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OTCMKTS:TCEHY

Tencent (TCEHY) Stock Price, News & Analysis

$48.71
-0.21 (-0.43%)
(As of 06/18/2024 ET)
Today's Range
$48.27
$48.74
50-Day Range
$38.21
$51.67
52-Week Range
$33.00
$52.10
Volume
1.86 million shs
Average Volume
1.89 million shs
Market Capitalization
$458.21 billion
P/E Ratio
25.64
Dividend Yield
0.78%
Price Target
$46.00

Tencent MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
5.6% 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
1.03mentions of Tencent in the last 14 days
Based on 2 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.

2.30 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

3 Cheap Tech Stocks That Could Be the Next Big Thing
[Urgent] Protect your money before November
Those who listened to his warnings could have kept their money safe and even made substantial profits during each crisis. In fact, the Wall Street Journal reported that his work was more accurate … and more profitable than that of … Deutsche Bank … Merrill Lynch … JPMorgan Chase … Goldman Sachs … and every other firm reviewed.
[Urgent] Protect your money before November
Those who listened to his warnings could have kept their money safe and even made substantial profits during each crisis. In fact, the Wall Street Journal reported that his work was more accurate … and more profitable than that of … Deutsche Bank … Merrill Lynch … JPMorgan Chase … Goldman Sachs … and every other firm reviewed.
How to Invest in Tencent
Tencent: Still A Bargain!
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
6/18/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous business services
Sub-Industry
N/A
Current Symbol
OTCMKTS:TCEHY
Employees
108,436
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
-5.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$16.30 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$86.17 billion
Cash Flow
$2.54 per share
Book Value
$12.16 per share

Miscellaneous

Outstanding Shares
9,406,840,000
Free Float
N/A
Market Cap
$458.21 billion
Optionable
Not Optionable
Beta
0.22

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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 Holdings has shown consistent revenue growth over the past few quarters, indicating a strong financial performance.
  • The company has a diverse portfolio of products and services, reducing dependency on any single revenue stream.
  • Tencent's innovative approach to technology and gaming has positioned it as a leader in the industry, attracting a large user base.
  • Recent strategic investments and partnerships have expanded Tencent's global presence, opening up new growth opportunities.
  • With a current stock price of $75.00, Tencent Holdings offers a relatively attractive entry point for investors looking to capitalize on its potential growth.

Cons

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

  • Regulatory challenges in China could impact Tencent's operations and growth prospects, leading to uncertainties for investors.
  • Increased competition in the tech and gaming sectors may put pressure on Tencent's market share and profitability.
  • Concerns about data privacy and security could lead to regulatory scrutiny and potential fines, affecting Tencent's reputation and financial performance.
  • Fluctuations in global economic conditions and currency exchange rates may impact Tencent's international revenue streams and profitability.
  • Investors should carefully monitor Tencent's financial reports and disclosures for any signs of slowing growth or operational challenges.
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, June 2, 2024. Please send any questions or comments about these Tencent pros and cons to contact@marketbeat.com.

TCEHY Stock Analysis - Frequently Asked Questions

Should I buy or sell Tencent stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tencent in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" TCEHY shares.
View TCEHY analyst ratings
or view top-rated stocks.

What is Tencent's stock price target for 2024?

2 Wall Street analysts have issued 1 year target prices for Tencent's stock. Their TCEHY share price targets range from $46.00 to $46.00. On average, they anticipate the company's stock price to reach $46.00 in the next year. This suggests that the stock has a possible downside of 5.6%.
View analysts price targets for TCEHY
or view top-rated stocks among Wall Street analysts.

How have TCEHY shares performed in 2024?

Tencent's stock was trading at $37.79 on January 1st, 2024. Since then, TCEHY shares have increased by 28.9% and is now trading at $48.71.
View the best growth stocks for 2024 here
.

How were Tencent's earnings last quarter?

Tencent Holdings Limited (OTCMKTS:TCEHY) issued its quarterly 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 had revenue of $22.28 billion for the quarter. Tencent had a trailing twelve-month return on equity of 14.60% and a net margin of 21.20%.

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

Tencent announced an annual dividend on Thursday, April 25th. Investors of record on Monday, May 20th will be paid a dividend of $0.3839 per share on Monday, June 17th. This represents a yield of 0.88%. The ex-dividend date is Friday, May 17th. This is a boost from the stock's previous annual dividend of $0.10.
Read our dividend analysis for TCEHY
.

Is Tencent a good dividend stock?

Tencent (OTCMKTS:TCEHY) pays an annual dividend of $0.38 per share and currently has a dividend yield of 0.80%. The dividend payout ratio is 20.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TCEHY will have a dividend payout ratio of 12.18% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TCEHY.

What ETFs hold Tencent's stock?

ETFs with the largest weight of Tencent (OTCMKTS:TCEHY) stock in their portfolio include ActivePassive International Equity ETF (APIE).AAM Transformers ETF (TRFM).

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.

Does Tencent have any subsidiaries?
The following companies are subsidiares of Tencent: 10 Chambers Collective, 1C Entertainment, APKPure Inc., Beijing BIZCOM Technology Company Limited, Beijing Starsinhand Technology Company Limited, Beijing Tencent Culture Media Company Limited, Bitauto, Cat Cake, China Literature Limited, China Music Corp, Cloudary, Comsenz, Fatshark, Funcom Games, Grinding Gear Games, HUYA, Inflexion Games, Klei Entertainment, Leyou Group, Linktech Navi, Miniclip SA, Nanjing Wang Dian Technology Company Limited, Riot Games, Riot Games Inc., Sanook, Sharkmob, Shenzhen Domain Networks, Shenzhen Shiji Kaixuan Technology Company Limited, Shenzhen Tencent Culture Media Company Limited, Slamfire Inc., Stunlock Studios, Supercell, Supercell Oy, TME, Tencent Asset Management Limited, Tencent Cloud Computing (Beijing) Company Limited, Tencent Computer, Tencent Cyber (Shenzhen) Company Limited, Tencent Cyber (Tianjin) Company Limited, Tencent Technology, Tencent Technology (Beijing) Company Limited, Tencent Technology (Chengdu) Company Limited, Tencent Technology (Shanghai) Company Limited, Tencent Technology (Wuhan) Company Limited, Tequila Works, Turtle Rock Studios, Wake Up Interactive Ltd., Yager Development GmbH, Zam, and iFlix.
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This page (OTCMKTS:TCEHY) was last updated on 6/19/2024 by MarketBeat.com Staff

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