Net Element Stock Price, News & Analysis (NASDAQ:NETE)

$4.13 0.10 (2.48 %)
(As of 11/17/2017 04:00 PM ET)
Previous Close$4.13
Today's Range$4.07 - $4.49
52-Week Range$2.56 - $15.40
Volume59,721 shs
Average Volume388,232 shs
Market Capitalization$9.94 million
P/E RatioN/A
Dividend YieldN/A
Beta1.11

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.


Industry, Sector and Symbol:
  • Industry: Internet Software & Services
  • Sub-Industry: N/A
  • Sector: Retail/Wholesale
  • Symbol: NASDAQ:NETE
  • CUSIP: N/A
  • Web: www.netelement.com
Debt:
  • Debt-to-Equity Ratio: 3.17%
  • Current Ratio: 0.62%
  • Quick Ratio: 0.62%
Sales & Book Value:
  • Annual Sales: $54.29 million
  • Price / Sales: 0.19
  • Book Value: $2.65 per share
  • Price / Book: 1.56
Profitability:
  • Trailing EPS: ($4.94)
  • Net Income: ($13,480,000.00)
  • Net Margins: -14.44%
  • Return on Equity: -186.55%
  • Return on Assets: -25.91%
Misc:
  • Employees: 140
  • Outstanding Shares: 2,450,000
 

Frequently Asked Questions for Net Element (NASDAQ:NETE)

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's stock reverse split on 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, Inc. (NASDAQ:NETE) released its quarterly earnings results on Tuesday, November, 14th. The company reported ($0.90) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.56) by $0.34. The business had revenue of $14.90 million for the quarter, compared to analysts' expectations of $16.60 million. Net Element had a negative return on equity of 186.55% and a negative net margin of 14.44%. View Net Element's Earnings History.

Who are some of Net Element's key competitors?

How do I buy Net Element stock?

Shares of Net Element 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 Net Element stock can currently be purchased for approximately $4.13.

How big of a company is Net Element?

Net Element has a market capitalization of $9.94 million and generates $54.29 million in revenue each year. The company earns ($13,480,000.00) in net income (profit) each year or ($4.94) on an earnings per share basis. Net Element employs 140 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 (NASDAQ NETE)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  54 (Vote Outperform)
Underperform Votes:  55 (Vote Underperform)
Total Votes:  109
MarketBeat's community ratings are surveys of what our community members think about Net Element and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Analysts' Consensus Rating for Net Element (NASDAQ:NETE)

  (How are Consensus Ratings Calculated?)
Ratings Breakdown: 0 Sell Ratings, 0 Hold Ratings, 0 Buy Ratings, 0 Strong Buy RatingsNo ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Analysts' Consensus Price Target: N/A

Consensus Price Target History for Net Element (NASDAQ:NETE)

Price Target History for Net Element (NASDAQ:NETE)

Analysts' Ratings History for Net Element (NASDAQ:NETE)

Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

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

Earnings by Quarter for Net Element (NASDAQ:NETE)

Earnings History by Quarter for Net Element (NASDAQ NETE)

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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
11/14/2016Q316($0.80)($2.50)$12.68 million$14.01 millionViewListenView Earnings Details
5/15/2015Q115($0.70)($0.50)$4.84 million$5.54 millionViewN/AView Earnings Details
11/13/2014Q3 2014($0.30)($1.60)$7.00 million$6.03 millionViewN/AView Earnings Details
5/15/2014Q114($1.10)$0.90 million$4.80 millionViewN/AView Earnings Details
5/17/2013Q1 13($1.10)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Net Element (NASDAQ:NETE)
2017 EPS Consensus Estimate: ($0.24)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.09)($0.09)($0.09)
Q2 20171($0.08)($0.08)($0.08)
Q3 20171($0.04)($0.04)($0.04)
Q4 20171($0.03)($0.03)($0.03)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Net Element (NASDAQ:NETE)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

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

Insider Ownership Percentage: 27.93%
Institutional Ownership Percentage: 18.91%
Insider Trades by Quarter for Net Element (NASDAQ:NETE)

Insider Trades by Quarter for Net Element (NASDAQ NETE)

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/18/2015William HealyDirectorBuy244,720$0.06$14,683.20View 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

Headline Trends for Net Element (NASDAQ:NETE)

Latest Headlines for Net Element (NASDAQ NETE)

Source:
DateHeadline
Is Net Element Inc (NETE) A Financially Sound Company?Is Net Element Inc (NETE) A Financially Sound Company?
finance.yahoo.com - November 18 at 7:32 AM
Edited Transcript of NETE earnings conference call or presentation 15-Nov-17 1:30pm GMTEdited Transcript of NETE earnings conference call or presentation 15-Nov-17 1:30pm GMT
finance.yahoo.com - November 18 at 7:32 AM
NETE: Q4 Results Should Rebound as Restructuring and Hurricanes Hurt Q3 ResultsNETE: Q4 Results Should Rebound as Restructuring and Hurricanes Hurt Q3 Results
finance.yahoo.com - November 18 at 7:32 AM
Net Element, Inc. (NETE) Releases  Earnings Results, Misses Estimates By $0.34 EPSNet Element, Inc. (NETE) Releases Earnings Results, Misses Estimates By $0.34 EPS
www.americanbankingnews.com - November 15 at 1:03 PM
Net Element Reports Third Quarter 2017 ResultsNet Element Reports Third Quarter 2017 Results
feeds.benzinga.com - November 14 at 4:51 PM
Net Element Ranked as One of The Fastest Growing Companies in North America on Deloittes 2017 Technology Fast 500(TM)Net Element Ranked as One of The Fastest Growing Companies in North America on Deloitte's 2017 Technology Fast 500(TM)
finance.yahoo.com - November 12 at 10:46 AM
Net Element (NETE) Regains Compliance with NASDAQ Listing RequirementsNet Element (NETE) Regains Compliance with NASDAQ Listing Requirements
www.streetinsider.com - October 25 at 8:03 AM
Net Element (NETE) Regains Compliance with NASDAQ Listing Requirements - StreetInsider.comNet Element (NETE) Regains Compliance with NASDAQ Listing Requirements - StreetInsider.com
www.streetinsider.com - October 24 at 7:39 AM
Net Element Regains Compliance with NASDAQ Listing RequirementsNet Element Regains Compliance with NASDAQ Listing Requirements
finance.yahoo.com - October 24 at 7:39 AM
Net Element Regains Compliance with NASDAQ Listing RequirementsNet Element Regains Compliance with NASDAQ Listing Requirements
finance.yahoo.com - October 24 at 7:39 AM
Unified Payments Launches Same-Day ACH Payment Processing SolutionUnified Payments Launches Same-Day ACH Payment Processing Solution
finance.yahoo.com - October 17 at 2:14 AM
Net Element (NETE) Announces Growth in NA Transactions Solutions SegmentNet Element (NETE) Announces Growth in NA Transactions Solutions Segment
www.streetinsider.com - October 14 at 10:35 PM
Net Element (NETE) Announces Growth in NA Transactions Solutions Segment - StreetInsider.comNet Element (NETE) Announces Growth in NA Transactions Solutions Segment - StreetInsider.com
www.streetinsider.com - October 14 at 6:06 AM
Net Element Announces Growth in North America Transactions Solutions SegmentNet Element Announces Growth in North America Transactions Solutions Segment
finance.yahoo.com - October 14 at 6:06 AM
Cleantech Solutions International Enters Into Exclusivity Agreement With Inspirit Studio Regarding Potential AcquisitionCleantech Solutions International Enters Into Exclusivity Agreement With Inspirit Studio Regarding Potential Acquisition
www.thestreet.com - October 9 at 8:25 AM
ValuEngine Upgrades Net Element, Inc. (NETE) to "Hold"ValuEngine Upgrades Net Element, Inc. (NETE) to "Hold"
www.americanbankingnews.com - October 7 at 10:34 PM
Net Element (NETE) Plans 1-for-10 Reverse Stock Split Effective October 5 - StreetInsider.comNet Element (NETE) Plans 1-for-10 Reverse Stock Split Effective October 5 - StreetInsider.com
www.streetinsider.com - October 6 at 9:47 AM
BRIEF-Net Element says ‍will decrease authorized common stock of company from 400 mln shares to 100 mln sharesBRIEF-Net Element says ‍will decrease authorized common stock of company from 400 mln shares to 100 mln shares
www.reuters.com - October 5 at 11:04 AM
Net Element (NETE) Plans 1-for-10 Reverse Stock Split Effective October 5Net Element (NETE) Plans 1-for-10 Reverse Stock Split Effective October 5
www.streetinsider.com - October 5 at 11:03 AM
Progressive Care Appoints Oleg Firer as an Independent Board MemberProgressive Care Appoints Oleg Firer as an Independent Board Member
finance.yahoo.com - October 5 at 11:03 AM
SeeThruEquity Issues Company Update on Net ElementSeeThruEquity Issues Company Update on Net Element
finance.yahoo.com - October 5 at 11:03 AM
Net Element Announces Reverse Stock Split Effective October 5, 2017Net Element Announces Reverse Stock Split Effective October 5, 2017
finance.yahoo.com - October 5 at 11:03 AM
Net Elements Aptito Restaurant POS will Exhibit at the 2017 Florida Restaurant & Lodging ShowNet Element's Aptito Restaurant POS will Exhibit at the 2017 Florida Restaurant & Lodging Show
finance.yahoo.com - October 5 at 11:03 AM
Seethru Equity Weighs in on Net Element, Inc.s FY2017 Earnings (NETE)Seethru Equity Weighs in on Net Element, Inc.'s FY2017 Earnings (NETE)
www.americanbankingnews.com - September 29 at 6:24 AM
Net Element, Inc. (NETE) Short Interest UpdateNet Element, Inc. (NETE) Short Interest Update
www.americanbankingnews.com - September 29 at 1:56 AM
Net Elements PayOnline Launches Payment Acceptance for Azimuth AirlinesNet Element's PayOnline Launches Payment Acceptance for Azimuth Airlines
finance.yahoo.com - September 22 at 10:53 AM
Why Net Element Inc (NETE) Could Be A BuyWhy Net Element Inc (NETE) Could Be A Buy
finance.yahoo.com - September 22 at 10:53 AM
Net Elements Unified Payments Launches Zero-Fee Processing Program for SMB Merchants in the United StatesNet Element's Unified Payments Launches Zero-Fee Processing Program for SMB Merchants in the United States
finance.yahoo.com - September 8 at 6:16 AM
Miami company at risk of being delisted from Nasdaq - South Florida Business JournalMiami company at risk of being delisted from Nasdaq - South Florida Business Journal
www.bizjournals.com - August 25 at 9:07 AM
Net Element (NETE) Reports Positive Nasdaq Listing DeterminationNet Element (NETE) Reports Positive Nasdaq Listing Determination
www.streetinsider.com - August 23 at 9:10 AM
Net Element Receives Positive Nasdaq Listing Determination; Common Stock to Continue to Trade on NasdaqNet Element Receives Positive Nasdaq Listing Determination; Common Stock to Continue to Trade on Nasdaq
finance.yahoo.com - August 23 at 9:10 AM
Net Element (NETE) Reports Positive Nasdaq Listing Determination - StreetInsider.comNet Element (NETE) Reports Positive Nasdaq Listing Determination - StreetInsider.com
www.streetinsider.com - August 21 at 10:29 PM
Net Elements (NETE) CEO Oleg Firer on Q2 2017 Results - Earnings Call TranscriptNet Element's (NETE) CEO Oleg Firer on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 17 at 3:57 PM
Net Elements PayOnline Launches Payment Acceptance Module for Telegram, Viber, Facebook and VK Instant Messenger AppsNet Element's PayOnline Launches Payment Acceptance Module for Telegram, Viber, Facebook and VK Instant Messenger Apps
finance.yahoo.com - August 17 at 3:57 PM
Edited Transcript of NETE earnings conference call or presentation 15-Aug-17 12:30pm GMTEdited Transcript of NETE earnings conference call or presentation 15-Aug-17 12:30pm GMT
finance.yahoo.com - August 16 at 1:29 AM
Net Element, Inc. (NETE) Releases  Earnings Results, Meets EstimatesNet Element, Inc. (NETE) Releases Earnings Results, Meets Estimates
www.americanbankingnews.com - August 15 at 12:46 PM
Net Element Reports Second Quarter 2017 ResultsNet Element Reports Second Quarter 2017 Results
finance.yahoo.com - August 15 at 2:57 AM
Net Element, Inc. (NASDAQ:NETE) to Release Earnings on MondayNet Element, Inc. (NASDAQ:NETE) to Release Earnings on Monday
www.americanbankingnews.com - August 11 at 8:32 PM
Net Elements PayOnline Launches Support for Electronic Commerce in the United StatesNet Element's PayOnline Launches Support for Electronic Commerce in the United States
finance.yahoo.com - August 7 at 11:11 PM
Net Elements PayOnline Adds Support for iDEAL, the Most Popular Payment System in NetherlandsNet Element's PayOnline Adds Support for iDEAL, the Most Popular Payment System in Netherlands
finance.yahoo.com - July 27 at 4:41 AM
Net Elements PayOnline Expands Payments Module to Include Prominent InSales PlatformNet Element's PayOnline Expands Payments Module to Include Prominent InSales Platform
finance.yahoo.com - July 21 at 3:40 AM
Net Element Releases Update Letter to ShareholdersNet Element Releases Update Letter to Shareholders
finance.yahoo.com - July 13 at 7:14 AM
ETFs with exposure to Net Element, Inc. : July 7, 2017ETFs with exposure to Net Element, Inc. : July 7, 2017
finance.yahoo.com - July 8 at 12:57 PM
Net Element (NETE) Subsidiary PayOnline Announces Partnership with Payvision in Europe - StreetInsider.comNet Element (NETE) Subsidiary PayOnline Announces Partnership with Payvision in Europe - StreetInsider.com
www.streetinsider.com - June 21 at 8:01 PM
International Isotopes Inc. Announces Financial Results For The First Quarter 2017International Isotopes Inc. Announces Financial Results For The First Quarter 2017
www.prnewswire.com - May 16 at 6:31 PM
NET ELEMENT INCNET ELEMENT INC
www.finanznachrichten.de - May 10 at 12:08 PM
NetworkNewsWire Announces Publication on Stocks Focused on ... - MarketWatchNetworkNewsWire Announces Publication on Stocks Focused on ... - MarketWatch
www.marketwatch.com - May 5 at 7:06 PM
Square Inc. Cuts Losses Faster Than ExpectedSquare Inc. Cuts Losses Faster Than Expected
www.wsj.com - May 3 at 5:49 PM
Kimball International, Inc. Reports Third Quarter Results — GAAP Net Income Increases 162% (Non-GAAP Increases 63%) on Sales Increase of 2%Kimball International, Inc. Reports Third Quarter Results — GAAP Net Income Increases 162% (Non-GAAP Increases 63%) on Sales Increase of 2%
globenewswire.com - May 3 at 5:49 PM
Mondelez International (MDLZ) Stock Up on Q1 Earnings & Revenue BeatMondelez International (MDLZ) Stock Up on Q1 Earnings & Revenue Beat
www.nasdaq.com - May 2 at 7:49 PM

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Chart

Net Element (NASDAQ NETE) Chart for Saturday, November, 18, 2017
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This page was last updated on 11/18/2017 by MarketBeat.com Staff

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