Shares of Changyou.com Limited (NASDAQ:CYOU) have received an average recommendation of “Hold” from the twelve research firms that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, two have assigned a buy rating and two have issued a strong buy rating on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $37.50.

CYOU has been the subject of several recent research reports. Zacks Investment Research cut shares of Changyou.com Limited from a “buy” rating to a “hold” rating in a research report on Tuesday, June 27th. BidaskClub cut shares of Changyou.com Limited from a “buy” rating to a “hold” rating in a research report on Friday, June 23rd. HSBC Holdings plc cut shares of Changyou.com Limited from a “buy” rating to a “hold” rating in a research report on Tuesday, May 23rd. Deutsche Bank AG cut shares of Changyou.com Limited from a “buy” rating to a “hold” rating and set a $44.00 price target for the company. in a research report on Tuesday, August 1st. Finally, ValuEngine raised shares of Changyou.com Limited from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 2nd.

Shares of Changyou.com Limited (NASDAQ:CYOU) traded up 0.7515% during mid-day trading on Friday, hitting $40.2200. The company had a trading volume of 263,678 shares. Changyou.com Limited has a 52-week low of $21.01 and a 52-week high of $44.55.

Changyou.com Limited (NASDAQ:CYOU) last posted its earnings results on Monday, July 31st. The technology company reported $1.14 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.70 by $0.44. Changyou.com Limited had a net margin of 30.03% and a return on equity of 13.57%. The firm had revenue of $150.40 million during the quarter, compared to the consensus estimate of $158.05 million. During the same quarter last year, the firm earned $0.68 EPS. The firm’s revenue for the quarter was up 16.4% on a year-over-year basis. Equities analysts expect that Changyou.com Limited will post $3.90 earnings per share for the current fiscal year.

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A number of large investors have recently made changes to their positions in CYOU. TT International bought a new stake in shares of Changyou.com Limited during the second quarter worth $2,515,000. ETF Managers Group LLC bought a new stake in shares of Changyou.com Limited during the second quarter worth $1,115,000. Yiheng Capital LLC bought a new stake in shares of Changyou.com Limited during the second quarter worth $7,491,000. GLG Partners LP bought a new stake in shares of Changyou.com Limited during the second quarter worth $2,217,000. Finally, Farallon Capital Management LLC bought a new stake in shares of Changyou.com Limited during the second quarter worth $6,233,000. 25.05% of the stock is owned by hedge funds and other institutional investors.

Changyou.com Limited Company Profile

Changyou.com Limited is an online game developer and operator. The Company is engaged in the development, operation and licensing of online games for personal computers (PCs) and mobile devices. The Company’s segments include Online Game segment, which consists primarily of PC games and mobile games; the Platform Channel segment, which consists primarily of online advertising services offered on the 17173.com Website, Internet value-added services (IVAS) offered on the Dolphin Browser and RaidCall and online card and board games offered by MoboTap, and the Cinema Advertising segment, which consists primarily of the acquisition, from operators of movie theaters, and the sale, to advertisers, of pre-film advertising slots, which are advertisements shown before the screening of a movie in a cinema theater.

Analyst Recommendations for Changyou.com Limited (NASDAQ:CYOU)

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