NetEase (NTES) Is Up 0.14% in One Week: What You Should Know

Company Overview - NetEase (NTES) currently holds a Momentum Style Score of B, indicating a positive momentum outlook [3] - The company has a Zacks Rank of 1 (Strong Buy), suggesting strong potential for outperformance in the market [4] Price Performance - NTES shares have increased by 0.14% over the past week, while the Zacks Internet - Software and Services industry has decreased by 0.54% during the same period [6] - Over the last month, NTES has shown a price change of 13.12%, significantly outperforming the industry average of 3.1% [6] - In the last quarter, NTES shares have risen by 20.09%, and over the past year, they have gained 32.35%, compared to the S&P 500's performance of -3.17% and 11.56%, respectively [7] Trading Volume - The average 20-day trading volume for NTES is 1,175,097 shares, which serves as a baseline for price-to-volume analysis [8] Earnings Outlook - In the past two months, two earnings estimates for NTES have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $7.72 to $8.42 [10] - For the next fiscal year, two estimates have also moved upwards, with no downward revisions during the same period [10] Conclusion - Given the positive price performance, strong earnings outlook, and favorable momentum indicators, NTES is positioned as a strong buy candidate for investors seeking momentum stocks [12]