5 sessions and is now the subject of 18 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 5 buy or better ratings. The 29 stock analysts following this company have an average price target at $45.68, with individual PT in the $32.00-$55.00 range. The shares moved at $42.27, implying that brokerage firms see shares gaining about 39.41% in twelve months time.
Yahoo! Inc. (YHOO) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 9.31% rise year to date. A Chief Revenue Officer at Yahoo! Inc. (YHOO) offloaded shares in a transaction closed on Tuesday January 10, 2017. Utzschneider Lisa sold 410 shares in the company at $41.76 each and collected $17,000 in proceeds. Utzschneider Lisa now owns 583,798 shares in the company after this transaction. A Chief Revenue Officer in the company, Utzschneider Lisa, disclosed a transaction on Friday December 30, 2016 that ended up generating $26,000 from the sale of 683 shares at $38.72 per share.
Yahoo! Inc. (NASDAQ:YHOO) Upcoming Results on Tap
Yahoo! Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.15 in that period. Sales during the quarter are predicted to arrive at $1.2 billion.
Earnings surprise history: Last quarter, the company posted approximately $1.31 billion in revenue and EPS of $0.20. The mean forecast was for $1.3 billion and $0.14 a share, respectively. One quarter earlier, revenue for the stock was at $1.31 billion, with earnings at $0.09/share.
Yahoo! Inc. (YHOO) Brokerage Update
Yahoo! Inc. (YHOO) is in Jefferies’s research list so their analyst rating change is noteworthy. These shares were downgraded to Hold from Buy by Jefferies, according to news reported on Friday October 21, 2016.Another important research note was issued by Needham on Tuesday October 18, 2016.The firm downgraded YHOO to Hold from Buy. Over the last six months and over the last three months, the shares of Yahoo! Inc. (YHOO), have changed 12.06% and 1.56%, respectively.