Media headlines about Changyou.Com (NASDAQ:CYOU) have trended somewhat positive on Wednesday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Changyou.Com earned a news sentiment score of 0.13 on Accern’s scale. Accern also gave headlines about the technology company an impact score of 45.6362470155849 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of Changyou.Com (NASDAQ:CYOU) opened at $35.18 on Wednesday. The firm has a market cap of $1,935.82, a P/E ratio of 16.29 and a beta of 1.11. Changyou.Com has a 52-week low of $22.52 and a 52-week high of $44.55.
Changyou.Com (NASDAQ:CYOU) last released its earnings results on Friday, October 27th. The technology company reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of $1.04 by ($1.17). The firm had revenue of $165.60 million for the quarter, compared to analyst estimates of $164.94 million. Changyou.Com had a net margin of 20.42% and a return on equity of 9.50%. The business’s revenue for the quarter was up 21.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.85 EPS.
Several research analysts have recently issued reports on the company. ValuEngine raised Changyou.Com from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 31st. Deutsche Bank raised Changyou.Com from a “hold” rating to a “buy” rating in a research note on Monday, October 30th. Credit Suisse Group began coverage on Changyou.Com in a research note on Tuesday, October 3rd. They issued a “neutral” rating and a $40.30 price objective for the company. Finally, Zacks Investment Research downgraded shares of Changyou.Com from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 2nd. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. Changyou.Com currently has a consensus rating of “Hold” and an average price target of $38.06.
Changyou.Com 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.
Receive News & Ratings for Changyou.Com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Changyou.Com and related companies with MarketBeat.com's FREE daily email newsletter.