Analysts See $2.10 EPS for NetEase, Inc. (NTES)

November 10, 2018 - By Clifton Ray

Analysts expect NetEase, Inc. (NASDAQ:NTES) to report $2.10 EPS on November, 21.They anticipate $0.76 EPS change or 26.57 % from last quarter’s $2.86 EPS. NTES’s profit would be $275.79 million giving it 26.42 P/E if the $2.10 EPS is correct. After having $2.44 EPS previously, NetEase, Inc.’s analysts see -13.93 % EPS growth. The stock decreased 4.10% or $9.49 during the last trading session, reaching $221.91. About 1.45M shares traded or 37.48% up from the average. NetEase, Inc. (NASDAQ:NTES) has declined 29.39% since November 11, 2017 and is downtrending. It has underperformed by 45.01% the S&P500.

NetEase, Inc. (NASDAQ:NTES) Ratings Coverage

Among 6 analysts covering NetEase Inc (NASDAQ:NTES), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. NetEase Inc had 8 analyst reports since May 17, 2018 according to SRatingsIntel. Benchmark maintained NetEase, Inc. (NASDAQ:NTES) rating on Thursday, May 17. Benchmark has “Buy” rating and $34000 target. The rating was maintained by Barclays Capital with “Equal-Weight” on Thursday, August 30. As per Monday, July 30, the company rating was maintained by Barclays Capital. The rating was upgraded by Jefferies on Friday, September 21 to “Buy”. The firm earned “Overweight” rating on Tuesday, July 3 by JP Morgan. The stock has “Buy” rating by Nomura on Friday, August 10. JP Morgan maintained NetEase, Inc. (NASDAQ:NTES) rating on Friday, August 10. JP Morgan has “Overweight” rating and $265 target. The stock of NetEase, Inc. (NASDAQ:NTES) has “Buy” rating given on Thursday, May 17 by Daiwa Securities.

NetEase, Inc. operates an interactive online community in the People's Republic of China. The company has market cap of $29.14 billion. The firm operates through Online Game Services; Advertising Services; and E-mail, E-commerce and Others divisions. It has a 28.8 P/E ratio. It offers PC-client massively multi-player online role-playing games and mobile games; and distributes its point cards to gamers.

More notable recent NetEase, Inc. (NASDAQ:NTES) news were published by: Fool.com which released: “Activision Blizzard and NetEase’s Big Bet on Mobile “Diablo” Backfires” on November 10, 2018, also Nasdaq.com with their article: “Changyou.com Feels the Chill of Beijing’s Video Game Winter” published on November 10, 2018, Nasdaq.com published: “Don’t Expect Earnings to Save Baidu Stock” on October 29, 2018. More interesting news about NetEase, Inc. (NASDAQ:NTES) were released by: Seekingalpha.com and their article: “Meet the new eSports/gaming ETF” published on October 17, 2018 as well as Finance.Yahoo.com‘s news article titled: “Here’s What Investors Need to Know About Activision Blizzard’s Latest Big Conference and Controversy” with publication date: November 08, 2018.

NetEase, Inc. (NASDAQ:NTES) Ratings Chart

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