Post-Trade Analysis: NetEase Inc ADR (NTES) Slides -0.82, Closing at 92.97

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After finishing at $93.74 in the prior trading day, NetEase Inc ADR (NASDAQ: NTES) closed at $92.97, down -0.82%. In other words, the price has decreased by -$0.82 from its previous closing price. On the day, 1.07 million shares were traded. NTES stock price reached its highest trading level at $93.17 during the session, while it also had its lowest trading level at $91.87.

Ratios:

Our goal is to gain a better understanding of NTES by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.42. For the most recent quarter (mrq), Quick Ratio is recorded 2.52 and its Current Ratio is at 2.53. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Barclays on June 13, 2024, initiated with a Equal Weight rating and assigned the stock a target price of $104.

On May 23, 2024, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight but kept the price unchanged to $100.

Morgan Stanley reiterated its Overweight rating for the stock on April 12, 2024, while the target price for the stock was revised from $135 to $120.

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 59918610432 and an Enterprise Value of 192626966528. As of this moment, NetEase’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.29, and their Forward P/E ratio for the next fiscal year is 11.72. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.94 while its Price-to-Book (P/B) ratio in mrq is 3.42. Its current Enterprise Value per Revenue stands at 1.83 whereas that against EBITDA is 6.284.

Stock Price History:

The Beta on a monthly basis for NTES is 0.53, which has changed by -0.09658927 over the last 52 weeks, in comparison to a change of 0.24125004 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 $81.30. The 50-Day Moving Average of the stock is -1.94%, while the 200-Day Moving Average is calculated to be -7.73%.

Shares Statistics:

The stock has traded on average 1.68M shares per day over the past 3-months and 1504550 shares per day over the last 10 days, according to various share statistics. A total of 642.16M shares are outstanding, with a floating share count of 621.15M. Insiders hold about 0.23% of the company’s shares, while institutions hold 12.71% stake in the company. Shares short for NTES as of 1719532800 were 5411549 with a Short Ratio of 3.22, compared to 1717113600 on 4295417.

Dividends & Splits

In the trailing 12 months, NTES’s forward annual dividend rate was 18.567, compared to 2.59 this year. Against a Trailing Annual Dividend Yield of 0.19806913The stock’s 5-year Average Dividend Yield is 1.48. The current Payout Ratio is 40.02% for NTES, which recently paid a dividend on 2024-06-06 with an ex-dividend date of 1717632000. Stock splits for the company last occurred on 2020-10-02 when the company split stock in a 5:1 ratio.

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