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. After-hours trades for NetEase Inc. (NTES) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $88.74. The NetEase Inc. has recorded 142,097 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted NetEase to Report First Quarter 2023 Financial Results on May 25.
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NTES belongs to the Communication Services sector of the NASDAQ while operating in the Electronic Gaming & Multimedia industry. At the end of the last regular session, the stock closed at $88.74 and fluctuated between $89.78 as its day high and $87.38 as its day low. The current market capitalization of NetEase Inc. is $57.18B. A total of 0.97 million shares were traded on the day, compared to an average of 1.30M shares.
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. NetEase Inc. pays an annual dividend of $1.79, resulting in a dividend yield of 2.02%, and it has a price to earnings (P/E) ratio of 20.48. 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.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for NTES in the last 3 months, the mean price target is $735.32 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 $1.27 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $1.49 per share and a lower estimate of $1.09. The company reported an EPS of $1.69 in the last quarter, which was 52.30% higher than expectations of $1.11.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. NTES’s latest balance sheet shows that the firm has $97.53B in Cash & Short Term Investments as of fiscal 2021. There were $20.63B in debt and $50.50B in liabilities at the time. Its Book Value Per Share was $23.41, while its Total Shareholder’s Equity was $99.28B.
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 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 Buy with a score of 4.83.