NetEase Inc ADR (NTES) concluded trading on Wednesday at a closing price of $103.58, with 4.02 million shares of worth about $416.62 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 2.15% during that period and on Wednesday the price saw a loss of about -2.23%. Currently the company’s common shares owned by public are about 644.72M shares, out of which, 624.58M shares are available for trading.
Stock saw a price change of -7.75% in past 5 days and over the past one month there was a price change of 2.89%. Year-to-date (YTD), NTES shares are showing a performance of 11.19% which increased to 19.80% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $80.79 but also hit the highest price of $118.89 during that period. The average intraday trading volume for NetEase Inc ADR shares is 2.41 million. The stock is currently trading -4.05% below its 20-day simple moving average (SMA20), while that difference is up 3.83% for SMA50 and it goes to 1.90% higher than SMA200.
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NetEase Inc ADR (NASDAQ: NTES) currently have 644.72M outstanding shares and institutions hold larger chunk of about 12.79% of that.
The stock has a current market capitalization of $64.76B and its 3Y-monthly beta is at 0.59. PE ratio of stock for trailing 12 months is 16.23, while it has posted earnings per share of $6.38 in the same period. Its PEG reads 6.31 and has Quick Ratio of 2.64 while making debt-to-equity ratio of 0.16. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NTES, volatility over the week remained 3.98% while standing at 2.53% over the month.
Analysts are in expectations that NetEase Inc ADR (NTES) stock would likely to be making an EPS of $1.68 in the current quarter, while forecast for next quarter EPS is $1.65 and it is $7.92 for next year. For the current quarter EPS, analysts have given the company a lowest target $1.58 which is $1.78 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $1.62 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 4.98% while it is estimated to increase by 9.55% in next year. EPS is likely to shrink at an annualized rate of 2.57% for next 5-years, compared to annual growth of 36.55% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Macquarie on January 11, 2024 offering an Outperform rating for the stock and assigned a target price of $126 to it. On March 01, 2023, JP Morgan Upgrade their recommendations, while on September 07, 2022, JP Morgan Downgrade their ratings for the stock with a price target of $90. Stock get an Outperform rating from Macquarie on July 05, 2022.
