Headlines about Cheetah Mobile (NASDAQ:CMCM) have trended somewhat positive on Thursday, according to Accern. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Cheetah Mobile earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news headlines about the software maker an impact score of 45.2781422725968 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
A number of equities research analysts have recently commented on CMCM shares. Zacks Investment Research cut shares of Cheetah Mobile from a “buy” rating to a “hold” rating in a research note on Tuesday, July 25th. BidaskClub upgraded shares of Cheetah Mobile from a “hold” rating to a “buy” rating in a research note on Wednesday, August 2nd. Nomura lifted their price target on shares of Cheetah Mobile from $11.50 to $12.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 23rd. Instinet restated a “neutral” rating and set a $12.00 price objective (up from $11.50) on shares of Cheetah Mobile in a research report on Wednesday, August 23rd. Finally, Credit Suisse Group started coverage on shares of Cheetah Mobile in a research report on Tuesday, October 3rd. They set a “neutral” rating and a $9.50 price objective on the stock. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $11.38.
Shares of Cheetah Mobile (CMCM) traded down 4.39% during trading on Thursday, hitting $8.05. 4,214,215 shares of the company’s stock were exchanged. Cheetah Mobile has a 12-month low of $7.54 and a 12-month high of $13.79. The company has a market cap of $1.12 billion and a P/E ratio of 33.97. The company has a 50-day moving average of $8.79 and a 200-day moving average of $10.34.
Cheetah Mobile (NASDAQ:CMCM) last posted its earnings results on Tuesday, August 22nd. The software maker reported $0.07 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.01 by $0.06. The firm had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.19 billion. Cheetah Mobile had a net margin of 6.11% and a return on equity of 8.91%. The company’s revenue was up 14.8% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.44) EPS. On average, equities analysts expect that Cheetah Mobile will post $0.42 earnings per share for the current fiscal year.
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Cheetah Mobile Company Profile
Cheetah Mobile Inc is a holding company. The Company and its consolidated subsidiaries, variable interest entities (VIEs) and a VIE’s subsidiary are engaged in the provision of online marketing services, Internet value-added services, and Internet security services and others. The Company operates a platform that offers mobile and personal computer (PC) applications for its users and global content promotional channels for its customers, both of which are powered by its cloud-based data analytics engines.
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