Fang (SFUN) Getting Somewhat Favorable Media Coverage, Study Shows

News stories about Fang (NYSE:SFUN) have trended somewhat positive recently, according to Accern. The research firm scores the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Fang earned a news sentiment score of 0.09 on Accern’s scale. Accern also gave media headlines about the information services provider an impact score of 46.2424709270049 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:

Several research firms have recently weighed in on SFUN. Bank of America reissued a “buy” rating and set a $4.63 price objective (down from $5.30) on shares of Fang in a report on Tuesday, December 26th. ValuEngine cut shares of Fang from a “hold” rating to a “sell” rating in a report on Friday, December 1st. Zacks Investment Research raised shares of Fang from a “hold” rating to a “buy” rating and set a $5.25 price objective for the company in a report on Thursday, November 23rd. Finally, BidaskClub raised shares of Fang from a “buy” rating to a “strong-buy” rating in a report on Tuesday, November 7th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $4.79.

Shares of Fang (SFUN) opened at $5.20 on Friday. Fang has a twelve month low of $2.46 and a twelve month high of $5.58. The company has a market cap of $2,180.00, a P/E ratio of -260.00 and a beta of 1.55. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.52.

Fang (NYSE:SFUN) last announced its earnings results on Friday, November 17th. The information services provider reported $0.03 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.03. Fang had a negative net margin of 1.83% and a negative return on equity of 3.20%. The business had revenue of $112.20 million during the quarter, compared to analysts’ expectations of $106.39 million. During the same period in the prior year, the company earned ($0.03) earnings per share. The firm’s revenue was down 55.1% on a year-over-year basis. equities research analysts predict that Fang will post 0.08 EPS for the current year.

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About Fang

Fang Holdings Limited, formerly SouFun Holdings Limited, operates as a real estate Internet portal in China. The Company’s Websites and mobile applications support active online communities and networks of users seeking information on, and services for, the real estate and home-related sectors in China.

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