After Hours
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for NetEase Inc. (NTES) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.21, or -0.25%, to $83.62. The NetEase Inc. has recorded 36,616 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Cloud Music Inc. Reports Fiscal Year 2022 Financial Results.
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Stocks Info
NetEase Inc. is listed on the NASDAQ in the Communication Services sector while operating in the Electronic Gaming & Multimedia industry. At the end of the last regular session, the stock closed at $83.83 and fluctuated between $84.84 as its day high and $82.50 as its day low. The current market capitalization of NetEase Inc. is $54.12B. A total of 1.22 million shares were traded on the day, compared to an average of 1.75M shares.
Dividend
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. NetEase Inc. pays an annual dividend of $1.79, resulting in a dividend yield of 2.14%, and it has a price to earnings (P/E) ratio of 19.51. NTES’s most recent ex-dividend date was 3/8/2023 when it declared a $0.27 quarterly dividend that was paid in cash on 3/24/2023. Previously, the company paid the dividend on 12/16/2022 with an ex-dividend date of 12/1/2022. The NTES stock dividend was $0.4350 per share in cash.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for NTES in the last 3 months, the mean price target is $721.23 with high estimates of $944.42 and low estimates of $398.15. In terms of 52-week highs and lows, NTES has a high of $108.77 and a low of $53.09.
As of this writing, NTES has an earnings estimate of $1.18 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $1.38 per share and a lower estimate of $1.03. The company reported an EPS of $1.13 in the last quarter, which was 21.50% higher than expectations of $0.93.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.
Analysts Opinion
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 40 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NTES is Sell with a score of 4.88. A total of 32 analysts rated the stock as Buy while 4 rated it as Overweight while 3 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 1 thought it should be Sold.
