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OTCMKTS:TCEHY

Tencent (TCEHY) Stock Price, News & Analysis

$47.20
-0.62 (-1.30%)
(As of 09/6/2024 ET)
Today's Range
$47.15
$47.84
50-Day Range
$45.07
$50.45
52-Week Range
$33.00
$52.10
Volume
1.25 million shs
Average Volume
2.09 million shs
Market Capitalization
$441.91 billion
P/E Ratio
24.84
Dividend Yield
0.81%
Price Target
$46.00

Tencent MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
2.5% Downside
$46.00 Price Target
Short Interest
Healthy
0.06% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.52mentions of Tencent in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
15.69%
From $2.74 to $3.17 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.54 out of 5 stars

TCEHY stock logo

About Tencent Stock (OTCMKTS:TCEHY)

Tencent Holdings Limited, an investment holding company, offers value-added services (VAS), online advertising, fintech, and business services in the People's Republic of China and internationally. It operates through VAS, Online Advertising, FinTech and Business Services, and Others segments. The company's consumers business provides communication and services, such as instant messaging and social network; digital content including online games, videos, live streaming, news, music, and literature; fintech services, which includes mobile payment, wealth management, loans, and securities trading; and various tools, such as network security management, browser, navigation, application management, email, etc. Its enterprise business comprises marketing solutions, which offers digital tools including user insight, creative management, placement strategy, and digital assets management; and cloud services, such as cloud computing, big data analytics, artificial intelligence, Internet of Things, security and other technologies for financial services, education, healthcare, retail, industry, transport, energy, and radio & television application. In addition, the company operates innovation business, which includes artificial intelligences; and discover and develops enterprise and next-generation technologies for food production, energy, and water management application. Tencent Holdings Limited was formerly known as Tencent (BVI) Limited and changed its name to Tencent Holding Limited in February 2004. The company was founded in 1998 and is headquartered in Shenzhen, the People's Republic of China.

TCEHY Stock Price History

TCEHY Stock News Headlines

Closeup of young mans hands holding smartphone up with Alibaba website, Visa card in other hand with laptop computer
Why Mega Investors Are Betting Big on Alibaba Stock's Comeback (TCEHY)
Alibaba's new move into the Chinese stock market could open the floodgates for hundreds of new buyers to come in and send the stock to new highs.
Boeing plane model on display
3 Stocks to Watch as the Dollar Declines to a 7-Month Low (TCEHY)
As the dollar comes to a 7-month low, a certain group of stocks come to raise interest from institutional capital and Wall Street analyst ratings
NASDAQ to crash 50%?
During the 2020 Covid Crash he called a market reversal - eleven days before the S&P bottomed out... Now, he's saying there are four major cracks forming in the US economy...
Tencent website displayed on smartphone and stack of coins - Stock Editorial Photography
Tencent's Earnings Show Signs of Comeback in China's Tech Market (TCEHY)
In the past quarter, Tencent delivered massive financial growth for investors, and some on Wall Street have just now realized how much more upside there is.
NASDAQ to crash 50%?
During the 2020 Covid Crash he called a market reversal - eleven days before the S&P bottomed out... Now, he's saying there are four major cracks forming in the US economy...
See More Headlines
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Company Calendar

Ex-Dividend for 6/17 Dividend
5/17/2024
Dividend Payable
6/17/2024
Last Earnings
8/14/2024
Today
9/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous business services
Sub-Industry
N/A
Current Symbol
OTCMKTS:TCEHY
Employees
105,417
Year Founded
1998

Price Target and Rating

Average Stock Price Target
$46.00
High Stock Price Target
$46.00
Low Stock Price Target
$46.00
Potential Upside/Downside
-2.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$16.28 billion
Pretax Margin
26.49%

Debt

Sales & Book Value

Annual Sales
$86.17 billion
Cash Flow
$2.82 per share
Book Value
$13.06 per share

Miscellaneous

Outstanding Shares
9,342,460,000
Free Float
N/A
Market Cap
$440.96 billion
Optionable
Not Optionable
Beta
0.18

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Key Executives

  • Mr. Huateng Ma (Age 52)
    Co-Founder, Chairman & CEO
    Comp: $6.03M
  • Mr. Chi Ping Lau (Age 51)
    President
    Comp: $2.33M
  • Mr. Liqing Zeng (Age 54)
    Co-Founder & Advisor Emeritus
  • Mr. Chenye Xu (Age 53)
    Co-Founder & Chief Information Officer
  • Mr. Zhidong Zhang (Age 52)
    Co-Founder & Advisor Emeritus
    Comp: $2.27M
  • Mr. Yidan Chen (Age 53)
    Co-Founder & Advisor Emeritus
  • Mr. Weibiao Zhan (Age 51)
    Managing Director
  • Mr. Shek Hon Lo (Age 55)
    CFO & Senior VP
  • Mr. Yuxin Ren (Age 48)
    COO and President of Platform & Content Group & Interactive Entertainment Group
  • Mr. Shan Lu (Age 49)
    Senior EVP and President of Technology & Engineering Group

Should I Buy Tencent Stock? TCEHY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Tencent Holdings:

  • Tencent's stock price has recently crossed above its two hundred day moving average, indicating a potential uptrend in the stock.
  • The company has a strong market capitalization of $448.53 billion, reflecting its stability and size in the market.
  • Tencent reported a return on equity of 19.30% in its recent earnings, showcasing efficient use of shareholder equity to generate profits.
  • With a PE ratio of 25.33, Tencent's stock valuation suggests a reasonable price relative to its earnings, making it an attractive investment option.
  • Tencent's diverse business segments including value-added services, online advertising, fintech, and business services provide a well-rounded investment opportunity in various sectors.

Cons

Investors should be bearish about investing in Tencent Holdings for these reasons:

  • Despite recent positive movements, Tencent's stock has a beta of 0.19, indicating lower volatility compared to the market, potentially limiting short-term gains.
  • The company's debt-to-equity ratio of 0.31 may raise concerns about its leverage and financial risk, impacting investor confidence.
  • Tencent's net margin of 24.22% suggests a moderate profitability level, which may not be as high as some investors seek in their investment choices.
  • Analysts predict Tencent will post earnings per share of 2.62 for the current fiscal year, which may not meet aggressive growth expectations of some investors.
  • While Tencent has a strong presence in China and internationally, regulatory challenges in the tech sector could pose risks to its future growth and profitability.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, August 26, 2024. Please send any questions or comments about these Tencent pros and cons to contact@marketbeat.com.

TCEHY Stock Analysis - Frequently Asked Questions

How have TCEHY shares performed this year?

Tencent's stock was trading at $37.79 at the beginning of the year. Since then, TCEHY stock has increased by 24.9% and is now trading at $47.20.
View the best growth stocks for 2024 here
.

How were Tencent's earnings last quarter?

Tencent Holdings Limited (OTCMKTS:TCEHY) released its quarterly earnings data on Wednesday, August, 14th. The technology company reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.12. The technology company earned $22.25 billion during the quarter. Tencent had a net margin of 24.22% and a trailing twelve-month return on equity of 19.30%.

Does Tencent have any subsidiaries?

Tencent subsidiaries include these companies: Tequila Works, 1C Entertainment, Inflexion Games, APKPure Inc., Slamfire Inc., Turtle Rock Studios, Wake Up Interactive Ltd., and more.

How do I buy shares of Tencent?

Shares of TCEHY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:TCEHY) was last updated on 9/7/2024 by MarketBeat.com Staff

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