News stories about Phoenix New Media (NYSE:FENG) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Phoenix New Media earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave media stories about the information services provider an impact score of 45.5893585916075 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

A number of equities analysts have commented on FENG shares. BidaskClub upgraded shares of Phoenix New Media from a “hold” rating to a “buy” rating in a research report on Tuesday, September 19th. Macquarie upgraded shares of Phoenix New Media from a “neutral” rating to an “outperform” rating in a research report on Tuesday, November 14th.

Phoenix New Media (NYSE:FENG) opened at $6.79 on Tuesday. The company has a market cap of $511.28, a price-to-earnings ratio of 54.85 and a beta of 1.19. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.15 and a current ratio of 2.15. Phoenix New Media has a 12-month low of $2.43 and a 12-month high of $8.14.

Phoenix New Media (NYSE:FENG) last announced its quarterly earnings data on Monday, November 13th. The information services provider reported $0.07 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.02) by $0.09. The company had revenue of $64.00 million during the quarter, compared to the consensus estimate of $61.20 million. Phoenix New Media had a net margin of 4.32% and a return on equity of 2.87%. Phoenix New Media’s quarterly revenue was up 18.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.05 EPS.

WARNING: This piece was originally published by Watch List News and is owned by of Watch List News. If you are accessing this piece on another site, it was illegally stolen and republished in violation of U.S. and international trademark and copyright legislation. The correct version of this piece can be read at https://www.watchlistnews.com/phoenix-new-media-feng-receiving-somewhat-positive-news-coverage-analysis-shows/1772128.html.

About Phoenix New Media

Phoenix New Media Limited is a media company providing content on an integrated platform across Internet, mobile and television channels in China. The Company enables consumers to access professional news and other information, and upload text and images (UGC) on the Internet and through their mobile devices.

Insider Buying and Selling by Quarter for Phoenix New Media (NYSE:FENG)

Receive News & Ratings for Phoenix New Media Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Phoenix New Media and related companies with MarketBeat.com's FREE daily email newsletter.