Why Phoenix New Media Limited [FENG] Stock Still Has Countless Sunny Days Ahead

Phoenix New Media Limited [FENG] stock is down -2.34 while the S&P 500 has fallen -0.17% on Friday, 12/04/20. While at the time of this article, FENG ATR is sitting at 0.14, with the beta value at 2.42. This stock’s volatility for the past week remained at 5.76%, while it was 6.41% for the past 30-day period. FENG has fallen -$0.06 from the previous closing price of $2.39 on volume of 1.1 million shares.

On 19, November 2020, Phoenix New Media Announces Special Cash Dividend of US$1.3712 per ADS. According to news published on Yahoo Finance, Phoenix New Media Limited (NYSE: FENG), a leading new media company in China (“Phoenix New Media”, “ifeng” or the “Company”), today announced that its Board of Directors declared a special cash dividend of US$0.1714 per ordinary share, equivalent to US$1.3712 per American depositary share (“ADS”), totaling approximately US$100 million, payable on December 22, 2020 to holders of record of the Company’s ordinary shares at the close of business on December 4, 2020 (the “Record Date”).

Analyst Birdseye View:

The most recent analyst activity for Phoenix New Media Limited [NYSE:FENG] stock was on November 14, 2017, when it was Upgrade with an Outperform rating from Macquarie. On August 31, 2016, JP Morgan Resumed an Overweight rating. On February 23, 2016, JP Morgan Initiated an Overweight rating and increased its price target to $4.70. On November 11, 2015, Macquarie Downgrade a Neutral rating.

In the past 52 weeks of trading, this stock has oscillated between a low of $1.15 and a peak of $2.65. Right now, the middling Wall Street analyst 12-month amount mark is $19.42. At the most recent market close, shares of Phoenix New Media Limited [NYSE:FENG] were valued at $2.33.

FUNDAMENTAL ANALYSIS

Phoenix New Media Limited [NYSE:FENG] most recently reported quarterly sales of 43.79 billion, which represented growth of -10.90%. This publicly-traded organization’s revenue is $131,188 per employee, while its income is $62,364 per employee. This company’s Gross Margin is currently 55.10%, its Operating Margin is -12.80%, its Pretax Margin is +48.83, and its Net Margin is +47.54. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 14.64, 22.73, -10.09 and 22.55 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 2.64 and the whole liability to whole assets at 1.69. It shows enduring liability to the whole principal at 1.46 and enduring liability to assets at 0.01 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 2.33 points at 1st support level, the second support level is making up to 2.28. But as of 1st resistance point, this stock is sitting at 2.46 and at 2.54 for 2nd resistance point.

Phoenix New Media Limited [FENG] reported its earnings at -$0.1 per share in the fiscal quarter closing of 3/30/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.19/share signifying the difference of 0.09 and 47.40% surprise value. Comparing the previous quarter ending of 12/30/2019, the stated earnings were -$0.16 calling estimates for -$0.04/share with the difference of -0.12 depicting the surprise of -300.00%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Phoenix New Media Limited [NYSE:FENG] is 1.60. Likewise, the Quick ratio is also the same, showing Cash ratio at 1.19. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.64, it’s amount to book ratio is 0.30 and showing 1.30 of P/E (TTM) ratio.