Stock To Watch: NetEase, Inc. (NASDAQ:NTES)


The leading market experts have placed a mean price target of $222.20 on NetEase, Inc. (NASDAQ:NTES) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $3.06 a share for the upcoming quarter and $11.89 for the current fiscal.

Technical View

The technical analysis of NetEase, Inc. plainly substantiates that the 50-day moving average of NetEase, Inc. is $199.57, and stock is trading $10.17 points away or +5.09% from its 50-day moving average of $199.57. Further it is trading $46.36 or +28.38% away its 200-day moving average of $163.38. NetEase, Inc. (NASDAQ:NTES) 52-week high is $217.37 and the 52-week low is $102.80.

This explains if the stock moves $-7.63, it will post a 52-week high. In event of +104.03% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of NetEase, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, NetEase, Inc. (NASDAQ:NTES) ratio came in at 20.00.

The stock last ended the trading session at $209.74 and registered a market cap of $27.50B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. NetEase, Inc. (NASDAQ:NTES) PEG ratio is at 29.04.

1 Chart Pattern Every Investor Should Know

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