NASDAQ:NETE - Net Element Stock Price, Price Target & More

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$7.71 +0.13 (+1.72 %)
(As of 05/22/2018 07:53 AM ET)
Previous Close$7.58
Today's Range$7.59 - $7.85
52-Week Range$2.60 - $33.51
Volume77,938 shs
Average Volume313,984 shs
Market Capitalization$29.28 million
P/E Ratio-1.53
Dividend YieldN/A
Beta0.79

About Net Element (NASDAQ:NETE)

Net Element logoNet Element, Inc. operates as a financial technology and value-added solutions company worldwide. It operates in three segments: North America Transaction Solutions, Mobile Solutions, and Online Solutions. The North America Transaction Solutions segment provides technology and services that businesses require to accept cashless transaction for retail card-present, e-commerce, or card-not-present mail order/telephone order transactions; and Aptito, a cloud-based point of sale (POS) platform, which includes hospitality, mobile POS, and small to medium sized business retail POS applications, as well as offers mobile payment and merchant back office reporting services, and merchant performance analytical tools. The Mobile Solutions segment provides an integrated mobile billing and mobile commerce solution for digital merchants, such as social networks, game developers, online magazines, mobile applications, and digital media operators to monetize their content in a mobile environment. It also offers various mobile payment solutions for Web services and mobile applications. This segment enables mobile users to pay for purchases through mobile devices, interactive devices, or Web without a credit card or a bank account. The Online Solutions segment operates PayOnline, a software-as-a-service suite of solutions for electronic and mobile commerce gateway and payment processing platform that facilitate payment acceptance and processing through point-to-point encryption and tokenization solutions. It operates in North America, the Russian Federation, and the Commonwealth of Independent States. The company was formerly known as Net Element International, Inc. and changed its name to Net Element, Inc. in December 2013. Net Element, Inc. was founded in 2004 and is headquartered in North Miami Beach, Florida.

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Industry, Sector and Symbol

Industry Data processing & preparation
Sub-IndustryN/A
SectorRetail/Wholesale
SymbolNASDAQ:NETE
CUSIPN/A
Phone305-507-8808

Debt

Debt-to-Equity Ratio0.43
Current Ratio1.30
Quick Ratio1.30

Price-To-Earnings

Trailing P/E Ratio-1.53
Forward P/E Ratio-4.91
P/E GrowthN/A

Sales & Book Value

Annual Sales$60.06 million
Price / Sales0.50
Cash FlowN/A
Price / CashN/A
Book Value$3.40 per share
Price / Book2.27

Profitability

EPS (Most Recent Fiscal Year)($5.04)
Net Income$-9,910,000.00
Net Margins-14.46%
Return on Equity-125.43%
Return on Assets-34.76%

Miscellaneous

Employees97
Outstanding Shares3,860,000

Net Element (NASDAQ:NETE) Frequently Asked Questions

What is Net Element's stock symbol?

Net Element trades on the NASDAQ under the ticker symbol "NETE."

When did Net Element's stock split? How did Net Element's stock split work?

Net Element shares reverse split on the morning of Thursday, October 5th 2017. The 1-10 reverse split was announced on Wednesday, October 4th 2017. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, October 4th 2017. An investor that had 100 shares of Net Element stock prior to the reverse split would have 10 shares after the split.

How were Net Element's earnings last quarter?

Net Element (NASDAQ:NETE) announced its quarterly earnings data on Monday, May, 14th. The company reported ($0.42) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.43) by $0.01. The firm earned $15.98 million during the quarter, compared to analysts' expectations of $14.20 million. Net Element had a negative net margin of 14.46% and a negative return on equity of 125.43%. View Net Element's Earnings History.

Who are some of Net Element's key competitors?

Who are Net Element's key executives?

Net Element's management team includes the folowing people:
  • Mr. Oleg Firer, CEO & Director (Age 41)
  • Mr. Steven Wolberg, Chief Legal Officer & Sec. (Age 59)
  • Mr. Jonathan New, Chief Financial Officer (Age 58)
  • Mr. Andrey Krotov, Chief Technology Officer
  • Mr. Vladimir Sadovskiy, Pres of Integrated Payments & Merchant Services

Has Net Element been receiving favorable news coverage?

News headlines about NETE stock have trended somewhat positive this week, Accern Sentiment reports. The research firm rates the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Net Element earned a coverage optimism score of 0.14 on Accern's scale. They also assigned media headlines about the company an impact score of 47.81 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Who are Net Element's major shareholders?

Net Element's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Jane Street Group LLC (0.92%). View Institutional Ownership Trends for Net Element.

Which institutional investors are buying Net Element stock?

NETE stock was bought by a variety of institutional investors in the last quarter, including Jane Street Group LLC. View Insider Buying and Selling for Net Element.

How do I buy shares of Net Element?

Shares of NETE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Net Element's stock price today?

One share of NETE stock can currently be purchased for approximately $7.71.

How big of a company is Net Element?

Net Element has a market capitalization of $29.28 million and generates $60.06 million in revenue each year. The company earns $-9,910,000.00 in net income (profit) each year or ($5.04) on an earnings per share basis. Net Element employs 97 workers across the globe.

How can I contact Net Element?

Net Element's mailing address is 3363 NE 163RD STREET SUITE 705, NORTH MIAMI BEACH FL, 33160. The company can be reached via phone at 305-507-8808 or via email at [email protected]


MarketBeat Community Rating for Net Element (NETE)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  115 (Vote Outperform)
Underperform Votes:  98 (Vote Underperform)
Total Votes:  213
MarketBeat's community ratings are surveys of what our community members think about Net Element and other stocks. Vote "Outperform" if you believe NETE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NETE will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Net Element (NASDAQ:NETE) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
(Data available from 5/22/2016 forward)

Earnings

Net Element (NASDAQ:NETE) Earnings History and Estimates Chart

Earnings by Quarter for Net Element (NASDAQ:NETE)

Net Element (NASDAQ:NETE) Earnings Estimates

2018 EPS Consensus Estimate: ($1.19)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20181($0.43)($0.43)($0.43)
Q2 20181($0.33)($0.33)($0.33)
Q3 20181($0.23)($0.23)($0.23)
Q4 20181($0.20)($0.20)($0.20)

Net Element (NASDAQ NETE) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/14/2018Q1 2018($0.43)($0.42)$14.20 million$15.98 millionViewN/AView Earnings Details
4/2/2018Q4 2017($1.75)$17.50 million$15.46 millionViewN/AView Earnings Details
11/14/2017Q3 2017($0.56)($0.90)$16.60 million$14.90 millionViewN/AView Earnings Details
8/14/2017Q2 2017($0.90)($0.90)$15.10 million$16.14 millionViewN/AView Earnings Details
5/15/2017Q1 2017($1.10)$13.10 million$13.56 millionViewN/AView Earnings Details
4/1/2017Q4 2016($0.10)$15.80 million$15.32 millionViewN/AView Earnings Details
11/14/2016Q316($0.80)($2.50)$12.68 million$14.01 millionViewListenView Earnings Details
8/16/2016Q2 2016($2.70)$12.10 million$13.69 millionViewN/AView Earnings Details
5/17/2016Q1 2016($2.00)$13.90 million$11.26 millionViewN/AView Earnings Details
3/31/2016Q4 2015($5.00)$13.00 million$15.11 millionViewN/AView Earnings Details
11/17/2015Q3 2015($5.00)$8.30 million$12.68 millionViewN/AView Earnings Details
8/13/2015Q2 2015($8.00)$5.90 million$6.91 millionViewN/AView Earnings Details
5/15/2015Q115($0.70)($0.50)$4.84 million$5.54 millionViewN/AView Earnings Details
3/31/2015Q4 2014$2.00$7.00 million$5.41 millionViewN/AView Earnings Details
11/13/2014Q3 2014($0.30)($1.60)$7.00 million$6.03 millionViewN/AView Earnings Details
8/18/2014Q2 2014($6.00)$4.91 millionViewN/AView Earnings Details
5/15/2014Q114($1.10)$0.90 million$4.80 millionViewN/AView Earnings Details
11/15/2013Q3 2013($11.00)$6.52 millionViewN/AView Earnings Details
8/20/2013Q2 2013($32.00)$5.62 millionViewN/AView Earnings Details
5/17/2013Q1 13($1.10)$0.88 millionViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

Net Element (NASDAQ:NETE) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Net Element (NASDAQ NETE) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 27.93%
Institutional Ownership Percentage: 4.01%
Insider Trading History for Net Element (NASDAQ:NETE)

Net Element (NASDAQ NETE) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
11/18/2015William HealyDirectorBuy244,720$0.06$14,683.201,056,706View SEC Filing  
6/23/2015Jonathan NewCFOSell34,552$0.50$17,276.00View SEC Filing  
6/18/2015Jonathan NewCFOSell45,448$0.50$22,724.00View SEC Filing  
4/13/2015Nurlan AbdouvInsiderSell2,518,688$2.00$5,037,376.00View SEC Filing  
4/2/2015Anashkhan GabbazovaInsiderSell1,500,000$2.00$3,000,000.00View SEC Filing  
9/22/2014Mike ZoiMajor ShareholderSell2,969,735$3.33$9,889,217.55View SEC Filing  
9/17/2014Arco Group LlcMajor ShareholderSell1,150,000$3.64$4,186,000.00View SEC Filing  
6/25/2014James CaanDirectorSell12,077$1.83$22,100.91View SEC Filing  
2/21/2014Dmitry KozkoPresidentSell5,342$3.65$19,498.30View SEC Filing  
12/23/2013Jonathan NewCFOSell1,639$2.57$4,212.23View SEC Filing  
12/20/2013Jonathan NewCFOSell9,161$2.50$22,902.50View SEC Filing  
12/18/2013Jonathan NewCFOSell3,900$2.38$9,282.00View SEC Filing  
12/16/2013Jonathan NewCFOSell6,900$2.24$15,456.00View SEC Filing  
12/12/2013Jonathan NewCFOSell1,200$2.23$2,676.00View SEC Filing  
12/2/2013Jonathan NewCFOSell1,500$2.51$3,765.00View SEC Filing  
10/24/2012Alberto HernandezCOOBuy3,700$6.58$24,346.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Net Element (NASDAQ NETE) News Headlines

Source:
DateHeadline
JGR Capital Distributes Research Note for Net Element, Inc. (NETE)JGR Capital Distributes Research Note for Net Element, Inc. (NETE)
finance.yahoo.com - May 21 at 9:04 AM
Zacks Investment Research Analysts Reduce Earnings Estimates for Net Element (NETE)Zacks Investment Research Analysts Reduce Earnings Estimates for Net Element (NETE)
www.americanbankingnews.com - May 21 at 1:04 AM
NETE: Q1 2018 Results Show Revenue Growth Declining LossesNETE: Q1 2018 Results Show Revenue Growth Declining Losses
finance.yahoo.com - May 16 at 4:41 PM
Edited Transcript of NETE earnings conference call or presentation 15-May-18 12:30pm GMTEdited Transcript of NETE earnings conference call or presentation 15-May-18 12:30pm GMT
finance.yahoo.com - May 16 at 9:28 AM
Net Elements (NETE) CEO Oleg Firer on Q1 2018 Results - Earnings Call TranscriptNet Element's (NETE) CEO Oleg Firer on Q1 2018 Results - Earnings Call Transcript
seekingalpha.com - May 15 at 5:01 PM
Net Element (NETE) Rating Lowered to Hold at ValuEngineNet Element (NETE) Rating Lowered to Hold at ValuEngine
www.americanbankingnews.com - May 15 at 11:34 AM
Net Element (NETE) Issues  Earnings Results, Beats Expectations By $0.01 EPSNet Element (NETE) Issues Earnings Results, Beats Expectations By $0.01 EPS
www.americanbankingnews.com - May 15 at 10:34 AM
Net Element beats by $0.03, beats on revenueNet Element beats by $0.03, beats on revenue
seekingalpha.com - May 15 at 9:46 AM
Net Element Reports First Quarter 2018 Financial Results and Provides Business UpdateNet Element Reports First Quarter 2018 Financial Results and Provides Business Update
finance.yahoo.com - May 15 at 9:46 AM
Demand for Blockchain Technology Projected to IncreaseDemand for Blockchain Technology Projected to Increase
www.prnewswire.com - May 10 at 9:29 AM
Net Elements Aptito to Showcase Robust Restaurant Solutions at The Restaurant Association Show 2018Net Element's Aptito to Showcase Robust Restaurant Solutions at The Restaurant Association Show 2018
globenewswire.com - May 10 at 9:29 AM
Net Element’s Aptito to Showcase Robust Restaurant Solutions at The Restaurant Association Show 2018Net Element’s Aptito to Showcase Robust Restaurant Solutions at The Restaurant Association Show 2018
finance.yahoo.com - May 9 at 9:18 AM
Net Element International (NETE) Upgraded by ValuEngine to BuyNet Element International (NETE) Upgraded by ValuEngine to Buy
www.americanbankingnews.com - May 2 at 11:07 PM
Net Elements PayOnline Partners with Bank Sputnik to Offer Comprehensive Payment Facilitator Solution for SMBNet Element's PayOnline Partners with Bank Sputnik to Offer Comprehensive Payment Facilitator Solution for SMB
finance.yahoo.com - May 1 at 4:33 PM
[$$] Net Elements Amazing Cast[$$] Net Element's Amazing Cast
finance.yahoo.com - April 28 at 9:39 AM
[$$] The Tech Company That Couldnt Invest Straight[$$] The Tech Company That Couldn't Invest Straight
finance.yahoo.com - April 25 at 4:46 PM
Financial Survey: Net Element International (NETE) versus Its CompetitorsFinancial Survey: Net Element International (NETE) versus Its Competitors
www.americanbankingnews.com - April 24 at 5:14 PM
Financial Comparison: Net Element International (NETE) versus Its CompetitorsFinancial Comparison: Net Element International (NETE) versus Its Competitors
www.americanbankingnews.com - April 23 at 7:20 AM
JGR Capital Initiates Coverage on Net Element, Inc.JGR Capital Initiates Coverage on Net Element, Inc.
finance.yahoo.com - April 17 at 9:37 AM
Net Element International Inc (NETE) Forecasted to Post FY2018 Earnings of ($2.13) Per ShareNet Element International Inc (NETE) Forecasted to Post FY2018 Earnings of ($2.13) Per Share
www.americanbankingnews.com - April 16 at 2:29 AM
Are Net Element Inc’s (NASDAQ:NETE) Interest Costs Too High?Are Net Element Inc’s (NASDAQ:NETE) Interest Costs Too High?
finance.yahoo.com - April 13 at 4:38 PM
SeeThruEquity Issues Update on Net Element, Inc.SeeThruEquity Issues Update on Net Element, Inc.
finance.yahoo.com - April 10 at 9:40 AM
Free Post Earnings Research Report: Squares Q4 FY17 Top-Line Surged 36%; Outshone ForecastsFree Post Earnings Research Report: Square's Q4 FY17 Top-Line Surged 36%; Outshone Forecasts
finance.yahoo.com - April 10 at 9:40 AM
Financial Survey: Net Element International (NETE) and Its PeersFinancial Survey: Net Element International (NETE) and Its Peers
www.americanbankingnews.com - April 10 at 8:18 AM
-$0.43 EPS Expected for Net Element International Inc (NETE) This Quarter-$0.43 EPS Expected for Net Element International Inc (NETE) This Quarter
www.americanbankingnews.com - April 9 at 3:21 PM
Research Analysts Issue Forecasts for Net Element International Incs Q1 2018 Earnings (NETE)Research Analysts Issue Forecasts for Net Element International Inc's Q1 2018 Earnings (NETE)
www.americanbankingnews.com - April 9 at 1:21 AM
Sanctions on Russian tycoon Deripaska will create global ripplesSanctions on Russian tycoon Deripaska will create global ripples
www.reuters.com - April 8 at 10:35 AM
Comparing Net Element International (NETE) and Its PeersComparing Net Element International (NETE) and Its Peers
www.americanbankingnews.com - April 7 at 3:13 PM
NETE: NETE Closes Out 2017 With 11% Growth And Declining LossesNETE: NETE Closes Out 2017 With 11% Growth And Declining Losses
finance.yahoo.com - April 6 at 4:50 PM
Net Element International (NETE) Stock Rating Upgraded by ValuEngineNet Element International (NETE) Stock Rating Upgraded by ValuEngine
www.americanbankingnews.com - April 6 at 12:01 PM
Today’s Research Reports on Trending Tickers: Net Element and FinisarToday’s Research Reports on Trending Tickers: Net Element and Finisar
finance.yahoo.com - April 6 at 9:38 AM
Net Element’s Unified Payments Launches “Fast Pass Funding”, a Same-Day Funding Service available through its proprietary Netevia PlatformNet Element’s Unified Payments Launches “Fast Pass Funding”, a Same-Day Funding Service available through its proprietary Netevia Platform
finance.yahoo.com - April 5 at 9:15 AM
Reviewing Net Element International (NETE) & Its CompetitorsReviewing Net Element International (NETE) & Its Competitors
www.americanbankingnews.com - April 2 at 7:12 PM
Acquisitions, International Demand Lift McCormickAcquisitions, International Demand Lift McCormick
www.msn.com - March 27 at 4:31 PM
Comparing Net Element International (NETE) & Its CompetitorsComparing Net Element International (NETE) & Its Competitors
www.americanbankingnews.com - March 27 at 5:24 AM
Net Element Appoints Seasoned Fintech Executive to Board of DirectorsNet Element Appoints Seasoned Fintech Executive to Board of Directors
finance.yahoo.com - March 26 at 9:39 AM
Net Element International (NETE) Lowered to "Sell" at ValuEngineNet Element International (NETE) Lowered to "Sell" at ValuEngine
www.americanbankingnews.com - March 23 at 8:28 PM
Prices of Cryptocurrencies Rebound After Financial Stability Boards Conclusion - PR Newswire (press release)Prices of Cryptocurrencies Rebound After Financial Stability Board's Conclusion - PR Newswire (press release)
www.prnewswire.com - March 21 at 4:43 PM
Is It The Right Time To Buy Net Element Inc (NASDAQ:NETE)?Is It The Right Time To Buy Net Element Inc (NASDAQ:NETE)?
finance.yahoo.com - March 13 at 6:30 PM
The Growth of Innovations in the Blockchain MarketThe Growth of Innovations in the Blockchain Market
www.prnewswire.com - March 12 at 11:21 AM
Net Element Brings Jon Najarian on Board, Mobile Payments Market, Financial ReviewNet Element Brings Jon Najarian on Board, Mobile Payments Market, Financial Review
finance.yahoo.com - March 12 at 11:21 AM
Net Element International (NETE) Rating Increased to Hold at ValuEngineNet Element International (NETE) Rating Increased to Hold at ValuEngine
www.americanbankingnews.com - March 10 at 7:42 PM
Oleg Firer, CEO of NETE Joins Advisory Board of CoinBoost and Presents at NASDAQ Market Site - GlobeNewswire (press release)Oleg Firer, CEO of NETE Joins Advisory Board of CoinBoost and Presents at NASDAQ Market Site - GlobeNewswire (press release)
globenewswire.com - March 10 at 5:32 PM
Wild Ride: Net Element Rallies 70% After Jon Najarian Joins Its Board - BenzingaWild Ride: Net Element Rallies 70% After Jon Najarian Joins Its Board - Benzinga
www.benzinga.com - March 10 at 5:32 PM
Wild Ride: Net Element Rallies 70% After Jon Najarian Joins Its BoardWild Ride: Net Element Rallies 70% After Jon Najarian Joins Its Board
feeds.benzinga.com - March 9 at 12:34 PM
Net Element Stock Breaks Out After Najarian Joins BoardNet Element Stock Breaks Out After Najarian Joins Board
finance.yahoo.com - March 9 at 9:45 AM
Today’s Research Reports on Stocks to Watch: Tech Data Corporation and Net ElementToday’s Research Reports on Stocks to Watch: Tech Data Corporation and Net Element
finance.yahoo.com - March 9 at 9:45 AM
Oleg Firer, CEO of NETE Joins Advisory Board of CoinBoost and Presents at NASDAQ Market SiteOleg Firer, CEO of NETE Joins Advisory Board of CoinBoost and Presents at NASDAQ Market Site
finance.yahoo.com - March 8 at 5:34 PM
Net Element Appoints Jon Dr. J Najarian to Board of DirectorsNet Element Appoints Jon 'Dr. J' Najarian to Board of Directors
finance.yahoo.com - March 8 at 9:35 AM
Want To Invest In Net Element Inc (NASDAQ:NETE)? Here’s How It Performed LatelyWant To Invest In Net Element Inc (NASDAQ:NETE)? Here’s How It Performed Lately
finance.yahoo.com - March 3 at 9:13 AM

SEC Filings

Net Element (NASDAQ:NETE) SEC Filings

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Social Media

Financials

Net Element (NASDAQ:NETE) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Net Element (NASDAQ NETE) Stock Chart for Tuesday, May, 22, 2018

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This page was last updated on 5/22/2018 by MarketBeat.com Staff

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