Fang Holdings Ltd (SFUN) Set to Announce Quarterly Earnings on Tuesday

SouFun Holdings Limited (NYSE:SFUN) had its target price dropped by stock analysts at T.H. Capital from $9.00 to $4.50 in a research report issued to clients and investors on Friday. Alyeska Investment Group L.P. purchased a new stake in shares of SouFun Holdings Limited during the fourth quarter worth approximately $3,782,000. Including today's unusual volume, Fang Holdings Limited's stock is performing at 11.59% on the year. About 1.64 million shares traded. FIL Ltd boosted its stake in shares of SouFun Holdings Limited by 581.0% in the first quarter. Stevens Capital Management LP now owns 87,857 shares of the information services provider's stock valued at $286,000 after buying an additional 65,369 shares during the last quarter. Institutional investors and hedge funds own 50.07% of the company's stock. The company has its outstanding shares of 430.63 Million. The firm exchanged a volume of 1.39 million shares at hands.

Hortonworks, Inc. (HDP) observed trading 3.84% away from the 20-day moving average and 12.61% off from its 50-day simple moving average. The stock's market capitalization is 1.62B, it has a 52-week low of 2.46 and a 52-week high of 5.64. Fang Holdings Ltd has a one year low of $2.46 and a one year high of $5.64. Taking a look back at some historical performance numbers for Fang Holdings Limited (SFUN), we can see that the stock moved 3.39% for the last five trades. The consensus mean EPS for the current quarter is at $-0.01 derived from a total of 4 estimates from the analysts who have weighed in on projected earnings. The business had revenue of $174.70 million during the quarter, compared to the consensus estimate of $184.71 million. SouFun Holdings Limited had a negative net margin of 18.53% and a negative return on equity of 29.46%. Over the past month the firm's stock is 10.24%, 26.21% for the last quarter, 25.77% for the past six-months and -29.48% for the a year ago. During the same quarter previous year, the business posted ($0.16) earnings per share.

Fang Holdings Limited (NYSE:SFUN) is getting prepared to post earnings results on 6/20/2017 8:30:00 AM.

TRADEMARK VIOLATION NOTICE: "SouFun Holdings Limited (SFUN) Position Maintained by General Atlantic LLC" was first published by Transcript Daily and is the property of of Transcript Daily. If you are accessing this report on another website, it was stolen and reposted in violation of USA and worldwide trademark & copyright legislation. The original version of this article can be viewed at https://www.thestockobserver.com/2017/06/19/fang-holdings-ltd-sfun-set-to-announce-quarterly-earnings-on-tuesday.html.

Analysts look for public financial statements, listen in on conference calls and talk to managers and customers of a company in order to reach an opinion and communicate the value of a stock. Fang Holdings Limited (NYSE:SFUN) shares have been recently spotted -35.46% away from the 52-week high, and 47.97% away from the 52-week low mark. CLSA downgraded Fang Holdings Ltd (NYSE:SFUN) on Friday, August 26 to "Sell" rating.

Consequently Soufun Holdings (NYSE:SFUN)'s weekly and monthly volatility is 3.88%, 4.78% respectively.

Additionally on 2/24/17 Morgan Stanley "Downgrades" Soufun Holdings (NYSE:SFUN) to Equal-Weight setting price target at $0 and on 12/14/16 Deutsche Bank "Downgrades" the stock to Sell at $0. The Company's Websites and mobile applications support active online communities and networks of users seeking information on, and services for, the real estate and home-related sectors in China.