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) posted 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 had revenue of $47.86 million for 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 issued an update on its fourth quarter 2018 earnings guidance on Monday, November, 12th. The company provided 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 1-year target prices for Phoenix New Media's shares. Their predictions range from $8.10 to $10.00. On average, they expect Phoenix New Media's share price to reach $9.05 in the next year. This suggests a possible upside of 177.6% 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.

Media coverage about FENG stock has been trending somewhat positive recently, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded 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 0.7 on InfoTrie's scale. They also gave media headlines about the information services provider a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the next several days.

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).

Phoenix New Media's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include International Value Advisers LLC (3.82%), Renaissance Technologies LLC (1.50%), BlackRock Inc. (0.94%), Acadian Asset Management LLC (0.09%), JPMorgan Chase & Co. (0.05%) and JPMorgan Chase & Co. (0.05%).

FENG stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, JPMorgan Chase & Co., JPMorgan Chase & Co. and International Value Advisers LLC.

FENG stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc. and Acadian Asset Management LLC.

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 $3.26.

Phoenix New Media has a market capitalization of $222.09 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]