Sohu.com Inc (SOHU) Scheduled to Post Earnings on Monday
Sohu.com Inc (NASDAQ:SOHU) is set to post its Q415 quarterly earnings results before the market opens on Monday, February 1st. Analysts expect Sohu.com to post earnings of ($0.43) per share and revenue of $459.34 million for the quarter.
Shares of Sohu.com Inc (NASDAQ:SOHU) opened at 49.51 on Friday. The firm’s market capitalization is $1.62 billion. Sohu.com Inc has a 52 week low of $40.20 and a 52 week high of $71.78. The company’s 50-day moving average is $53.27 and its 200 day moving average is $48.79.
In other news, Director Edward B. Roberts sold 1,400 shares of the company’s stock in a transaction on Friday, December 11th. The shares were sold at an average price of $49.05, for a total value of $68,670.00. Following the completion of the transaction, the director now directly owns 24,088 shares in the company, valued at $1,181,516.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Edward B. Roberts sold 42,645 shares of the company’s stock in a transaction on Tuesday, December 8th. The shares were sold at an average price of $49.80, for a total transaction of $2,123,721.00. Following the completion of the transaction, the director now owns 24,088 shares of the company’s stock, valued at $1,199,582.40. The disclosure for this sale can be found here.
An institutional investor recently bought a new position in Sohu.com stock. Simplex Trading bought a new stake in shares of Sohu.com Inc (NASDAQ:SOHU) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The hedge fund bought 7,056 shares of the company’s stock, valued at approximately $403,000.
SOHU has been the subject of a number of recent analyst reports. Brean Capital restated a “hold” rating on shares of Sohu.com in a report on Tuesday, October 27th. Summit Research restated a “hold” rating and issued a $55.00 target price (up from $50.00) on shares of Sohu.com in a report on Monday, November 2nd. HSBC boosted their target price on shares of Sohu.com from $77.00 to $78.00 and gave the company an “outperform” rating in a report on Monday, November 2nd. Barclays lowered their target price on shares of Sohu.com from $64.00 to $60.00 and set an “overweight” rating for the company in a report on Thursday, October 8th. Finally, Goldman Sachs downgraded shares of Sohu.com from a “neutral” rating to a “sell” rating and lowered their target price for the company from $49.00 to $48.00 in a report on Monday, November 30th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $62.20.
Sohu.com Inc. (NASDAQ:SOHU) is an online media, search and game service company providing online products and services on personal computers (PCs) and mobile devices. The Company operates through four segments: brand advertising segment and the others segment (both operated by Sohu), the Sogou segment and the Changyou segment. Sohu’s main business is the brand advertising business, which offers to users, over its matrices of Chinese language online media, various content, products and services across multiple Internet-enabled devices, such as PCs, mobile phones and tablets. Sohu engages in the others business, which includes mobile-related services and mobile products. Sogou is an online search, client software and mobile Internet product provider. Changyou is an online game developer and operator as measured by its MMOG Tian Long Ba Bu (TLBB) and its mobile game TLBB three-dimensional, and engages in the development, operation and licensing of online games for PCs and mobile devices.

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