The price of NetEase Inc ADR (NASDAQ: NTES) closed at $98.71 in the last session, down -4.60% from day before closing price of $103.47. In other words, the price has decreased by -$4.76 from its previous closing price. On the day, 3090140 shares were traded.
Ratios:
We take a closer look at NTES’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.28. 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 67.08B and an Enterprise Value of 52.26B. As of this moment, NetEase’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.46, and their Forward P/E ratio for the next fiscal year is 12.36. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.24 while its Price-to-Book (P/B) ratio in mrq is 3.83. Its current Enterprise Value per Revenue stands at 0.51 whereas that against EBITDA is 1.70.
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 105.40, while the 200-Day Moving Average is calculated to be 103.39.
Shares Statistics:
According to the various share statistics, NTES traded on average about 1.83M shares per day over the past 3-months and 1.2M shares per day over the past 10 days. A total of 627.38M shares are outstanding, with a floating share count of 626.76M. Insiders hold about 0.10% of the company’s shares, while institutions hold 12.71% stake in the company. Shares short for NTES as of Mar 15, 2024 were 4.09M with a Short Ratio of 2.04, compared to 4.87M on Feb 15, 2024.
Dividends & Splits
The forward annual dividend rate for NTES is 2.56, which was 18.19 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 17.58%, it implies a Forward Annual Dividend Yield of 2.60%. The stock’s 5-year Average Dividend Yield is 1.38. 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 company has 8 analysts who recommend its stock at the moment. On average, analysts expect EPS of $1.78 for the current quarter, with a high estimate of $1.9 and a low estimate of $1.6, while EPS last year was $1.62. The consensus estimate for the next quarter is $1.72, with high estimates of $1.86 and low estimates of $1.52.
Analysts are recommending an EPS of between $8.02 and $6.49 for the fiscal current year, implying an average EPS of $7.34. EPS for the following year is $8.08, with 19 analysts recommending between $8.98 and $7.22.
Revenue Estimates
A total of 25 analysts have provided revenue estimates for NTES’s current fiscal year. The highest revenue estimate was $17.15B, while the lowest revenue estimate was $15.77B, resulting in an average revenue estimate of $16.13B. In the same quarter a year ago, actual revenue was $14.54B, up 10.90% from the average estimate. Based on 23 analysts’ estimates, the company’s revenue will be $17.7B in the next fiscal year. The high estimate is $18.3B and the low estimate is $16.66B. The average revenue growth estimate for next year is up 9.80% from the average revenue estimate for this year.
