Large-cap Technology company NetEase has moved -2.9% so far today on a volume of 2,668,500, compared to its average of 2,422,808. In contrast, the S&P 500 index moved 0.0%.
NetEase trades -24.32% away from its average analyst target price of $135.92 per share. The 27 analysts following the stock have set target prices ranging from $114.97 to $149.95, and on average have given NetEase a rating of buy.
Anyone interested in buying NTES should be aware of the facts below:
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NetEase's current price is -90.7% below its Graham number of $9.6, which implies the stock has a margin of safety
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NetEase has moved 27.5% over the last year, and the S&P 500 logged a change of 27.2%
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Based on its trailing earnings per share of 6.28, NetEase has a trailing 12 month Price to Earnings (P/E) ratio of 16.4 while the S&P 500 average is 15.97
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NTES has a forward P/E ratio of 13.0 based on its forward 12 month price to earnings (EPS) of $7.92 per share
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The company has a price to earnings growth (PEG) ratio of 41.32 — a number near or below 1 signifying that NetEase is fairly valued compared to its estimated growth potential
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Its Price to Book (P/B) ratio is 0.53 compared to its sector average of 7.92
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NetEase, Inc. engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally .