This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration. Need a new registration confirmation email? Click here
The Internet services company reported earlier this month fourth-quarter earnings of $22.8 million, or 23 cents a share, down from year-ago earnings of $66.2 million, or 60 cents.
"We do not expect a particular catalyst for AOL this year other than continued execution on display ad growth both on owned and partner sites, " Miller Tabak analysts wrote in a Feb. 2 report. "Upside to our estimates might come from particularly telegraphed ad client wins."
Shares of AOL were upgraded to
hold from sell by
AOL has an estimated forward price-to-earnings ratio of 21.92; the average for Internet companies is 18.81. For comparison, both
J2 Global(JCOM) and
Earthlink(ELNK) have lower forward P/Es of 11.41 and 19.15, respectively.
Ten of the 16 analysts who cover AOL rated it hold. Five analysts gave it a buy rating and one rated it sell.
TheStreet Ratings gives AOL a
C- grade. The stock closed Tuesday at $18.63 and has risen 23.38% year to date.