Sohu.com Limited (NASDAQ:SOHU) gapped up before the market opened on Friday . The stock had previously closed at $16.64, but opened at $18.87. Sohu.com shares last traded at $19.42, with a volume of 11,284 shares traded.
A number of equities analysts have weighed in on the company. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell lowered their price target on Sohu.com from $32.00 to $24.00 in a research report on Friday, December 18th. Smith Barney Citigroup lowered their price target on Sohu.com from $32.00 to $24.00 in a research report on Friday, December 18th. Finally, TheStreet downgraded Sohu.com from a “c-” rating to a “d+” rating in a research report on Monday.
The company has a market cap of $767.65 million, a P/E ratio of -5.16 and a beta of 2.13. The business has a fifty day moving average price of $17.65 and a 200-day moving average price of $18.06. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 0.10.
Sohu.com (NASDAQ:SOHU) last issued its quarterly earnings data on Thursday, February 4th. The information services provider reported $1.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.92. Sohu.com had a negative return on equity of 3.93% and a negative net margin of 9.75%. The company had revenue of $253.24 million during the quarter. As a group, research analysts expect that Sohu.com Limited will post -2.94 earnings per share for the current year.
Several large investors have recently modified their holdings of SOHU. State Street Corp boosted its holdings in shares of Sohu.com by 58.5% during the third quarter. State Street Corp now owns 1,180,014 shares of the information services provider’s stock worth $23,435,000 after acquiring an additional 435,599 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Sohu.com by 742.7% in the third quarter. JPMorgan Chase & Co. now owns 39,952 shares of the information services provider’s stock valued at $803,000 after buying an additional 35,211 shares during the period. Point72 Asset Management L.P. bought a new stake in shares of Sohu.com in the third quarter valued at approximately $4,243,000. Voloridge Investment Management LLC bought a new stake in shares of Sohu.com in the third quarter valued at approximately $1,803,000. Finally, BlackRock Inc. boosted its stake in shares of Sohu.com by 21.3% in the fourth quarter. BlackRock Inc. now owns 955,316 shares of the information services provider’s stock valued at $15,228,000 after buying an additional 167,536 shares during the period. Institutional investors own 39.41% of the company’s stock.
Sohu.com Company Profile (NASDAQ:SOHU)
Sohu.com Limited provides online media, game, and search products and services on PCs and mobile devices in China. The company provides online news and information through the mobile phone application Sohu News APP, mobile portal m.sohu.com, and www.sohu.com for PCs; and online video contents and services through mobile phone application Sohu Video APP and tv.sohu.com, and ifox, a PC video application.
Further Reading: History of the Euro STOXX 50 Index