Zacks: Phoenix New Media (FENG) Receives Consensus Recommendation of “Strong Buy” from Analysts
Shares of Phoenix New Media (NYSE:FENG) have received a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.
Zacks has also given Phoenix New Media an industry rank of 102 out of 265 based on the ratings given to related companies.
Separately, ValuEngine lowered shares of Phoenix New Media from a “hold” rating to a “sell” rating in a report on Wednesday, May 2nd.
Phoenix New Media opened at $5.51 on Friday, MarketBeat Ratings reports. The company has a quick ratio of 2.09, a current ratio of 2.19 and a debt-to-equity ratio of 0.01. The stock has a market cap of $397.98 million, a PE ratio of 555.00 and a beta of 1.52. Phoenix New Media has a 1-year low of $5.05 and a 1-year high of $5.70.
Phoenix New Media (NYSE:FENG) last posted its earnings results on Monday, March 12th. The information services provider reported $0.02 earnings per share for the quarter. The company had revenue of $70.98 million during the quarter. Phoenix New Media had a net margin of 0.53% and a return on equity of 0.34%.
About Phoenix New Media
Phoenix New Media Limited provides content on an integrated platform across Internet, mobile, and TV channels in the People's Republic of China. It offers content and services through three channels, including ifeng.com channel, television channel, and mobile channel, as well as transmits content to TV viewers, primarily through Phoenix TV.
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