NYSE:FENG - Phoenix New Media Stock Price, News, & Analysis

Phoenix New Media trades on the New York Stock Exchange (NYSE) under the ticker symbol "FENG."

Phoenix New Media Ltd (NYSE:FENG) released its quarterly earnings results on Monday, November, 12th. The information services provider reported ($0.03) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.04 by $0.07. The information services provider earned $47.86 million during the quarter, compared to analyst estimates of $56.53 million. Phoenix New Media had a negative return on equity of 0.60% and a negative net margin of 1.07%. View Phoenix New Media's Earnings History.

Phoenix New Media is scheduled to release their next quarterly earnings announcement on Monday, March 11th 2019. View Earnings Estimates for Phoenix New Media.

Phoenix New Media updated its fourth quarter 2018 earnings guidance on Monday, November, 12th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $54.761-58.11 million, compared to the consensus revenue estimate of $68.22 million.

2 brokers have issued twelve-month price targets for Phoenix New Media's shares. Their forecasts range from $8.10 to $10.00. On average, they anticipate Phoenix New Media's stock price to reach $9.05 in the next twelve months. This suggests a possible upside of 168.5% from the stock's current price. View Analyst Price Targets for Phoenix New Media.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Phoenix New Media in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Phoenix New Media.

News headlines about FENG stock have trended very positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Phoenix New Media earned a media sentiment score of 3.2 on InfoTrie's scale. They also assigned news stories about the information services provider a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Some companies that are related to Phoenix New Media include Central European Media Enterprises (CETV), Entravision Communication (EVC), Liberty Braves Group Series A (BATRA), E. W. Scripps (SSP) and Rtl Group (RGLXF).

Shares of FENG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of FENG stock can currently be purchased for approximately $3.37.

Phoenix New Media has a market capitalization of $243.79 million and generates $242.09 million in revenue each year. The information services provider earns $5.75 million in net income (profit) each year or $0.08 on an earnings per share basis. Phoenix New Media employs 1,402 workers across the globe.

The official website for Phoenix New Media is http://www.ifeng.com.

Phoenix New Media's mailing address is SINOLIGHT PLAZA FL.16 NO.4 QIYANG RD. WANGJING CHAOYANG DISTRICT, Beijing F4, 100102. The information services provider can be reached via phone at 86-10-6067-6000 or via email at [email protected]