Cheetah Mobile (CMCM) Getting Somewhat Favorable Press Coverage, Report Shows
Media coverage about Cheetah Mobile (NYSE:CMCM) has trended somewhat positive on Saturday, Accern Sentiment Analysis reports. The research firm scores the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cheetah Mobile earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned media coverage about the software maker an impact score of 46.5725365890717 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news headlines that may have effected Accern’s scoring:
- Cheetah Mobile Collaborates with Microsoft on AI Services – PR Newswire (press release) (prnewswire.com)
- ETF Preview: ETFs, Futures Point to Continued Gains as Upbeat Retail Sales Data, Tax Reform Details Lift Sentiment (nasdaq.com)
- ETFs with exposure to Cheetah Mobile, Inc. : December 13, 2017 (finance.yahoo.com)
- Cheetah Mobile Growth Accelerates with 900 million+ Installations of Clean Master, Partnership with Billion Dollar Content Provider Bytedance, and Other Milestones (finance.yahoo.com)
Cheetah Mobile (NYSE:CMCM) opened at $11.07 on Friday. The stock has a market capitalization of $1,605.82, a price-to-earnings ratio of 31.06 and a beta of 3.24. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.02. Cheetah Mobile has a 1-year low of $7.54 and a 1-year high of $13.79.
A number of research firms have recently commented on CMCM. Nomura increased their target price on Cheetah Mobile from $11.50 to $12.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 23rd. BidaskClub raised Cheetah Mobile from a “hold” rating to a “buy” rating in a report on Friday, August 18th. Credit Suisse Group assumed coverage on Cheetah Mobile in a report on Tuesday, October 3rd. They set a “neutral” rating and a $9.50 price target on the stock. Zacks Investment Research raised Cheetah Mobile from a “hold” rating to a “strong-buy” rating and set a $12.00 price target on the stock in a report on Monday, August 28th. Finally, Instinet reaffirmed a “neutral” rating and set a $12.00 price target (up from $11.50) on shares of Cheetah Mobile in a report on Wednesday, August 23rd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $11.75.
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Cheetah Mobile Company Profile
Cheetah Mobile Inc is a holding company. The Company and its consolidated subsidiaries, variable interest entities (VIEs) and a VIE’s subsidiary are engaged in the provision of online marketing services, Internet value-added services, and Internet security services and others. The Company operates a platform that offers mobile and personal computer (PC) applications for its users and global content promotional channels for its customers, both of which are powered by its cloud-based data analytics engines.
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