Youku.com (NASDAQ:YOKU)‘s stock had its “neutral” rating reaffirmed by stock analysts at Goldman Sachs Group Inc. in a report issued on Friday, TheFlyOnTheWall.com reports.
Several other analysts have also recently commented on the stock. Analysts at Brean Capital reiterated a “hold” rating on shares of Youku.com in a research note to investors on Friday. Separately, analysts at T.H. Capital raised their price target on shares of Youku.com to $28.00 in a research note to investors on Tuesday, May 21st. Finally, analysts at Bank of America Corp. initiated coverage on shares of Youku.com in a research note to investors on Thursday, May 16th. They set a “buy” rating on the stock.
Six research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Youku.com has a consensus rating of “Buy” and a consensus price target of $26.68.
Shares of Youku.com (NASDAQ:YOKU) traded down 1.37% during mid-day trading on Friday, hitting $22.97. Youku.com has a 52 week low of $13.82 and a 52 week high of $26.37. The stock’s 50-day moving average is currently $20.50. The company’s market cap is $3.787 billion.
Youku.com (NASDAQ:YOKU) last issued its quarterly earnings data on Thursday, August 8th. The company reported ($0.10) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.75) by $0.65. The company had revenue of $122.80 million for the quarter, compared to the consensus estimate of $122.30 million. During the same quarter in the prior year, the company posted ($0.09) earnings per share. The company’s quarterly revenue was up 101.3% on a year-over-year basis. On average, analysts predict that Youku.com will post $-2.76 earnings per share for the current fiscal year.
Youku.com Inc is an Internet television company in People’s Republic of China. Its Internet television platform enables consumers to search, view and share video content quickly and easily across multiple devices.
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