BidaskClub cut shares of Changyou.Com (NASDAQ:CYOU) from a sell rating to a strong sell rating in a report released on Thursday morning, BidAskClub reports.

A number of other analysts have also recently commented on CYOU. ValuEngine upgraded shares of Changyou.Com from a strong sell rating to a sell rating in a research note on Wednesday, October 2nd. Jefferies Financial Group initiated coverage on shares of Changyou.Com in a research note on Monday, August 5th. They issued an underperform rating and a $6.90 target price for the company. Finally, Zacks Investment Research upgraded shares of Changyou.Com from a hold rating to a buy rating and set a $11.00 target price for the company in a research note on Thursday, November 7th.

Shares of Changyou.Com stock traded up $0.01 on Thursday, reaching $9.48. The stock had a trading volume of 134,900 shares, compared to its average volume of 250,109. The company has a 50 day moving average price of $9.55 and a 200 day moving average price of $10.38. Changyou.Com has a 1 year low of $5.43 and a 1 year high of $22.27. The stock has a market capitalization of $510.14 million, a P/E ratio of 6.04, a P/E/G ratio of 0.12 and a beta of 0.92.

Changyou.Com (NASDAQ:CYOU) last issued its quarterly earnings data on Monday, November 4th. The technology company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.17. Changyou.Com had a net margin of 20.16% and a return on equity of 15.83%. The firm had revenue of $110.84 million for the quarter, compared to the consensus estimate of $91.05 million. During the same quarter in the previous year, the firm earned $1.01 EPS. The company’s quarterly revenue was up 8.5% compared to the same quarter last year. As a group, equities research analysts anticipate that Changyou.Com will post 2.14 earnings per share for the current year.

Hedge funds have recently added to or reduced their stakes in the stock. Aperio Group LLC acquired a new stake in Changyou.Com in the 2nd quarter worth approximately $63,000. Jane Street Group LLC acquired a new stake in Changyou.Com in the 2nd quarter worth approximately $121,000. Wealth Architects LLC acquired a new stake in Changyou.Com in the 3rd quarter worth approximately $127,000. Trexquant Investment LP acquired a new stake in Changyou.Com in the 2nd quarter worth approximately $131,000. Finally, Unison Advisors LLC acquired a new stake in Changyou.Com in the 2nd quarter worth approximately $154,000. Institutional investors own 27.60% of the company’s stock.

About Changyou.Com

Changyou.com Limited develops and operates online games in the People's Republic of China. The company operates through Online Game, Platform Channel, and Cinema Advertising segments. It develops, operates, and licenses online games, including interactive online games that are accessed and played simultaneously by various game players through personal computers; and mobile games played on mobile devices.

See Also: Why do earnings reports matter?

Receive News & Ratings for Changyou.Com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Changyou.Com and related companies with MarketBeat.com's FREE daily email newsletter.