Youku Tuesday fell 9% this year, analysts said could not reach the expected profit
SAN FRANCISCO, Jan. 19 morning news, Youku (NYSE: YOKU) shares fell 9.04% Tuesday.
today, Pacific Crest analyst Wilson (Evan Wilson) pointed out that traditional advertising market in China holds a share of Youku. However, this year will not be able to achieve the desired profit margin, because the content of Youku costs are rising. Youku this year may be a loss of 22 cents per share, loss of 5 cents per share next year, may be profitable in 2013.
Goldman Sachs analyst Mitchell (James Mitchell) will cool the stock as neutral excellent, 12-month target price is 37 dollars. Mitchell pointed out that, due to the rapid growth of Internet users after the 3-4 years or Youku huge profits. From 2010 to 2014, Youku, the average per 1000 CPM may be doubled. He believes that this year, Youku loss of 26 cents per share, may be next year, a loss of 6 cents per share.
Youku opened at $ 36.51 Tuesday, shares fell $ 3.39, to $ 34.09, down 9.04%, day trading low of $ 33.90. Over the past 52 weeks, the highest price Youku 50 dollars, the lowest price is $ 25.57. (Feiyu)
