At the time of writing, Tencent Music Entertainment Group ADR [TME] stock is trading at $16.62, up 1.59%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The TME shares have gain 18.04% over the last week, with a monthly amount glided 34.79%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Tencent Music Entertainment Group ADR [NYSE: TME] stock has seen the most recent analyst activity on March 26, 2025, when Deutsche Bank upgraded its rating to a Buy. Previously, Morgan Stanley upgraded its rating to Overweight on January 21, 2025. On November 06, 2024, Barclays initiated with a Overweight rating and assigned a price target of $16 on the stock. Bernstein started tracking the stock assigning a Outperform rating and suggested a price target of $14 on November 04, 2024. Morgan Stanley downgraded its rating to a Equal-Weight but $13 remained the price target by the analyst firm on September 25, 2024. Daiwa Securities downgraded its rating to Neutral for this stock on August 13, 2024. In a note dated March 20, 2024, Goldman upgraded an Buy rating on this stock but restated the target price of $14.
For the past year, the stock price of Tencent Music Entertainment Group ADR fluctuated between $9.41 and $17.05. Currently, Wall Street analysts expect the stock to reach $14.62 within the next 12 months. Tencent Music Entertainment Group ADR [NYSE: TME] shares were valued at $16.62 at the most recent close of the market. An investor can expect a potential drop of -12.03% based on the average TME price forecast.
Analyzing the TME fundamentals
According to Tencent Music Entertainment Group ADR [NYSE:TME], the company’s sales were 4.02B for trailing twelve months, which represents an 7.37% jump. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at 0.4%, Pretax Profit Margin comes in at 0.4%, and Net Profit Margin reading is 0.33%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.14 and Total Capital is 0.15. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.08.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 16.53 points at the first support level, and at 16.43 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.80, and for the 2nd resistance point, it is at 16.97.
Ratios To Look Out For
It is important to note that Tencent Music Entertainment Group ADR [NYSE:TME] has a current ratio of 1.83. In addition, the Quick Ratio stands at 1.83 and the Cash Ratio stands at 0.65. Considering the valuation of this stock, the price to sales ratio is 2.90, the price to book ratio is 2.26 and price to earnings (TTM) ratio is 19.67.
Transactions by insiders
Recent insider trading involved PAN TSAI-CHUN, Officer, that happened on Mar 31 ’25 when 1.04 million shares were purchased.
