Can analysts adopt a bullish outlook for Fang Holdings Ltd (NYSE:SFUN)?

Author

24 June, 2017

The share price of SouFun Holdings Limited (NYSE:SFUN) was up +5.96% during the last trading session, with a day high of 3.40. Brown Advisory reported 101,212 shares. A negative earnings surprise will usually result in a decline in share price. FIL Ltd now owns 3,265,780 shares of the information services provider's stock worth $10,646,000 after buying an additional 2,786,255 shares during the period.

11/15/2013 - Credit Suisse began new coverage on SouFun Holdings Limited giving the company a "outperform" rating. The firm has "Overweight" rating given on Monday, March 21 by Morgan Stanley.

10 stocks we like better than Fang Holdings Ltd. Four research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the stock. A beta of 1.0 tells you that a stock has been going up and down with the overall stock market. Zacks Investment Research lowered SouFun Holdings Limited from a "hold" rating to a "sell" rating in a research note on Wednesday, March 1st. Therefore 72% are positive.

The short interest to Fang Holdings Limited's float is 8.52%. The firm has "Buy" rating by Citigroup given on Wednesday, July 13.

Investors of this company earned a return of -8.60% on the assets it owns in past twelve month. The firm had revenue of $109.80 million for the quarter, compared to the consensus estimate of $123.73 million. On Thursday, September 3 the stock rating was upgraded by Credit Agricole to "Buy". The stock is unnoticeable among investors as SFUN reported unfavorable performance of -2.74%.

Fang Holdings Limited, formerly SouFun Holdings Limited, operates as a real estate Internet portal in China. The rating was downgraded by Goldman Sachs to "Neutral" on Monday, November 30. On the other side, analysts now consider Fang Holdings Limited a sell, and a technical analysis of the stock is setting somewhat neutral outlook for now.

This stock is ahead of its 52-week low with +26.97%. Finally, AQR Capital Management LLC purchased a new position in shares of SouFun Holdings Limited during the fourth quarter worth about $404,000. It also upped Fireeye Inc (Call) (NASDAQ:FEYE) stake by 290,600 shares and now owns 312,100 shares. Raytheon Company (NYSE:RTN) was raised too.

Since February 6, 2017, it had 0 insider purchases, and 33 selling transactions for $72.29 million activity. The stock's quarterly performance specifies a shift of 22.02%, and its last twelve month performance is stands at -34.62% while moved 12.67% for the past six months. With 1.67 million shares average volume, it will take short sellers 14 days to cover their SFUN's short positions. $283,500 worth of Mettler-Toledo International Inc. Its minimum price target estimates has been figured out at $2.8 while the maximum price target forecast is established at $5.7. Income tax expenses were $11.3 million, compared to $0.5 million for the same period past year, primarily due to higher profitability and the change in tax status of the Company's PRC subsidiary from being fully tax exempted to being subject to 50% of the enterprise income tax rate in 2017. The EPS of company is strolling at -2.91.

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