Earnings

Noticeable Earnings Watch: Cheetah Mobile Inc (ADR) (NYSE:CMCM)

Shares of Cheetah Mobile Inc (ADR) (NYSE:CMCM) reached at $11.07 during previous trading session. The company has experienced volume of 4,357,201 shares.

Cheetah Mobile Inc (ADR) (NYSE:CMCM) a leading mobile internet company that aims to provide leading apps for mobile users worldwide and connect users with personalized content on the mobile platform, on March 21, 2017announced its unaudited consolidated financial results for the fourth quarter and fiscal year ended December 31, 2016.

Fourth Quarter 2016 Financial Highlights:

  • Total revenues increased by 10.9% year over year and 13.0% quarter over quarter to RMB1,274.7 million (US$183.6 million).
  • Mobile revenues increased by 27.9% year over year and 15.0% quarter over quarter to RMB1,033.3 million (US$148.8 million). Mobile revenues accounted for 81.1% of total revenues.
  • Overseas revenues increased by 31.3% year over year and 15.7% quarter over quarter to RMB832.6 million (US$119.9 million). Overseas revenues accounted for 65.3% of total revenues.
  • Net income attributable to Cheetah Mobile shareholders was RMB58.8 million (US$8.5 million). Non-GAAP net income attributable to Cheetah Mobile shareholders was RMB113.0 million (US$16.3 million).

Fiscal Year 2016 Financial Highlights:

  • Total revenues increased by 21.0% year over year to RMB4,564.7 million (US$657.4 million).
  • Mobile revenues increased by 42.7% year over year to RMB3,530.4 million (US$508.5 million). Mobile revenues accounted for 77.3% of total revenues.
  • Overseas revenues increased by 42.1% year over year to RMB2,746.8 million (US$395.6 million). Overseas revenues accounted for 60.2% of total revenues.
  • Net loss attributable to Cheetah Mobile shareholders was RMB80.5 million (US$11.6 million). Non-GAAP net income attributable to Cheetah Mobile shareholders was RMB225.6 million (US$32.5 million).

Cheetah Mobile Inc (ADR) (NYSE:CMCM) holds the market capitalization of $1.45B along with 350.40M outstanding shares. During the last trade, stock’s minimum price has been reached out at $11.00 while the maximum trading price moved at $12.59. Currently the stock price is moving -37.11% off from the highest level of twelve months and +29.65% above from twelve months low. Cheetah Mobile Inc (ADR) (NYSE:CMCM) marked 52-week highest price level of $18.08 on 03/24/16 and 52-week lowest price level of $8.77 on 06/27/16. For the stock, price target value has been calculated at $10.12 based on calls of 6 experts. Stock’s minimum price target estimates has been figured out at $8.02 while the maximum price target forecast is established at $11.93.

As of current trade, Cheetah Mobile Inc (ADR) (NYSE:CMCM) has shown weekly downbeat performance of -12.42%. Its six months performance indicated a bearish movement while its yearly performance reflected a negative trend of -37.81%. Year-to-date (YTD) performance of the stock illustrate upbeat trend of 15.79%. Shares of Cheetah Mobile Inc (ADR) (NYSE:CMCM) currently have an ABR of 5, derived from a total of 15 opinions. The company’s price sits 9.78% above from its 50-day moving average of $10.49 and 5.48% above from the stock’s 200-day moving average of $10.79. The company has Relative Strength Index (RSI 14) of 53.08 along with Average True Range (ATR 14) of 0.68. Its weekly and monthly volatility is 8.72%, 5.64% respectively.

Cheetah Mobile Inc (ADR) (NYSE:CMCM)’s price to sales ratio for trailing twelve months is 2.45 and price to book ratio for most recent quarter is 3.74, whereas price to cash per share for the most recent quarter is 8.50. Cheetah Mobile Inc (ADR) (NYSE:CMCM)’s current ratio for most recent quarter of 1.50. Total debt to equity ratio of the company for most recent quarter is 0.17 whereas long term debt to equity ratio for most recent quarter is 0.05. Cheetah Mobile Inc (ADR) (NYSE:CMCM) has a Return on Assets of -1.70%. The company currently has a Return on Equity of -2.90% and Return on Investment of 0.50%.

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