Somewhat Favorable Media Coverage Somewhat Unlikely to Impact SouFun (SFUN) Share Price

Headlines about SouFun (NYSE:SFUN) have been trending somewhat positive this week, according to Accern. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. SouFun earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave media headlines about the information services provider an impact score of 45.9629632929513 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

SouFun (SFUN) opened at $4.40 on Wednesday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.52. SouFun has a 12-month low of $2.46 and a 12-month high of $5.27.

SouFun (NYSE:SFUN) last announced its quarterly earnings results on Friday, November 17th. The information services provider reported $0.03 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.03. The firm had revenue of $112.20 million for the quarter, compared to analysts’ expectations of $106.39 million. SouFun had a negative net margin of 1.83% and a negative return on equity of 3.20%. SouFun’s revenue was down 55.1% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.03) earnings per share. equities analysts forecast that SouFun will post 0.08 earnings per share for the current year.

A number of research firms recently issued reports on SFUN. ValuEngine downgraded shares of SouFun from a “hold” rating to a “sell” rating in a report on Friday, December 1st. Zacks Investment Research upgraded shares of SouFun from a “hold” rating to a “buy” rating and set a $5.25 target price for the company in a report on Thursday, November 23rd. Finally, BidaskClub upgraded shares of SouFun from a “buy” rating to a “strong-buy” rating in a report on Tuesday, November 7th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $4.24.

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About SouFun

Fang Holdings Limited, formerly SouFun Holdings Limited, operates as a real estate Internet portal in China. The Company’s Websites and mobile applications support active online communities and networks of users seeking information on, and services for, the real estate and home-related sectors in China.

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