My Portfolio
My Watchlists
Profile & Performance
Smart Portfolio
Find & Follow Experts
Top Lists
Top Experts
Make Better, Data Driven Investment Decisions
TipRanks tools are all you need to make data-driven investment decisions. Conduct comprehensive stock research, find new investment ideas, analyze your portfolio, and follow the best-performing Wall Street experts, with ease.
About Us
Plans & Pricing
Tencent Music Entertainment Group (TME)
NYSE:TME
TMETencent Music Entertainment Group
$7.44

Tencent Music Entertainment Group Stock Analysis & Ratings

Tencent Music Entertainment Group Stock Analysis Overview

Smart Score
2
Underperform
1
2
3
4
5
6
7
8
9
10
Learn more about TipRanks Smart Score
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.

Stock Chart

TME

TME Stock Stats

Previous Close$7.44
Open$0
Bid7.33 x 80
Ask7.36 x 120
Today’s Range$0 - $0
52-Week Range$7.03 - $32.25
Volume59.07K
Average Volume16.80M
Market Cap$12.59B
Beta1.01
P/E Ratio42.4
EPS0.34
Earnings DateNov 16, 2021

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.
Sector
Technology
Industry
Interactive Media
CEO
Kar Shun Cussion Pang
Employees
4,769
ISIN
US88034P1093
Address
Kejizhongyi Road, Shenzhen, 518057, CN

Financials


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.

Tencent Music Entertainment Group News


TME FAQ

What was Tencent Music Entertainment Group’s price range in the past 12 months?
Tencent Music Entertainment Group lowest stock price was $7.03 and its highest was $32.25 in the past 12 months.
    What is Tencent Music Entertainment Group’s market cap?
    Tencent Music Entertainment Group’s market cap is $12.59B.
      What is Tencent Music Entertainment Group’s price target?
      The average price target for Tencent Music Entertainment Group is $13.81. This is based on 11 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
      The highest analyst price target is $24.00 ,the lowest forecast is $5.10. The average price target represents 85.62% Increase from the current price of $7.44.
        What do analysts say about Tencent Music Entertainment Group?
        Tencent Music Entertainment Group’s analyst rating consensus is a ‘Moderate Buy. This is based on the ratings of 11 Wall Streets Analysts.
          When is Tencent Music Entertainment Group’s upcoming earnings report date?
          Tencent Music Entertainment Group’s upcoming earnings report date is Nov 16, 2021 which is in 2 months.
            How were Tencent Music Entertainment Group’s earnings last quarter?
            Tencent Music Entertainment Group released its earnings results on Aug 16, 2021. The company reported $0.077 earnings per share for the quarter, missing the consensus estimate of $0.086 by -$0.009.
              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 for its next earnings report is not yet available.
                How many shares outstanding does Tencent Music Entertainment Group have?
                Tencent Music Entertainment Group has 1,690,000,000 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 $0.077 in its last earnings report, missing expectations of $0.086. Following the earnings report the stock price went down -20.204%.
                    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 Sands Capital Management LLC. It holds Tencent Music Entertainment Group’s shares valued at 168M.

                      What's Included in PREMIUM?
                      Make informed decisions based on Top Analysts' activity
                      Know what industry insiders are buying
                      Get actionable alerts from top Wall Street Analysts
                      Find out before anyone else which stock is going to shoot up
                      Get powerful stock screeners & detailed portfolio analysis