Sohu.com (SOHU) Stock Rating Lowered by BidaskClub

BidaskClub cut shares of Sohu.com (NASDAQ:SOHU) from a sell rating to a strong sell rating in a research report report published on Thursday morning, BidAskClub reports.

Other equities analysts have also recently issued reports about the stock. Zacks Investment Research raised shares of Sohu.com from a hold rating to a buy rating and set a $24.00 price target for the company in a research note on Monday, February 11th. ValuEngine raised shares of Sohu.com from a sell rating to a hold rating in a research note on Tuesday, April 30th.

Shares of SOHU stock opened at $13.63 on Thursday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.91 and a current ratio of 1.91. The company has a market cap of $530.44 million, a price-to-earnings ratio of -3.30 and a beta of 1.26. Sohu.com has a 52 week low of $13.57 and a 52 week high of $42.12.

Sohu.com (NASDAQ:SOHU) last issued its quarterly earnings results on Monday, April 29th. The information services provider reported ($1.44) earnings per share for the quarter, topping the consensus estimate of ($1.51) by $0.07. The company had revenue of $431.38 million during the quarter, compared to analysts’ expectations of $404.96 million. Sohu.com had a negative net margin of 6.65% and a negative return on equity of 8.07%. The business’s quarterly revenue was down 5.2% on a year-over-year basis. During the same period last year, the business earned ($2.39) EPS. On average, analysts forecast that Sohu.com will post -5.17 EPS for the current year.

Several large investors have recently added to or reduced their stakes in the stock. Renaissance Technologies LLC grew its stake in shares of Sohu.com by 7.6% in the first quarter. Renaissance Technologies LLC now owns 1,890,049 shares of the information services provider’s stock valued at $31,337,000 after buying an additional 133,549 shares in the last quarter. Vanguard Group Inc grew its stake in shares of Sohu.com by 4.4% in the third quarter. Vanguard Group Inc now owns 1,037,386 shares of the information services provider’s stock valued at $20,623,000 after buying an additional 43,260 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Sohu.com by 4.4% in the third quarter. Vanguard Group Inc. now owns 1,037,386 shares of the information services provider’s stock valued at $20,623,000 after buying an additional 43,260 shares in the last quarter. Hillhouse Capital Advisors Ltd. bought a new position in shares of Sohu.com in the fourth quarter valued at $13,971,000. Finally, Norges Bank bought a new position in shares of Sohu.com in the fourth quarter valued at $9,830,000. 56.32% of the stock is owned by institutional investors and hedge funds.

About Sohu.com

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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