Media stories about Changyou.com Limited (NASDAQ:CYOU) have been trending somewhat positive recently, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Changyou.com Limited earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 46.9104331746574 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.
Changyou.com Limited (CYOU) opened at 40.22 on Friday. Changyou.com Limited has a 1-year low of $21.01 and a 1-year high of $44.55.
Changyou.com Limited (NASDAQ:CYOU) last posted its quarterly earnings data on Monday, July 31st. The technology company reported $1.14 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.70 by $0.44. The company had revenue of $150.40 million during the quarter, compared to analysts’ expectations of $158.05 million. Changyou.com Limited had a net margin of 30.03% and a return on equity of 13.57%. The firm’s revenue for the quarter was up 16.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.68 earnings per share. On average, equities research analysts expect that Changyou.com Limited will post $3.90 earnings per share for the current year.
Several brokerages have recently commented on CYOU. TheStreet upgraded shares of Changyou.com Limited from a “c+” rating to a “b” rating in a research report on Wednesday. BidaskClub downgraded shares of Changyou.com Limited from a “strong-buy” rating to a “buy” rating in a research report on Tuesday. Zacks Investment Research upgraded shares of Changyou.com Limited from a “hold” rating to a “strong-buy” rating and set a $49.00 price objective on the stock in a research report on Wednesday, August 2nd. ValuEngine upgraded shares of Changyou.com Limited from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 2nd. Finally, Mizuho downgraded shares of Changyou.com Limited from a “neutral” rating to an “underperform” rating and decreased their price objective for the company from $42.00 to $30.00 in a research report on Wednesday, June 21st. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, two have given a buy rating and two have issued a strong buy rating to the stock. Changyou.com Limited currently has an average rating of “Hold” and an average price target of $37.50.
Changyou.com Limited Company Profile
Changyou.com Limited is an online game developer and operator. The Company is engaged in the development, operation and licensing of online games for personal computers (PCs) and mobile devices. The Company’s segments include Online Game segment, which consists primarily of PC games and mobile games; the Platform Channel segment, which consists primarily of online advertising services offered on the 17173.com Website, Internet value-added services (IVAS) offered on the Dolphin Browser and RaidCall and online card and board games offered by MoboTap, and the Cinema Advertising segment, which consists primarily of the acquisition, from operators of movie theaters, and the sale, to advertisers, of pre-film advertising slots, which are advertisements shown before the screening of a movie in a cinema theater.
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