Headlines about SouFun Holdings Limited (NYSE:SFUN) have trended somewhat positive on Saturday, Accern Sentiment reports. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news 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. SouFun Holdings Limited earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned media stories about the information services provider an impact score of 45.5296360179544 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of SouFun Holdings Limited (NYSE:SFUN) opened at 3.40 on Friday. The stock’s market cap is $1.50 billion. SouFun Holdings Limited has a 12 month low of $2.46 and a 12 month high of $4.81. The stock has a 50 day moving average price of $3.22 and a 200 day moving average price of $3.29.
SouFun Holdings Limited (NYSE:SFUN) last released its quarterly earnings results on Tuesday, June 20th. The information services provider reported ($0.02) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by $0.01. SouFun Holdings Limited had a negative net margin of 8.27% and a negative return on equity of 14.64%. The company had revenue of $109.80 million during the quarter, compared to the consensus estimate of $123.73 million. During the same period in the prior year, the company earned ($0.23) earnings per share. The firm’s revenue was down 46.3% compared to the same quarter last year. Equities analysts anticipate that SouFun Holdings Limited will post $0.09 EPS for the current fiscal year.
Several brokerages have weighed in on SFUN. Bank of America Corporation reiterated a “buy” rating and issued a $4.60 target price (down from $5.00) on shares of SouFun Holdings Limited in a research note on Wednesday, June 21st. Zacks Investment Research downgraded SouFun Holdings Limited from a “hold” rating to a “sell” rating in a research note on Friday, June 23rd. BidaskClub upgraded SouFun Holdings Limited from a “strong sell” rating to a “sell” rating in a research report on Monday, July 31st. T.H. Capital decreased their target price on SouFun Holdings Limited from $9.00 to $4.50 and set a “buy” rating on the stock in a research report on Friday, June 16th. Finally, UBS AG downgraded SouFun Holdings Limited from a “buy” rating to a “neutral” rating in a research report on Thursday, May 25th. Five investment analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $3.84.
SouFun Holdings Limited Company Profile
Fang Holdings Limited, formerly SouFun Holdings Limited, operates as a real estate Internet portal in China. The Company’s Websites and mobile applications support active online communities and networks of users seeking information on, and services for, the real estate and home-related sectors in China.
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