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Tencent Music Entertainment Group (TME)
NYSE:TME
RESEARCH TOOLSreports
Tencent Music Entertainment Group (TME) Stock Price & Analysis
1,219 Followers
TME Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$3.14 - $9.29
Previous Close$6.76
Volume12.14M
Average Volume (3M)7.26M
Market Cap
$5.50B
Enterprise Value-$3.13B
Total Cash (Recent Filing)$15.62B
Total Debt (Recent Filing)$5.96B
Price to Earnings (P/E)15.8
Beta1.11
Next Earnings
Nov 14, 2023EPS Estimate
$0.11Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.43
Shares Outstanding1,716,077,131
10 Day Avg. Volume6,686,167
30 Day Avg. Volume7,261,377
Standard Deviation0.18
R-Squared0.06
Alpha-0.00766
Financial Highlights & Ratios
Price to Book (P/B)0.43
Price to Sales (P/S)0.41
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue-0.23
Enterprise Value/Gross Profit-0.36
Enterprise Value/Ebitda-1.72
Forecast
1Y Price Target
$8.28Price Target Upside21.05% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Tencent Music Entertainment Group News
The FlyTencent Music rises 7.2%
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Product Insights
The estimated number of people who visited one or more of the websites owned by Tencent Music Entertainment Group
Desktop Users
Mobile Users
TME FAQ
What was Tencent Music Entertainment Group’s price range in the past 12 months?
Tencent Music Entertainment Group lowest stock price was $3.14 and its highest was $9.29 in the past 12 months.
What is Tencent Music Entertainment Group’s market cap?
Currently, no data Available
When is Tencent Music Entertainment Group’s upcoming earnings report date?
Tencent Music Entertainment Group’s upcoming earnings report date is Nov 14, 2023 which is in 26 days.
How were Tencent Music Entertainment Group’s earnings last quarter?
Tencent Music Entertainment Group released its earnings results on Aug 15, 2023. The company reported $0.112 earnings per share for the quarter, missing the consensus estimate of $0.12 by -$0.008.
Is Tencent Music Entertainment Group overvalued?
According to Wall Street analysts Tencent Music Entertainment Group’s price is currently Undervalued.
Does Tencent Music Entertainment Group pay dividends?
Tencent Music Entertainment Group does not currently pay dividends.
What is Tencent Music Entertainment Group’s EPS estimate?
Tencent Music Entertainment Group’s EPS estimate is $0.11.
How many shares outstanding does Tencent Music Entertainment Group have?
Tencent Music Entertainment Group has 883,602,500 shares outstanding.
What happened to Tencent Music Entertainment Group’s price movement after its last earnings report?
Tencent Music Entertainment Group reported an EPS of $0.112 in its last earnings report, missing expectations of $0.12. Following the earnings report the stock price went up 0.65%.
Which hedge fund is a major shareholder of Tencent Music Entertainment Group?
Among the largest hedge funds holding Tencent Music Entertainment Group’s share is Causeway Capital Management LLC. It holds Tencent Music Entertainment Group’s shares valued at 45M.
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Tencent Music Entertainment Group Stock Smart Score
Outperform
1
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4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$8.28 (21.05% Upside)
$8.28 (21.05% Upside)
Blogger Sentiment
Bullish
TME Sentiment 100%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 3.8M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.3%
Last 30 Days ▼ 2.4%
Last 30 Days ▼ 2.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
70.27%
12-Months-Change
Fundamentals
Return on Equity
9.27%
Trailing 12-Months
Asset Growth
0.72%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Tencent Music Entertainment Group
Incorporated in 2012, China-based Tencent Music Entertainment Group is an online music entertainment platform that provides music streaming, online karaoke, and live streaming services services. The company is a subsidiary of Tencent Holdings Limited.
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Top 5 ETFs holding TME
Currently, no data available
Please return soon. This page is being updated.
Up to five ETFs with an Outperform Smart Score that hold TME. The ETFs are listed according to market value of TME within the ETF
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