Sina (SINA) Set to Announce Quarterly Earnings on Monday
Sina (NASDAQ:SINA) is scheduled to issue its Q413 quarterly earnings data on Monday, February 24th. Analysts expect the company to announce earnings of $0.46 per share and revenue of $191.84 million for the quarter. Parties interested in registering for the company’s conference call can do so using this link.
Shares of Sina (NASDAQ:SINA) opened at 73.88 on Friday. Sina has a 1-year low of $45.54 and a 1-year high of $92.83. The stock’s 50-day moving average is $74.60 and its 200-day moving average is $79.58. The company has a market cap of $4.944 billion and a P/E ratio of 1622.44.
A number of analysts have recently weighed in on SINA shares. Analysts at BNP Paribas initiated coverage on shares of Sina in a research note on Tuesday, January 21st. They set a “buy” rating on the stock. On the ratings front, analysts at Jefferies Group downgraded shares of Sina from a “buy” rating to a “hold” rating in a research note on Friday, January 17th. They now have a $85.00 price target on the stock, down previously from $107.00. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Sina in a research note on Friday, December 13th. They now have a $83.00 price target on the stock. Two research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $91.99.
SINA Corporation (NASDAQ:SINA) is an online media company serving China and the global Chinese communities.
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