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OTCMKTS:TCEHY

Tencent (TCEHY) Stock Price, News & Analysis

$48.34
-0.10 (-0.21%)
(As of 07/8/2024 ET)
Today's Range
$48.17
$48.50
50-Day Range
$43.75
$51.67
52-Week Range
$33.00
$52.10
Volume
1.19 million shs
Average Volume
1.58 million shs
Market Capitalization
$454.76 billion
P/E Ratio
25.44
Dividend Yield
0.79%
Price Target
$46.00

Tencent MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
4.8% Downside
$46.00 Price Target
Short Interest
Healthy
0.04% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.53mentions of Tencent in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
19.08%
From $2.62 to $3.12 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.52 out of 5 stars

TCEHY stock logo

About Tencent Stock (OTCMKTS:TCEHY)

Tencent Holdings Limited, an investment holding company, offers value-added services (VAS), online advertising, fintech, and business services in the People's Republic of China and internationally. It operates through VAS, Online Advertising, FinTech and Business Services, and Others segments. The company's consumers business provides communication and services, such as instant messaging and social network; digital content including online games, videos, live streaming, news, music, and literature; fintech services, which includes mobile payment, wealth management, loans, and securities trading; and various tools, such as network security management, browser, navigation, application management, email, etc. Its enterprise business comprises marketing solutions, which offers digital tools including user insight, creative management, placement strategy, and digital assets management; and cloud services, such as cloud computing, big data analytics, artificial intelligence, Internet of Things, security and other technologies for financial services, education, healthcare, retail, industry, transport, energy, and radio & television application. In addition, the company operates innovation business, which includes artificial intelligences; and discover and develops enterprise and next-generation technologies for food production, energy, and water management application. Tencent Holdings Limited was formerly known as Tencent (BVI) Limited and changed its name to Tencent Holding Limited in February 2004. The company was founded in 1998 and is headquartered in Shenzhen, the People's Republic of China.

TCEHY Stock Price History

TCEHY Stock News Headlines

Baidu search engine on smartphone screen and computer
Baidu Stock Nears Pandemic Lows: Is This a Buying Opportunity? (TCEHY)
Chinese technology stocks have been taking a tumble in 2024. A combination of geopolitical and trade tensions, macroeconomic uncertainty and growth slowdown
The only way to play the AI boom?
A new AI profit window is opening. But I believe if you want to take advantage of this next wave of AI … You have to do something very few people will have the courage to do.
The 3 Best Social Media Stocks to Buy in July 2024
3 Undervalued Social Media Stocks to Snap Up Now
The only way to play the AI boom?
A new AI profit window is opening. But I believe if you want to take advantage of this next wave of AI … You have to do something very few people will have the courage to do.
3 Cheap Tech Stocks That Could Be the Next Big Thing
See More Headlines
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Company Calendar

Last Earnings
5/14/2024
Ex-Dividend for 6/17 Dividend
5/17/2024
Dividend Payable
6/17/2024
Today
7/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous business services
Sub-Industry
N/A
Current Symbol
OTCMKTS:TCEHY
Employees
105,417
Year Founded
1998

Price Target and Rating

Average Stock Price Target
$46.00
High Stock Price Target
$46.00
Low Stock Price Target
$46.00
Potential Upside/Downside
-4.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$16.28 billion
Pretax Margin
26.49%

Debt

Sales & Book Value

Annual Sales
$86.17 billion
Cash Flow
$2.86 per share
Book Value
$13.06 per share

Miscellaneous

Outstanding Shares
9,407,457,000
Free Float
N/A
Market Cap
$454.76 billion
Optionable
Not Optionable
Beta
0.19

Social Links

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Key Executives

  • Mr. Huateng Ma (Age 52)
    Co-Founder, Chairman & CEO
    Comp: $6.03M
  • Mr. Chi Ping Lau (Age 51)
    President
    Comp: $2.33M
  • Mr. Liqing Zeng (Age 54)
    Co-Founder & Advisor Emeritus
  • Mr. Chenye Xu (Age 53)
    Co-Founder & Chief Information Officer
  • Mr. Zhidong Zhang (Age 52)
    Co-Founder & Advisor Emeritus
    Comp: $2.27M
  • Mr. Yidan Chen (Age 53)
    Co-Founder & Advisor Emeritus
  • Mr. Weibiao Zhan (Age 51)
    Managing Director
  • Mr. Shek Hon Lo (Age 55)
    CFO & Senior VP
  • Mr. Yuxin Ren (Age 48)
    COO and President of Platform & Content Group & Interactive Entertainment Group
  • Mr. Shan Lu (Age 49)
    Senior EVP and President of Technology & Engineering Group

Should I Buy Tencent Stock? TCEHY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Tencent Holdings:

  • Tencent's stock price has crossed above its 200-day moving average, indicating a potential uptrend in the stock.
  • Tencent has a strong market capitalization of over $450 billion, reflecting the company's size and stability in the market.
  • Tencent recently increased its annual dividend payout, showing a commitment to rewarding shareholders and potentially attracting income-focused investors.
  • The company reported positive earnings results, beating analysts' estimates, which could boost investor confidence in Tencent's financial performance.
  • Tencent's diverse business segments, including value-added services, online advertising, fintech, and business services, provide investors with exposure to various growth areas in the tech industry.

Cons

Investors should be bearish about investing in Tencent Holdings for these reasons:

  • There is a debt-to-equity ratio of 0.31, which indicates that Tencent has some level of debt that investors should consider in their risk assessment.
  • Tencent's price-to-earnings ratio of around 25 suggests that the stock may be relatively expensive compared to its earnings, potentially limiting immediate upside potential.
  • The beta of 0.19 implies that Tencent's stock price is less volatile compared to the overall market, which may result in slower price movements for traders seeking quick gains.
  • While Tencent has a positive net margin, the current dividend yield of 0.88% may not be attractive to income-seeking investors looking for higher dividend payouts.
  • Investors should monitor Tencent's quick and current ratios to ensure the company's liquidity and ability to meet short-term obligations remain stable.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, July 7, 2024. Please send any questions or comments about these Tencent pros and cons to contact@marketbeat.com.

TCEHY Stock Analysis - Frequently Asked Questions

How have TCEHY shares performed this year?

Tencent's stock was trading at $37.79 on January 1st, 2024. Since then, TCEHY shares have increased by 27.9% and is now trading at $48.34.
View the best growth stocks for 2024 here
.

How were Tencent's earnings last quarter?

Tencent Holdings Limited (OTCMKTS:TCEHY) announced its earnings results on Tuesday, May, 14th. The technology company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.04. The technology company earned $22.28 billion during the quarter. Tencent had a trailing twelve-month return on equity of 17.34% and a net margin of 21.20%.

Does Tencent have any subsidiaries?

Tencent subsidiaries include Tequila Works, 1C Entertainment, Inflexion Games, APKPure Inc., Slamfire Inc., Turtle Rock Studios, Wake Up Interactive Ltd., and others.

How do I buy shares of Tencent?

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

This page (OTCMKTS:TCEHY) was last updated on 7/9/2024 by MarketBeat.com Staff

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