Home Online Earning Sogou (SOGO) Earning Somewhat Negative News Coverage, Analysis Finds

Sogou (SOGO) Earning Somewhat Negative News Coverage, Analysis Finds

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Headlines about Sogou (NYSE:SOGO) have been trending somewhat negative this week, according to Accern Sentiment. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sogou earned a news impact score of -0.06 on Accern’s scale. Accern also gave headlines about the company an impact score of 47.2344312171152 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Sogou (NYSE:SOGO) opened at $8.74 on Friday. Sogou has a 52 week low of $8.08 and a 52 week high of $14.70.

Sogou (NYSE:SOGO) last released its quarterly earnings results on Monday, January 29th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.06. The company had revenue of $277.79 million for the quarter, compared to the consensus estimate of $267.56 million. analysts expect that Sogou will post 0.29 EPS for the current fiscal year.

A number of research analysts have commented on SOGO shares. Credit Suisse Group started coverage on Sogou in a research note on Monday, December 4th. They issued an “outperform” rating and a $16.30 target price on the stock. JPMorgan Chase & Co. started coverage on Sogou in a research note on Thursday, December 7th. They issued an “overweight” rating and a $17.00 target price on the stock. Finally, Zacks Investment Research downgraded Sogou from a “hold” rating to a “sell” rating in a research note on Wednesday.

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About Sogou

Sogou Inc is a search and Internet company. The Company’s Sogou Search is a search engine in China. Its cross-language search service enables users to discover English content on the Internet by querying in Chinese and reading content that it has translated into Chinese. The Company’s products and services include Sogu Search, Sogou Input Method and other products.

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