ValuEngine upgraded shares of Sohu.com (NASDAQ:SOHU) from a hold rating to a buy rating in a research note released on Thursday morning, ValuEngine reports.

Several other research analysts have also issued reports on SOHU. Zacks Investment Research lowered shares of Sohu.com from a buy rating to a hold rating and set a $14.00 price target for the company. in a research report on Monday, November 11th. BidaskClub raised shares of Sohu.com from a sell rating to a hold rating in a research report on Tuesday, January 7th. Finally, Jefferies Financial Group assumed coverage on shares of Sohu.com in a research report on Thursday, December 5th. They issued a hold rating and a $11.30 price target for the company.

NASDAQ:SOHU traded down $0.03 during mid-day trading on Thursday, hitting $12.28. The company’s stock had a trading volume of 279,560 shares, compared to its average volume of 491,992. Sohu.com has a fifty-two week low of $8.79 and a fifty-two week high of $22.71. The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $478.59 million, a price-to-earnings ratio of -2.97 and a beta of 1.49. The stock has a fifty day moving average of $11.27 and a 200-day moving average of $11.29.

Sohu.com (NASDAQ:SOHU) last posted its quarterly earnings results on Monday, November 4th. The information services provider reported ($0.47) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.89) by $0.42. Sohu.com had a negative net margin of 6.29% and a negative return on equity of 8.16%. The firm had revenue of $482.30 million during the quarter, compared to analyst estimates of $449.43 million. During the same quarter in the prior year, the business posted ($0.81) earnings per share. The company’s quarterly revenue was up 8.6% compared to the same quarter last year. On average, equities analysts anticipate that Sohu.com will post -3.91 earnings per share for the current fiscal year.

A number of large investors have recently bought and sold shares of the stock. River & Mercantile Asset Management LLP increased its holdings in shares of Sohu.com by 56.6% during the third quarter. River & Mercantile Asset Management LLP now owns 586,059 shares of the information services provider’s stock worth $5,957,000 after buying an additional 211,900 shares in the last quarter. Millennium Management LLC increased its holdings in shares of Sohu.com by 621.6% during the third quarter. Millennium Management LLC now owns 166,722 shares of the information services provider’s stock worth $1,693,000 after buying an additional 143,619 shares in the last quarter. Essex Investment Management Co. LLC acquired a new stake in shares of Sohu.com during the third quarter worth approximately $805,000. Macquarie Group Ltd. increased its holdings in shares of Sohu.com by 1.7% during the second quarter. Macquarie Group Ltd. now owns 4,104,767 shares of the information services provider’s stock worth $57,467,000 after buying an additional 67,236 shares in the last quarter. Finally, Canada Pension Plan Investment Board increased its holdings in shares of Sohu.com by 8,471.4% during the second quarter. Canada Pension Plan Investment Board now owns 64,200 shares of the information services provider’s stock worth $899,000 after buying an additional 63,451 shares in the last quarter. 54.88% of the stock is owned by hedge funds and other institutional investors.

About Sohu.com

Sohu.com Limited provides online media, search, and game services on personal computers (PCs) and mobile devices in the People's Republic of China. The company provides online news and information through a mobile phone application, Sohu News APP; sohu.com for PCs; and m.sohu.com mobile portal, as well as online video content and service through tv.sohu.com for PCs, as well as Sohu Video APP mobile phone application.

Featured Story: Growth Stocks

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

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