AOL Inc Sets New 1-Year High at $48.11 (AOL)
AOL (NYSE:AOL) set a new 52-week high on Tuesday, Stock Ratings News reports. The company traded as high as $48.11 and last traded at $47.97, with a volume of 1,356,013 shares. The stock had previously closed at $44.85.
AOL has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of AOL from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, January 7th. They now have a $49.60 price target on the stock. Separately, analysts at Telsey Advisory Group raised their price target on shares of AOL from $52.00 to $60.00 in a research note to investors on Monday, January 6th. They now have a “not rated” rating on the stock. Nine analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $45.64.
In other AOL news, EVP Julie Jacobs unloaded 1,397 shares of the company’s stock in a transaction dated Friday, January 3rd. The shares were sold at an average price of $44.62, for a total transaction of $62,334.14. Following the sale, the executive vice president now directly owns 39,981 shares in the company, valued at approximately $1,783,952. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
AOL has a one year low of $29.16 and a one year high of $46.98. The stock’s 50-day moving average is $44.75 and its 200-day moving average is $38.60. The company has a market cap of $3.755 billion and a P/E ratio of 40.81.
AOL (NYSE:AOL) last released its earnings data on Tuesday, November 5th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by $0.33. The company had revenue of $561.00 million for the quarter, compared to the consensus estimate of $548.81 million. During the same quarter in the previous year, the company posted $0.22 earnings per share. The company’s revenue for the quarter was up 5.6% on a year-over-year basis. On average, analysts predict that AOL will post $2.03 earnings per share for the current fiscal year.
AOL Inc (NYSE:AOL) is a global Web services company with a range of brands and offerings and a global audience.
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