Cheetah Mobile Inc (NYSE:CMCM) shares traded 8.11% up during most recent session to reach at the closing price of $13.19. The stock exchanged hands 3.35 Million shares versus average trading capacity of 1.45 Million shares, yielding a market cap of $1.83 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $11.46 within the next 52-weeks. The mean target projections are based on 7 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Cheetah Mobile Inc (NYSE:CMCM) high price target of $12.69 and with a conservative view have low price target of $10.69.
Credit Suisse “Downgrades” Cheetah Mobile Inc (NYSE:CMCM) in a research note issued to investors on 5/20/16 to Underperform with price target of $8.
Additionally on 4/26/16 Morgan Stanley “Downgrades” Cheetah Mobile Inc (NYSE:CMCM) to Equal-Weight setting price target at $15.3 and on 3/17/16 Morgan Stanley “Maintained” the stock to Overweight at $18.3. Furthermore on 3/13/16 Summit Research Partners “Terminates” the stock to .
On the other hand the company has Relative Strength Index (RSI 14) of 43.57 along with Average True Range (ATR 14) of 0.9, Consequently Cheetah Mobile Inc (NYSE:CMCM)’s weekly and monthly volatility is 9.64%, 5.75% respectively. The company’s beta value is at 3.49.
In terms of Buy, Sell or Hold recommendations, Cheetah Mobile Inc (NYSE:CMCM) has analysts’ mean recommendation of 3.2. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Cheetah Mobile Inc (NYSE:CMCM)’s minimum EPS for the current quarter is at $0.12 and can go high up to $0.23. The consensus mean EPS for the current quarter is at $0.19 derived from a total of 4 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.13 earnings per share for the same quarter during last year.
Previously Cheetah Mobile Inc (NYSE:CMCM) reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.08. The company posted an earnings surprise of 88.9%.
Cheetah Mobile Inc (NYSE:CMCM)’s revenue estimates for the current quarter are $202.29 Million according to 4 number of analysts, for the current quarter the company has high revenue estimates of $202.6 Million in contradiction of low revenue estimates of $202.04 Million. For the current year the company’s revenue estimates are $769.85 Million compared to low analyst estimates of $769.5 Million and high estimates of $770.24 Million according to 5 number of analysts.
Currently Cheetah Mobile Inc (NYSE:CMCM)’s shares owned by insiders are 16.71%, whereas shares owned by institutional owners are 28.6%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded -4.95%.
Cheetah Mobile Inc (NYSE:CMCM) 52-week high price stands at $18.18 and low price stands at $7.54, its price distance from 52-week high is -27.45% while its distance from 52-week low price is 74.93%. The stock hit its 52-week high on 01/11/18, and 52-week low on 10/26/17.
Cheetah Mobile Inc (NYSE:CMCM)’s trailing twelve month revenues are $769.2 Million, whereas its price to sales ratio for the same period is 2.37. Its book value per share for the most recent quarter is $3.75 while its price to book ratio for the same period is 3.52, as for as the company’s cash per share for the most recent quarter is $2.61, however its price to cash per share ratio for the same period is 5.06. The stock has 5 year expected PEG ratio of 3.59 whereas its trailing twelve month P/E ratio is 32.89.