Jiayuan.com Rating Increased to Neutral at Zacks (DATE)
Jiayuan.com (NASDAQ:DATE) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research report issued on Thursday. The firm currently has a $5.80 price objective on the stock. Zacks‘s price objective indicates a potential upside of 1.75% from the stock’s previous close.
Shares of Jiayuan.com (NASDAQ:DATE) traded up 0.35% on Thursday, hitting $5.72. 51,790 shares of the company’s stock traded hands. Jiayuan.com has a 52-week low of $5.10 and a 52-week high of $8.85. The stock has a 50-day moving average of $5.66 and a 200-day moving average of $6.20. The company has a market cap of $170.4 million and a P/E ratio of 25.33.
Jiayuan.com (NASDAQ:DATE) last issued its quarterly earnings data on Tuesday, June 3rd. The company reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.01. The company had revenue of $21.60 million for the quarter, compared to the consensus estimate of $21.61 million. The company’s revenue for the quarter was up 20.5% on a year-over-year basis. Analysts expect that Jiayuan.com will post $0.26 EPS for the current fiscal year.
Separately, analysts at TheStreet downgraded shares of Jiayuan.com from a “buy” rating to a “hold” rating in a research note on Friday, June 13th.
Jiayuan.com International Ltd. is an online dating platform in China. The Company’s Website, Jiayuan.
To view Zacks’ full report, visit Zacks’ official website.
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