Sohu.com Ltd – (SOHU) Receives Average Recommendation of “Hold” from Brokerages

Sohu.com Ltd – (NASDAQ:SOHU) has been given a consensus rating of “Hold” by the five analysts that are currently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation and two have assigned a hold recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $57.00.

A number of equities research analysts recently commented on SOHU shares. BidaskClub cut shares of Sohu.com from a “hold” rating to a “sell” rating in a research report on Sunday. ValuEngine cut shares of Sohu.com from a “hold” rating to a “sell” rating in a research report on Monday, July 30th.

Large investors have recently bought and sold shares of the stock. BlackRock Inc. increased its stake in Sohu.com by 92.7% during the 2nd quarter. BlackRock Inc. now owns 2,359,171 shares of the information services provider’s stock valued at $83,752,000 after purchasing an additional 1,134,983 shares in the last quarter. Platinum Investment Management Ltd. acquired a new position in Sohu.com during the 2nd quarter valued at approximately $31,196,000. Baillie Gifford & Co. increased its stake in Sohu.com by 4.1% during the 2nd quarter. Baillie Gifford & Co. now owns 701,711 shares of the information services provider’s stock valued at $24,910,000 after purchasing an additional 27,823 shares in the last quarter. Maso Capital Partners Ltd increased its stake in Sohu.com by 185.9% during the 2nd quarter. Maso Capital Partners Ltd now owns 274,500 shares of the information services provider’s stock valued at $9,745,000 after purchasing an additional 178,500 shares in the last quarter. Finally, River & Mercantile Asset Management LLP increased its stake in Sohu.com by 19.0% during the 2nd quarter. River & Mercantile Asset Management LLP now owns 190,977 shares of the information services provider’s stock valued at $6,779,000 after purchasing an additional 30,444 shares in the last quarter. 63.86% of the stock is owned by institutional investors.

Shares of SOHU traded up $0.63 during mid-day trading on Thursday, hitting $18.44. The company’s stock had a trading volume of 6,302 shares, compared to its average volume of 581,902. Sohu.com has a 52-week low of $15.89 and a 52-week high of $68.79. The stock has a market capitalization of $654.97 million, a PE ratio of -1.98 and a beta of 0.88. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.20 and a current ratio of 2.20.

Sohu.com (NASDAQ:SOHU) last posted its earnings results on Monday, July 30th. The information services provider reported ($1.27) EPS for the quarter, beating the Zacks’ consensus estimate of ($1.50) by $0.23. Sohu.com had a negative net margin of 27.38% and a negative return on equity of 19.39%. The company had revenue of $486.01 million during the quarter, compared to analysts’ expectations of $506.79 million. During the same quarter in the prior year, the company posted ($1.85) earnings per share. Sohu.com’s revenue for the quarter was up 5.4% compared to the same quarter last year. Equities research analysts forecast that Sohu.com will post -6.22 EPS for the current year.

Sohu.com Company Profile

Sohu.com Inc provides online media, search, and game services on personal computers (PCs), mobile devices, and tablets in the People's Republic of China. The company operates sohu.com, which provides online news and information; Sohu News APP, a mobile phone application, as well as m.sohu.com mobile portal; tv.sohu.com that offers online video content and service, as well as Sohu Video APP, a mobile phone application; and focus.cn, which provides online real estate information and services.

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