Phoenix New Media Limited (FENG) Receiving Somewhat Positive Press Coverage, Accern Reports
Press coverage about Phoenix New Media Limited (NYSE:FENG) has been trending somewhat positive on Saturday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Phoenix New Media Limited earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned headlines about the information services provider an impact score of 45.3011411852865 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:
- Phoenix New Media Limited (FENG) and Its Competitors Head-To-Head Contrast (americanbankingnews.com)
- Financial Contrast: Phoenix New Media Limited (FENG) & The Competition (americanbankingnews.com)
- Phoenix New Media (FENG) versus Its Peers Financial Analysis (americanbankingnews.com)
- The Latest: Concertgoer recalls heroics during Vegas attack (seattlepi.com)
- The Latest: Denver police detective injured in Vegas attack (abcnews.go.com)
Shares of Phoenix New Media Limited (FENG) opened at 5.84 on Friday. The company has a market capitalization of $449.86 million, a PE ratio of 43.26 and a beta of 1.11. Phoenix New Media Limited has a 52 week low of $2.43 and a 52 week high of $6.73. The company has a 50-day moving average price of $5.23 and a 200-day moving average price of $3.62.
Phoenix New Media Limited (NYSE:FENG) last announced its earnings results on Tuesday, August 15th. The information services provider reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.09. The business had revenue of $58.00 million for the quarter, compared to analysts’ expectations of $54.49 million. Phoenix New Media Limited had a return on equity of 3.00% and a net margin of 4.39%. The business’s revenue for the quarter was up 29.8% on a year-over-year basis. During the same period last year, the firm posted $0.01 earnings per share. Analysts predict that Phoenix New Media Limited will post ($0.08) earnings per share for the current year.
Separately, BidaskClub cut Phoenix New Media Limited from a “buy” rating to a “hold” rating in a research note on Wednesday, September 13th.
About Phoenix New Media Limited
Phoenix New Media Limited is a media company providing content on an integrated platform across Internet, mobile and television channels in China. The Company enables consumers to access professional news and other information, and upload text and images (UGC) on the Internet and through their mobile devices.
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