NetEase (NTES) Getting Somewhat Positive Press Coverage, AlphaOne Reports
News headlines about NetEase (NASDAQ:NTES) have trended somewhat positive this week, according to AlphaOne Sentiment Analysis. The research group, a unit of Accern, rates the sentiment of news coverage by reviewing more than twenty million news and blog sources. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. NetEase earned a media sentiment score of 0.22 on AlphaOne’s scale. AlphaOne also assigned media coverage about the technology company an impact score of 0 out of 100, indicating that recent news coverage is extremely unlikely to have an impact on the stock’s share price in the near future.
These are some of the headlines that may have impacted AlphaOne’s scoring:
- NetEase Inc to Issue Dividend of $1.08 (NTES) (americanbankingnews.com)
- What are the Levels Showing for Shares of NetEase Inc (NTES) – SKV News (skvnews.com)
- NetEase Reaches Analyst Target Price – Nasdaq (nasdaq.com)
- NetEase, Inc. (NasdaqGS:NTES): How Does This Stock Score in … – Lenox Ledger (lenoxledger.com)
- Intel Corporation’s (INTC) registers a price change of -0.45% while NetEase, Inc.’s (NTES) finishes with a flow of … – Stocks Gallery (stocksgallery.com)
Shares of NetEase (NASDAQ:NTES) traded up 0.80% during midday trading on Friday, reaching $285.00. 765,632 shares of the company’s stock were exchanged. NetEase has a one year low of $161.00 and a one year high of $308.66. The stock has a market cap of $37.48 billion, a price-to-earnings ratio of 19.89 and a beta of 0.70. The firm has a 50 day moving average of $272.69 and a 200-day moving average of $257.27.
NetEase (NASDAQ:NTES) last announced its quarterly earnings results on Wednesday, February 15th. The technology company reported $4.01 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $3.63 by $0.38. The firm had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.55 billion. NetEase had a net margin of 29.68% and a return on equity of 32.17%. On average, equities research analysts anticipate that NetEase will post $15.23 earnings per share for the current year.
The business also recently disclosed a dividend, which will be paid on Friday, June 2nd. Shareholders of record on Friday, May 26th will be given a dividend of $1.08 per share. The ex-dividend date is Wednesday, May 24th. NetEase’s dividend payout ratio is presently 25.15%.
NTES has been the subject of several research reports. Jefferies Group LLC raised their target price on NetEase from $261.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, February 16th. Deutsche Bank AG set a $298.00 price target on NetEase and gave the company a “buy” rating in a research note on Thursday, February 16th. Zacks Investment Research upgraded NetEase from a “hold” rating to a “buy” rating and set a $288.00 price target for the company in a research note on Tuesday, February 14th. Standpoint Research reiterated a “buy” rating and set a $340.00 price target (up previously from $295.00) on shares of NetEase in a research note on Thursday, February 23rd. Finally, Vetr upgraded NetEase from a “hold” rating to a “buy” rating and set a $303.74 price target for the company in a research note on Wednesday, March 8th. One research analyst has rated the stock with a sell rating, five have given a hold rating and twelve have assigned a buy rating to the company. The company has an average rating of “Buy” and an average price target of $290.32.
NetEase, Inc (NetEase) is a technology company. The Company operates an interactive online community in China and is a provider of Chinese language content and services through its online games, Internet media, e-mail, e-commerce and other businesses. The Company operates through three segments: Online Game Services; Advertising Services, and E-mail, E-commerce and Others.
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