Cheetah Mobile Inc (NYSE:CMCM) has earned a consensus rating of “Hold” from the six research firms that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $11.75.
Several research analysts have recently weighed in on the company. TheStreet raised Cheetah Mobile from a “c+” rating to a “b-” rating in a research report on Thursday, January 18th. BidaskClub cut Cheetah Mobile from a “hold” rating to a “sell” rating in a research report on Friday, October 13th. Finally, Credit Suisse Group set a $11.00 price objective on Cheetah Mobile and gave the stock a “hold” rating in a research report on Friday, November 24th.
An institutional investor recently bought a new position in Cheetah Mobile stock. Acadian Asset Management LLC purchased a new stake in shares of Cheetah Mobile Inc (NYSE:CMCM) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 62,202 shares of the software maker’s stock, valued at approximately $752,000. Institutional investors and hedge funds own 7.23% of the company’s stock.
Cheetah Mobile (CMCM) opened at $13.90 on Monday. Cheetah Mobile has a 52 week low of $7.54 and a 52 week high of $18.18. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.02. The stock has a market capitalization of $1,996.50, a PE ratio of 38.61 and a beta of 3.52.
Cheetah Mobile (NYSE:CMCM) last posted its earnings results on Tuesday, November 21st. The software maker reported $0.14 earnings per share (EPS) for the quarter. Cheetah Mobile had a return on equity of 17.24% and a net margin of 12.09%.
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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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