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.

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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.

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