In last trading session, Tencent Music Entertainment Group ADR (NYSE:TME) saw 4.57 million shares changing hands with its beta currently measuring 0.48. Company’s recent per share price level of $21.44 trading at $0.15 or 0.70% at ring of the bell on the day assigns it a market valuation of $15.00B. That closing price of TME’s stock is at a discount of -0.56% from its 52-week high price of $21.56 and is indicating a premium of 56.11% from its 52-week low price of $9.41. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.59 million shares which gives us an average trading volume of 6.68 million if we extend that period to 3-months.
For Tencent Music Entertainment Group ADR (TME), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.43. Splitting up the data highlights that, out of 10 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 8 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Tencent Music Entertainment Group ADR (NYSE:TME) trade information
Upright in the green during last session for gaining 0.70%, in the last five days TME remained trading in the green while hitting it’s week-highest on Wednesday, 07/16/25 when the stock touched $21.44 price level, adding 0.92% to its value on the day. Tencent Music Entertainment Group ADR’s shares saw a change of 41.71% in year-to-date performance and have moved 5.36% in past 5-day. Tencent Music Entertainment Group ADR (NYSE:TME) showed a performance of 16.40% in past 30-days. Number of shares sold short was 22.6 million shares which calculate 2.84 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 26.2 to the stock, which implies a rise of 18.17% to its current value. Analysts have been projecting 26.2 as a low price target for the stock while placing it at a high target of 26.2. It follows that stock’s current price would drop -22.2% in reaching the projected high whereas dropping to the targeted low would mean a loss of -22.2% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 11.19% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 48.92% while estimates for its earnings growth in next 5 years are of 20.20%.
Tencent Music Entertainment Group ADR (NYSE:TME)’s Major holders
Investors also watch the number of corporate investors in a company very closely, which is 76.76% institutions for Tencent Music Entertainment Group ADR that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at TME for having 31.29 million shares of worth $439.57 million. And as of 2024-06-30, it was holding 2.0266 of the company’s outstanding shares.
The second largest institutional holder is INVESCO LTD., which was holding about 26.56 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.7204 of outstanding shares, having a total worth of $373.16 million.
On the other hand, Krane Shares Trust-KraneShares CSI China Internet ETF and New World Fund Inc are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 22.28 shares of worth $477.76 million or 2.60% of the total outstanding shares. The later fund manager was in possession of 14.84 shares on Apr 30, 2025 , making its stake of worth around $318.08 million in the company or a holder of 1.73% of company’s stock.
