Sohu.com (NASDAQ:SOHU) Downgraded to D+ at TheStreet


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TheStreet lowered shares of Sohu.com (NASDAQ:SOHU) from a c- rating to a d+ rating in a research note published on Monday, TheStreetRatingsTable reports.

Other equities analysts also recently issued reports about the company. Smith Barney Citigroup decreased their target price on Sohu.com from $32.00 to $24.00 in a research note on Friday, December 18th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell cut their price target on Sohu.com from $32.00 to $24.00 in a report on Friday, December 18th.

Shares of SOHU opened at $15.71 on Monday. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 0.10. The firm has a market cap of $617.50 million, a price-to-earnings ratio of -4.18 and a beta of 2.13. Sohu.com has a 52 week low of $6.15 and a 52 week high of $25.71. The stock has a 50 day moving average of $17.76 and a 200-day moving average of $18.08.

Sohu.com (NASDAQ:SOHU) last released its earnings results on Thursday, February 4th. The information services provider reported $1.27 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.92. Sohu.com had a negative net margin of 9.75% and a negative return on equity of 3.93%. The firm had revenue of $253.24 million during the quarter. On average, sell-side analysts predict that Sohu.com will post -2.94 earnings per share for the current fiscal year.

Several hedge funds have recently added to or reduced their stakes in the stock. Banque Cantonale Vaudoise lifted its position in Sohu.com by 97.8% in the 4th quarter. Banque Cantonale Vaudoise now owns 3,020 shares of the information services provider’s stock valued at $48,000 after purchasing an additional 1,493 shares during the last quarter. Aperio Group LLC bought a new stake in Sohu.com during the 3rd quarter valued at $247,000. Campbell & CO Investment Adviser LLC bought a new stake in Sohu.com during the 4th quarter valued at $279,000. Credit Suisse AG increased its holdings in shares of Sohu.com by 48.8% during the fourth quarter. Credit Suisse AG now owns 18,115 shares of the information services provider’s stock valued at $288,000 after purchasing an additional 5,937 shares during the period. Finally, Vident Investment Advisory LLC raised its stake in shares of Sohu.com by 94.6% during the fourth quarter. Vident Investment Advisory LLC now owns 21,546 shares of the information services provider’s stock valued at $343,000 after purchasing an additional 10,476 shares in the last quarter. 39.41% of the stock is currently owned by institutional investors and hedge funds.

Sohu.com Company Profile

Sohu.com Limited provides online media, game, and search products and services on PCs and mobile devices in China. The company provides online news and information through the mobile phone application Sohu News APP, mobile portal m.sohu.com, and www.sohu.com for PCs; and online video contents and services through mobile phone application Sohu Video APP and tv.sohu.com, and ifox, a PC video application.

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