Headlines about Fang (NYSE:SFUN) have trended somewhat negative this week, according to Accern. The research firm ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Fang earned a media sentiment score of -0.01 on Accern’s scale. Accern also assigned news stories about the information services provider an impact score of 45.3046920166183 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shares of NYSE SFUN traded down $0.11 during midday trading on Friday, hitting $5.14. 2,350,199 shares of the company’s stock were exchanged, compared to its average volume of 1,543,437. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.52. The company has a market cap of $2,276.61, a PE ratio of 257.00 and a beta of 1.28. Fang has a twelve month low of $3.01 and a twelve month high of $5.58.
Fang (NYSE:SFUN) last issued its quarterly earnings data on Thursday, March 29th. The information services provider reported $0.03 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by ($0.04). The business had revenue of $112.20 million for the quarter, compared to analyst estimates of $127.72 million. Fang had a return on equity of 1.07% and a net margin of 3.67%. The business’s quarterly revenue was down 35.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.02) earnings per share. sell-side analysts forecast that Fang will post 0.27 earnings per share for the current fiscal year.
Several equities analysts have recently issued reports on SFUN shares. Zacks Investment Research downgraded Fang from a “buy” rating to a “hold” rating in a research report on Wednesday, January 24th. Bank of America reiterated a “buy” rating and set a $4.63 price objective (down from $5.30) on shares of Fang in a research report on Tuesday, December 26th. Finally, ValuEngine downgraded Fang from a “hold” rating to a “sell” rating in a research report on Thursday, March 1st. Two research analysts have rated the stock with a sell rating, two have given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $4.96.
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Fang Company Profile
Fang Holdings Limited, formerly SouFun Holdings Limited, operates as a real estate Internet portal in China. The Company’s Websites and mobile applications support active online communities and networks of users seeking information on, and services for, the real estate and home-related sectors in China.
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