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OTCMKTS:TCEHY

Tencent (TCEHY) Stock Price, News & Analysis

Tencent logo
$52.21
-0.69 (-1.30%)
(As of 10/31/2024 ET)

About Tencent Stock (OTCMKTS:TCEHY)

Key Stats

Today's Range
$51.96
$52.41
50-Day Range
$46.97
$62.35
52-Week Range
$33.00
$62.57
Volume
1.95 million shs
Average Volume
2.69 million shs
Market Capitalization
$488.81 billion
P/E Ratio
27.48
Dividend Yield
0.73%
Price Target
$46.00
Consensus Rating
Strong Buy

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.

Tencent Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
56th Percentile Overall Score

TCEHY MarketRank™: 

Tencent scored higher than 56% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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 only been the subject of 1 research reports in the past 90 days.

  • Read more about Tencent's stock forecast and price target.
  • 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 27.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.70.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Tencent is 27.48, 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 266.51.

  • Price to Book Value per Share Ratio

    Tencent has a P/B Ratio of 4.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.06% 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 0.6, 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 1.66%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Tencent has a dividend yield of 0.71%, 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 20.00%. 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.

  • Read more about Tencent's dividend.
  • Percentage of Shares Shorted

    0.06% 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 0.6, 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 1.66%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Tencent has a news sentiment score of 0.89. 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 higher news sentiment than the 0.55 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Tencent this week, compared to 5 articles on an average week.
  • Search Interest

    Only 10 people have searched for TCEHY on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    5 people have added Tencent to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days.
  • 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.

  • Read more about Tencent's insider trading history.
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TCEHY Stock News Headlines

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See More Headlines

TCEHY Stock Analysis - Frequently Asked Questions

Tencent's stock was trading at $37.79 on January 1st, 2024. Since then, TCEHY stock has increased by 38.2% and is now trading at $52.21.
View the best growth stocks for 2024 here
.

Tencent Holdings Limited (OTCMKTS:TCEHY) announced its quarterly earnings results on Wednesday, August, 14th. The technology company reported $0.73 earnings per share for the quarter, beating analysts' consensus estimates of $0.61 by $0.12. The technology company earned $22.25 billion during the quarter. Tencent had a trailing twelve-month return on equity of 19.06% and a net margin of 24.22%.

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

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
8/14/2024
Today
10/31/2024
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
-13.0%
Consensus Rating
Strong Buy
Rating Score (0-4)
3.50
Research Coverage
2 Analysts

Profitability

Net Income
$16.28 billion
Pretax Margin
31.84%

Debt

Sales & Book Value

Annual Sales
$86.17 billion
Cash Flow
$3.14 per share
Book Value
$13.06 per share

Miscellaneous

Outstanding Shares
9,362,467,000
Free Float
N/A
Market Cap
$495.27 billion
Optionable
Not Optionable
Beta
0.18

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This page (OTCMKTS:TCEHY) was last updated on 10/31/2024 by MarketBeat.com Staff
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