NetEase, Inc. (NTES) Scheduled to Post Earnings on Wednesday
NetEase, Inc. (NASDAQ:NTES) is scheduled to be releasing its earnings data after the market closes on Wednesday, November 15th. Analysts expect NetEase to post earnings of $2.91 per share for the quarter.
Shares of NetEase, Inc. (NASDAQ:NTES) opened at $302.87 on Monday. The stock has a market capitalization of $40,009.43, a PE ratio of 19.83, a price-to-earnings-growth ratio of 1.28 and a beta of 0.91. NetEase, Inc. has a fifty-two week low of $211.11 and a fifty-two week high of $337.55.
A number of research analysts recently issued reports on NTES shares. Vetr downgraded NetEase from a “strong-buy” rating to a “buy” rating and set a $327.04 price objective for the company. in a report on Monday, September 18th. BidaskClub upgraded NetEase from a “hold” rating to a “buy” rating in a report on Thursday, August 10th. Deutsche Bank AG reiterated a “buy” rating and set a $343.00 price objective (up from $300.00) on shares of NetEase in a report on Tuesday, July 25th. ValuEngine upgraded NetEase from a “hold” rating to a “buy” rating in a report on Friday. Finally, Barclays PLC started coverage on NetEase in a report on Wednesday, October 4th. They set an “equal weight” rating and a $260.00 price objective for the company. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $302.81.
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NetEase Company Profile
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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