News articles about NetEase (NASDAQ:NTES) have trended somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. NetEase earned a news impact score of 0.16 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 46.0357699694727 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
- English Version of Asian Blockbuster ‘Onmyoji’ Soft Launches in Canada, Australia, New Zealand and Scandinavia (finance.yahoo.com)
- NetEase, Inc., (NASDAQ: NTES) – Volatiity Indicator’s Analysis – Stock Watch (stocksnewstimes.com)
- Stock Watch Evaluation – NetEase, Inc. (NASDAQ: NTES) – Alpha Beta Stock (alphabetastock.com)
- NetEase, Inc. (NASDAQ:NTES) – Here’s What Long-Term Traders Should Know – Nasdaq Journal (press release) (nasdaqjournal.com)
- Recent Institutional Activity: NetEase, Inc. (NTES), Two Harbors … – Market Movers (financialqz.com)
Shares of NetEase (NASDAQ:NTES) traded down $1.98 during trading hours on Thursday, hitting $340.01. 1,253,814 shares of the stock were exchanged, compared to its average volume of 1,538,967. The firm has a market cap of $44,920.00, a price-to-earnings ratio of 22.37, a P/E/G ratio of 1.63 and a beta of 0.94. NetEase has a 12 month low of $219.80 and a 12 month high of $377.64.
The business also recently declared a quarterly dividend, which was paid on Friday, December 8th. Stockholders of record on Friday, December 1st were paid a $0.717 dividend. This represents a $2.87 dividend on an annualized basis and a dividend yield of 0.84%. The ex-dividend date was Thursday, November 30th. NetEase’s dividend payout ratio is currently 23.88%.
NetEase announced that its Board of Directors has authorized a share repurchase program on Wednesday, November 15th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the technology company to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.
A number of research analysts have issued reports on NTES shares. UBS Group lowered shares of NetEase from a “buy” rating to a “neutral” rating in a research note on Monday, October 30th. Nomura raised shares of NetEase from a “neutral” rating to a “buy” rating and boosted their target price for the company from $297.00 to $428.00 in a research note on Friday, November 17th. Zacks Investment Research raised shares of NetEase from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 11th. Vetr lowered shares of NetEase from a “strong-buy” rating to a “buy” rating and set a $313.68 target price for the company. in a research note on Monday, November 6th. Finally, Deutsche Bank set a $325.00 target price on shares of NetEase and gave the company a “buy” rating in a research note on Friday, October 6th. Four research analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $329.79.
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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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