The closing price of NetEase Inc ADR (NASDAQ: NTES) was $103.69 for the day, down -0.45% from the previous closing price of $104.16. In other words, the price has decreased by -$0.47 from its previous closing price. On the day, 814547 shares were traded. NTES stock price reached its highest trading level at $103.97 during the session, while it also had its lowest trading level at $102.86.
Ratios:
Our analysis of NTES’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.95. For the most recent quarter (mrq), Quick Ratio is recorded 2.64 and its Current Ratio is at 2.65. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.00.
JP Morgan Upgraded its Neutral to Overweight on March 01, 2023, whereas the target price for the stock was revised from $85 to $100.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NTES now has a Market Capitalization of 66.58B and an Enterprise Value of 51.74B. As of this moment, NetEase’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.24, and their Forward P/E ratio for the next fiscal year is 12.92. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.46 while its Price-to-Book (P/B) ratio in mrq is 4.02. Its current Enterprise Value per Revenue stands at 0.50 whereas that against EBITDA is 1.68.
Stock Price History:
Over the past 52 weeks, NTES has reached a high of $118.89, while it has fallen to a 52-week low of $80.79. The 50-Day Moving Average of the stock is 104.34, while the 200-Day Moving Average is calculated to be 103.14.
Shares Statistics:
NTES traded an average of 1.97M shares per day over the past three months and 996.49k shares per day over the past ten days. A total of 644.72M shares are outstanding, with a floating share count of 626.76M. Insiders hold about 0.10% of the company’s shares, while institutions hold 12.74% stake in the company. Shares short for NTES as of Feb 29, 2024 were 4.87M with a Short Ratio of 1.90, compared to 5.37M on Jan 31, 2024.
Dividends & Splits
With its trailing 12-month dividend rate of 18.19, NTES has a forward annual dividend rate of 2.56. Against a Trailing Annual Dividend Yield of 17.46%, it implies a Forward Annual Dividend Yield of 2.47%. The stock’s 5-year Average Dividend Yield is 1.35. The current Payout Ratio is 40.00% for NTES, which recently paid a dividend on Mar 28, 2024 with an ex-dividend date of Mar 13, 2024. Stock splits for the company last occurred on Oct 02, 2020 when the company split stock in a 5:1 ratio.
Earnings Estimates
The firm’s stock currently is rated by 8 analysts. On average, analysts expect EPS of $1.76 for the current quarter, with a high estimate of $1.87 and a low estimate of $1.58, while EPS last year was $1.62. The consensus estimate for the next quarter is $1.7, with high estimates of $1.84 and low estimates of $1.5.
Analysts are recommending an EPS of between $7.92 and $6.4 for the fiscal current year, implying an average EPS of $7.24. EPS for the following year is $7.97, with 19 analysts recommending between $8.87 and $7.13.
Revenue Estimates
A total of 25 analysts have provided revenue estimates for NTES’s current fiscal year. The highest revenue estimate was $16.92B, while the lowest revenue estimate was $15.56B, resulting in an average revenue estimate of $15.92B. In the same quarter a year ago, actual revenue was $14.35B, up 10.90% from the average estimate. Based on 23 analysts’ estimates, the company’s revenue will be $17.47B in the next fiscal year. The high estimate is $18.06B and the low estimate is $16.44B. The average revenue growth estimate for next year is up 9.80% from the average revenue estimate for this year.
