Cheetah Mobile Inc. (NYSE:CMCM) posted its quarterly earnings data on Tuesday. The software maker reported $1.10 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.09 by $1.01, Briefing.com reports. The firm had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.19 billion. Cheetah Mobile had a net margin of 4.57% and a return on equity of 6.79%. The firm’s quarterly revenue was up 6.5% on a year-over-year basis. During the same quarter last year, the company posted $0.51 EPS.

Shares of Cheetah Mobile (NYSE:CMCM) traded down $0.05 on Tuesday, hitting $10.82. 710,400 shares of the stock were exchanged, compared to its average volume of 910,775. Cheetah Mobile has a fifty-two week low of $7.54 and a fifty-two week high of $13.79. The firm has a market cap of $1,840.00, a price-to-earnings ratio of 49.41 and a beta of 3.01. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.89 and a quick ratio of 1.89.

ILLEGAL ACTIVITY NOTICE: “Cheetah Mobile Inc. (CMCM) Posts Earnings Results, Beats Estimates By $1.01 EPS” was originally posted by TheOlympiaReport and is owned by of TheOlympiaReport. If you are accessing this piece on another domain, it was copied illegally and republished in violation of United States and international copyright and trademark laws. The legal version of this piece can be accessed at https://theolympiareport.com/2017/11/21/cheetah-mobile-inc-cmcm-posts-earnings-results-beats-estimates-by-1-01-eps.html.

A number of research firms recently weighed in on CMCM. BidaskClub raised shares of Cheetah Mobile from a “hold” rating to a “buy” rating in a research report on Friday, August 18th. Zacks Investment Research cut shares of Cheetah Mobile from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th. Instinet reiterated a “neutral” rating and set a $12.00 target price (up from $11.50) on shares of Cheetah Mobile in a report on Wednesday, August 23rd. Nomura increased their target price on shares of Cheetah Mobile from $11.50 to $12.00 and gave the stock a “neutral” rating in a report on Wednesday, August 23rd. Finally, Credit Suisse Group assumed coverage on shares of Cheetah Mobile in a report on Tuesday, October 3rd. They set a “neutral” rating and a $9.50 target price on the stock. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $11.38.

About Cheetah Mobile

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.

Earnings History for Cheetah Mobile (NYSE:CMCM)

Receive News & Ratings for Cheetah Mobile Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cheetah Mobile Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.