Phoenix New Media (FENG) Set to Announce Quarterly Earnings on Monday

Share on StockTwits

Phoenix New Media (NYSE:FENG) will be announcing its earnings results after the market closes on Monday, March 18th.

FENG stock opened at $4.18 on Friday. The stock has a market capitalization of $303.83 million, a price-to-earnings ratio of 52.25 and a beta of 2.49. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.18 and a quick ratio of 2.18. Phoenix New Media has a 12 month low of $2.83 and a 12 month high of $5.83.

A number of analysts have commented on FENG shares. ValuEngine upgraded shares of Phoenix New Media from a “hold” rating to a “buy” rating in a report on Tuesday, January 29th. Zacks Investment Research upgraded shares of Phoenix New Media from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 11th.

A hedge fund recently bought a new stake in Phoenix New Media stock. Geode Capital Management LLC acquired a new stake in Phoenix New Media Ltd (NYSE:FENG) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 42,822 shares of the information services provider’s stock, valued at approximately $137,000. Geode Capital Management LLC owned about 0.06% of Phoenix New Media at the end of the most recent quarter. 14.38% of the stock is owned by institutional investors and hedge funds.

TRADEMARK VIOLATION WARNING: This news story was reported by Highlight Press and is the sole property of of Highlight Press. If you are accessing this news story on another website, it was illegally copied and reposted in violation of US and international trademark & copyright laws. The original version of this news story can be viewed at https://highlightpress.com/2019/03/16/phoenix-new-media-feng-set-to-announce-quarterly-earnings-on-monday.html.

About Phoenix New Media

Phoenix New Media Limited provides content on an integrated Internet platform in the People's Republic of China. The company operates in two segments, Net Advertising Services and Paid Services. It offers content and services through three channels, including PC channel, mobile channel, and telecom operators, as well as transmits content to TV viewers, primarily through Phoenix TV.

See Also: Why do companies issue convertible shares?

Earnings History for Phoenix New Media (NYSE:FENG)

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