The closing price of NetEase Inc ADR (NASDAQ: NTES) was $106.84 for the day, down -0.53% from the previous closing price of $107.41. In other words, the price has decreased by -$0.57 from its previous closing price. On the day, 907244 shares were traded.
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 3.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.38. 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 69.67B and an Enterprise Value of 54.80B. As of this moment, NetEase’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.74, and their Forward P/E ratio for the next fiscal year is 13.32. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.59 while its Price-to-Book (P/B) ratio in mrq is 4.14. Its current Enterprise Value per Revenue stands at 0.53 whereas that against EBITDA is 1.78.
Stock Price History:
The Beta on a monthly basis for NTES is 0.59, which has changed by 19.51% over the last 52 weeks, in comparison to a change of 32.00% over the same period for the S&P500. 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 103.20, while the 200-Day Moving Average is calculated to be 102.89.
Shares Statistics:
NTES traded an average of 2.44M shares per day over the past three months and 1.26M 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 12.76% stake in the company. Shares short for NTES as of Feb 29, 2024 were 4.87M with a Short Ratio of 1.68, 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 16.93%, it implies a Forward Annual Dividend Yield of 2.40%. 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 $7.93 and $6.41 for the fiscal current year, implying an average EPS of $7.25. EPS for the following year is $7.98, with 19 analysts recommending between $8.88 and $7.14.
Revenue Estimates
A total of 25 analysts have provided revenue estimates for NTES’s current fiscal year. The highest revenue estimate was $16.95B, while the lowest revenue estimate was $15.58B, resulting in an average revenue estimate of $15.94B. In the same quarter a year ago, actual revenue was $14.37B, up 10.90% from the average estimate. Based on 23 analysts’ estimates, the company’s revenue will be $17.5B in the next fiscal year. The high estimate is $18.08B and the low estimate is $16.47B. The average revenue growth estimate for next year is up 9.80% from the average revenue estimate for this year.
