Changyou.Com (CYOU) Trended Somewhat Favorable News Coverage, Research Finds

Changyou.Com (CYOU) Trended Somewhat Favorable News Coverage, Research Finds

Headlines about Changyou.Com (NASDAQ:CYOU) have been trending somewhat positive on Monday, according to AlphaOne Sentiment Analysis. The research firm, a service of Accern, identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Changyou.Com earned a media sentiment score of 0.08 on AlphaOne’s scale. AlphaOne also assigned news headlines about the technology company an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the news headlines that may have impacted Alpha One Sentiment’s rankings:

Shares of Changyou.Com (NASDAQ:CYOU) traded up 2.10% during trading on Monday, hitting $38.95. 393,362 shares of the stock traded hands. The firm has a market cap of $2.04 billion, a price-to-earnings ratio of 14.65 and a beta of 1.16. Changyou.Com has a 52-week low of $18.27 and a 52-week high of $40.89. The stock has a 50 day moving average of $33.50 and a 200 day moving average of $27.56.

Changyou.Com (NASDAQ:CYOU) last issued its earnings results on Monday, April 24th. The technology company reported $0.66 EPS for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.12. The firm had revenue of $119.90 million for the quarter, compared to analyst estimates of $117.87 million. Changyou.Com had a return on equity of 12.95% and a net margin of 25.58%. Changyou.Com’s revenue for the quarter was down 7.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.85 earnings per share. Analysts expect that Changyou.Com will post $3.31 EPS for the current year.

Several equities analysts have recently weighed in on the stock. Morgan Stanley upgraded shares of Changyou.Com from an “underweight” rating to an “equal weight” rating and set a $27.00 price objective on the stock in a research note on Friday, February 24th. HSBC Holdings plc cut shares of Changyou.Com from a “buy” rating to a “hold” rating in a research note on Tuesday, May 23rd. Benchmark Co. assumed coverage on shares of Changyou.Com in a research note on Tuesday, April 18th. They issued a “hold” rating on the stock. Citigroup Inc upgraded shares of Changyou.Com from a “sell” rating to a “neutral” rating in a research note on Monday. Finally, Macquarie upgraded shares of Changyou.Com from an “underperform” rating to a “neutral” rating in a research note on Tuesday, February 21st. Six investment analysts have rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $26.68.

About Changyou.Com

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:CYOU”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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