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Tencent Music Entertainment Group (TME)

(Delayed Data from NYSE)

$12.62 USD

12.62
10,522,178

-0.67 (-5.04%)

Updated Aug 2, 2024 04:00 PM ET

After-Market: $12.62 0.00 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

C Value B Growth A Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 39% (153 out of 251)

Industry: Internet - Content

Better trading starts here.

Zacks News

TME vs. ABNB: Which Stock Is the Better Value Option?

TME vs. ABNB: Which Stock Is the Better Value Option?

Zacks.com featured highlights include Signet Jewelers, Suzano S.A., Tencent Music Entertainment Group, Banco do Brasil S.A. and Core & Main

Signet Jewelers, Suzano S.A., Tencent Music Entertainment Group, Banco do Brasil S.A. and Core & Main are part of the Zacks Screen of the Week article.

Urmimala Biswas headshot

5 Discounted PEG Stocks Ideal for GARP Investors

Here are five stocks, SIG, SUZ, TME, BDORY and CNM that match our screening criteria.

Zacks Investment Ideas feature highlights: Tencent Music Entertainment Group, MongoDB and DocuSign

Tencent Music Entertainment Group, MongoDB and DocuSign are part of the Zacks Investment Ideas article.

Derek Lewis headshot

3 Stocks Not Cooling Down in December

While many stocks have struggled to gain traction during December, all three of these have entirely ignored the market's cold landscape.

Anindya Barman headshot

4 Promising Chinese Stocks to Buy for 2023

We have picked China stocks Pinduoduo (PDD), China Automotive Systems (CAAS), TAL Education Group (TAL) and Tencent Music Entertainment (TME) that hold promise for investors in 2023.

Can Tencent Music Entertainment Group Sponsored ADR (TME) Run Higher on Rising Earnings Estimates?

Tencent Music Entertainment Group Sponsored ADR (TME) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

All You Need to Know About Tencent Music Entertainment Group Sponsored ADR (TME) Rating Upgrade to Buy

Tencent Music Entertainment Group Sponsored ADR (TME) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

TME vs. ABNB: Which Stock Should Value Investors Buy Now?

TME vs. ABNB: Which Stock Is the Better Value Option?

Douglas Dynamics and Fresenius Medical have been highlighted as Zacks Bull and Bear of the Day

Douglas Dynamics and Fresenius Medical have been highlighted as Zacks Bull and Bear of the Day.

Why Tencent Music Entertainment (TME) Might Surprise This Earnings Season

Tencent Music Entertainment (TME) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

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4 Stocks to Buy Ahead of Earnings Releases Next Week

We have chosen four companies that will report third-quarter earnings results next week. These are: HP, STNE, TME and ROST.

Ziff Davis (ZD) Q3 Earnings Meet Estimates, Revenues Fall Y/Y

Ziff Davis' (ZD) third-quarter results are affected by current global supply-chain constraints and inflation, which weighed on clients' advertising budgets.

Coupang (CPNG) to Report Q3 Earnings: What's in the Cards?

Coupang's (CPNG) third-quarter results are expected to reflect strength in its e-commerce business and the momentum across Rocket Delivery.

What's in Store for ContextLogic (WISH) in Q3 Earnings?

ContextLogic's (WISH) third-quarter results are expected to reflect the merchant program strength and benefits of rebranding efforts despite weak momentum across the marketplace business.

Groupon (GRPN) Q3 Loss Wider Than Expected, Revenues Down Y/Y

Groupon (GRPN) revenues decline in the third quarter due to a falling customer base and service revenues.

WESCO's (WCC) Q3 Earnings Beat Estimates, Sales Rise Y/Y

WESCO's (WCC) third-quarter results reflect strong momentum across all business units.

Jack Henry (JKHY) to Report Q1 Earnings: What's in the Cards?

Jack Henry's (JKHY) first-quarter fiscal 2023 results are likely to reflect the growing adoption of Banno digital platform and cloud processing solution.

Roblox (RBLX) to Report Q3 Earnings: What's in the Cards?

Roblox's (RBLX) third-quarter 2022 performance is expected to have benefited from growth in engagement hours and daily active users.

Digital Turbine (APPS) to Post Q2 Earnings: What's in Store?

Digital Turbine's (APPS) second-quarter earnings are expected to have been negatively impacted by rising macroeconomic challenges like inflation, which is hurting its ad revenue business segment.

Unity Software (U) to Post Q3 Earnings: What's in the Cards?

Unity Software's (U) Q3 performance is expected to have gained from steady demand for its software solutions boosted by an expanding client base and product portfolio.

What's in the Cards for Blink Charging's (BLNK) Q3 Earnings?

Blink Charging's (BLNK) third-quarter 2022 earnings are expected to have benefited from improving demands for EVs due to rising growing awareness about lowering carbon footprint to counter global warming.

Perion Network (PERI) to Post Q3 Earnings: What to Expect

Perion Network (PERI) third-quarter 2022 performance is expected to have benefited from the company's strategy to diversify its revenue source.