With 13.95 million shares changed hands, the volume of the stock remained heavier than its average volume of 8.48 million shares. During the session, the Internet Content & Information company that operates in wider Communication Services sector, reached to the highest price of $12.7475 whereas the lowest price it dropped to was $11.85. The 52-week range on TME shows that it touched its highest point at $15.77 and its lowest point at $9.41 during that stretch. It currently has a 1-year price target of $16.46. With its current market cap of 8.84 billion, TME has annualized dividend of $0.32 while the current yield stands at 2.51%. TME paid its most recent dividend on 1717113600, while the ex-dividend date for that was 1743638400. Beta for the stock currently stands at 0.55.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TME was down-trending over the past week, with a drop of -12.65%, but this was up by 3.52% over a month. Three-month performance surged to 16.82% while six-month performance fell -5.25%. The stock gained 9.06% in the past year, while it has gained 11.37% so far this year. A look at the trailing 12-month EPS for TME yields 0.59 with Next year EPS estimates of 0.83. For the next quarter, that number is 0.17. This implies an EPS growth rate of 23.80% for this year and 16.12% for next year. EPS is expected to grow by 18.92% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 11.19%.
Float and Shares Shorts:
At present, 699.71 million TME shares are outstanding with a float of 693.71 million shares on hand for trading. On 2025-03-14, short shares totaled 29.38 million, which was 173.99999999999997 higher than short shares on 1739491200. In addition to Mr. Kar Shun Pang as the firm’s Executive Chairman, Mr. Zhu Liang serves as its CEO & Director.
Institutional Ownership:
Through their ownership of 0.58129 of TME’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-12-31, TME reported revenue of $7015000000.0 and operating income of $1773000000.0. The EBITDA in the recently reported quarter was $2173000000.0 and diluted EPS was $1.0.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TME since 10 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With TME analysts setting a high price target of 18.803322 and a low target of 12.792566, the average target price over the next 12 months is 16.26074. Based on these targets, TME could surge 48.76% to reach the target high and rise by 1.21% to reach the target low. Reaching the average price target will result in a growth of 28.65% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $4.34325 being high and $4.15441 being low. For TME, this leads to a yearly average estimate of $4.28031. Based on analyst estimates, the high estimate for the next quarter is $1.46 and the low estimate is $1.36. The average estimate for the next quarter is thus $1.42.
