Sohu.com Inc. (SOHU) Stock Price Down 2.8%
Sohu.com Inc. (NASDAQ:SOHU)’s share price dropped 2.8% during mid-day trading on Thursday . The company traded as low as $41.27 and last traded at $41.34, with a volume of 152,842 shares. The stock had previously closed at $42.54.
SOHU has been the topic of a number of research reports. Brean Capital reissued a “hold” rating on shares of Sohu.com in a report on Tuesday, May 31st. Zacks Investment Research upgraded shares of Sohu.com from a “sell” rating to a “hold” rating in a research report on Thursday, May 26th. Three analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company’s stock. Sohu.com currently has a consensus rating of “Hold” and an average target price of $53.83.
The stock’s 50 day moving average price is $39.10 and its 200-day moving average price is $42.61. The company’s market capitalization is $1.60 billion.
Sohu.com (NASDAQ:SOHU) last issued its earnings results on Monday, August 1st. The company reported ($1.62) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.37) by $0.25. The firm had revenue of $420 million for the quarter, compared to analyst estimates of $439.64 million. During the same quarter in the previous year, the business posted ($0.37) EPS. The business’s quarterly revenue was down 14.9% on a year-over-year basis. Analysts anticipate that Sohu.com Inc. will post ($6.60) earnings per share for the current year.
Sohu.com Inc (Sohu) is an online media, search and game service company 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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