NYSE:CHL

China Mobile Stock Forecast, Price & News

$32.64

-0.56 (-1.69 %)

(As of 09/23/2020 01:57 PM ET)

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Today's Range

$32.62

Now: $32.64▼

$33.17

50-Day Range

$33.50

MA: $35.59▼

$38.38

52-Week Range

$30.12

Now: $32.64▼

$44.93

Volume40,959 shs

Average Volume1.37 million shs

Market Capitalization$133.66 billion

P/E Ratio8.77

Dividend Yield5.31%

Beta0.5

China Mobile Limited provides mobile telecommunications and related services in Mainland China and Hong Kong. The company offers local calls; domestic and international long distance calls and roaming services; and value-added services, such as caller identity display, call waiting, conference calls, and others. It also provides wireless Internet service, as well as digital applications comprising music, video, reading, gaming, and animation; wireline broadband services; and wireline voice services. In addition, it offers dedicated line and IDC services to corporate customers in a range of industry sectors; and basic corporate communication products comprising corporate VPMN and SMS, and tailor made solutions. Further, the company provides international telecommunications services, which includes IDD, roaming, Internet, MNC, and value added business services. Additionally, it offers telecommunications network planning, design, and consulting services; roaming clearance, IT system operation, and technology support services; technology platform development and maintenance services; mobile data, and system integration and development services; network construction and maintenance, network planning and optimizing, and training services; electronic communication products design and sale of related products; non-banking financial services; computer hardware and software research and development services; call center services; e-payment, e-commerce, and Internet finance services; and mobile Internet digital content services, as well as operates a network and business coordination center. The company serves 925 million mobile customers and 157 million wireline broadband customers. The company was formerly known as China Mobile (Hong Kong) Limited and changed its name to China Mobile Limited in May 2006. The company was incorporated in 1997 and is based in Central, Hong Kong. China Mobile Limited is a subsidiary of China Mobile Hong Kong (BVI) Limited.

Beat the Market (BTM) Rank^™

3.2 Analyst's Opinion

Consensus Rating
China Mobile has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, no hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $49.00, China Mobile has a forecasted upside of 49.9% from its current price of $32.69.
Amount of Analyst Coverage
China Mobile has only been the subject of 2 research reports in the past 90 days.

2.2 Community Rank

Outperform Votes
China Mobile has received 394 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
China Mobile has received 513 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
China Mobile has received 56.56% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about China Mobile and other stocks. Vote “Outperform” if you believe CHL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CHL will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
China Mobile is a leading dividend payer. It pays a dividend yield of 5.31%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
China Mobile does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of China Mobile is 47.85%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, China Mobile will have a dividend payout ratio of 43.84% next year. This indicates that China Mobile will be able to sustain or increase its dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, China Mobile insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 2.01% of the stock of China Mobile is held by institutions.

2.5 Earnings and Valuation

Earnings Growth
Earnings for China Mobile are expected to grow by 7.12% in the coming year, from $3.79 to $4.06 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of China Mobile is 8.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.32.
Price to Earnings Ratio vs. Sector
The P/E ratio of China Mobile is 8.79, 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 60.99.
Price to Earnings Growth Ratio
China Mobile has a PEG Ratio of 1.50. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
China Mobile has a P/B Ratio of 0.84. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.24 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Telephone communication, except radio

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNYSE:CHL

Previous Symbol

CUSIPN/A

CIK1117795

Webwww.chinamobileltd.com

Phone852-3121-8888

Debt

Debt-to-Equity Ratio0.04

Current Ratio1.11

Quick Ratio1.09

Price-To-Earnings

Trailing P/E Ratio8.77

Forward P/E Ratio8.61

P/E Growth1.5

Sales & Book Value

Annual Sales$107.14 billion

Price / Sales1.25

Cash Flow$9.83 per share

Price / Cash Flow3.32

Book Value$39.13 per share

Price / Book0.83

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees456,239

Outstanding Shares4,095,096,000

Market Cap$133.66 billion

Next Earnings DateN/A

OptionableOptionable

$32.64

-0.56 (-1.69 %)

(As of 09/23/2020 01:57 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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China Mobile (NYSE:CHL) Frequently Asked Questions

How has China Mobile's stock been impacted by Coronavirus?

China Mobile's stock was trading at $36.71 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CHL shares have decreased by 11.1% and is now trading at $32.64.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of China Mobile?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for China Mobile in the last year. There are currently 1 sell rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for China Mobile.

How often does China Mobile pay dividends? What is the dividend yield for China Mobile?

China Mobile declared a semi-annual dividend on Friday, August 14th. Investors of record on Thursday, August 27th will be given a dividend of $0.9871 per share on Friday, October 9th. This represents a dividend yield of 5%. The ex-dividend date is Wednesday, August 26th.
View China Mobile's dividend history.

What price target have analysts set for CHL?

3 analysts have issued twelve-month price targets for China Mobile's stock. Their forecasts range from $49.00 to $49.00. On average, they anticipate China Mobile's stock price to reach $49.00 in the next year. This suggests a possible upside of 50.1% from the stock's current price.
View analysts' price targets for China Mobile.

Are investors shorting China Mobile?

China Mobile saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 1,090,000 shares, a drop of 26.4% from the August 15th total of 1,480,000 shares. Based on an average daily volume of 1,060,000 shares, the short-interest ratio is presently 1.0 days.
View China Mobile's Short Interest.

Who are some of China Mobile's key competitors?

Some companies that are related to China Mobile include Verizon Communications (VZ), AT&T (T), SoftBank Group (SFTBY), Nippon Telegraph & Telephone (NTTYY), America Movil SAB de CV ADR Series L (AMX), BCE (BCE), VIVENDI SA/ADR (VIVHY), Orange (ORAN), Swisscom (SCMWY), SINGAPORE TELEC/S (SGAPY), China Telecom (CHA), Telstra (TLSYY), Telenor ASA (TELNY), Telekomnks Indn Prsr Tbk Prshn Prsrn (TLK) and Telefonica (TEF).
View all competitors.

What other stocks do shareholders of China Mobile own?

Based on aggregate information from My MarketBeat watchlists, some companies that other China Mobile investors own include Alibaba Group (BABA), Cisco Systems (CSCO), AT&T (T), Intel (INTC), QUALCOMM (QCOM), Micron Technology (MU), Verizon Communications (VZ), AbbVie (ABBV), Bank of America (BAC) and NVIDIA (NVDA).

Who are China Mobile's key executives?

China Mobile's management team includes the following people:

Mr. Yue Li, CEO & Exec. Director (Age 60)
Mr. Xin Dong, VP, CFO & Exec. Director (Age 52)
Mr. Jie Yang, Exec. Chairman (Age 56)
Ms. Wai Lan Wong, Company Sec.
Dr. Tiger Lin, Chairman of China Mobile International Ltd and CEO of China Mobile International Ltd

What is China Mobile's stock symbol?

China Mobile trades on the New York Stock Exchange (NYSE) under the ticker symbol "CHL."

Who are China Mobile's major shareholders?

China Mobile's stock is owned by many different retail and institutional investors. Top institutional shareholders include Macquarie Group Ltd. (0.08%), Rockefeller Capital Management L.P. (0.06%), Letko Brosseau & Associates Inc. (0.05%), First Trust Advisors LP (0.03%), Mondrian Investment Partners LTD (0.03%) and Bank of America Corp DE (0.02%).

Which institutional investors are selling China Mobile stock?

CHL stock was sold by a variety of institutional investors in the last quarter, including Pendal Group Ltd, Bank of America Corp DE, Matthews International Capital Management LLC, FMR LLC, FMR LLC, First Trust Advisors LP, Alberta Investment Management Corp, and Goldman Sachs Group Inc..

Which institutional investors are buying China Mobile stock?

CHL stock was bought by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Clark Capital Management Group Inc., Nordea Investment Management AB, LSV Asset Management, Raymond James Financial Services Advisors Inc., Federated Hermes Inc., Blair William & Co. IL, and Vanguard Group Inc..

How do I buy shares of China Mobile?

Shares of CHL 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, Robinhood, Fidelity, and Charles Schwab.

What is China Mobile's stock price today?

One share of CHL stock can currently be purchased for approximately $32.64.

How big of a company is China Mobile?

China Mobile has a market capitalization of $133.66 billion and generates $107.14 billion in revenue each year. The Wireless communications provider earns $15.43 billion in net income (profit) each year or $3.72 on an earnings per share basis. China Mobile employs 456,239 workers across the globe.

What is China Mobile's official website?

The official website for China Mobile is www.chinamobileltd.com.

How can I contact China Mobile?

China Mobile's mailing address is 60TH FLOOR THE CENTER 99 QUEENS ROAD CEN, HONG KONG F4, . The Wireless communications provider can be reached via phone at 852-3121-8888 or via email at [email protected]

This page was last updated on 9/23/2020 by MarketBeat.com Staff

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