Somewhat Positive News Coverage Somewhat Unlikely to Impact Sohu.com (SOHU) Share Price
Press coverage about Sohu.com (NASDAQ:SOHU) has trended somewhat positive on Thursday, according to Accern. Accern rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Sohu.com earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news articles about the information services provider an impact score of 45.8741385447221 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:
- Sogou Invests USD 6-7m in Shanghai-Based UTH in Scramble for Translation Data (slator.com)
- Sohu Stock (profitconfidential.com)
- Sohu.com Inc. (SOHU) Rating Increased to C- at TheStreet (americanbankingnews.com)
- Sohu.com Inc. (NASDAQ:SOHU) Stock Closed Significantly Above Its 50 Day Average (highlightpress.com)
- Sohu.com Inc. (SOHU) Given Average Rating of “Hold” by Brokerages (americanbankingnews.com)
A number of analysts have recently issued reports on the company. BidaskClub raised Sohu.com from a “hold” rating to a “buy” rating in a research report on Friday, August 4th. Morgan Stanley raised Sohu.com from an “underweight” rating to an “equal weight” rating and raised their price objective for the company from $36.00 to $60.00 in a research report on Tuesday, August 1st. TheStreet raised Sohu.com from a “d+” rating to a “c-” rating in a research report on Friday, August 18th. HSBC Holdings plc lowered Sohu.com from a “buy” rating to a “hold” rating and increased their target price for the stock from $48.00 to $57.00 in a research note on Tuesday, May 23rd. Finally, Zacks Investment Research lowered Sohu.com from a “hold” rating to a “sell” rating in a research note on Wednesday, June 28th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $52.58.
Sohu.com (NASDAQ:SOHU) opened at 55.56 on Thursday. Sohu.com has a 52 week low of $32.60 and a 52 week high of $58.98. The company’s market cap is $2.16 billion. The stock’s 50 day moving average price is $51.04 and its 200-day moving average price is $44.36.
Sohu.com (NASDAQ:SOHU) last announced its quarterly earnings results on Monday, July 31st. The information services provider reported ($1.85) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($1.73) by $0.12. The firm had revenue of $461.20 million for the quarter, compared to the consensus estimate of $456.10 million. Sohu.com had a negative net margin of 17.93% and a negative return on equity of 19.12%. Sohu.com’s revenue was up 9.8% on a year-over-year basis. During the same period last year, the business earned ($1.61) EPS. On average, equities research analysts forecast that Sohu.com will post ($5.73) earnings per share for the current fiscal year.
Sohu.com Inc (Sohu) is an online media, search and game service company, which is engaged in providing online products and services on personal computers (PCs) and mobile devices in the People’s Republic of China (the PRC). The Company operates through three segments: the Sohu segment; the Sogou segment, and the Changyou segment.
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