Shares of Technology sector company NetEase moved -1.4% today, and are now trading at a price of $102.73. The large-cap stock's daily volume was 2,587,924 compared to its average volume of 1,003,884. The S&P 500 index returned a -0.0% performance.
NetEase, Inc. engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally . The company is based in Hangzhou and has 31,119 full time employees. Its market capitalization is $67,882,344,448. NetEase currently offers its equity investors a dividend that yields 12.0% per year.
28 analysts are following NetEase and have set target prices ranging from $114.77 to $169.14 per share. On average, they have given the company a rating of buy. At today's prices, NTES is trading -24.81% away from its average analyst target price of $136.63 per share.
Over the last year, NTES's share price has increased by 51.0%, which represents a difference of 34.0% when compared to the S&P 500. The stock's 52 week high is $118.9 per share whereas its 52 week low is $66.32. With average free cash flows of $3.07 Billion that have been growing at an average rate of 15.3% over the last 6 years, NetEase is in a position to continue its strong stock performance trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 4,017,461 | 304,510 | 3,712,951 | 0.0 |
| 2022 | 4,017,461 | 304,510 | 3,712,951 | 1.44 |
| 2021 | 3,911,547 | 251,362 | 3,660,185 | 0.54 |
| 2020 | 3,814,281 | 173,731 | 3,640,550 | 72.92 |
| 2019 | 2,472,990 | 367,704 | 2,105,286 | 32.95 |
| 2018 | 1,951,260 | 367,704 | 1,583,556 |
