Phoenix New Media - FENG Stock Forecast, Price & News

Phoenix New Media's stock was trading at $5.1720 at the start of the year. Since then, FENG stock has decreased by 4.9% and is now trading at $4.92.
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Phoenix New Media is scheduled to release its next quarterly earnings announcement on Monday, August 15th 2022.
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Phoenix New Media Limited (NYSE:FENG) announced its quarterly earnings data on Tuesday, August, 14th. The information services provider reported $0.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.36 by $0.24. The information services provider had revenue of $54.78 million for the quarter. Phoenix New Media had a negative net margin of 26.17% and a negative trailing twelve-month return on equity of 17.94%.

Phoenix New Media shares reverse split on Saturday, May 21st 2022. The 1-6 reverse split was announced on Saturday, May 21st 2022. The number of shares owned by shareholders was adjusted after the market closes on Saturday, May 21st 2022. An investor that had 100 shares of stock prior to the reverse split would have 17 shares after the split.

Phoenix New Media updated its second quarter 2022 earnings guidance on Monday, June, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $31.33 million-$34.48 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other Phoenix New Media investors own include Micron Technology (MU), Lannett (LCI), Nokia Oyj (NOK), Rite Aid (RAD), Cisco Systems (CSCO), SandRidge Energy (SD), Baidu (BIDU), Yandex (YNDX), JOYY (YY) and Bitauto (BITA).

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

Phoenix New Media's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Russell Investments Group Ltd. (0.05%).

Shares of FENG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FENG stock can currently be purchased for approximately $4.92.

Phoenix New Media (NYSE:FENG) has a market capitalization of $59.70 million and generates $161.68 million in revenue each year. The information services provider earns $-31,880,000.00 in net income (profit) each year or ($3.3593) on an earnings per share basis.

Phoenix New Media employs 1,245 workers across the globe.

Phoenix New Media's mailing address is SINOLIGHT PLAZA FL.16 NO.4 QIYANG RD. WANGJING CHAOYANG DISTRICT, Beijing F4, 100102. The official website for the company is www.ifeng.com. The information services provider can be reached via phone at 861060676000, via email at investorrelations@ifeng.com, or via fax at 86-10-6067-6002.