NYSE:CHUChina Unicom (Hong Kong) Stock Price, Forecast & News

$6.06

+0.32 (+5.57 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$5.97

Now: $6.06▼

$6.12

50-Day Range

$5.62

MA: $6.17▼

$6.69

52-Week Range

$5.08

Now: $6.06▼

$11.15

Volume791,325 shs

Average Volume512,072 shs

Market Capitalization$18.54 billion

P/E Ratio11.43

Dividend Yield3.27%

Beta0.98

China Unicom (Hong Kong) Limited, an investment holding company, provides cellular and fixed-line voice, and related value-added services in the People's Republic of China. It also provides broadband and other Internet-related services, information communications technology services, and business and data communications services. In addition, the company offers telecommunication, communications technology training, technical, and Internet information and value-added telecommunications services; telecommunications network construction, planning, and technical consulting services; and consultancy, survey, design, and contract services relating to information and construction projects. Further, it provides customer, project consultation and management, property management, e-payment, venture capital investment, communications technology development and promotion, auto informatisation, financial, data processing, and tourism and information services; advertising design, production, agency, and publication services; lease services for telecommunications networks; technology development, transfer, and consulting services; and technology promotion service of intelligent transportation system's products. Additionally, the company offers technology development, technology consultation, and other services; technology research and development, consultation, and services of TV video and mobile video; online data processing and transaction; big data; online video and online reading material; network music; and financing leasing services, as well as sells handsets and telecommunication equipment. As of December 31, 2018, it had 315 million mobile billing subscribers, including approximately 220 million 4G subscribers, 81 million fixed-line broadband subscribers, and 56 million fixed-line local access subscribers. The company was incorporated in 2000 and is based in Central, Hong Kong. China Unicom (Hong Kong) Limited is a subsidiary of China Unicom (BVI) Limited.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
China Unicom (Hong Kong) has received a consensus rating of Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $13.20, China Unicom (Hong Kong) has a potential upside of 117.8% from its current price of $6.06.
Amount of Analyst Coverage
China Unicom (Hong Kong) has only been the subject of 2 research reports in the past 90 days.

2.4 Community Rank

Outperform Votes
China Unicom (Hong Kong) has received 275 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
China Unicom (Hong Kong) has received 306 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
China Unicom (Hong Kong) has received 52.67% “underperform” votes from our community.

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

3.3 Dividend Strength

Dividend Leadership
China Unicom (Hong Kong) is a leading dividend payer. It pays a dividend yield of 3.27%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
China Unicom (Hong Kong) has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of China Unicom (Hong Kong) is 35.85 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, China Unicom (Hong Kong) will have a dividend payout ratio of 28.79 % next year. This indicates that China Unicom (Hong Kong) will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, China Unicom (Hong Kong) insiders have not sold or bought any company stock.
Percentage Held by Insiders
77.47% of the stock of China Unicom (Hong Kong) is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 1.10% of the stock of China Unicom (Hong Kong) is held by institutions.

2.5 Earnings and Valuation

Earnings Growth
Earnings for China Unicom (Hong Kong) are expected to grow by 11.86% in the coming year, from $0.59 to $0.66 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of China Unicom (Hong Kong) is 11.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.09.
Price to Earnings Ratio vs. Sector
The P/E ratio of China Unicom (Hong Kong) is 11.43, 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 44.20.
Price to Book Value per Share Ratio
China Unicom (Hong Kong) has a P/B Ratio of 0.40. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.50 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Radiotelephone communication

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNYSE:CHU

Previous Symbol

CUSIPN/A

CIK1113866

Webwww.chinaunicom.com.hk

Phone852-2121-3220

Debt

Debt-to-Equity Ratio0.09

Current Ratio0.41

Quick Ratio0.40

Price-To-Earnings

Trailing P/E Ratio11.43

Forward P/E Ratio10.27

P/E GrowthN/A

Sales & Book Value

Annual Sales$41.25 billion

Price / Sales0.45

Cash Flow$4.66 per share

Price / Cash Flow1.30

Book Value$15.06 per share

Price / Book0.40

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees256,385

Outstanding Shares3,059,800,000

Market Cap$18.54 billion

Next Earnings DateN/A

OptionableOptionable

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China Unicom (Hong Kong) (NYSE:CHU) Frequently Asked Questions

How has China Unicom (Hong Kong)'s stock been impacted by COVID-19 (Coronavirus)?

China Unicom (Hong Kong)'s stock was trading at $7.13 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CHU stock has decreased by 15.0% and is now trading at $6.06. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of China Unicom (Hong Kong)?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for China Unicom (Hong Kong) in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for China Unicom (Hong Kong).

How were China Unicom (Hong Kong)'s earnings last quarter?

China Unicom (Hong Kong) Limited (NYSE:CHU) released its quarterly earnings results on Tuesday, March, 3rd. The Wireless communications provider reported $0.10 EPS for the quarter. The Wireless communications provider earned $11.23 billion during the quarter. View China Unicom (Hong Kong)'s earnings history.

What price target have analysts set for CHU?

7 Wall Street analysts have issued 1-year price targets for China Unicom (Hong Kong)'s stock. Their forecasts range from $13.20 to $13.20. On average, they expect China Unicom (Hong Kong)'s stock price to reach $13.20 in the next year. This suggests a possible upside of 117.8% from the stock's current price. View analysts' price targets for China Unicom (Hong Kong).

Has China Unicom (Hong Kong) been receiving favorable news coverage?

News stories about CHU stock have been trending negative on Saturday, according to InfoTrie Sentiment. The research firm scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. China Unicom (Hong Kong) earned a media sentiment score of -2.7 on InfoTrie's scale. They also gave media headlines about the Wireless communications provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next few days. View the latest news aboutChina Unicom (Hong Kong).

Who are some of China Unicom (Hong Kong)'s key competitors?

Some companies that are related to China Unicom (Hong Kong) include Vodafone Group (VOD), Chunghwa Telecom (CHT), TELUS (TU), SK Telecom (SKM), Mobil'nye Telesistemy PAO (MBT), Hellenic Telecom Organization (HLTOY), Millicom International Cellular (TIGO), VEON (VEON), United States Cellular (USM), Millicom International Cellular (MIICF), HUTCHISON TELEC/ADR (HTHKY), Partner Communications (PTNR), Cellcom Israel (CEL), NII (NIHD) and Spok (SPOK). View all competitors.

What other stocks do shareholders of China Unicom (Hong Kong) own?

Based on aggregate information from My MarketBeat watchlists, some companies that other China Unicom (Hong Kong) investors own include Intelsat (I), Fossil Group (FOSL), Bank of America (BAC), Associated British Foods (ABF), Chaarat Gold (CGH), AMC Entertainment (AMC), First Data (FDC), Ciena (CIEN), Apollo Global Management (APO) and Air Canada (AC).

Who are China Unicom (Hong Kong)'s key executives?

China Unicom (Hong Kong)'s management team includes the following people:

Mr. Xiaochu Wang, Chairman & CEO (Age 61)
Mr. Fushen Li, Exec. Director (Age 57)
Mr. Guanglu Shao, Sr. VP & Exec. Director (Age 55)
Mr. Guohua Li, Pres & Exec. Director (Age 59)
Mr. Kebing Zhu C.P.A., CFO & Exec. Director (Age 45)

What is China Unicom (Hong Kong)'s stock symbol?

China Unicom (Hong Kong) trades on the New York Stock Exchange (NYSE) under the ticker symbol "CHU."

Who are China Unicom (Hong Kong)'s major shareholders?

China Unicom (Hong Kong)'s stock is owned by a variety of institutional and retail investors. Top institutional investors include Morgan Stanley (0.09%), Morgan Stanley (0.09%), BlackRock Inc. (0.05%), Aperio Group LLC (0.03%), Wells Fargo & Company MN (0.02%) and Parametric Portfolio Associates LLC (0.01%).

Which major investors are selling China Unicom (Hong Kong) stock?

CHU stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., NINE MASTS CAPITAL Ltd, UBS Group AG, Wells Fargo & Company MN, Gabelli Funds LLC, Parametric Portfolio Associates LLC, SG Americas Securities LLC, and Wetherby Asset Management Inc..

Which major investors are buying China Unicom (Hong Kong) stock?

CHU stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Two Sigma Investments LP, Aperio Group LLC, Connor Clark & Lunn Investment Management Ltd., CIBC World Markets Inc., State Street Corp, and Trexquant Investment LP.

How do I buy shares of China Unicom (Hong Kong)?

Shares of CHU 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 Unicom (Hong Kong)'s stock price today?

One share of CHU stock can currently be purchased for approximately $6.06.

How big of a company is China Unicom (Hong Kong)?

China Unicom (Hong Kong) has a market capitalization of $18.54 billion and generates $41.25 billion in revenue each year. The Wireless communications provider earns $1.63 billion in net income (profit) each year or $0.53 on an earnings per share basis. China Unicom (Hong Kong) employs 256,385 workers across the globe.

What is China Unicom (Hong Kong)'s official website?

The official website for China Unicom (Hong Kong) is www.chinaunicom.com.hk.

How can I contact China Unicom (Hong Kong)?

China Unicom (Hong Kong)'s mailing address is 75TH FLOOR THE CENTER, HONG KONG K3, . The Wireless communications provider can be reached via phone at 852-2121-3220 or via email at [email protected]

This page was last updated on 6/6/2020 by MarketBeat.com Staff