Sohu.com (SOHU) Getting Somewhat Favorable News Coverage, Analysis Shows

Media coverage about Sohu.com (NASDAQ:SOHU) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by reviewing more than twenty million news and blog sources. 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 news sentiment score of 0.11 on Accern’s scale. Accern also gave news headlines about the information services provider an impact score of 46.5106412547563 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

SOHU has been the topic of several recent analyst reports. ValuEngine raised shares of Sohu.com from a “sell” rating to a “hold” rating in a research note on Friday, September 1st. TheStreet raised shares of Sohu.com from a “d+” rating to a “c-” rating in a research note on Friday, August 18th. Deutsche Bank downgraded shares of Sohu.com from a “buy” rating to a “hold” rating and set a $57.00 target price on the stock. in a research note on Monday, October 30th. Finally, Zacks Investment Research downgraded shares of Sohu.com from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 31st. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $58.00.

Sohu.com (SOHU) opened at $45.41 on Wednesday. Sohu.com has a one year low of $32.82 and a one year high of $70.86.

Sohu.com (NASDAQ:SOHU) last posted its quarterly earnings results on Friday, October 27th. The information services provider reported ($2.38) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($1.24) by ($1.14). Sohu.com had a negative return on equity of 21.72% and a negative net margin of 18.51%. The company had revenue of $516.10 million during the quarter, compared to analyst estimates of $493.47 million. During the same period last year, the company posted ($1.68) earnings per share. The company’s revenue was up 25.7% compared to the same quarter last year. sell-side analysts predict that Sohu.com will post -7.92 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: This piece was originally published by StockNewsTimes and is owned by of StockNewsTimes. If you are accessing this piece on another site, it was stolen and reposted in violation of United States and international trademark & copyright legislation. The correct version of this piece can be accessed at https://stocknewstimes.com/2017/12/06/sohu-com-sohu-getting-somewhat-favorable-news-coverage-analysis-shows.html.

About Sohu.com

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.

Insider Buying and Selling by Quarter for Sohu.com (NASDAQ:SOHU)

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

Latest News

Leave a Reply