Share on StockTwits

Shares of (NASDAQ:NTES) have been given an average rating of “Hold” by the eleven analysts that are covering the stock, American Banking reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $70.24.

Separately, analysts at Morgan Stanley downgraded shares of to an “overweight” rating in a research note on Thursday, February 13th. They now have a $79.00 price target on the stock, up previously from $77.00.

Shares of (NASDAQ:NTES) traded down 1.60% on Thursday, hitting $71.84. The stock had a trading volume of 82,835 shares. has a 52 week low of $49.51 and a 52 week high of $84.35. The stock’s 50-day moving average is $76.18 and its 200-day moving average is $71.66. The company has a market cap of $9.340 billion and a P/E ratio of 13.47. (NASDAQ:NTES) last announced its earnings results on Wednesday, February 12th. The company reported $1.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.42 by $0.15. The company had revenue of $427.00 million for the quarter, compared to the consensus estimate of $407.79 million. During the same quarter in the previous year, the company posted $1.23 earnings per share. The company’s revenue for the quarter was up 14.3% on a year-over-year basis. Analysts expect that will post $5.94 EPS for the current fiscal year.

The company also recently declared a special dividend, which is scheduled for Friday, March 7th. Investors of record on Wednesday, February 26th will be given a dividend of $1.41 per share. The ex-dividend date of this dividend is Monday, February 24th.

NetEase, Inc is a holding company. The Company is an Internet technology company. The Company provides its Internet and wireless value-added applications, services and technologies and advertising services to Guangzhou NetEase and Guangyitong Advertising and they operate the NetEase Websites and the online advertising business.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.