Sohu.com (NASDAQ:SOHU) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Friday.

According to Zacks, “Sohu.com’s brand advertising business is hurt by decline in video ad sales from large advertisers and real estate market. Higher expenses also remain a drag on profitability. Moreover, stricter regulations, sluggish Chinese economic growth rate and intensifying competition remain headwinds. Besides, increasing competition in the online video market is also expected to hurt its revenue growth. Shares of Sohu underperformed the industry in the past one year.  The company has mixed record of earnings surprises in recent quarters. However, good performance of the Legacy TLBB mobile game, which it launched in mid-May, continues to drive Sohu’s top-line.”

SOHU has been the topic of a number of other reports. ValuEngine raised shares of Sohu.com from a “sell” rating to a “hold” rating in a research report on Sunday, December 31st. TheStreet lowered shares of Sohu.com from a “c-” rating to a “d+” rating in a research report on Friday, December 8th. Finally, Deutsche Bank lowered shares of Sohu.com from a “buy” rating to a “hold” rating and set a $57.00 price target on the stock. in a research report on Monday, October 30th. One research analyst has rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $58.00.

Sohu.com (SOHU) opened at $44.64 on Friday. Sohu.com has a 12 month low of $37.78 and a 12 month high of $70.86. The firm has a market cap of $1,759.38, a price-to-earnings ratio of -5.30 and a beta of 1.28.

Sohu.com (NASDAQ:SOHU) last released its quarterly earnings data on Friday, October 27th. The information services provider reported ($2.38) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.24) by ($1.14). Sohu.com had a negative net margin of 19.77% and a negative return on equity of 50.93%. The business had revenue of $516.10 million during the quarter, compared to the consensus estimate of $493.47 million. During the same period last year, the business posted ($1.68) earnings per share. The firm’s quarterly revenue was up 25.7% on a year-over-year basis. equities analysts predict that Sohu.com will post -7.92 EPS for the current fiscal year.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BNP Paribas Arbitrage SA lifted its position in shares of Sohu.com by 102.6% during the third quarter. BNP Paribas Arbitrage SA now owns 1,844 shares of the information services provider’s stock valued at $100,000 after purchasing an additional 934 shares in the last quarter. Quantbot Technologies LP bought a new position in shares of Sohu.com during the second quarter valued at about $202,000. Boothbay Fund Management LLC bought a new position in shares of Sohu.com during the third quarter valued at about $316,000. Worth Venture Partners LLC bought a new position in shares of Sohu.com during the third quarter valued at about $349,000. Finally, Ramsey Quantitative Systems bought a new position in shares of Sohu.com during the second quarter valued at about $350,000. 63.21% of the stock is currently owned by institutional investors.

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Sohu.com Company Profile

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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