The closing price of NetEase Inc ADR (NASDAQ: NTES) was $103.58 for the day, down -2.23% from the previous closing price of $105.94. In other words, the price has decreased by -$2.36 from its previous closing price. On the day, 4022189 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 3.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.89. 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 69.82B and an Enterprise Value of 54.94B. As of this moment, NetEase’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.23, and their Forward P/E ratio for the next fiscal year is 12.93. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.44 while its Price-to-Book (P/B) ratio in mrq is 4.02. Its current Enterprise Value per Revenue stands at 0.53 whereas that against EBITDA is 1.79.
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 99.76, while the 200-Day Moving Average is calculated to be 101.65.
Shares Statistics:
NTES traded an average of 2.41M shares per day over the past three months and 1.85M shares per day over the past ten days. A total of 644.72M shares are outstanding, with a floating share count of 624.58M. Insiders hold about 0.10% of the company’s shares, while institutions hold 12.79% stake in the company. Shares short for NTES as of Feb 15, 2024 were 4.87M with a Short Ratio of 2.02, compared to 5.85M on Jan 12, 2024.
Dividends & Splits
With its trailing 12-month dividend rate of 18.19, NTES has a forward annual dividend rate of 1.75. Against a Trailing Annual Dividend Yield of 17.17%, it implies a Forward Annual Dividend Yield of 2.48%. 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 4 analysts. On average, analysts expect EPS of $1.68 for the current quarter, with a high estimate of $1.78 and a low estimate of $1.58, while EPS last year was $1.62. The consensus estimate for the next quarter is $1.65, 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 $7.18. EPS for the following year is $7.92, with 14 analysts recommending between $8.88 and $7.13.
Revenue Estimates
A total of 19 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 $15.96B. In the same quarter a year ago, actual revenue was $14.37B, up 11.10% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $17.54B in the next fiscal year. The high estimate is $18.08B and the low estimate is $16.46B. The average revenue growth estimate for next year is up 9.90% from the average revenue estimate for this year.
