TME - Tencent Music Entertainment Group
After hours:
| Previous close | 7.40 |
| Open | 7.30 |
| Bid | 6.93 x 4000 |
| Ask | 7.06 x 2200 |
| Day's range | 6.87 - 7.41 |
| 52-week range | 3.14 - 9.29 |
| Volume | |
| Avg. volume | 6,127,804 |
| Market cap | 11.875B |
| Beta (5Y monthly) | 0.80 |
| PE ratio (TTM) | 18.70 |
| EPS (TTM) | 0.37 |
| Earnings date | 14 Aug 2023 - 18 Aug 2023 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 9.90 |
ZacksDoes Tencent Music Entertainment Group Sponsored ADR (TME) Have the Potential to Rally 34.59% as Wall Street Analysts Expect?
The mean of analysts' price targets for Tencent Music Entertainment Group Sponsored ADR (TME) points to a 34.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
ZacksWhat Makes Tencent Music Entertainment Group Sponsored ADR (TME) a New Buy Stock
Tencent Music Entertainment Group Sponsored ADR (TME) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
ZacksTME vs. RELX: Which Stock Is the Better Value Option?
TME vs. RELX: Which Stock Is the Better Value Option?
- Investing.com
4 big analyst picks: Snap gets a fresh upgrade; a big day for Tencent Music
Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades for Tencent Music, Snap, AppLovin, and Wynn Resorts. Tencent Music Entertainment (NYSE:TME) shares surged more than 8% after the company reported solid Q1 earnings and earned several upgrades, as InvestingPro reported in real time. Macquarie upgraded to Neutral from Underperform and raised its price target to $7.40 from $5.10, highlighting effective diversification and better margins.
ReutersChina's Tencent Music revenue beats estimates on jump in paying users
(Reuters) -China's Tencent Music Entertainment Group topped quarterly revenue estimates on Tuesday as the Spotify-like music streaming platform benefited from growth in paying users, sending its U.S. shares 9% higher in premarket trading. In a call with analysts in the evening, the company's chief strategy officer said Tencent was working on an array of artificial intelligence (AI) products ranging from a chatbot to a music generation tool, joining the race to tap the powerful technology to spice up product offerings. The Tencent Holdings Ltd-controlled company said total revenue rose 5.4% to 7.00 billion yuan ($1.01 billion) in the first quarter, snapping five consecutive quarters of revenue declines and beating analysts' estimates of 6.86 billion yuan, according to Refinitiv data.
ZacksTME or ABNB: Which Is the Better Value Stock Right Now?
TME vs. ABNB: Which Stock Is the Better Value Option?
ZacksTencent Music Entertainment Group Sponsored ADR (TME) Recently Broke Out Above the 20-Day Moving Average
Should investors be excited or worried when a stock crosses above the 20-day simple moving average?
Motley FoolWhy Tencent Music Entertainment Plunged Today
Good-looking earnings weren't enough to satisfy the market, but is the stock now too cheap to ignore?
- Investing.com
Tencent Music Entertainment hits 4-month low after revenue declines again in 4Q
By Geoffrey Smith
ZacksTME or RELX: Which Is the Better Value Stock Right Now?
TME vs. RELX: Which Stock Is the Better Value Option?
ZacksTME vs. SSTK: Which Stock Should Value Investors Buy Now?
TME vs. SSTK: Which Stock Is the Better Value Option?
ZacksNew Strong Buy Stocks for February 7th
DLAKY, UBS, SNY, EVR and TME have been added to the Zacks Rank #1 (Strong Buy) List on February 7, 2022.
ZacksTME or SSTK: Which Is the Better Value Stock Right Now?
TME vs. SSTK: Which Stock Is the Better Value Option?
ZacksWeibo Corporation (WB) Surges 14.0%: Is This an Indication of Further Gains?
Weibo Corporation (WB) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
ZacksTencent Music Entertainment Group Sponsored ADR (TME) Crossed Above the 20-Day Moving Average: What That Means for Investors
Should investors be excited or worried when a stock crosses above the 20-day simple moving average?
ZacksBest Momentum Stocks to Buy for January 19th
TME, AXAHY and ASR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 19, 2022.
ZacksNew Strong Buy Stocks for January 19th
TME, MANU, BROS, VZLA and EVBG have been added to the Zacks Rank #1 (Strong Buy) List on January 19, 2022.
ZacksBest Value Stocks to Buy for January 19th
MPB, CPB and TME made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 19, 2022.
- Zacks
What Makes Tencent Music Entertainment Group Sponsored ADR (TME) a Strong Momentum Stock: Buy Now?
Does Tencent Music Entertainment Group Sponsored ADR (TME) have what it takes to be a top stock pick for momentum investors? Let's find out.
ZacksNew Strong Buy Stocks for January 17th
PNNT, MITSY, TME, RYAM and BROS have been added to the Zacks Rank #1 (Strong Buy) List on January 17, 2022.
- Zacks
New Strong Buy Stocks for January 13th
STNE, DTEGY, BAMXF, TME and FYBR have been added to the Zacks Rank #1 (Strong Buy) List on January 13 , 2023.
Motley FoolWhy Chinese Stocks iQiyi, Bilibili, and Tencent Music Entertainment Rallied in December
Chinese stocks made a massive move in December amid the country's reopening and a potential end to the tech crackdown.
ZacksAre Computer and Technology Stocks Lagging Axcelis Technologies (ACLS) This Year?
Here is how Axcelis Technologies (ACLS) and Tencent Music Entertainment Group Sponsored ADR (TME) have performed compared to their sector so far this year.
ZacksTME vs. ABNB: Which Stock Is the Better Value Option?
TME vs. ABNB: Which Stock Is the Better Value Option?
ZacksZacks.com featured highlights include Signet Jewelers, Suzano S.A., Tencent Music Entertainment Group, Banco do Brasil S.A. and Core & Main
Signet Jewelers, Suzano S.A., Tencent Music Entertainment Group, Banco do Brasil S.A. and Core & Main are part of the Zacks Screen of the Week article.
