NetEase Inc (ADR)’s Stock Is Sell After Today’s Bearish Options Activity

 NetEase Inc (ADR)'s Stock Is Sell After Today's Bearish Options Activity

In today’s session NetEase Inc (ADR) (NTES) recorded an unusually high (209) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the December, 2016 put, expecting serious NTES decrease. With 209 contracts traded and 12874 open interest for the Dec, 16 contract, it seems this is a quite bearish bet. The option with symbol: NTES161216P00200000 closed last at: $1.2 or 14.3% up. About 201,276 shares traded hands. NetEase Inc (ADR) (NASDAQ:NTES) has risen 73.49% since April 26, 2016 and is uptrending. It has outperformed by 68.23% the S&P500.

Analysts await NetEase Inc (ADR) (NASDAQ:NTES) to report earnings on February, 22. They expect $3.68 EPS, up 46.03% or $1.16 from last year’s $2.52 per share. NTES’s profit will be $498.01 million for 15.56 P/E if the $3.68 EPS becomes a reality. After $3.11 actual EPS reported by NetEase Inc (ADR) for the previous quarter, Wall Street now forecasts 18.33% EPS growth.

NetEase Inc (ADR) (NASDAQ:NTES) Ratings Coverage

Out of 13 analysts covering NetEase (NASDAQ:NTES), 10 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 77% are positive. $280 is the highest target while $145.0 is the lowest. The $201.55 average target is -11.99% below today’s ($229) stock price. NetEase has been the topic of 20 analyst reports since August 12, 2015 according to StockzIntelligence Inc. Credit Suisse maintained NetEase Inc (ADR) (NASDAQ:NTES) rating on Monday, September 21. Credit Suisse has “Outperform” rating and $164 price target. Vetr upgraded NetEase Inc (ADR) (NASDAQ:NTES) rating on Wednesday, August 12. Vetr has “Hold” rating and $148.56 price target. On Thursday, February 25 the stock rating was downgraded by Credit Agricole to “Underperform”. CLSA upgraded NetEase Inc (ADR) (NASDAQ:NTES) on Monday, October 3 to “Outperform” rating. Morgan Stanley maintained the shares of NTES in a report on Thursday, November 10 with “Overweight” rating. The rating was initiated by Nomura on Friday, January 22 with “Neutral”. Jefferies initiated the shares of NTES in a report on Thursday, September 29 with “Hold” rating. The firm has “Hold” rating by Standpoint Research given on Friday, October 16. On Wednesday, November 25 the stock rating was initiated by Goldman Sachs with “Buy”. Credit Suisse initiated NetEase Inc (ADR) (NASDAQ:NTES) on Friday, August 19 with “Neutral” rating.

According to Zacks Investment Research, “NetEase, Inc. is an Internet technology company engaged in the development of applications, services and other technologies for the Internet in China. It provides online gaming services that include in-house developed massively multi-player online role-playing games and licensed titles. NetEase also provides online advertising, community services, entertainment content, free e-mail services and micro-blogging services. The Company also offers wireless value-added services such as news and information content, matchmaking services, music and photos from the web that are sent over SMS, MMS, WAP, IVR and Color Ring-back Tone technologies. NetEase, Inc., formerly known as NetEase.com, Inc., is based in Beijing, the People’s Republic of China.”

NetEase, Inc. is a technology company. The company has a market cap of $30.99 billion. The Firm operates an interactive online community in China and is a well-known provider of Chinese language content and services through its online games, Internet media, e-mail, e-commerce and other businesses. It has a 22.67 P/E ratio. The Firm operates through three divisions: Online Game Services; Advertising Services, and E-mail, E-commerce and Others.

NTES Company Profile

NetEase, Inc. (NetEase), incorporated on July 6, 1999, is a technology company. The Firm operates an interactive online community in China and is a well-known provider of Chinese language content and services through its online games, Internet media, e-mail, e-commerce and other businesses. The Firm operates through three divisions: Online Game Services; Advertising Services, and E-mail, E-commerce and Others. The Firm is engaged in the development of applications, services and other technologies for the Internet in China.

Another recent and important NetEase Inc (ADR) (NASDAQ:NTES) news was published by Marketwatch.com which published an article titled: “/quotes/zigman/3870025/realtime” on August 12, 2009.

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