Posts for Ticker ‘NTES’

Top Day Trader Alerts (AMR, XLNX, ALTR, NTES, PALM, STX)

These are this morning’s top pre-market day trader alert stocks and active trader stock.  We have more detailed data and analysis on historic price, volume, and trends with a link through on each stock at VSInvestor.com:

AMR Corp. (NYSE: AMR) is holding up rather well considering it boosted its secondary offering size considerably.

Xilinx, Inc. (Nasdaq: XLNX) is soaring enough on its September guidance that it is also lifting Altera Corporation (NASDAQ: ALTR).

Netease.com, Inc. (NASDAQ: NTES) is down on a single block trade of over 437,000 shares.

Palm, Inc. (NASDAQ: PALM) is holding up rather well considering its juiced up secondary.

Seagate Technology (NASDAQ: STX) is up close to 4% on higher guidance.

You can join our open email distribution list which goes out several times per week for top day trader alerts, analyst upgrades and downgrades, IPO’s, key secondary offerings, guru investor data on Buffett and others, mergers, and more.

JON C. OGG

Top Analyst Upgrades (BCS, IDTI, JNY, NTES, POR, SQNM, TRMB, UEC)

These are some of the top pre-market analyst upgrades and positive research calls we have seen from Wall Street early this Wednesday morning:

Barclays (BCS) Raised to Overweight at HSBC.
Integrated Device Tech (IDTI) Raised to Buy at Deutsche Bank.
Jones Apparel (JNY) Raised to Buy at Lazard.
Netease.com (NTES) Started as Outperform at Bernstein.
Portland General Electric (POR) Raised to Overweight at Barclays.
Sequenom (SQNM) Started as Buy at Auriga.
Trimble Navigation (TRMB) Raised to Buy at Needham.
Uranium Energy Corp. (UEC) Raised to Sector Perform at RBC.

JON C. OGG

Top 10 Early Bird Analyst Calls (AIG, CTAS, KBW, NTES, NKE, SAY, SHW, SWK, TEVA, WFMI)

These are only some of the early bird analyst calls that we have seen in early Monday pre-market trading, but these are some of the more active stock names:

  • American International Group (NYSE: AIG) Raised to Buy at Banc of America.
  • Cintas Corp. (NASDAQ: CTAS) Raised to Equal Weight at Morgan Stanley.
  • KBW (NYSE: KBW) Cut to Market Perform at FBR.
  • NetEase (NASDAQ: NTES) Raised to Outperform at Credit Suisse.
  • Nike (NYSE: NKE) Cut to Neutral at HSBC.
  • Satyam Computer Services (NYSE: SAY) Cut to Equal Weight at Morgan Stanley; Cut to Underperform at Credit Suisse.
  • Sherwin Williams (NYSE: SHW) Cut to Sell at Goldman Sachs.
  • Stanley Works (NYSE: SWK) Cut to Hold at Deutsche Bank.
  • Teva Pharmaceutical Ind. (NASDAQ: TEVA) Raised to Buy at Deutsche bank.
  • Whole Foods Markets (NASDAQ: WFMI) Raised to Equal Weight at Morgan Stanley.

Jon C. Ogg
July 21, 2008

Netease & Sina Set To Lead Chinese Web & Tech Stocks (NTES, SINA, BIDU)

Today we’ll get to see earnings out both Sina Corp. (NASDAQ: SINA) and Netease.com Inc. (NASDAQ: NTES).

Sina Corp. (NASDAQ: SINA) estimates for the Chinese online media company from First Call are $0.33 EPS on $69.14 million in revenues.  Next quarter estimates are $0.26 EPS on $65.87 million in revenues. Estimates for fiscal 2008 are $1.49 EPS on $333.86 million in revenues.

Analysts have an average price target north of $55.00 on Sina.  Options trading looks a bit difficult to use for a prediction too, but the pricing-in range looks to be a move of $1.90 to $2.75 in either direction.  Sina’s stock currently sits right under its 50 and 200-day moving averages, which are $43.07 and $44.12 respectively. 

Sina’s shares were down less than 1% in early afternoon trading at $42.95, and Sina Corp.’s 52-week trading range is $31.19 to $59.27

Netease.com Inc. (NASDAQ: NTES) estimates for the Chinese interactive online and wireless company from First Call are $0.30 EPS on $75.9 million in revenues.  Next quarter estimates are $0.30 EPS on $76.44 million in revenues. Estimates for fiscal 2008 are $1.24 EPS on $328.46 million in revenues.

Analysts have an average price target north of $22 on Netease.  Options are a bit of a guessing game, but it looks like traders are braced for a move of up to $0.50 to $0.68 in either direction.  The chart here may play some influence as well, as its shares have just recently gotten above the $18.15 200-day moving average and the 50-day moving average is $18.75.            

Netease shares were down almost 2% in early afternoon trading at $18.34, and its 52-week trading range is $13.45 to $24.00.

Keep in mind that Baidu.com (NASDAQ: BIDU) has already reported earnings last week, and its shares are down roughly 4% since that report.  That being said, these two could still influence Chinese web and Chinese tech stocks that trade in the U.S. tomorrow.

Jon C. Ogg
February 20, 2008

Sohu.com Earnings May Guide Chinese Web Stocks (SOHU, BIDU, NTES)

On Monday evening, we’ll get to see earnings out of Sohu.com Inc. (NASDAQ: SOHU). The estimates from First Call for the Chinese online search and advertising company $55.42 million in revenues.  Estimates for fiscal 2008 appear to be $1.55 EPS on $272.55 million in revenues.

As a reminder, the company just raised guidance back in December to $0.36 to $0.38 non-GAAP EPS on revenues of $55.5 to $57.5 million, with its non-advertising revenues at $24.5 to $25.5 million.  This is also after the company stock did so well after its last earnings.

Analysts have an average price target upwards of $62. If Friday’s closing prices are any indicator and if the earnings were coming out immediately, it appears that options traders would be pricing in a move of up to $4.00 in either direction. We are a bit cautious in using that as a firm number because of the activity in web stocks on Friday.  You can bet that Baidu.com (NASDAQ: BIDU) and Netease (NASDAQ: NTES) will be watching this earnings report closely.

As Sohu is a Chinese Internet stock, this one was up big on Friday after the announcement of the largest merger of the Internet as far as total reach.

Sohu.com’s 52-week trading range is $20.94 to $64.83.

Jon C. Ogg
February 2, 2008

Netease.com, Not All Chinese Web Stocks Created Equal (NTES)

Just when you think that all Chinese Internet and communications stocks only go up, you get to see Netease.com, Inc. (NASDAQ:NTES) fall by more than 10% after an earnings report.  Third quarter profits fell to an equivalent of $0.27 EPS on revenues of $76.2 million.  First Call had analyst estimates at $0.29 EPS on $72 million in revenues.

Shares closed down 2.6% after-hours at $22.28, but shares are down over 10% at $20.00 in late after-hours.  The 52-week trading range is $13.45 to $24.00.

You can still get a peak into 24/7 Wall St.’s "Small Cap Internet Watch List" of potential Internet buyout candidates, and we even named the likely acquirers.  Of course the right circumstances would have to surface, but that is always the case.  You can also joing the public distribution list that previews certain special situation data ahead of the web site formal posts.

NetEase.com operates interactive online and wireless communities in China through online games, wireless value added services, and web portals.

Jon C. Ogg
November 7, 2007

Baidu.com Up Eight Straight Days, Can It Continue? (BIDU, SINA, SOHU, NTES)

Baidu.com, Inc. (NASDAQ:BIDU) is one of these stocks that is pretty amazing when you look at its trading activity and its volume.  BIDU stock closed up Wednesday another 2.6% at $275.95 on 11.8 million shares, which is another yearly high and more than double average daily volume.  This wouldn’t be a big day on a percentage stock move basis alone unless you look at how it has been trading of late. 

This stock has managed to close up for Eight consecutive days from its last down day on September 2, 2007 when shares closed at $213.64.  Here are the descending closing prices from before Wednesday: $268.79; $252.89; $234.88; $232.47; $230.12; $227.04; $218.10; $213.64. But compare that to dates below and this one looks amazing.  If you compare this to lows in the past months it becomes "exuberant":

  • Lowest close August: $168.89 on August 16, 2007
  • Lowest close July:       $175.04 on July 24, 2007
  • Lowest close June:      $135.64 on June 12, 2007
  • Lowest close May:        $121.35 on May 1, 2007
  • Lowest close April:       $93.523 on April 2, 2007
  • Lowest close 52-Week: $87.28 October 2006

Obviously this one has everything going for it.  It is a hot stock for sure, but it is a hot web search engine stock in the even hotter Chinese market.  The overly obvious is that one incredible quarter is being priced in.  Should we dare we mention the hype from the coming 2008 Olympics?  But what else could be coming besides that?  Obviously a stock splitcomes to mind, but what else?

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The 52-Week Low Club

Thornburg Mortgage (TMA) Mortgage company faces concerns about margins calls. Analyst downgrades. Shares halted near close. Down to $7.49 from 52-week high of $28.40.

Pulte Homes (PHM) Large home-builder. Nothing more need be said. Down to $17.16 from 52-week high of $35.56.

Gatehouse Media (GHS) Newspaper company. Can’t get a break. Down to $13.44 from 52-week high of $22.25.

Sun-Times Media (SVN) Another newspaper company. Down to $2.70 from 52-week high of $6.94.

Physicians Formula (FACE) Company has quarterly loss. Shares fall to $9.32 from 52-week high of $23.25.

Jamba (JMBA) Juice store chain has poor same-store sales. Falls to $6.49 from 52-week high of $12.25.

Netease (NTES) Chinese game company has slowing growth. Drops to $14.12 from 52-week high of $21.86.

Douglas A. McIntyre