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Tencent Music Enter Gr

Q: What sector and industry does Tencent Music Enter Gr (TME) operate in?

Tencent Music Enter Gr is in the Communication Services sector and Entertainment industry. They are listed on the NYSE.

TMENYSE

Tencent Music Enter Gr (TME) Forecast

News Earnings Tencent Music Enter Gr (TME) Options Guidance Dividends Analyst Ratings Insider Trades Government Trades Short Interest

Overview Rating

Speculative

Technicals Analysis

0100

Financials Analysis

0100

Tencent Music Enter Gr (NYSE:TME) Stock Quotes, Forecast and News Summary

Tencent Music Enter Gr Stock (NYSE: TME) stock price, news, charts, stock research, profile.

Open	$11.33
Close	-
Volume / Avg.	1.54M / 9.10M
Day Range	$11.26 - $11.48
52 Wk Range	7.93 - 15.77
Market Cap	$19.38B
P/E Ratio	23.40
Dividend Yield	1.20%
Exchange	NYSE
RSI	52
Short Interest	1.41%
Days to Cover	4.19

Recent News

Why Tencent Music Entertainment (TME) Stock Is Down 8%

Tencent Music shares fell 8.4% Tuesday afternoon. Concerns over intensifying U.S.-China relations sparked a broader selloff in Chinese equities.

Henry Khederian

Tencent Music's Q3 Revenue Tops $1 Billion, But Monthly Active Users Fall 3%, Stock Reacts

Tencent Music Entertainment Group's Q3 revenue grew 6.8% to $1.00 billion but missed analyst estimates. Online music revenue rose, but social entertainment and other services declined. MAUs for online music decreased, while paying users increased. Gross margin and operating profit also increased. CEO emphasized growth strategy and focus on quality.

Anusuya Lahiri

This Tencent Music Entertainment Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Monday

Avi Kapoor

Financials

Quarterly

Annual

Name

Revenue Change
Gross Change
EBITDA Change
EBIT Change
Earnings Change

Analyst Trends and Forecast

Aug

Sep

Nov

Buy

Hold

Sell

Strong Sell

Analyst Rating and Forecast

3.7

Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Open	$11.33
Close	-
Volume / Avg.	1.54M / 9.10M
Day Range	$11.26 - $11.48
52 Wk Range	7.93 - 15.77
Market Cap	$19.38B
P/E Ratio	23.40
Dividend Yield	1.20%
Exchange	NYSE
RSI	52
Short Interest	1.41%
Days to Cover	4.19

Compare

EPS better than industry

Earnings Per Share

EPS is the portion of a company's profit allocated to each outstanding share of common stock. It is a key metric for investors to assess a company's profitability.

Earnings Per Share

EPS is the portion of a company's profit allocated to each outstanding share of common stock. It is a key metric for investors to assess a company's profitability.

EPS better than industry

FAQ

How do I buy Tencent Music Enter Gr (TME) stock?

You can purchase shares of Tencent Music Enter Gr (NYSE:TME) through any online brokerage.

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Who are Tencent Music Enter Gr (TME) competitors?

Other companies in Tencent Music Enter Gr’s space includes: Roku (NASDAQ:ROKU), Sphere Entertainment (NYSE:SPHR), Cinemark Hldgs (NYSE:CNK), Lions Gate Entertainment Corporation Class A Voting Shares (NYSE:LGF/A) and Lions Gate Entertainment Corporation Class B Non-Voting Shares (NYSE:LGF/B).

What is the forecast, or price target, for Tencent Music Enter Gr (TME) stock?

Tencent Music Enter Gr has a consensus price target of $12.01.

What is the current price for Tencent Music Enter Gr (TME)?

The stock price for Tencent Music Enter Gr (NYSE: TME) is $11.47 last updated November 21, 2024 at 11:06 AM EST.

Does Tencent Music Enter Gr (TME) pay a dividend?

There are no upcoming dividends for Tencent Music Enter Gr.

When is Tencent Music Enter Gr (NYSE:TME) reporting earnings?

Tencent Music Enter Gr’s Q3 earnings are confirmed for Tuesday, November 12, 2024.

Is Tencent Music Enter Gr (TME) going to split?

There is no upcoming split for Tencent Music Enter Gr.

What sector and industry does Tencent Music Enter Gr (TME) operate in?

Tencent Music Enter Gr is in the Communication Services sector and Entertainment industry. They are listed on the NYSE.