E-House China Rating Lowered to Neutral at Goldman Sachs (EJ)
E-House China (NYSE:EJ) was downgraded by equities researchers at Goldman Sachs from a “buy” rating to a “neutral” rating in a research report issued on Wednesday, TheFlyOnTheWall.com reports.
Separately, analysts at TheStreet upgraded shares of E-House China to a “buy” rating in a research note on Friday, August 22nd.
E-House China (NYSE:EJ) opened at 12.10 on Wednesday. E-House China has a 52-week low of $6.02 and a 52-week high of $17.28. The stock’s 50-day moving average is $10.97 and its 200-day moving average is $10.81. The company has a market cap of $1.677 billion and a P/E ratio of 25.72.
E-House China (NYSE:EJ) last released its earnings data on Wednesday, August 20th. The company reported $0.11 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.14 by $0.03. The company had revenue of $210.10 million for the quarter, compared to the consensus estimate of $200.41 million. During the same quarter last year, the company posted $0.11 earnings per share. E-House China’s revenue was up 28.6% compared to the same quarter last year. On average, analysts predict that E-House China will post $0.77 earnings per share for the current fiscal year.
E-House (NYSE:EJ) Holdings Limited (E-House) is a real estate services company in People’s Republic of China.
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