Headlines about NetEase (NASDAQ:NTES) have trended somewhat positive this week, according to Accern. The research group identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. NetEase earned a coverage optimism score of 0.17 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 46.1445346363113 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the news articles that may have impacted Accern’s scoring:

Shares of NetEase (NASDAQ:NTES) traded up $23.26 during mid-day trading on Monday, hitting $344.77. The company’s stock had a trading volume of 1,770,863 shares, compared to its average volume of 1,301,594. The firm has a market cap of $42,471.79, a P/E ratio of 21.41, a PEG ratio of 1.80 and a beta of 0.93. NetEase has a 52-week low of $211.11 and a 52-week high of $375.10.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 8th. Shareholders of record on Friday, December 1st were issued a $0.717 dividend. This represents a $2.87 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date was Thursday, November 30th. NetEase’s dividend payout ratio is presently 25.09%.

NetEase announced that its Board of Directors has authorized a share buyback plan on Wednesday, November 15th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the technology company to buy shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

NTES has been the topic of several research reports. Zacks Investment Research downgraded NetEase from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 16th. BidaskClub downgraded NetEase from a “buy” rating to a “hold” rating in a research report on Wednesday, August 16th. ValuEngine downgraded NetEase from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Vetr downgraded NetEase from a “strong-buy” rating to a “buy” rating and set a $327.04 price target on the stock. in a research report on Monday, September 18th. Finally, Jefferies Group downgraded NetEase from a “buy” rating to a “hold” rating and reduced their price target for the stock from $330.00 to $290.00 in a research report on Tuesday, October 3rd. Four equities research analysts have rated the stock with a sell rating, seven have given a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. NetEase has an average rating of “Hold” and a consensus price target of $326.95.

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About NetEase

NetEase, Inc (NetEase) is a technology company. The Company operates an interactive online community in China and is a provider of Chinese language content and services through its online games, Internet media, e-mail, e-commerce and other businesses. The Company operates through three segments: Online Game Services; Advertising Services, and E-mail, E-commerce and Others.

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