Published On: Wed, Sep 14th, 2016

Research Analysts’ Recent Ratings Updates for Sohu.com (SOHU)

A number of research firms have changed their ratings and price targets for Sohu.com (NASDAQ: SOHU):

9/12/2016 – Sohu.com was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Sohu.com's business has been impacted by sluggish macroeconomic conditions in China. Specifically, its brand advertising business has remained sluggish because of the lower spending levels. Furthermore, the company has been cutting down its spending levels, which will make market share gain more difficult in the near term due to stiffening competition from peers. Nonetheless, the company’s strength in search and mobile businesses is a positive. The online video business also has some decent growth potential.”
9/9/2016 – Sohu.com is now covered by analysts at Deutsche Bank AG. They set a “buy” rating and a $53.30 price target on the stock.
9/6/2016 – Sohu.com was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Sohu.com has been witnessing negative estimate revisions of late. The company's business has been impacted by sluggish macroeconomic conditions in China. Specifically, its brand advertising business has remained sluggish because of the lower spending levels. Furthermore, the company has been cutting down its spending levels, which will make market share gain more difficult in the near term due to stiffening competition from peers. Nonetheless, the company’s strength in search and mobile businesses is a positive. The online video business also has some decent growth potential.”
8/31/2016 – Sohu.com had its “underweight” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a $40.00 price target on the stock.
8/29/2016 – Sohu.com was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Sohu's business has been impacted by sluggish macroeconomic conditions in China. Specifically, its brand advertising business has remained sluggish because of the lower spending levels. Furthermore, the company has been cutting down its spending levels, which will make market share gain more difficult in the near term due to stiffening competition from peers. Nonetheless, the company’s strength in search and mobile businesses is a positive. The online video business also has some decent growth potential.”
8/19/2016 – Sohu.com was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Sohu's business has been impacted by sluggish macroeconomic conditions in China. Specifically, its brand advertising business has remained sluggish because of the lower spending levels. Furthermore, the company has been cutting down its spending levels, which will make market share gain more difficult in the near term due to stiffening competition from peers. Nonetheless, the company’s strength in search and mobile businesses is a positive. The online video business also has some decent growth potential.”
8/5/2016 – Sohu.com was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Sohu's business has been impacted by sluggish macroeconomic conditions in China. Specifically, its brand advertising business has remained sluggish because of the lower spending levels. Furthermore, the company has been cutting down its spending levels, which will make market share gain more difficult in the near term due to stiffening competition from peers. Nonetheless, the company’s strength in search and mobile businesses is a positive. The online video business also has some decent growth potential.”
8/2/2016 – Sohu.com was downgraded by analysts at TheStreet from a “hold” rating to a “sell” rating.
7/22/2016 – Sohu.com was downgraded by analysts at Citigroup Inc. from a “buy” rating to a “neutral” rating.

Sohu.com Inc. (NASDAQ:SOHU) opened at 42.93 on Wednesday. The company’s market cap is $1.66 billion. Sohu.com Inc. has a 1-year low of $35.65 and a 1-year high of $59.50. The stock has a 50 day moving average of $39.78 and a 200-day moving average of $42.40.

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Sohu.com (NASDAQ:SOHU) last issued its earnings results on Monday, August 1st. The company reported ($1.62) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($1.37) by $0.25. The firm earned $420 million during the quarter, compared to the consensus estimate of $439.64 million. Sohu.com had a negative net margin of 3.45% and a negative return on equity of 3.65%. The firm’s revenue for the quarter was down 14.9% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.37) earnings per share. On average, equities research analysts predict that Sohu.com Inc. will post ($6.60) earnings per share for the current year.
Sohu.com Inc (Sohu) is an online media, search and game service company providing online products and services on personal computers (PCs) and mobile devices in the People’s Republic of China (the PRC). The Company operates through three segments: the Sohu segment; the Sogou segment, and the Changyou segment.

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