Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Sohu.com (SOHU) Stock Price
News headlines about Sohu.com (NASDAQ:SOHU) have been trending somewhat positive on Thursday, Accern reports. Accern scores the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public 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 0.20 on Accern’s scale. Accern also assigned media coverage about the information services provider an impact score of 45.1129250430225 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news headlines that may have effected Accern’s rankings:
- Sohu.com, Inc. breached its 50 day moving average in a Bearish Manner : SOHU-US : September 26, 2017 (finance.yahoo.com)
- ETFs with exposure to Sohu.com, Inc. : September 26, 2017 (finance.yahoo.com)
- Sohu.com Inc. (SOHU) stock performed 4.43% – Green stock of the month – Street Observer (press release) (streetobserver.com)
- Changyou Announces Appointment of New Chief Financial Officer – Markets Insider (markets.businessinsider.com)
A number of research analysts have weighed in on SOHU shares. Zacks Investment Research raised shares of Sohu.com from a “sell” rating to a “hold” rating in a research note on Tuesday, July 11th. BidaskClub lowered shares of Sohu.com from a “buy” rating to a “hold” rating in a research note on Tuesday, July 25th. TheStreet raised shares of Sohu.com from a “d+” rating to a “c-” rating in a research note on Friday, August 18th. ValuEngine raised shares of Sohu.com from a “sell” rating to a “hold” rating in a research note on Friday, September 1st. Finally, Morgan Stanley raised shares of Sohu.com from an “underweight” rating to an “equal weight” rating and raised their target price for the stock from $36.00 to $60.00 in a research note on Tuesday, August 1st. Six analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $58.50.
Sohu.com (NASDAQ:SOHU) traded down 0.22% on Thursday, reaching $55.22. 11,823 shares of the company’s stock were exchanged. The company’s market cap is $2.15 billion. Sohu.com has a 12-month low of $32.60 and a 12-month high of $58.98. The firm has a 50 day moving average of $54.41 and a 200-day moving average of $47.22.
Sohu.com (NASDAQ:SOHU) last announced its quarterly earnings results on Monday, July 31st. The information services provider reported ($1.85) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.73) by ($0.12). Sohu.com had a negative net margin of 17.93% and a negative return on equity of 19.12%. The business had revenue of $461.20 million during the quarter, compared to analysts’ expectations of $456.10 million. During the same period last year, the company earned ($1.61) EPS. The firm’s revenue for the quarter was up 9.8% on a year-over-year basis. Equities analysts expect that Sohu.com will post ($5.73) EPS for the current fiscal year.
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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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