Stock Technical Report on Yahoo! Inc (NASDAQ:YHOO)

Yahoo! Inc (NASDAQ:YHOO) (TREND ANALYSIS) shares were traded with a tripled volume. The stock closed last trading session at $42.79, up by 4.42%, with a volume of 54,532,480 shares against an average volume for the last 3 months of 14,512,700.

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Yahoo! Inc (NASDAQ:YHOO) is currently trading 18.68% below its 52-week-high, 29.94% above its 52-week-low. The 1-year range for the stock is $32.93 – $52.62. Yahoo! Inc (YHOO) has a price to earnings ratio of 5.84 versus Technology sector average of 16.8. YHOO stock price has underperformed the Nasdaq by 21.8%. The Web Portals & ISP company is currently valued at $40.16 billion and its share price closed the last trading session at $42.79. The stock has a 50-day moving average of $43.97 and a 200-day moving average of $46.41.

Yahoo! Inc (YHOO) current short interest stands at 26.46 million shares. It has decreased by 4% from the same period of last month. Around 4% of the company’s shares, which are float, are short sold. With a 10-days average volume of 20.48 million shares, the number of days required to cover the short positions stand at 1.3 days.

YHOO reported last quarter earnings on April 21. The Web Portals & ISP company announced earnings per share of $0.07 against a consensus Street estimate of $0.07, matching the average estimate. This corresponds to a decrease of $0.23 compared to the same quarter of the previous fiscal year.

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There are currently forty analysts that cover YHOO stock. Of those forty, twenty-six have a Buy rating, fourteen have a Hold rating. On a consensus basis this yields to an Overweight rating. The consensus target price stands at $54.45.

A recent analyst activity consisted of Raymond James reiterating their Outperform stance on May 20. Raymond James decreased price target from $58 to $51. This corresponds to a 19.19% upside from the last closing price. On the date of report, the stock closed at $42.79.

Another research firm was Morgan Stanley who initiated their coverage on the stock with Overweight rating on March 26. Morgan Stanley fixed their price target at $55. This translates to a 28.53% upside from the last closing price. On the date of report, the stock closed at $44.47.

Company profile

Yahoo! Inc., is a global Internet media company that offers communications, content, and a community platform that delivers consumer experiences and advertising solutions across digitial screens. The Company’s site includes a hierarchical, subject-based directory of Web sites, which enables users to locate and access information.

Stock Technical Report on Yahoo! Inc (NASDAQ:YHOO) was last modified: May 21st, 2015 by Jason Seligman