Tencent (TCEHY) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $53.95 to $54.10
• 50-Day Range: $50.13 to $56.07
• 52-Week Range: $33.00 to $62.57
• Volume: 545,319 shs
• Average Volume: 2.60 million shs
• Market Capitalization: $500.17 billion
• P/E Ratio: 28.41
• Dividend Yield: 0.70%
• Price Target: $46.00
• Consensus Rating: Strong Buy

Tencent Stock Analysis - MarketRank™

Tencent scored higher than 55% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.8 / 5
• Analyst Rating: Strong Buy

Consensus Rating

Tencent has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Tencent has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 15.69%

Earnings Growth

Earnings for Tencent are expected to grow by 15.69% in the coming year, from $2.74 to $3.17 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Tencent is 28.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.12.

Price to Earnings Ratio vs. Sector

The P/E ratio of Tencent is 28.41, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 239.69.

Price to Book Value per Share Ratio

Tencent has a P/B Ratio of 4.13. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.05% of the outstanding shares of Tencent have been sold short.

Short Interest Ratio / Days to Cover

Tencent has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Tencent has recently increased by 10.45%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Tencent has a dividend yield of 0.72%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Tencent does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Tencent is 15.32%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Tencent will have a dividend payout ratio of 11.99% next year. This indicates that Tencent will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.05% of the outstanding shares of Tencent have been sold short.

Short Interest Ratio / Days to Cover

Tencent has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Tencent has recently increased by 10.45%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.26

News Sentiment

Tencent has a news sentiment score of 0.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Tencent this week, compared to 5 articles on an average week.

Search Interest

4 people have searched for TCEHY on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.

MarketBeat Follows

10 people have added Tencent to their MarketBeat watchlist in the last 30 days. This is an increase of 11% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Tencent insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 0.02% of the stock of Tencent is held by institutions.

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 42.8% and is now trading at $53.97.
View the best growth stocks for 2024 here.

How were Tencent's earnings last quarter?

Tencent Holdings Limited (OTCMKTS:TCEHY) posted its quarterly earnings data on Wednesday, March, 18th. The technology company reported $0.32 earnings per share for the quarter, missing analysts' consensus estimates of $0.34 by $0.02. The technology company had revenue of $15.02 billion for the quarter, compared to the consensus estimate of $14.76 billion. Tencent had a net margin of 24.22% and a trailing twelve-month return on equity of 19.06%.
Read the conference call transcript.

Does Tencent have any subsidiaries?

The following companies are subsidiaries of Tencent: Tequila Works, 1C Entertainment, Inflexion Games, APKPure Inc., Slamfire Inc., Turtle Rock Studios, Wake Up Interactive Ltd., and others.

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.

Company Calendar

• Last Earnings: 3/18/2020
• Today: 12/24/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Computer and Technology
• Industry: Miscellaneous business services
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:TCEHY
• CUSIP: N/A
• CIK: 1293451
• Web: www.tencent.com
• Phone: 86-755-8601-3388
• Fax: 86-755-8601-3399
• 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: -15.1%
• Consensus Rating: Strong Buy
• Rating Score (0-4): 3.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.48
• Trailing P/E Ratio: 28.51
• Forward P/E Ratio: 19.77
• P/E Growth: N/A
• Net Income: $16.28 billion
• Net Margins: 24.22%
• Pretax Margin: 31.84%
• Return on Equity: 19.06%
• Return on Assets: 10.54%

Debt

• Debt-to-Equity Ratio: 0.31
• Current Ratio: 1.35
• Quick Ratio: 1.33

Sales & Book Value

• Annual Sales: $86.17 billion
• Price / Sales: 5.83
• Cash Flow: $3.22 per share
• Price / Cash Flow: 16.84
• Book Value: $13.06 per share
• Price / Book: 4.15

Miscellaneous

• Outstanding Shares: 9,267,550,000
• Free Float: N/A
• Market Cap: $502.02 billion
• Optionable: Not Optionable
• Beta: 0.18