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Yahoo! (NASDAQ:YHOO)‘s stock had its “buy” rating restated by investment analysts at TheStreet in a note issued to investors on Wednesday, Analyst Ratings.Net reports.

The analysts wrote, “Yahoo (YHOO) has been reiterated by TheStreet Ratings as a buy with a ratings score of B+. The company’s strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.”

Shares of Yahoo! (NASDAQ:YHOO) traded up 0.78% on Wednesday, hitting $37.55. 1,288,732 shares of the company’s stock traded hands. Yahoo! has a 52 week low of $20.69 and a 52 week high of $41.72. The stock’s 50-day moving average is $38.27 and its 200-day moving average is $34.7. The company has a market cap of $39.005 billion and a P/E ratio of 29.57. Yahoo! also was the target of some unusual options trading activity on Monday. Investors bought 57,606 put options on the company. This is an increase of approximately 135% compared to the typical volume of 24,463 put options.

Yahoo! (NASDAQ:YHOO) last announced its earnings results on Monday, January 27th. The company reported $0.46 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.38 by $0.08. The company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter last year, the company posted $0.32 earnings per share. Yahoo!’s revenue was down 1.7% compared to the same quarter last year. On average, analysts predict that Yahoo! will post $1.58 earnings per share for the current fiscal year.

Several other analysts have also recently commented on the stock. Analysts at Standpoint Research initiated coverage on shares of Yahoo! in a research note on Monday. They set a “sell” rating on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Yahoo! in a research note on Wednesday, January 29th. They now have a $40.00 price target on the stock. Finally, analysts at Gabelli downgraded shares of Yahoo! from a “buy” rating to a “hold” rating in a research note on Wednesday, January 29th. One investment analyst has rated the stock with a sell rating, seventeen have issued a hold rating and sixteen have assigned a buy rating to the company. Yahoo! presently has an average rating of “Hold” and a consensus price target of $35.48.

Yahoo! Inc (NASDAQ:YHOO) to users, as well as a range of marketing services designed to reach and connect with those users on Yahoo! and through a distribution network of third-party entities (Affiliates).

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