Somewhat Positive Press Coverage Somewhat Unlikely to Affect Sohu.com (SOHU) Share Price

News articles about Sohu.com (NASDAQ:SOHU) have been trending somewhat positive on Wednesday, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Sohu.com earned a news sentiment score of 0.18 on Accern’s scale. Accern also assigned news stories about the information services provider an impact score of 45.7841590682068 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Several analysts have issued reports on the company. BidaskClub raised Sohu.com from a “hold” rating to a “buy” rating in a report on Friday, August 4th. Morgan Stanley raised Sohu.com from an “underweight” rating to an “equal weight” rating and boosted their price target for the company from $36.00 to $60.00 in a report on Tuesday, August 1st. ValuEngine raised Sohu.com from a “sell” rating to a “hold” rating in a report on Friday, September 1st. TheStreet raised Sohu.com from a “d+” rating to a “c-” rating in a report on Friday, August 18th. Finally, Zacks Investment Research raised Sohu.com from a “sell” rating to a “hold” rating in a report on Tuesday, July 11th. Six analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Sohu.com has an average rating of “Hold” and a consensus price target of $58.50.

Sohu.com (SOHU) opened at 57.10 on Wednesday. The company’s market cap is $2.22 billion. Sohu.com has a 1-year low of $32.60 and a 1-year high of $58.98. The stock has a 50 day moving average price of $54.72 and a 200-day moving average price of $47.74.

Sohu.com (NASDAQ:SOHU) last announced its quarterly earnings results on Monday, July 31st. The information services provider reported ($1.85) earnings per share for the quarter, missing the Thomson Reuters’ 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 quarter in the prior year, the firm earned ($1.61) EPS. Sohu.com’s revenue for the quarter was up 9.8% on a year-over-year basis. On average, equities research analysts forecast that Sohu.com will post ($5.73) EPS for the current year.

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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.

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