The technology company earns $34.85 billion in net income (profit) each year or $2.78 on an earnings per share basis. The company is also involved in the production, investment, and distribution of films and television programs for third parties, as well as copyrights licensing, merchandise sales, and other activities. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Even before accounting for operating leverage, a 40x earnings multiple wouldnt be unreasonable in light of that growth rate. Earnings were 224.82 billion, an increase of 40.65%. Tencent's OTC shares are relatively less liquid than the company's shares listed on the Hong Kong Stock Exchange. The shares retreated to a low of $0.0084, which was a few points below the year-to-date high of $0.0122. The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Amikor a webhelyeinket s alkalmazsainkat hasznlja, a webhelyek s alkalmazsok szolgltatsa, a felhasznlk hitelestse, biztonsgi funkcik mkdtetse, a levlszemt s a visszalsek megelzse, valamint, a webhelyek s alkalmazsok hasznlatnak mrse, szemlyre szabott hirdetsek s tartalom megjelentse rdekldsi profilok alapjn, a szemlyre szabott hirdetsek s tartalom hatkonysgnak mrse, valamint, a termkeink s szolgltatsaink tovbbfejlesztse. proporcionarte nuestros sitios y aplicaciones; autenticar usuarios, aplicar medidas de seguridad y evitar el spam y los abusos, y. medir el uso que haces de nuestros sitios y aplicaciones. See rankings and related performance below. Please. short-sightedness for playing games for a prolonged period of time). On average, analysts rate TCEHY stock as a buy. The company trades at only 20x earnings even before accounting for equity investments on its balance sheet, which total over 20% of the current market cap. It is said that the highest quality stocks fall less than peers in the event of a broader market crash. Exchanges . You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. Considering that Tencent's current valuations have priced in the known and obvious regulatory headwinds and policy issues to a large extent, I retain a Neutral rating for Tencent Holdings. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Most stock quote data provided by BATS. By Posted jordan schnitzer house In strengths and weaknesses of a volleyball player An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's. In the medium to long term, Tencent's competitive moat could become narrower, as the company opens up its ecosystem to more external parties and competitors as well to satisfy regulators that its market dominance does not come at the expense of fair competition and consumers' interests. As of February 15th, there was short interest totaling 9,381,500 shares, an increase of 20.5% from the January 31st total of 7,784,700 shares. . Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. If you do not, click Cancel. Only one analyst offered a short-term price target of $48.00 for Tencent Holding Ltd. If you have an ad-blocker enabled you may be blocked from proceeding. n 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. While Sea pays royalties to Tencent, this distribution activity has also helped expand the company's gaming user base. A RMB10 billion financial penalty will be roughly equivalent to about 6% of TCEHY's FY 2020 net profit attributable to shareholders, based on S&P Capital IQ data. I initiated on DiDi Global with a Bearish rating in my article published on July 7, 2021, and DiDi's stock price has dropped by -48% from $15.53 as of July 2, 2021 (last traded price at the time of writing) to $8.04 as of July 26, 2021. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. Tencent Cloud will provide cloud services in Europe through a strategic partnership with Traac. This indicates that the company will be able to sustain or increase its dividend. Based on earnings estimates, TCEHY will have a dividend payout ratio of 10.84% next year. In this Bloomberg article, it is speculated that because tutoring companies were targeted by the authorities because "excessive tutoring torments youths, burdens parents with expensive fees and exacerbates inequalities in society." By creating a free account, you agree to our, In Britain, warm hubs emerge to beat soaring energy costs, In Chicago, adapting electric buses to winters challenges, Global race to boost electric vehicle range in cold weather, Ukraine ally Kallas fights for reelection in Estonia vote, Paid express lanes grow more popular in once-reluctant South, Pot vote has Oklahoma hungry to rake in green from Texas, Home Depot Stock Earnings Slide, Long Term Value Still There, AbbVie Stock Still a Solid Buy Despite Challenges, COO and Pres of Platform & Content Group & Interactive Entertainment Group, Sr. EVP and Pres of Technology & Engineering Group. Cannabis stocks have been on a rollercoaster the past few years, acknowledges sector director Kris Inton. The pandemic-accelerated digitization of the global economy has brought to the forefront several new avenues for wealth creation. See what's happening in the market right now with MarketBeat's real-time news feed. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. I have read and understand the, I understand that I will be billed $499 monthly if I choose to continue. The company is not yet profitable, but financials are trending in the right direction. Snowflake Reports Weak Guidance: Is the Growth Snowflake Melting? This means that this stock is suited as a new addition to your portfolio as trading bullish markets is always a lot easier. Tencent Holdings Limited (OTCMKTS:TCEHY) announced its quarterly earnings results on Wednesday, March, 18th. Zacks Style Scores Education - Learn more about the Zacks Style Scores. net cash stocks, net-nets, low P/B stocks, sum-of-the-parts discounts) and wide moat stocks (i.e. Build your trading network; Follow your favorite assets . Tencent (TCEHY) Price Target Stock Forecast. mostrar anuncios y contenido personalizados basados en perfiles de inters; medir la efectividad de los anuncios y el contenido personalizados, y. desarrollar y mejorar nuestros productos y servicios. But the good news is, if China invades Taiwan, there is a way to protect yourself. is $39.31 , and for 2033 Mar. Hungary, 2030, rd, Balatoni t 103/b. Nothing here in constitutes a recommendation respecting the particular security illustrated. Si quieres personalizar tus opciones, haz clic en Gestionar configuracin de privacidad. Shopee continues to dominate the Indonesian e-commerce sector, which is expected to grow faster than the Indian e-commerce market. View Tencent's Short Interest. There are two other points worth noting, when evaluating the outlook of Tencent in the next five years. Theme #1: Cannabis. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank. I understand my credit card will be charged $7 today for 7 days of Platinum access. While I acknowledge the deep undervaluation of the stock, I need to see the company undertake a material repurchase program before pounding the table here. Which Chinese stocks does he recommend? The ex-dividend date is Thursday, May 19th. Shares of these innovative growth stocks are richly valued, yet they have solid potential to go even higher in the coming years. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Furthermore, Tencent's current consensus forward next twelve months' normalized P/E multiple of 26.8 times represents a significant discount to its five-year and 10-year average forward P/E multiples of 33.0 times and 31.0 times, respectively. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Assessing where Tencent will be in five years' time requires an understanding of the new regulatory environment in China and the top priorities of the country, and making an evaluation of how all of these could potentially impact TCEHY's future business operations. Further, owners, employees, agents or representatives of Financhill are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory. The Motley Fool has a disclosure policy. The 7 Best Growth Stocks to Buy to Retire Early. Buy These 2 Stocks in 2023 and Hold for the Next Decade, Warren Buffett's Latest $2.9 Billion Buy Brings His Total Investment in This Stock to $66 Billion in 4 Years, If You Invested $1,000 in Nvidia in 1999, Here's the Shocking Amount You Would Have Now, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Motley Fool Issues Rare All In Buy Alert, Copyright, Trademark and Patent Information. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. Why has TCEHY still fallen if it is more insulated than others? is $78.24 , for 2032 Mar. The total 2030 revenue will likely come in at $1 trillion, the analyst estimates. The company clearly has the financial wherewithal to direct 100% of free cash flow towards share repurchases. Practical application of the products herein are at your own risk and Financhill.com, its partners, representatives and employees assume no responsibility or liability for any use or mis-use of the product. Image: REUTERS/Francois Lenoir . What might change the downward trend? Only one analyst offered a short-term price target of $48.00 for Tencent Holding Ltd. Specifically related to TCEHY, the Chinese government has been cracking down on the video game industry, expressing concerns that the industry is focused on profits and placing more restrictions on the industry. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Over the next 52 weeks, Tencent Holdings has on average historically risen by 30.1% based on the past 13 years of stock performance. I am not receiving compensation for it (other than from Seeking Alpha). 8 predictions for the world in 2030 Nov 12, 2016. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Please disable your ad-blocker and refresh. The average price target represents a 10.02% change from the last price of $43.63. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. I have no business relationship with any company whose stock is mentioned in this article. Countries Exchanges. Past success does not guarantee future profit !! There could be short-term positives associated with the collaboration, as Tencent might see incremental revenue from the usage of its payment services WeChat Pay on Alibaba's e-commerce marketplaces as an example. Even amidst the chaos, the company has generated strong growth and profitability while maintaining a solid financial position.
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