EPS for NetEase, Inc. (NTES) Expected At $2.41

January 18, 2018 - By Nellie Frank

 EPS for NetEase, Inc. (NTES) Expected At $2.41

Analysts expect NetEase, Inc. (NASDAQ:NTES) to report $2.41 EPS on February, 21.They anticipate $1.60 EPS change or 39.90 % from last quarter’s $4.01 EPS. NTES’s profit would be $316.33 million giving it 33.65 P/E if the $2.41 EPS is correct. After having $2.86 EPS previously, NetEase, Inc.’s analysts see -15.73 % EPS growth. The stock increased 0.72% or $2.32 during the last trading session, reaching $324.4. About 1.03M shares traded. NetEase, Inc. (NASDAQ:NTES) has risen 77.85% since January 18, 2017 and is uptrending. It has outperformed by 61.15% the S&P500.

NetEase, Inc. (NASDAQ:NTES) Ratings Coverage

Among 18 analysts covering NetEase (NASDAQ:NTES), 11 have Buy rating, 4 Sell and 3 Hold. Therefore 61% are positive. NetEase had 40 analyst reports since August 12, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Monday, September 21 by Credit Suisse. Bank of America maintained NetEase, Inc. (NASDAQ:NTES) on Friday, November 17 with “Buy” rating. Jefferies maintained NetEase, Inc. (NASDAQ:NTES) rating on Thursday, November 16. Jefferies has “Hold” rating and $302.0 target. Barclays Capital initiated the shares of NTES in report on Wednesday, October 4 with “Hold” rating. The firm has “Buy” rating given on Friday, November 17 by Nomura. On Monday, December 18 the stock rating was maintained by Jefferies with “Hold”. Zacks downgraded the shares of NTES in report on Tuesday, August 25 to “Hold” rating. The stock has “Neutral” rating by Nomura on Friday, January 22. The rating was maintained by Morgan Stanley with “Overweight” on Thursday, November 10. The firm has “Hold” rating by Jefferies given on Tuesday, October 3.

NetEase, Inc. operates an interactive online community in the People's Republic of China. The company has market cap of $42.58 billion. The firm operates through Online Game Services; Advertising Services; and E-mail, E-commerce and Others divisions. It has a 21.16 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 important recent NetEase, Inc. (NASDAQ:NTES) news were published by: Seekingalpha.com which released: “NetEase: Time To Get Defensive” on August 10, 2017, also Seekingalpha.com published article titled: “Now May Be A Good Time To Buy NetEase Stock”, Investorplace.com published: “NetEase Inc (ADR) (NTES) Stock Cashes In on China’s Online Gaming” on August 04, 2017. More interesting news about NetEase, Inc. (NASDAQ:NTES) was released by: Investorplace.com and their article: “3 Stocks to Watch on Thursday: Mattel, Inc., NetEase Inc (ADR) and RH” with publication date: November 16, 2017.

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