$1.88 EPS Expected for NetEase, Inc. (NTES)

April 22, 2018 - By Darrin Black

Analysts expect NetEase, Inc. (NASDAQ:NTES) to report $1.88 EPS on May, 9.They anticipate $2.41 EPS change or 56.18 % from last quarter’s $4.29 EPS. NTES’s profit would be $246.77M giving it 35.41 P/E if the $1.88 EPS is correct. After having $1.49 EPS previously, NetEase, Inc.’s analysts see 26.17 % EPS growth. The stock decreased 3.21% or $8.84 during the last trading session, reaching $266.3. About 1.55M shares traded or 30.12% up from the average. NetEase, Inc. (NASDAQ:NTES) has declined 2.94% since April 22, 2017 and is downtrending. It has underperformed by 14.49% the S&P500.

NetEase, Inc. (NASDAQ:NTES) Ratings Coverage

Among 9 analysts covering NetEase Inc (NASDAQ:NTES), 4 have Buy rating, 3 Sell and 2 Hold. Therefore 44% are positive. NetEase Inc had 12 analyst reports since November 16, 2017 according to SRatingsIntel. The rating was maintained by Bernstein with “Sell” on Tuesday, February 27. Jefferies maintained the shares of NTES in report on Monday, December 18 with “Hold” rating. Barclays Capital maintained it with “Hold” rating and $320.0 target in Tuesday, November 21 report. As per Friday, November 17, the company rating was upgraded by Nomura. The firm has “Buy” rating given on Friday, November 17 by Bank of America. Jefferies maintained NetEase, Inc. (NASDAQ:NTES) rating on Tuesday, January 23. Jefferies has “Hold” rating and $335.0 target. The stock has “Hold” rating by Jefferies on Thursday, November 16. As per Thursday, November 16, the company rating was downgraded by CLSA. The rating was maintained by Jefferies with “Hold” on Tuesday, April 10.

NetEase, Inc. operates an interactive online community in the People's Republic of China. The company has market cap of $34.95 billion. The firm operates through Online Game Services; Advertising Services; and E-mail, E-commerce and Others divisions. It has a 20.89 P/E ratio. It offers PC-client massively multi-player online role-playing games and mobile games; and distributes its point cards to gamers.

NetEase, Inc. (NASDAQ:NTES) Ratings Chart

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