NetEase, Inc. (NTES) Analysts See $3.17 EPS as of May, 9

April 17, 2018 - By Sonya McDaniel

Earnings report for NetEase, Inc. (NASDAQ:NTES) is awaited On May, 9., as reported by Faxor. This year’s earnings per share analyst estimate is awaited to be $3.17. That is 26.11 % down compareed to $4.29 earnings per share for last year. If earnings per share of $3.17 is announced the profit of NTES could hit $416.09 million giving it 21.50 P/E. After $1.49 EPS report last quarter, Wall Street now predicts 112.75 % EPS growth of NetEase, Inc.. NTES reached $272.68 on during the last trading session after $0.31 change.NetEase, Inc. has volume of 682,518 shares. Since April 17, 2017 NTES has declined 2.94% and is downtrending. NTES underperformed by 14.49% the S&P500.

NetEase, Inc. (NASDAQ:NTES) Ratings Coverage

Total analysts of 9 have positions in NetEase Inc (NASDAQ:NTES) as follows: 4 rated it a “Buy”, 3 with “Sell” and 2 with “Hold”. The positive are 44%. Since November 16, 2017 according to StockzIntelligence Inc NetEase Inc has 12 analyst reports. The company rating was upgraded by Nomura on Friday, November 17. On Tuesday, April 10 the rating was maintained by Jefferies with “Hold”. On Tuesday, January 23 the firm has “Hold” rating by Jefferies given. In Thursday, November 16 report Jefferies maintained the stock with “Hold” rating. In Tuesday, November 21 report Barclays Capital maintained the stock with “Hold” rating. On Tuesday, February 27 the rating was maintained by Bernstein with “Sell”. On Thursday, November 16 CLSA downgraded NetEase, Inc. (NASDAQ:NTES) rating. CLSA has “Sell” rating and $283.0 target. On Friday, November 17 the firm earned “Buy” rating by Bank of America. On Monday, December 18 the company was maintained by Jefferies.

NetEase, Inc. operates an interactive online community in the People's Republic of China.The firm is valued at $35.79 billion. The firm operates through Online Game Services; Advertising Services; and E-mail, E-commerce and Others divisions.21.39 is the P/E ratio. It offers PC-client massively multi-player online role-playing games and mobile games; and distributes its point cards to gamers.

NetEase, Inc. (NASDAQ:NTES) Analyst Ratings Chart

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