Press coverage about Cheetah Mobile (NYSE:CMCM) has trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cheetah Mobile earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news headlines about the software maker an impact score of 46.2852860638006 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
CMCM stock opened at $13.37 on Monday. Cheetah Mobile has a 1 year low of $7.54 and a 1 year high of $18.18. The stock has a market capitalization of $1,920.37, a P/E ratio of 9.42 and a beta of 3.45. The company has a quick ratio of 1.85, a current ratio of 2.49 and a debt-to-equity ratio of 0.02.
Cheetah Mobile (NYSE:CMCM) last released its quarterly earnings results on Monday, March 19th. The software maker reported $1.12 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.21 by $0.91. Cheetah Mobile had a net margin of 27.66% and a return on equity of 37.29%. The company had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.28 billion. During the same period in the prior year, the firm earned $0.80 earnings per share. Cheetah Mobile’s revenue was up 8.9% on a year-over-year basis.
CMCM has been the subject of several recent analyst reports. TheStreet raised shares of Cheetah Mobile from a “c+” rating to a “b-” rating in a research note on Thursday, January 18th. Credit Suisse Group set a $13.00 price target on shares of Cheetah Mobile and gave the stock a “hold” rating in a research note on Monday, March 19th. Finally, Macquarie downgraded shares of Cheetah Mobile from a “neutral” rating to an “underperform” rating in a research note on Tuesday, March 13th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $12.25.
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About Cheetah Mobile
Cheetah Mobile Inc operates a platform that offers mobile and personal computer (PC) applications for its users and global content promotional channels. The company's suite of utility applications optimizes mobile and PC Internet system performance and provides real time protection against known and unknown security threats.
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