Cheetah Mobile (CMCM) Rating Increased to B- at TheStreet

Cheetah Mobile (NYSE:CMCM) was upgraded by equities research analysts at TheStreet from a “c+” rating to a “b-” rating in a report released on Thursday.

CMCM has been the subject of a number of other research reports. Credit Suisse Group started coverage on Cheetah Mobile in a report on Tuesday, October 3rd. They set a “neutral” rating and a $9.50 target price for the company. BidaskClub downgraded Cheetah Mobile from a “hold” rating to a “sell” rating in a report on Friday, October 13th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a strong buy rating to the company’s stock. Cheetah Mobile presently has an average rating of “Hold” and a consensus target price of $11.75.

Cheetah Mobile (NYSE:CMCM) traded up $0.44 during trading on Thursday, hitting $16.27. The company had a trading volume of 1,012,000 shares, compared to its average volume of 2,999,338. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.85 and a quick ratio of 1.85. Cheetah Mobile has a 12-month low of $7.54 and a 12-month high of $18.18. The firm has a market capitalization of $2,340.00, a P/E ratio of 40.68 and a beta of 3.23.

Cheetah Mobile (NYSE:CMCM) last released its earnings results on Tuesday, November 21st. The software maker reported $0.14 EPS for the quarter. Cheetah Mobile had a return on equity of 10.76% and a net margin of 7.44%.

A hedge fund recently bought a new stake in Cheetah Mobile stock. Acadian Asset Management LLC purchased a new stake in shares of Cheetah Mobile Inc (NYSE:CMCM) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 62,202 shares of the software maker’s stock, valued at approximately $752,000. 7.19% of the stock is currently owned by hedge funds and other institutional investors.

TRADEMARK VIOLATION WARNING: “Cheetah Mobile (CMCM) Rating Increased to B- at TheStreet” was first published by American Banking News and is the sole property of of American Banking News. If you are viewing this article on another website, it was illegally copied and reposted in violation of US & international copyright and trademark law. The original version of this article can be accessed at

About Cheetah Mobile

Cheetah Mobile Inc is a holding company. The Company and its consolidated subsidiaries, variable interest entities (VIEs) and a VIE’s subsidiary are engaged in the provision of online marketing services, Internet value-added services, and Internet security services and others. The Company operates a platform that offers mobile and personal computer (PC) applications for its users and global content promotional channels for its customers, both of which are powered by its cloud-based data analytics engines.

Receive News & Ratings for Cheetah Mobile Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cheetah Mobile and related companies with's FREE daily email newsletter.

Leave a Reply