OTCMKTS:TSGTY

Tsingtao Brewery (TSGTY) Stock Forecast, Price & News

$48.10

-3.56 (-6.89%)

(As of 08/5/2022 12:00 AM ET)

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Today's Range: $48.10
▼
$49.20
50-Day Range: $38.29
▼
$52.17
52-Week Range: $36.00
▼
$52.17

Volume: 597 shs
Average Volume: 1,190 shs
Market Capitalization: $13.13 billion

P/E Ratio: 31.23
Dividend Yield: 1.50%
Price Target: N/A

Tsingtao Brewery MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.00% of Shares Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 21.98%
From $1.82 to $2.22 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.21 out of 5 stars

0.0

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Tsingtao Brewery.

3.0

Short Interest

Percentage of Shares Shorted
0.00% of the outstanding shares of Tsingtao Brewery have been sold short.
Short Interest Ratio / Days to Cover
Tsingtao Brewery has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Tsingtao Brewery has recently increased by 100.00%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
Tsingtao Brewery pays a meaningful dividend of 1.50%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Tsingtao Brewery does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Tsingtao Brewery is 46.75%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Tsingtao Brewery will have a dividend payout ratio of 32.43% next year. This indicates that Tsingtao Brewery will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TSGTY.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for Tsingtao Brewery this week, compared to 0 articles on an average week.
Search Interest
1 people have searched for TSGTY on MarketBeat in the last 30 days.

N/A

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Tsingtao Brewery insiders have not sold or bought any company stock.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Tsingtao Brewery are expected to grow by 21.98% in the coming year, from $1.82 to $2.22 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Tsingtao Brewery is 31.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.05.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tsingtao Brewery is 31.23, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 15.74.

See Top Rated MarketRank™ Stocks Here

About Tsingtao Brewery (OTCMKTS:TSGTY) Stock

Tsingtao Brewery Company Limited, together with its subsidiaries, engages in the production, distribution, wholesale, and retail sale of beer products worldwide. It operates through seven segments: Shandong Region; South China Region; North China Region; East China Region; Southeast China Region; Hong Kong, Macau and Other Overseas Region; and Finance Company. The company sells its beer products primarily under the Tsingtaoand and Laoshan brand names. It also provides wealth management, and agency collection and payment services; and financing, construction, and logistics services, as well as technology promotion and application services. The company was founded in 1903 and is headquartered in Qingdao, the People's Republic of China.

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TSGTY Stock News Headlines

August 4, 2022 | americanbankingnews.com

Tsingtao Brewery (OTCMKTS:TSGTY) Sets New 12-Month High at $52.17

July 16, 2022 | americanbankingnews.com

Tsingtao Brewery Company Limited (OTCMKTS:TSGTY) Short Interest Update

July 16, 2022 | americanbankingnews.com

FY2024 EPS Estimates for Tsingtao Brewery Company Limited (OTCMKTS:TSGTY) Decreased by Jefferies Financial Group

January 21, 2022 | uk.finance.yahoo.com

Tsingtao Brewery Company Limited (0168.HK)

January 15, 2022 | uk.finance.yahoo.com

Tsingtao Brewery Company Limited (600600.SS)

August 23, 2021 | markets.businessinsider.com

Here's what to expect from Tsingtao Brewery's earnings report

July 3, 2021 | sg.finance.yahoo.com

Tsingtao Brewery Company Limited (TSGTF)

May 28, 2021 | finance.yahoo.com

Tsingtao Brewery Co. (TSGTY) Is a Great Choice for "Trend" Investors, Here's Why

April 24, 2021 | markets.businessinsider.com

What Wall Street expects from Tsingtao Brewery's earnings

November 20, 2020 | finance.yahoo.com

Gulf & Pacific Equities Corp. reports on Third Quarter Results with Revenue of $899,642

October 29, 2020 | markets.businessinsider.com

Here's what Wall Street expects from Tsingtao Brewery's earnings

September 1, 2020 | finance.yahoo.com

How Does Gulf & Pacific Equities' (CVE:GUF) CEO Salary Compare to Peers?

August 30, 2020 | markets.businessinsider.com

Tsingtao Brewery is about to announce earnings — here's what Wall Street expects

August 30, 2020 | markets.businessinsider.com

Here's what Wall Street expects from Tsingtao Brewery's earnings report

August 21, 2020 | finance.yahoo.com

Gulf & Pacific Equities Corp. reports on Second Quarter Results with Revenue of $937,139

July 9, 2020 | seekingalpha.com

Tsingtao Brewery: ROE Improvement Is Key Re-Rating Catalyst

June 8, 2020 | www.reuters.com

Tsingtao Brewery Co Ltd

May 7, 2020 | www.msn.com

Corona beer’s brewer Budweiser APAC posts net loss of US$41 million in first quarter as coronavirus forced bars, nightclubs, to close

March 30, 2020 | markets.businessinsider.com

Tsingtao Brewery is about to announce its earnings — here's what Wall Street expects

March 27, 2020 | www.wsj.com

Tsingtao Brewery Co. Ltd. ADR

February 28, 2020 | www.reuters.com

China's Qingdao says removes Tsingtao Brewery president from position

November 29, 2019 | ca.finance.yahoo.com

ThaiBev Said to Consider IPO of $10 Billion Brewery Business

October 6, 2019 | www.cnbc.com

Budweiser wants to take on China, the world's largest beer market where local brews rule

September 17, 2019 | www.wsj.com

Bud Brewer Takes Another Shot at Asian IPO After First Attempt Fizzled

September 13, 2019 | www.wsj.com

Bud Light: Brewer Plans Slimmed-Down IPO in Hong Kong

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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TSGTY Company Calendar

Ex-Dividend for 8/19 Dividend: 6/30/2022
Today: 8/07/2022
Dividend Payable: 8/19/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Malt beverages
Sub-Industry: N/A
Sector: Consumer Staples
Current Symbol: OTCMKTS:TSGTY
Previous Symbol: NASDAQ:TSGTY
CUSIP: N/A
CIK: 939383
Web: www.tsingtao.com.cn
Phone: 86-532-8571-3831
Fax: 86-532-8571-3240
Employees: 32,947
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 31.23
Forward P/E Ratio: 26.43
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: $4.02 billion
Price / Sales: 3.26
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: 272,900,000
Free Float: N/A
Market Cap: $13.13 billion
Optionable: Not Optionable
Beta: 0.47

Key Executives

Mr. Ke Xing Huang (Age 60)
Exec. Chairman & CEO
Comp: $217.29k
Mr. Zhi Wei Cai (Age 55)
Pres of Marketing Center
Mr. Rui Yong Wang (Age 56)
VP & Exec. Director
Comp: $188.43k
Mr. Zong Xiang Jiang
VP & Pres of Supply Chain
Ms. Nan Xu
VP, Pres of Manufacturing & Chief Brewer
Mr. Rui Xiang Zhang (Age 58)
Head of Equity Management Department & Company Sec.
Mr. Shao Bo Wang
VP
Qiuyan Hou
Head of Accounting
Ms. Sun Li Hong (Age 47)
Head of Law Affairs Department and Employee Representative Supervisor
Mr. Chao Shan Xue (Age 64)
Asst. to Pres of Mfg Center,& Factory Mngr

Key Competitors

View All Competitors

TSGTY Stock - Frequently Asked Questions

How has Tsingtao Brewery's stock performed in 2022?: Tsingtao Brewery's stock was trading at $47.10 at the beginning of the year. Since then, TSGTY stock has increased by 2.1% and is now trading at $48.10.
View the best growth stocks for 2022 here.
Are investors shorting Tsingtao Brewery?: Tsingtao Brewery saw a increase in short interest in the month of July. As of July 15th, there was short interest totaling 200 shares, an increase of 100.0% from the June 30th total of 100 shares. Based on an average trading volume of 2,700 shares, the days-to-cover ratio is presently 0.1 days.
View Tsingtao Brewery's Short Interest.
How often does Tsingtao Brewery pay dividends? What is the dividend yield for Tsingtao Brewery?: Tsingtao Brewery declared a dividend on Thursday, June 30th. Stockholders of record on Friday, July 1st will be given a dividend of $0.7219 per share on Friday, August 19th. This represents a yield of 1.42%. The ex-dividend date of this dividend is Thursday, June 30th.
View Tsingtao Brewery's dividend history.
Is Tsingtao Brewery a good dividend stock?: Tsingtao Brewery(OTCMKTS:TSGTY) pays an annual dividend of $0.72 per share and currently has a dividend yield of 1.50%. The dividend payout ratio of Tsingtao Brewery is 46.75%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Tsingtao Brewery will have a dividend payout ratio of 32.43% next year. This indicates that Tsingtao Brewery will be able to sustain or increase its dividend.
View Tsingtao Brewery's dividend history.

What is Tsingtao Brewery's stock symbol?: Tsingtao Brewery trades on the OTCMKTS under the ticker symbol "TSGTY."
How do I buy shares of Tsingtao Brewery?: Shares of TSGTY 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.
Compare Top Brokerages Here.
What is Tsingtao Brewery's stock price today?: One share of TSGTY stock can currently be purchased for approximately $48.10.
How much money does Tsingtao Brewery make?: Tsingtao Brewery (OTCMKTS:TSGTY) has a market capitalization of $13.13 billion and generates $4.02 billion in revenue each year. The company earns $319.03 million in net income (profit) each year or $1.54 on an earnings per share basis.
How many employees does Tsingtao Brewery have?: Tsingtao Brewery employs 32,947 workers across the globe.
How can I contact Tsingtao Brewery?: Tsingtao Brewery's mailing address is Tsingtao Beer Tower May Fourth Square Hong Kong Road Central, Qingdao F4, 266071. The official website for Tsingtao Brewery is www.tsingtao.com.cn. The company can be reached via phone at 86-532-8571-3831 or via fax at 86-532-8571-3240.

This page (OTCMKTS:TSGTY) was last updated on 8/7/2022 by MarketBeat.com Staff

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Tsingtao Brewery (TSGTY) Stock Forecast, Price & News

Tsingtao Brewery MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Tsingtao Brewery (OTCMKTS:TSGTY) Stock

Receive TSGTY Stock News and Ratings via Email

TSGTY Stock News Headlines

Receive TSGTY Stock News and Ratings via Email

TSGTY Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

TSGTY Stock - Frequently Asked Questions

How has Tsingtao Brewery's stock performed in 2022?

Are investors shorting Tsingtao Brewery?

How often does Tsingtao Brewery pay dividends? What is the dividend yield for Tsingtao Brewery?

Is Tsingtao Brewery a good dividend stock?

What is Tsingtao Brewery's stock symbol?

How do I buy shares of Tsingtao Brewery?

What is Tsingtao Brewery's stock price today?

How much money does Tsingtao Brewery make?

How many employees does Tsingtao Brewery have?

How can I contact Tsingtao Brewery?

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Overall MarketRank^™