YAHOO JAPAN Cor/ADR (YAHOY) Lifted to Buy at Jefferies Financial Group

Jefferies Financial Group upgraded shares of YAHOO JAPAN Cor/ADR (OTCMKTS:YAHOY) from a hold rating to a buy rating in a research note released on Thursday, September 13th, The Fly reports.

Several other analysts have also recently weighed in on the company. CLSA raised YAHOO JAPAN Cor/ADR from a sell rating to an outperform rating in a report on Monday, July 9th. Zacks Investment Research raised YAHOO JAPAN Cor/ADR from a sell rating to a hold rating in a report on Friday, June 22nd. Finally, ValuEngine cut YAHOO JAPAN Cor/ADR from a hold rating to a sell rating in a report on Saturday, June 2nd. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of Hold.

OTCMKTS:YAHOY traded down $0.02 during mid-day trading on Thursday, hitting $7.01. 13,122 shares of the stock were exchanged, compared to its average volume of 64,268. The stock has a market cap of $20.37 billion, a P/E ratio of 16.69, a PEG ratio of 1.29 and a beta of 1.00. YAHOO JAPAN Cor/ADR has a fifty-two week low of $6.24 and a fifty-two week high of $10.10.

YAHOO JAPAN Cor/ADR (OTCMKTS:YAHOY) last released its quarterly earnings results on Friday, July 27th. The technology company reported $0.11 earnings per share for the quarter. The firm had revenue of $2.13 billion for the quarter, compared to analyst estimates of $2.07 billion. As a group, equities research analysts predict that YAHOO JAPAN Cor/ADR will post 0.37 earnings per share for the current fiscal year.

About YAHOO JAPAN Cor/ADR

Yahoo Japan Corporation, together with its subsidiaries, provides search advertising, information listing, and e-commerce services to Internet users in Japan. It operates through two segments, Marketing Solutions Business and Consumer Business. The Marketing Solutions Business segment offers Internet-based advertising-related services, such as paid search, display advertising, and other advertising related services.

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