Sohu.com Inc (SOHU) Receives Consensus Rating of “Hold” from Brokerages

Sohu.com Inc (NASDAQ:SOHU) has earned an average recommendation of “Hold” from the eight ratings firms that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating and six have given a hold rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $58.00.

A number of analysts recently commented on the company. Zacks Investment Research cut Sohu.com from a “hold” rating to a “sell” rating in a research report on Friday, January 19th. ValuEngine upgraded Sohu.com from a “sell” rating to a “hold” rating in a research report on Sunday, December 31st. Finally, BidaskClub upgraded Sohu.com from a “strong sell” rating to a “sell” rating in a research report on Wednesday, March 7th.

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A number of institutional investors have recently bought and sold shares of SOHU. BNP Paribas Arbitrage SA increased its position in Sohu.com by 102.6% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 1,844 shares of the information services provider’s stock worth $100,000 after purchasing an additional 934 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in Sohu.com in the 4th quarter worth about $209,000. Boothbay Fund Management LLC acquired a new stake in Sohu.com in the 3rd quarter worth about $316,000. Global X Management Co. LLC boosted its stake in Sohu.com by 24.6% in the 4th quarter. Global X Management Co. LLC now owns 8,095 shares of the information services provider’s stock worth $351,000 after buying an additional 1,596 shares during the last quarter. Finally, Koch Industries Inc. acquired a new stake in Sohu.com in the 4th quarter worth about $351,000. Hedge funds and other institutional investors own 65.74% of the company’s stock.

Sohu.com stock traded down $1.07 during midday trading on Friday, reaching $33.80. 247,781 shares of the company were exchanged, compared to its average volume of 532,163. The stock has a market cap of $1,314.85, a PE ratio of -3.85 and a beta of 1.21. Sohu.com has a 1 year low of $29.66 and a 1 year high of $70.86. The company has a current ratio of 2.28, a quick ratio of 2.28 and a debt-to-equity ratio of 0.07.

Sohu.com (NASDAQ:SOHU) last posted its quarterly earnings data on Monday, January 29th. The information services provider reported ($2.01) EPS for the quarter, missing analysts’ consensus estimates of ($1.44) by ($0.57). The company had revenue of $509.60 million for the quarter, compared to analysts’ expectations of $522.66 million. Sohu.com had a negative return on equity of 21.67% and a negative net margin of 29.80%. The company’s revenue for the quarter was up 23.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($1.79) EPS. equities analysts predict that Sohu.com will post -4.03 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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