Changyou.Com (NASDAQ:CYOU) was downgraded by equities researchers at ValuEngine from a “strong-buy” rating to a “buy” rating in a research report issued on Tuesday.

CYOU has been the subject of a number of other research reports. BidaskClub upgraded Changyou.Com from a “strong sell” rating to a “sell” rating in a research note on Friday, February 2nd. Deutsche Bank upgraded Changyou.Com from a “hold” rating to a “buy” rating in a research note on Monday, October 30th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $38.06.

Shares of Changyou.Com (NASDAQ:CYOU) opened at $27.22 on Tuesday. Changyou.Com has a 12 month low of $24.49 and a 12 month high of $44.55. The firm has a market capitalization of $1,449.77, a P/E ratio of 13.41, a price-to-earnings-growth ratio of 0.59 and a beta of 0.80.

Changyou.Com (NASDAQ:CYOU) last issued its quarterly earnings data on Monday, January 29th. The technology company reported $0.64 earnings per share for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.17). Changyou.Com had a net margin of 18.76% and a return on equity of 8.64%. The business had revenue of $144.50 million for the quarter, compared to analyst estimates of $149.95 million. During the same quarter last year, the business earned $0.75 EPS. Changyou.Com’s revenue for the quarter was up 10.7% compared to the same quarter last year. research analysts forecast that Changyou.Com will post 3.03 earnings per share for the current year.

Institutional investors and hedge funds have recently modified their holdings of the company. BNP Paribas Arbitrage SA grew its position in shares of Changyou.Com by 164.3% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 2,543 shares of the technology company’s stock worth $101,000 after acquiring an additional 1,581 shares in the last quarter. Caxton Associates LP acquired a new position in shares of Changyou.Com in the 3rd quarter worth approximately $202,000. Campbell & CO Investment Adviser LLC acquired a new position in shares of Changyou.Com in the 3rd quarter worth approximately $228,000. APG Asset Management N.V. acquired a new position in shares of Changyou.Com in the 3rd quarter worth approximately $246,000. Finally, JPMorgan Chase & Co. acquired a new position in shares of Changyou.Com in the 3rd quarter worth approximately $263,000. Institutional investors own 27.70% of the company’s stock.

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Changyou.Com Company Profile

Changyou.com Limited is an online game developer and operator. The Company is engaged in the development, operation and licensing of online games for personal computers (PCs) and mobile devices. The Company’s segments include Online Game segment, which consists primarily of PC games and mobile games; the Platform Channel segment, which consists primarily of online advertising services offered on the 17173.com Website, Internet value-added services (IVAS) offered on the Dolphin Browser and RaidCall and online card and board games offered by MoboTap, and the Cinema Advertising segment, which consists primarily of the acquisition, from operators of movie theaters, and the sale, to advertisers, of pre-film advertising slots, which are advertisements shown before the screening of a movie in a cinema theater.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Changyou.Com (NASDAQ:CYOU)

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