Fang Holdings Limited (NASDAQ:SFUN) To Report Earnings
- Author: Zachary Reyes Apr 01, 2017,
Apr 01, 2017, 17:14
For the quarter ending Jun-17, 3 analysts have a mean sales target of 208.17 million whilst for the year ending Dec-17, 8 analysts have a mean target of 836.73 million. The stock gained a consensus recommendation of 1.88 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell.
However a year ago during same quarter Fang Holdings Ltd (NYSE:SFUN) reported -$0.16 EPS.
Looking at the current price of the stock and the 52 week high and low, it suggests that the stock is likely to go Up in the future.
The company reported an impressive total revenue of 883.55 Million in the last fiscal year. SouFun Holdings Ltd. P/E (price to earnings) ratio is 0 and Forward P/E ratio of 39.28.
The company's shares closed at $2.66. The 1-year price target of the company is 4.93. Bearish revenue estimates established at $178.83M while the bullish revenue forecast has been figured out at $200.9M. The company reached a 52-week low at 2.46 on Mar 29, 2017. Legal & General Group Plc now owns 480,232 shares of the company's stock worth $2,416,000 after buying an additional 294,532 shares during the period. There was a stock decrease by -1.85 percent. The stock's current distance from 20-Day Simple Moving Average (SMA20) is -7.4% where SMA50 and SMA200 are -15.94% and -30.45% respectively. According to their observations and findings, the stock could provide a high EPS of $0.03/share and a Low EPS of $0.01/share. Share performance for the month is now at -11.92%.
On March 29, 2017, Bloomberg News declared that Beijing City's housing commission canceled the brokerage license of a unit of Fang Holdings because the unit posted fake online information for property sales.
Commenting on the results, the company's chairman and CEO, Vincent Mo, said, "I admit that our two-year long transformation is a failure up to today".
While taking a glance at financials, we can look at a number of key indicators. A low P/S can also be effective in valuing growth stocks that have suffered a temporary setback. Fang Holdings Ltd (NYSE:SFUN) has a Return on Assets (ROA) of -9.30%. The Stock now has the market capitalization of $1.23 Billion, P/E (price to earnings ttm) of 0 and Weekly volatility of 4.95% and monthly volatility of 4.55% respectively.
The company's quick ratio for most recent quarter is 1.20 along with current ratio for most recent quarter of 1.20.
On Dec 16 ArcelorMittal (NYSE:MT) reported its EPS in the last quarter as $0.24/Share beating the analyst estimate of $0.01/Share by the difference of $0.23.