HUYA Inc. (NYSE:HUYA) Receives $5.68 Consensus PT from Analysts

HUYA Inc. (NYSE:HUYA - Get Free Report) has been given an average recommendation of "Hold" by the eight ratings firms that are covering the firm, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $5.68.

A number of equities analysts have recently issued reports on the company. Daiwa Capital Markets downgraded HUYA from an "outperform" rating to a "neutral" rating in a research note on Tuesday, March 18th. Daiwa America downgraded HUYA from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, March 18th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Vontobel Holding Ltd. acquired a new stake in shares of HUYA in the fourth quarter valued at $140,000. E Fund Management Hong Kong Co. Ltd. purchased a new stake in HUYA during the 4th quarter worth about $371,000. WCM Investment Management LLC increased its holdings in HUYA by 4,396.5% during the 4th quarter. WCM Investment Management LLC now owns 2,854,171 shares of the company's stock worth $8,505,000 after purchasing an additional 2,790,696 shares during the period. Norges Bank purchased a new position in HUYA in the fourth quarter worth approximately $282,000. Finally, E Fund Management Co. Ltd. purchased a new position in HUYA in the fourth quarter worth approximately $371,000. 23.20% of the stock is currently owned by institutional investors and hedge funds.

HUYA Price Performance

NYSE HUYA traded up $0.07 during trading on Wednesday, hitting $3.69. 289,014 shares of the company's stock traded hands, compared to its average volume of 1,685,075. The stock has a fifty day moving average of $3.53 and a two-hundred day moving average of $3.41. The firm has a market cap of $829.98 million, a P/E ratio of -40.83 and a beta of 0.81. HUYA has a 12-month low of $2.82 and a 12-month high of $6.84.

HUYA (NYSE:HUYA - Get Free Report) last announced its earnings results on Tuesday, March 18th. The company reported $0.01 earnings per share for the quarter, missing analysts' consensus estimates of $0.04 by ($0.03). The business had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.53 billion. HUYA had a negative net margin of 2.51% and a positive return on equity of 0.30%. HUYA's revenue for the quarter was down 2.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.48 EPS. As a group, analysts expect that HUYA will post 0.16 earnings per share for the current fiscal year.

HUYA Dividend Announcement

The business also recently announced an annual dividend, which will be paid on Monday, June 30th. Stockholders of record on Tuesday, June 17th will be issued a dividend of $1.47 per share. This represents a dividend yield of 42.55%. The ex-dividend date is Tuesday, June 17th. HUYA's dividend payout ratio is currently -4,766.67%.

HUYA Company Profile

HUYA Inc, together with its subsidiaries, operates game live streaming platforms in the People's Republic of China. Its platforms enable broadcasters and viewers to interact during live streaming. The company's live streaming content also covers other entertainment content, such as talent shows, anime, outdoor activities, live chats, and other genres.