Sohu.com Ltd – (NASDAQ:SOHU) shares reached a new 52-week low during trading on Monday . The stock traded as low as $15.36 and last traded at $15.51, with a volume of 6804 shares traded. The stock had previously closed at $16.47.
Several research analysts have recently commented on SOHU shares. Zacks Investment Research upgraded Sohu.com from a “hold” rating to a “buy” rating and set a $24.00 price target for the company in a research report on Monday, February 11th. BidaskClub upgraded Sohu.com from a “buy” rating to a “strong-buy” rating in a research report on Monday, February 4th. Finally, ValuEngine lowered Sohu.com from a “hold” rating to a “sell” rating in a research report on Wednesday, January 2nd.
The firm has a market cap of $603.99 million, a PE ratio of -3.66 and a beta of 1.16. The company has a quick ratio of 1.96, a current ratio of 1.96 and a debt-to-equity ratio of 0.19.
Sohu.com (NASDAQ:SOHU) last released its earnings results on Friday, February 1st. The information services provider reported $0.37 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($1.03) by $1.40. The firm had revenue of $482.20 million during the quarter, compared to analyst estimates of $477.78 million. Sohu.com had a negative return on equity of 10.05% and a negative net margin of 8.50%. Sohu.com’s revenue was down 5.4% compared to the same quarter last year. During the same period last year, the business posted ($2.01) earnings per share. As a group, analysts expect that Sohu.com Ltd – will post -4.05 EPS for the current fiscal year.
A number of large investors have recently added to or reduced their stakes in SOHU. Hillhouse Capital Advisors Ltd. purchased a new position in Sohu.com in the fourth quarter valued at $13,971,000. Norges Bank purchased a new stake in Sohu.com during the 4th quarter worth about $9,830,000. RMB Capital Management LLC lifted its holdings in Sohu.com by 115.9% during the 4th quarter. RMB Capital Management LLC now owns 501,772 shares of the information services provider’s stock worth $8,741,000 after buying an additional 269,407 shares during the last quarter. Krane Funds Advisors LLC lifted its holdings in Sohu.com by 27.4% during the 3rd quarter. Krane Funds Advisors LLC now owns 510,277 shares of the information services provider’s stock worth $10,144,000 after buying an additional 109,734 shares during the last quarter. Finally, River & Mercantile Asset Management LLP lifted its holdings in Sohu.com by 41.0% during the 4th quarter. River & Mercantile Asset Management LLP now owns 333,379 shares of the information services provider’s stock worth $5,804,000 after buying an additional 96,948 shares during the last quarter. Hedge funds and other institutional investors own 58.96% of the company’s stock.
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About Sohu.com (NASDAQ:SOHU)
Sohu.com Limited provides online media, search, and game services on personal computers (PCs) and mobile devices in the People's Republic of China. The company provides online news and information through a mobile phone application, Sohu News APP; sohu.com for PCs; and m.sohu.com mobile portal, as well as online video content and service through tv.sohu.com for PCs, as well as Sohu Video APP mobile phone application.
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