Changyou.Com Ltd (NASDAQ:CYOU) has earned an average recommendation of “Hold” from the ten brokerages that are presently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $35.15.
A number of equities analysts have issued reports on the stock. BidaskClub raised shares of Changyou.Com from a “strong sell” rating to a “sell” rating in a research note on Friday, February 2nd. ValuEngine raised shares of Changyou.Com from a “buy” rating to a “strong-buy” rating in a research report on Monday, February 5th.
Several hedge funds and other institutional investors have recently made changes to their positions in CYOU. Millennium Management LLC raised its holdings in shares of Changyou.Com by 19.7% during the fourth quarter. Millennium Management LLC now owns 132,272 shares of the technology company’s stock worth $4,819,000 after acquiring an additional 21,796 shares during the period. HBK Investments L P raised its holdings in shares of Changyou.Com by 78.8% during the fourth quarter. HBK Investments L P now owns 15,994 shares of the technology company’s stock worth $583,000 after acquiring an additional 7,049 shares during the period. Two Sigma Advisers LP raised its holdings in shares of Changyou.Com by 6.8% during the fourth quarter. Two Sigma Advisers LP now owns 269,899 shares of the technology company’s stock worth $9,832,000 after acquiring an additional 17,200 shares during the period. York Capital Management Global Advisors LLC acquired a new stake in shares of Changyou.Com during the fourth quarter worth $19,546,000. Finally, Goldman Sachs Group Inc. raised its holdings in shares of Changyou.Com by 113.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 12,289 shares of the technology company’s stock worth $448,000 after acquiring an additional 106,131 shares during the period. 32.69% of the stock is currently owned by institutional investors.
Changyou.Com (NASDAQ:CYOU) traded up $0.02 on Wednesday, hitting $28.59. 87,565 shares of the stock traded hands, compared to its average volume of 239,448. Changyou.Com has a twelve month low of $25.83 and a twelve month high of $44.55. The company has a market capitalization of $1,460.77, a PE ratio of 14.08, a P/E/G ratio of 0.60 and a beta of 0.85.
Changyou.Com (NASDAQ:CYOU) last announced its quarterly earnings data on Monday, January 29th. The technology company reported $0.64 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.17). Changyou.Com had a net margin of 18.76% and a return on equity of 8.64%. The business had revenue of $144.50 million during the quarter, compared to the consensus estimate of $149.95 million. During the same period in the previous year, the business posted $0.75 earnings per share. Changyou.Com’s revenue was up 10.7% compared to the same quarter last year. research analysts anticipate that Changyou.Com will post 3.03 EPS for the current fiscal year.
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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.
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