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Tencent Music Entertainment Group (TME)
NYSE:TME

Tencent Music Entertainment Group Stock Price & Analysis

1,157 Followers

TME Stock Chart & Stats

Day’s Range$0 - $0
52-Week Range$2.95 - $9.10
Previous Close$4.15
Volume9.54M
Average Volume (3M)10.16M
Market CapN/A
Enterprise ValueN/A
Total Cash (Recent Filing)$21.40B
Total Debt (Recent Filing)$5.78B
P/E Ratio16.0
Beta>-0.01
Next EarningsNov 15, 2022
Next Dividend Ex-DateN/A
Dividend YieldN/A
EPS (TTM)0.26
Shares Outstanding1,695,077,132
R-Squared0.05
Standard Deviation0.14
10 Day Avg. Volume8,112,834
30 Day Avg. Volume10,156,415
P/B Ratio4.55
P/S Ratio1.55
P/CF Ratio17.00
P/FCF Ratio124.10
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/EbitdaN/A
Price Target Upside21.93% Upside
Rating ConsensusHold
Alpha-0.02
Number of Analyst Covering5


Financials

Yearly

P/E Ratio Range

The price to earnings ratio. This is used by investors to assess a stock’s market price relative to its earnings.

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Risk Analysis

Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy

Product Monthly Users

Number of people who visit Tencent Music Entertainment Group websites
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 $2.95 and its highest was $9.10 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 15, 2022 which is in 50 days.
      How were Tencent Music Entertainment Group’s earnings last quarter?
      Tencent Music Entertainment Group released its earnings results on Aug 15, 2022. The company reported $0.078 earnings per share for the quarter, beating the consensus estimate of $0.073 by $0.005.
        Is Tencent Music Entertainment Group overvalued?
        According to Wall Street analysts Tencent Music Entertainment Group’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          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 $0.09.
            How many shares outstanding does Tencent Music Entertainment Group have?
            Tencent Music Entertainment Group has 837,507,570 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 $0.078 in its last earnings report, beating expectations of $0.073. Following the earnings report the stock price went up 2.57%.
                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 Bridgewater Associates, LP. It holds Tencent Music Entertainment Group’s shares valued at 15M.

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                  Tencent Music Entertainment Group Stock Analysis

                  Smart ScoreNeutral
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                  The Tencent Music Entertainment Group stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, data-driven rating system and does not include human intervention.
                  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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