Weekly Research Analysts’ Ratings Changes for Changyou.Com (CYOU)

A number of research firms have changed their ratings and price targets for Changyou.Com (NASDAQ: CYOU):

  • 5/10/2019 – Changyou.Com was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “hold” rating. According to Zacks, “Changyou.com Limited is a developer and operator of online games in China. It engages in the development, operation, and licensing of massively multi-player online role-playing games, which are interactive online games that are played simultaneously by various game players. The company currently operates two multi-player online role-playing games (MMORPGs), including the in-house developed Tian Long Ba Bu and the licensed Blade Online. Changyou.com has three MMORPGs in the pipeline, which include the Duke of Mount Deer, Immortal Faith, and the Legend of the Ancient World. Based in Beijing, the People’s Republic of China, Changyou.com Limited is a subsidiary of Sohu.com Inc. “
  • 5/9/2019 – Changyou.Com was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 5/3/2019 – Changyou.Com was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $22.00 price target on the stock. According to Zacks, “Changyou.com Limited is a developer and operator of online games in China. It engages in the development, operation, and licensing of massively multi-player online role-playing games, which are interactive online games that are played simultaneously by various game players. The company currently operates two multi-player online role-playing games (MMORPGs), including the in-house developed Tian Long Ba Bu and the licensed Blade Online. Changyou.com has three MMORPGs in the pipeline, which include the Duke of Mount Deer, Immortal Faith, and the Legend of the Ancient World. Based in Beijing, the People’s Republic of China, Changyou.com Limited is a subsidiary of Sohu.com Inc. “
  • 4/29/2019 – Changyou.Com was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.
  • 4/26/2019 – Changyou.Com was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 4/9/2019 – Changyou.Com was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 4/5/2019 – Changyou.Com was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $19.00 price target on the stock. According to Zacks, “Changyou.com Limited is a developer and operator of online games in China. It engages in the development, operation, and licensing of massively multi-player online role-playing games, which are interactive online games that are played simultaneously by various game players. The company currently operates two multi-player online role-playing games (MMORPGs), including the in-house developed Tian Long Ba Bu and the licensed Blade Online. Changyou.com has three MMORPGs in the pipeline, which include the Duke of Mount Deer, Immortal Faith, and the Legend of the Ancient World. Based in Beijing, the People’s Republic of China, Changyou.com Limited is a subsidiary of Sohu.com Inc. “
  • 4/4/2019 – Changyou.Com was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating.

NASDAQ CYOU opened at $19.81 on Thursday. Changyou.Com Ltd has a 1 year low of $12.68 and a 1 year high of $22.27. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.76 and a quick ratio of 1.76. The firm has a market capitalization of $1.05 billion, a PE ratio of 12.62 and a beta of 0.75.

Changyou.Com (NASDAQ:CYOU) last posted its earnings results on Monday, April 29th. The technology company reported $0.69 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.40 by $0.29. Changyou.Com had a net margin of 28.48% and a return on equity of 16.03%. The firm had revenue of $123.31 million during the quarter, compared to analyst estimates of $114.15 million. During the same quarter in the prior year, the business posted $0.55 EPS. The business’s revenue was down 10.1% compared to the same quarter last year. Analysts forecast that Changyou.Com Ltd will post 1.97 earnings per share for the current fiscal year.

The company also recently announced a special dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th will be paid a $9.40 dividend. The ex-dividend date is Monday, June 3rd.

Hedge funds and other institutional investors have recently bought and sold shares of the company. New York State Common Retirement Fund grew its stake in shares of Changyou.Com by 245.3% in the 4th quarter. New York State Common Retirement Fund now owns 130,779 shares of the technology company’s stock worth $2,391,000 after acquiring an additional 92,900 shares in the last quarter. Acadian Asset Management LLC grew its position in Changyou.Com by 61.2% during the fourth quarter. Acadian Asset Management LLC now owns 520,020 shares of the technology company’s stock valued at $9,505,000 after buying an additional 197,383 shares during the period. Strs Ohio grew its position in Changyou.Com by 16.1% during the fourth quarter. Strs Ohio now owns 95,051 shares of the technology company’s stock valued at $1,737,000 after buying an additional 13,210 shares during the period. Mackenzie Financial Corp bought a new position in Changyou.Com during the fourth quarter valued at about $1,487,000. Finally, Norges Bank bought a new position in Changyou.Com during the fourth quarter valued at about $9,756,000. Hedge funds and other institutional investors own 27.53% of the company’s stock.

Changyou.com Limited develops and operates online games in the People's Republic of China. The company operates through Online Game, Platform Channel, and Others segments. It develops, operates, and licenses online games, including interactive online games that are accessed and played simultaneously by various game players through personal computers; and mobile games played on mobile devices.

Recommended Story: Moving Average (MA)

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



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit