OTCMKTS:TCEHY

Tencent Stock Forecast, Price & News

$85.90

+3.65 (+4.44 %)

(As of 01/19/2021 12:00 AM ET)

Add

Compare

Today's Range

$84.50

Now: $85.90▼

$86.02

50-Day Range

$67.28

MA: $74.82▼

$82.25

52-Week Range

$40.80

Now: $85.90▼

$86.02

Volume4.15 million shs

Average Volume4.22 million shs

Market Capitalization$823.51 billion

P/E Ratio47.46

Dividend Yield0.17%

Beta0.63

Tencent Holdings Limited, an investment holding company, provides value-added services (VAS) and Internet advertising services in Mainland China, the United States, Europe, and internationally. The company operates through VAS, FinTech and Business Services, Online Advertising, and Others segments. It offers online games and social network services; FinTech and cloud services; and online advertising services, such as media, social, and others advertisement services. The company is also involved in production, investment, and distribution of films and television programs for third parties, as well as copyrights licensing, merchandise sales, and other activities. In addition, it develops software; develops and operates online games; and provides information technology, information system integration, asset management, online literature, and online music entertainment services. The company was founded in 1998 and is headquartered in Shenzhen, the People's Republic of China.

MarketRank^™

Overall MarketRank^™

1.64 out of 5 stars

1.4 Analyst's Opinion

Consensus Rating
Tencent has received a consensus rating of Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $78.66, Tencent has a forecasted downside of 8.4% from its current price of $85.90.
Amount of Analyst Coverage
Tencent has only been the subject of 2 research reports in the past 90 days.

2.6 Community Rank

Outperform Votes
Tencent has received 363 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Tencent has received 346 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Tencent has received 51.20% “outperform” votes from our community.

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

1.7 Dividend Strength

Dividend Yield
Tencent has a dividend yield of 0.17%, 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 11.57%. 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 6.42% next year. This indicates that Tencent will be able to sustain or increase its dividend.

0.0 Company Ownership

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 0.58% of the stock of Tencent is held by institutions.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Tencent are expected to grow by 28.99% in the coming year, from $1.69 to $2.18 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Tencent is 47.46, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.58.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tencent is 47.46, 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 83.06.
Price to Book Value per Share Ratio
Tencent has a P/B Ratio of 11.61. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange OTCMKTS

Industry Miscellaneous business services

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolOTCMKTS:TCEHY

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.tencent.com

Phone86-755-8601-3388

Employees62,885

Debt

Debt-to-Equity Ratio0.43

Current Ratio1.34

Quick Ratio1.34

Price-To-Earnings

Trailing P/E Ratio47.46

Forward P/E Ratio50.83

P/E GrowthN/A

Sales & Book Value

Annual Sales$53.57 billion

Price / Sales15.37

Cash Flow$2.09 per share

Price / Cash Flow41.09

Book Value$7.40 per share

Price / Book11.61

Profitability

EPS (Most Recent Fiscal Year)$1.21

Net Income$13.50 billion

Net Margins26.91%

Return on Equity18.76%

Return on Assets9.64%

Miscellaneous

Outstanding Shares9,586,886,000

Market Cap$823.51 billion

Next Earnings Date3/17/2021 (Estimated)

OptionableNot Optionable

$85.90

+3.65 (+4.44 %)

(As of 01/19/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

Receive TCEHY News and Ratings via Email

Sign-up to receive the latest news and ratings for TCEHY and its competitors with MarketBeat's FREE daily newsletter.

Tencent (OTCMKTS:TCEHY) Frequently Asked Questions

How has Tencent's stock been impacted by COVID-19 (Coronavirus)?

Tencent's stock was trading at $49.56 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TCEHY stock has increased by 73.3% and is now trading at $85.90.
View which stocks have been most impacted by COVID-19.

Is Tencent a buy right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tencent in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Tencent stock.
View analyst ratings for Tencent or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Tencent?

Wall Street analysts have given Tencent a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Tencent wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Tencent's next earnings date?

Tencent is scheduled to release its next quarterly earnings announcement on Wednesday, March 17th 2021.
View our earnings forecast for Tencent.

How were Tencent's earnings last quarter?

Tencent Holdings Limited (OTCMKTS:TCEHY) issued its quarterly earnings results on Thursday, November, 12th. The technology company reported $0.42 EPS for the quarter, meeting analysts' consensus estimates of $0.42. The technology company earned $18.13 billion during the quarter, compared to analyst estimates of $17.80 billion. Tencent had a return on equity of 18.76% and a net margin of 26.91%.
View Tencent's earnings history.

Is Tencent a good dividend stock?

Tencent pays an annual dividend of $0.14 per share and currently has a dividend yield of 0.17%. The dividend payout ratio of Tencent is 11.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Tencent will have a dividend payout ratio of 6.42% next year. This indicates that Tencent will be able to sustain or increase its dividend.
View Tencent's dividend history.

What price target have analysts set for TCEHY?

7 brokers have issued 12-month price targets for Tencent's stock. Their forecasts range from $69.03 to $89.00. On average, they expect Tencent's share price to reach $78.66 in the next year. This suggests that the stock has a possible downside of 8.4%.
View analysts' price targets for Tencent or view Wall Street analyst' top-rated stocks.

Who are some of Tencent's key competitors?

Some companies that are related to Tencent include SEA (SE), Johnson Controls International (JCI), Balfour Beatty (BAFYY), NV5 Global (NVEE), Flight Centre Travel Group (FGETF), Donnelley Financial Solutions (DFIN), Monitronics International (SCTY), COMTEX News Network (CMTX), Altisource Portfolio Solutions (ASPS), Performant Financial (PFMT), Applied DNA Sciences (APDN), Twin Vee PowerCats (TVPC), Generation Alpha (GNAL), Sharing Economy International (SEIID) and Helios and Matheson Analytics (HMNY).
View all of TCEHY's competitors.

Who are Tencent's key executives?

Tencent's management team includes the following people:

Mr. Huateng Pony Ma, Co-Founder, Chairman & CEO (Age 48)
Mr. Chi Ping Lau, Pres & Exec. Director (Age 47)
Mr. Liqing Zeng, Co-Founder & Advisor Emeritus (Age 50)
Mr. Chenye Xu, Co-Founder & Chief Information Officer (Age 49)
Mr. Zhidong Zhang, Co-Founder & Advisor Emeritus (Age 48)
Mr. Yidan Chen, Co-Founder & Advisor Emeritus (Age 49)
Mr. Weibiao Zhan, Managing Director (Age 47)
Mr. Shek Hon Lo, CFO & Sr. VP (Age 51)
Mr. Yuxin Ren, Chief Operating Officer (Age 44)
Mr. Shan Lu, Sr. EVP and Pres of Technology & Engineering Group (Age 45)

What is Tencent's stock symbol?

Tencent trades on the OTCMKTS under the ticker symbol "TCEHY."

How do I buy shares of Tencent?

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

What is Tencent's stock price today?

One share of TCEHY stock can currently be purchased for approximately $85.90.

How big of a company is Tencent?

Tencent has a market capitalization of $823.51 billion and generates $53.57 billion in revenue each year. The technology company earns $13.50 billion in net income (profit) each year or $1.21 on an earnings per share basis. Tencent employs 62,885 workers across the globe.

What is Tencent's official website?

The official website for Tencent is www.tencent.com.

How can I contact Tencent?

Tencent's mailing address is Tencent Building Kejizhongyi Avenue Hi-tech Park, Shenzhen F4, 518057. The technology company can be reached via phone at 86-755-8601-3388 or via email at [email protected]

This page was last updated on 1/20/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here