Tencent Music Entertainment Group ADR [NYSE: TME] plunged by -$0.65 during the normal trading session on Wednesday and reaching a high of $21.75 during the day while it closed the day at $21.1.
Tencent Music Entertainment Group ADR stock has also loss -2.18% of its value over the past 7 days. However, TME stock has inclined by 55.72% in the 3 months of the year. Over the past six months meanwhile, it has gained 79.12% and gained 49.75% year-on date.
The market cap for TME stock reached $12.16 billion, with 576.16 million shares outstanding and 571.22 million shares in the current float. Compared to the average trading volume of 6.61M shares, TME reached a trading volume of 5131633 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Tencent Music Entertainment Group ADR [TME]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TME shares is $19.24 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TME stock is a recommendation set at 1.45. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Deutsche Bank have made an estimate for Tencent Music Entertainment Group ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 26, 2025. The new note on the price target was released on January 21, 2025, representing the official price target for Tencent Music Entertainment Group ADR stock. Previously, the target price had yet another raise to $16, while Barclays analysts kept a Overweight rating on TME stock.
The Price to Book ratio for the last quarter was 2.94, with the Price to Cash per share for the same quarter was set at 6.39.
TME stock trade performance evaluation
Tencent Music Entertainment Group ADR [TME] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.18. With this latest performance, TME shares gained by 8.26% in over the last four-week period, additionally plugging by 79.12% over the last 6 months – not to mention a rise of 85.90% in the past year of trading.
Tencent Music Entertainment Group ADR [TME]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Tencent Music Entertainment Group ADR [TME] shares currently have an operating margin of 26.95% and a Gross Margin at 43.10%. Tencent Music Entertainment Group ADR’s Net Margin is presently recorded at 32.75%.
Tencent Music Entertainment Group ADR (TME) Capital Structure & Debt Analysis
According to recent financial data for Tencent Music Entertainment Group ADR. ( TME), the Return on Equity (ROE) stands at 14.37%, reflecting robust shareholder value creation. The Return on Assets (ROA) is 10.74%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Tencent Music Entertainment Group ADR’s Return on Invested Capital (ROIC) is 12.38%, showcasing its effectiveness in deploying capital for earnings.
Tencent Music Entertainment Group ADR (TME) Efficiency & Liquidity Metrics
Based on Tencent Music Entertainment Group ADR’s (TME) latest financial statements, the Debt-to-Equity Ratio is 0.08%, indicating its reliance on debt financing relative to shareholder equity.
Tencent Music Entertainment Group ADR (TME) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Tencent Music Entertainment Group ADR. (TME) effectively leverages its workforce, generating an average of $244722.59 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.83% and a Quick Ratio of 1.83%, indicating strong ability to cover short-term liabilities.
Earnings per share (EPS) analysis for Tencent Music Entertainment Group ADR [TME] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TME. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Tencent Music Entertainment Group ADR go to 19.98%.
Tencent Music Entertainment Group ADR [TME]: Institutional Ownership
There are presently around $76.82%, or 76.82% of TME stock, in the hands of institutional investors. The top three institutional holders of TME stocks are: BLACKROCK INC. with ownership of 31.29 million shares, which is approximately 2.0266%. INVESCO LTD., holding 26.56 million shares of the stock with an approximate value of $$373.16 million in TME stocks shares; and INVESCO LTD., currently with $$353.0 million in TME stock with ownership which is approximately 1.6275%.
