BidaskClub Upgrades Sohu.com (SOHU) to Strong-Buy

Sohu.com (NASDAQ:SOHU) was upgraded by stock analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a report released on Monday, February 4th.

Several other equities analysts also recently commented on SOHU. Zacks Investment Research downgraded shares of Sohu.com from a “buy” rating to a “hold” rating in a research note on Friday, January 18th. ValuEngine downgraded shares of Sohu.com from a “hold” rating to a “sell” rating in a research note on Wednesday, January 2nd.

Shares of SOHU opened at $19.86 on Monday. The stock has a market capitalization of $772.95 million, a PE ratio of -4.81 and a beta of 1.29. Sohu.com has a fifty-two week low of $15.89 and a fifty-two week high of $42.12. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.02 and a current ratio of 1.96.

Sohu.com (NASDAQ:SOHU) last issued its quarterly earnings data on Friday, February 1st. The information services provider reported $0.37 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($1.03) by $1.40. Sohu.com had a negative net margin of 8.50% and a negative return on equity of 10.05%. The company had revenue of $482.20 million for the quarter, compared to analyst estimates of $477.78 million. During the same period in the prior year, the firm earned ($2.01) earnings per share. The company’s revenue was down 5.4% on a year-over-year basis. Equities research analysts anticipate that Sohu.com will post -4.05 EPS for the current fiscal year.

Hedge funds have recently bought and sold shares of the company. NumerixS Investment Technologies Inc bought a new position in shares of Sohu.com in the fourth quarter worth about $71,000. Legal & General Group Plc lifted its holdings in shares of Sohu.com by 18.0% in the third quarter. Legal & General Group Plc now owns 3,893 shares of the information services provider’s stock worth $77,000 after acquiring an additional 593 shares during the last quarter. Tower Research Capital LLC TRC bought a new position in shares of Sohu.com in the second quarter worth about $135,000. Two Sigma Securities LLC bought a new position in shares of Sohu.com in the fourth quarter worth about $178,000. Finally, Quantbot Technologies LP bought a new position in shares of Sohu.com in the third quarter worth about $210,000. 56.72% of the stock is owned by hedge funds and other institutional investors.

About Sohu.com

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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