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TME

Tencent Music Entertainment Group ADR

Apr 30 • 04:00PM ET

12.55

Dollar change -0.35
Percentage change -2.71	%

Communication Services • Internet Content & Information • China • NYSE

Stock Detail • Compare Perf. • Revenue • Options Chain • Save to Portfolio • Create Alert

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Index	-	P/E	28.38	EPS (ttm)	0.44	Insider Own	1.02%	Shs Outstand	699.71M	Perf Week	1.87%
Market Cap	8.78B	Forward P/E	19.35	EPS next Y	0.65	Insider Trans	0.00%	Shs Float	692.54M	Perf Month	12.86%
Income	694.53M	PEG	1.91	EPS next Q	0.13	Inst Own	61.61%	Short Float	3.33%	Perf Quarter	38.67%
Sales	3.92B	P/S	2.24	EPS this Y	27.05%	Inst Trans	-1.64%	Short Ratio	2.83	Perf Half Y	76.02%
Book/sh	11.27	P/B	1.11	EPS next Y	18.87%	ROA	6.84%	Short Interest	23.07M	Perf Year	69.37%
Cash/sh	4.75	P/C	2.64	EPS next 5Y	14.89%	ROE	9.38%	52W Range	5.70 - 12.93	Perf YTD	39.29%
Dividend Est.	-	P/FCF	-	EPS past 5Y	19.83%	ROI	7.97%	52W High	-2.94%	Beta	0.78
Dividend TTM	-	Quick Ratio	2.49	Sales past 5Y	7.54%	Gross Margin	37.61%	52W Low	120.18%	ATR (14)	0.39
Dividend Ex-Date	-	Current Ratio	2.49	EPS Y/Y TTM	31.17%	Oper. Margin	17.19%	RSI (14)	64.28	Volatility	2.46% 2.99%
Employees	5185	Debt/Eq	0.11	Sales Y/Y TTM	-6.82%	Profit Margin	17.71%	Recom	1.41	Target Price	12.91
Option/Short	Yes / Yes	LT Debt/Eq	0.11	EPS Q/Q	16.16%	Payout	0.00%	Rel Volume	0.92	Prev Close	12.90
Sales Surprise	2.68%	EPS Surprise	-8.33%	Sales Q/Q	-8.61%	Earnings	May 13 BMO	Avg Volume	8.15M	Price	12.55
SMA20	6.41%	SMA50	13.69%	SMA200	48.23%	Trades		Volume	7,496,691	Change	-2.71%

Date	Action	Analyst	Rating Change	Price Target Change
Mar-20-24	Upgrade	Goldman	Neutral → Buy	$14
Mar-20-24	Upgrade	Citigroup	Neutral → Buy	$9 → $13
Feb-05-24	Initiated	Redburn Atlantic	Buy	$12
Feb-05-24	Initiated	CLSA	Outperform	$10.50
Jan-24-24	Upgrade	UBS	Neutral → Buy	$10.50
Nov-16-23	Upgrade	JP Morgan	Neutral → Overweight
Jul-31-23	Downgrade	Citigroup	Buy → Neutral	$9.70 → $7.50
Jul-26-23	Downgrade	JP Morgan	Overweight → Neutral	$7.50
May-17-23	Upgrade	Macquarie	Underperform → Neutral	$5.10 → $7.40
May-17-23	Upgrade	Citigroup	Neutral → Buy	$9.70
May-17-23	Upgrade	China Renaissance	Hold → Buy	$10.60
Apr-24-23	Initiated	Mizuho	Buy	$10
Jan-30-23	Initiated	JP Morgan	Overweight
Jan-13-23	Initiated	Daiwa Securities	Buy
Jan-09-23	Upgrade	Goldman	Sell → Neutral	$8
Dec-01-22	Upgrade	Morgan Stanley	Equal-Weight → Overweight	$4.50 → $8.50
Nov-21-22	Upgrade	JP Morgan	Neutral → Overweight
Nov-16-22	Upgrade	The Benchmark Company	Hold → Buy	$7
Apr-11-22	Resumed	Goldman	Sell	$5.60
Feb-18-22	Downgrade	Goldman	Neutral → Sell	$7.70 → $5.70

Show Previous Ratings

Apr-18-24 04:50PM	Tencent Music Entertainment Group Filed 2023 Annual Report on Form 20-F (PR Newswire)
Apr-15-24 06:00AM	Tencent Music Entertainment Group to Report First Quarter 2024 Financial Results on May 13, 2024 (PR Newswire)
Apr-03-24 09:31AM	Tencent Music Entertainment Group (NYSE:TME) Q4 2023 Earnings Call Transcript (Insider Monkey)
Mar-22-24 12:00AM	Tencent Music Entertainment Group Announces Senior Management Changes (PR Newswire)
Mar-20-24 06:42PM	Analyst Report: Tencent Music Entertainment Group (Morningstar Research) +5.89%
12:36PM	Loading…
12:36PM	Tencent Music Hit All The Right Notes With Its Latest Quarterly Report (Benzinga)
09:57AM	Wells Fargo downgraded, Best Buy upgraded: Wall Street's top analyst calls (The Fly)
02:43AM	Q4 2023 Tencent Music Entertainment Group Earnings Call (Thomson Reuters StreetEvents)
Mar-19-24 05:18AM	REFILE-UPDATE 2-Tencent Music beats quarterly revenue estimates (March 19) (Reuters) +6.36%
05:07AM	Tencent Music beats quarterly revenue estimates (Reuters)
05:00AM	Tencent Music Entertainment Group Announces Fourth Quarter and Full-Year 2023 Unaudited Financial Results (PR Newswire)
Mar-18-24 04:36PM	Fed's FOMC meeting, housing data, earnings: What to Watch (Yahoo Finance Video)
Mar-08-24 06:46PM	Analyst Report: Tencent Music Entertainment Group (Morningstar Research)
03:12PM	The Top 7 Under-$10 Stocks to Buy in March 2024 (InvestorPlace)
12:43PM	German Bank Stock Hits A High At Key Level; Tencent Music Rebounds To New High (Investor's Business Daily)
06:50PM	Loading…
Mar-05-24 06:50PM	Analyst Report: Tencent Music Entertainment Group (Morningstar Research) -6.15%
Feb-26-24 06:50PM	Analyst Report: Tencent Music Entertainment Group (Morningstar Research)
Feb-20-24 05:00AM	Tencent Music Entertainment Group to Report Fourth Quarter and Full Year 2023 Financial Results on March 19, 2024 (PR Newswire)
Feb-19-24 03:15AM	Big Pension Bought Up NYCB Stock Right Before It Tumbled (Barrons.com)
Feb-17-24 07:04AM	25 Most Valuable Entertainment Companies in the World (Insider Monkey)
Jan-25-24 09:00PM	TME Chart 2023 Year-End Charts Officially Unveiled, Featuring Notable Artists including Joker Xue, Zhou Shen and Tia Ray (PR Newswire)
Jan-12-24 02:43PM	3 Stocks to Bet on for the Future of Streaming (InvestorPlace)
Jan-03-24 04:00AM	Tencent Music Entertainment Group and Universal Music Group Extend Multi-year Strategic Licensing Agreement (PR Newswire)
Dec-21-23 04:27PM	15 Stocks That Will Make You Rich in 5 Years According to ChatGPT (Insider Monkey)
Dec-12-23 09:35AM	Tencent Music Entertainment Group Sponsored ADR (TME) Just Overtook the 20-Day Moving Average (Zacks) +6.68%
Dec-08-23 09:19AM	21 Most Valuable Media Companies In The World (Insider Monkey)
Dec-04-23 09:55AM	Tencent Music Entertainment Group Sponsored ADR (TME) Just Flashed Golden Cross Signal: Do You Buy? (Zacks)
Nov-30-23 11:00PM	Tencent Music Entertainment Group Announces Management Change (PR Newswire)
Nov-27-23 12:51PM	3 Music Streaming Stocks Set to Hit the Right Notes in 2024 (InvestorPlace)
Nov-21-23 11:08AM	Tencent's Business Is Thriving And It Has Taken Precautions Against The U.S. Chip Export Curbs (Benzinga)
02:01AM	Loading…
Nov-16-23 02:01AM	Target upgraded following Q3 beat, Intel raised to Buy: 4 big analyst picks (Investing.com)
Nov-15-23 11:51AM	Tencent Music Entertainment Group (NYSE:TME) Q3 2023 Earnings Call Transcript (Insider Monkey) +7.70%
10:19AM	Analyst Report: Tencent Music Entertainment Group (Morningstar Research)
02:27AM	Q3 2023 Tencent Music Entertainment Group Earnings Call (Thomson Reuters StreetEvents)
Nov-14-23 04:24AM	UPDATE 3-Tencent Music beats revenue estimates despite China gambling hit (Reuters)
04:15AM	Tencent Music beats revenue estimates despite China gambling hit (Reuters)
04:06AM	CORRECTED-China's Tencent Music tops quarterly revenue estimates (Reuters)
04:00AM	Tencent Music Entertainment Group Announces Third Quarter 2023 Unaudited Financial Results (PR Newswire)
Nov-13-23 07:11PM	11 Cheap Chinese Stocks to Buy Right Now (Insider Monkey)
Oct-23-23 11:40AM	TME vs. RELX: Which Stock Is the Better Value Option? (Zacks)
Oct-16-23 06:00AM	Tencent Music Entertainment Group to Report Third Quarter 2023 Financial Results on November 14, 2023 (PR Newswire) +5.95%
Sep-28-23 03:34AM	Analyst Report: Tencent Music Entertainment Group (Morningstar Research)
Sep-22-23 11:38AM	Unveiling Tencent Music Entertainment Group's Value: Is It Really Priced Right? A Comprehensive ... (GuruFocus.com)
Sep-20-23 01:16PM	Grab These 7 Winning Tech Stocks on Sale Now (InvestorPlace)
Aug-25-23 08:32AM	Implied Volatility Surging for Tencent Music (TME) Stock Options (Zacks)
04:14AM	China online platforms scrap lucky draw features amid gambling crackdown (Reuters)
Aug-24-23 10:05AM	2 Stocks to Buy Before They Take Off (Motley Fool)
Aug-17-23 03:38PM	Why Tencent Music Entertainment Stock Was Up This Week (Motley Fool) +5.78%
Aug-16-23 01:07AM	Q2 2023 Tencent Music Entertainment Group Earnings Call (Thomson Reuters StreetEvents)
Aug-15-23 11:52PM	Analyst Report: Tencent Music Entertainment Group (Morningstar Research)
10:17AM	This Spotify Rival From China Just Saw Its MAUs Dip in Q2, Stock Slides (Benzinga)
08:59AM	Midday movers: Home Depot, Tesla, General Motors and more (Investing.com)
05:11AM	UPDATE 5-Tencent Music's quarterly revenue rises but warns of decline ahead (Reuters)
05:09AM	Tencent Music's quarterly revenue rises but warns of decline ahead (Reuters)
05:03AM	China's Tencent Music posts quarterly revenue in line with estimates (Reuters)
05:00AM	Tencent Music Entertainment Group Announces Second Quarter 2023 Unaudited Financial Results (PR Newswire)
Jul-17-23 06:00AM	Tencent Music Entertainment Group to Report Second Quarter 2023 Financial Results on August 15, 2023 (PR Newswire)
12:13AM	Tencent Music Entertainment Group Announces Senior Management Change (PR Newswire)
Jul-12-23 04:29AM	Best Value Stocks to Buy for July 12th (Zacks)
Jul-11-23 11:40AM	TME or RELX: Which Is the Better Value Stock Right Now? (Zacks)
09:40AM	Are Investors Undervaluing Perion Network (PERI) Right Now? (Zacks)
Jul-07-23 09:39AM	The Zacks Analyst Blog Highlights eGain, Vipshop, Tencent Music Entertainment Group, Zuora and Snap (Zacks)
Jul-06-23 11:48PM	UPDATE 2-US starts new round of audit inspections on China firms - source (Reuters)
10:27PM	US renews audit inspection of China firms - Bloomberg News (Reuters)
10:24AM	5 Top-Ranked Tech Stocks Under $20 That Promise Gains in 2H23 (Zacks)
08:32AM	Implied Volatility Surging for Tencent Music (TME) Stock Options (Zacks)
Jul-03-23 09:40AM	Should Value Investors Buy DHI Group (DHX) Stock? (Zacks)
Jun-30-23 06:05AM	Tencent Music Entertainment Group Announces Poll Results of the 2023 Annual General Meeting (PR Newswire)
Jun-22-23 11:40AM	TME vs. RELX: Which Stock Is the Better Value Option? (Zacks)
Jun-11-23 07:39AM	Top Communications Stocks for June 2023 (Investopedia)
Jun-07-23 12:20PM	Earnings Estimates Moving Higher for Tencent Music Entertainment Group Sponsored ADR (TME): Time to Buy? (Zacks)
Jun-06-23 11:40AM	TME vs. RELX: Which Stock Should Value Investors Buy Now? (Zacks)
Jun-02-23 08:38AM	Is the Options Market Predicting a Spike in Tencent Music (TME) Stock? (Zacks)
May-31-23 04:49PM	10 Most Undervalued Hong Kong Stocks To Buy According To Hedge Funds (Insider Monkey)
May-30-23 09:55AM	Does Tencent Music Entertainment Group Sponsored ADR (TME) Have the Potential to Rally 34.59% as Wall Street Analysts Expect? (Zacks) -6.49%
May-29-23 06:31PM	7 Stocks Under $50 to Buy (and Never Sell) (InvestorPlace)
May-26-23 12:00PM	What Makes Tencent Music Entertainment Group Sponsored ADR (TME) a New Buy Stock (Zacks)
May-23-23 05:56AM	UPDATE 1-South Korea's HYBE signs deal with China's Tencent Music (Reuters)
04:40AM	South Korea's HYBE signs deal with China's Tencent Music (Reuters)
May-22-23 06:30AM	7 Top-Rated Stocks to Buy With Strong Momentum (InvestorPlace)
06:00AM	Tencent Music Entertainment Group to Hold Annual General Meeting on June 30, 2023 (PR Newswire)
May-18-23 11:40AM	TME vs. RELX: Which Stock Is the Better Value Option? (Zacks)
01:31AM	4 big analyst picks: Snap gets a fresh upgrade; a big day for Tencent Music (Investing.com)
May-17-23 02:46AM	Analyst Report: Tencent Music Entertainment Group (Morningstar Research) +8.34%
01:52AM	Q1 2023 Tencent Music Entertainment Group Earnings Presentation (Thomson Reuters StreetEvents)
May-16-23 11:14AM	Tencent Music Entertainment Stock Is Falling After Q1 Earnings: Here's Why (Benzinga)
05:15AM	China's Tencent Music revenue beats estimates on jump in paying users (Reuters)
05:00AM	Tencent Music Entertainment Group Announces First Quarter 2023 Unaudited Financial Results (PR Newswire)
May-05-23 01:57PM	Artificial Intelligence Engine Predicts TME Stock to Gain 3% by June 2 (InvestorPlace)
May-02-23 11:40AM	TME or ABNB: Which Is the Better Value Stock Right Now? (Zacks)
Apr-25-23 05:00PM	Tencent Music Entertainment Group Filed 2022 Annual Report on Form 20-F (PR Newswire)
Apr-17-23 06:00AM	Tencent Music Entertainment Group to Report First Quarter 2023 Financial Results on May 16, 2023 (PR Newswire) +5.66%
Apr-13-23 11:40AM	TME vs. RELX: Which Stock Is the Better Value Option? (Zacks)
06:44AM	10 Best Music Stocks to Buy Now (Insider Monkey)
Apr-04-23 02:57PM	Top Communications Stocks for April 2023 (Investopedia)
07:45AM	Heres Why Tencent Music Entertainment Group (TME) Outperformed in Q4 (Insider Monkey)
Mar-29-23 09:35AM	Tencent Music Entertainment Group Sponsored ADR (TME) Recently Broke Out Above the 20-Day Moving Average (Zacks)
Mar-27-23 11:40AM	TME vs. RELX: Which Stock Is the Better Value Option? (Zacks)
Mar-24-23 06:24AM	Tencent Music Entertainment Group (NYSE:TME) Q4 2022 Earnings Call Transcript (Insider Monkey)
Mar-22-23 05:04AM	Analyst Report: Tencent Music Entertainment Group (Morningstar Research)

Tencent Music Entertainment Group engages in the business of operating online music entertainment platforms to provide music streaming, online karaoke, and live streaming services. Its product brands include QQ Music, Kugou Music, Kuwo Music, and WeSing. The company was founded on June 6, 2012 and is headquartered in Shenzhen, China.

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TME

Tencent Music Entertainment Group ADR

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