Should I buy or sell JOYY stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for JOYY in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" YY shares. View YY analyst ratings or view top-rated stocks .

What is JOYY's stock price target for 2024?

5 brokerages have issued 1 year price targets for JOYY's shares. Their YY share price targets range from $30.00 to $49.00. On average, they expect the company's stock price to reach $41.50 in the next twelve months. This suggests a possible upside of 10.6% from the stock's current price. View analysts price targets for YY or view top-rated stocks among Wall Street analysts .

How have YY shares performed in 2023?

JOYY's stock was trading at $31.59 at the start of the year. Since then, YY stock has increased by 18.8% and is now trading at $37.52. View the best growth stocks for 2023 here .

Are investors shorting JOYY?

JOYY saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 2,720,000 shares, a drop of 17.1% from the October 31st total of 3,280,000 shares. Based on an average daily trading volume, of 498,000 shares, the days-to-cover ratio is presently 5.5 days. Currently, 6.0% of the shares of the stock are sold short. View JOYY's Short Interest .

When is JOYY's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 20th 2024. View our YY earnings forecast .

How were JOYY's earnings last quarter?

JOYY Inc. (NASDAQ:YY) announced its quarterly earnings data on Wednesday, November, 17th. The information services provider reported $0.42 EPS for the quarter, beating analysts' consensus estimates of $0.03 by $0.39. The information services provider earned $650.55 million during the quarter. JOYY had a negative net margin of 5.28% and a positive trailing twelve-month return on equity of 4.84%. During the same period last year, the company posted $1.31 EPS.

How often does JOYY pay dividends? What is the dividend yield for JOYY?

JOYY announced a quarterly dividend on Thursday, September 7th. Investors of record on Tuesday, September 26th will be given a dividend of $0.20 per share on Friday, October 13th. This represents a $0.80 annualized dividend and a yield of 2.13%. The ex-dividend date of this dividend is Monday, September 25th. Read our dividend analysis for YY .

Is JOYY a good dividend stock?

JOYY (NASDAQ:YY) pays an annual dividend of $0.79 per share and currently has a dividend yield of 2.12%. Read our dividend analysis for YY .

What ETFs hold JOYY's stock?

ETFs with the largest weight of JOYY (NASDAQ:YY) stock in their portfolio include First Trust S-Network Streaming and Gaming ETF (BNGE) , Global X NASDAQ China Technology ETF (CHIC) , Principal Millennial Global Growth ETF (GENY) , Jacob Forward ETF (JFWD) , iShares Virtual Work and Life Multisector ETF (IWFH) , SoFi Be Your Own Boss ETF (BYOB) , SoFi Be Your Own Boss ETF (GIGE) and iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) .

What other stocks do shareholders of JOYY own?

Based on aggregate information from My MarketBeat watchlists, some companies that other JOYY investors own include CA (CA) , BlackRock (BLK) , Endologix (ELGX) , Hawkins (HWKN) , Chipotle Mexican Grill (CMG) , Athabasca Oil (ATH) , Aegean Marine Petroleum Network (ANW) , Micron Technology (MU) , Precision Drilling (PD) and NIC (EGOV) .

Who are JOYY's major shareholders?

JOYY's stock is owned by a number of institutional and retail investors. Top institutional shareholders include FMR LLC (4.37%), Acadian Asset Management LLC (2.78%), Krane Funds Advisors LLC (2.25%), Yunqi Capital Ltd (0.83%), Healthcare of Ontario Pension Plan Trust Fund (0.68%) and Legal & General Group Plc (0.53%).

How do I buy shares of JOYY?

Shares of YY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

JOYY Stock Price, News & Analysis (NASDAQ:YY)

$37.47

-0.05 (-0.13%)

(As of 12:36 PM ET)

Compare

Today's Range: $37.27
▼
$37.60
50-Day Range: $37.20
▼
$42.47
52-Week Range: $24.12
▼
$43.20

Volume: 74,372 shs
Average Volume: 549,258 shs
Market Capitalization: $2.32 billion

P/E Ratio: N/A
Dividend Yield: 2.11%
Price Target: $41.50

JOYY MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.60 Rating Score
Upside/Downside: 10.6% Upside
$41.50 Price Target
Short Interest: Healthy
5.99% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.56
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 4.78%
From $3.35 to $3.51 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.09 out of 5 stars

Computer And Technology Sector

319th out of 593 stocks

Data Processing & Preparation Industry

22nd out of 45 stocks

2.3

Analyst's Opinion

Consensus Rating
JOYY has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $41.50, JOYY has a forecasted upside of 10.6% from its current price of $37.52.
Amount of Analyst Coverage
JOYY has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
5.99% of the float of JOYY has been sold short.
Short Interest Ratio / Days to Cover
JOYY has a short interest ratio ("days to cover") of 5.5.
Change versus previous month
Short interest in JOYY has recently decreased by 17.07%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
JOYY pays a meaningful dividend of 2.12%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
JOYY does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, JOYY will have a dividend payout ratio of 22.51% next year. This indicates that JOYY will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for YY.

3.1

News and Social Media Coverage

News Sentiment
JOYY has a news sentiment score of 0.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for JOYY this week, compared to 2 articles on an average week.
Search Interest
5 people have searched for YY on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.
MarketBeat Follows
5 people have added JOYY to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, JOYY insiders have not sold or bought any company stock.
Percentage Held by Insiders
43.00% of the stock of JOYY is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 36.83% of the stock of JOYY is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for JOYY are expected to grow by 4.78% in the coming year, from $3.35 to $3.51 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of JOYY is -32.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of JOYY is -32.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
JOYY has a P/B Ratio of 0.48. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About JOYY Stock (NASDAQ:YY)

JOYY Inc., together with its subsidiaries, operates social media platforms that offer users engaging and experience across various video-based social platforms. The company operates Bigo Live, a social live streaming platform that allows users to live stream specific moments, such as showcase talents, socialize, and connect with other users worldwide; Likee, a short-form video social platform that focuses on enabling users to create short-form video; Hago, a multiuser social networking platform that provides casual games; imo, an instant messaging application with functions, including video calls and other communication tools, such as group calls, document sharing, etc.; and Shopline, a smart commerce enabler that provides an integrated omnichannel platform for merchants to create and grow brands online and reach customers. It operates in the People's Republic of China, the United States, the Great Britain, Japan, South Korea, Australia, the Middle East, Southeast Asia, and internationally. The company was formerly known as YY Inc. and changed its name to JOYY Inc. in December 2019. JOYY Inc. was founded in 2005 and is headquartered in Singapore.

YY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

YY Stock News Headlines

December 3, 2023 | americanbankingnews.com

Benchmark Reiterates "Buy" Rating for JOYY (NASDAQ:YY)

December 3, 2023 | americanbankingnews.com

JOYY (NASDAQ:YY) Stock Rating Upgraded by StockNews.com

December 7, 2023 | Edge On The Street (Ad)

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December 1, 2023 | markets.businessinsider.com

Strong Buy Rating for JOYY Inc. on Turnaround Success and Financial Health

December 1, 2023 | finance.yahoo.com

JOYY Inc. (NASDAQ:YY) Q3 2023 Earnings Call Transcript

December 1, 2023 | americanbankingnews.com

JOYY Inc. (NASDAQ:YY) Short Interest Down 17.1% in November

November 30, 2023 | msn.com

JOYY beats top and bottom line estimates; initiates Q4 outlook

November 30, 2023 | finance.yahoo.com

JOYY Reports Third Quarter 2023 Results: Profitability Sustains, BIGO Regains Revenue Growth

December 7, 2023 | Financial Alphas (Ad)

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November 29, 2023 | benzinga.com

JOYY Reports Third Quarter 2023 Unaudited Financial Results

November 28, 2023 | msn.com

JOYY Q3 2023 Earnings Preview

November 28, 2023 | benzinga.com

A Preview Of JOYY's Earnings

November 24, 2023 | benzinga.com

In-Depth Analysis: Baidu Versus Competitors In Interactive Media & Services Industry

November 23, 2023 | morningstar.com

JOYY Inc ADR YY

November 22, 2023 | finance.yahoo.com

Wall Street Analysts Believe JOYY (YY) Could Rally 26.65%: Here's is How to Trade

November 22, 2023 | finance.yahoo.com

JOYY (YY) Upgraded to Strong Buy: Here's Why

November 20, 2023 | finance.yahoo.com

JOYY to Announce Third Quarter 2023 Financial Results on November 29, 2023

November 13, 2023 | msn.com

Noah Brown Explodes For 172 Yards In Week 10 Win

November 9, 2023 | benzinga.com

Insights Into Baidu's Performance Versus Peers In Interactive Media & Services Sector

November 8, 2023 | msn.com

Legal implications of Deepfake image like that of Rashmika Mandanna and Katrina Kaif usage in India

November 7, 2023 | msn.com

CarGurus Non-GAAP EPS of $0.34 beats by $0.08, revenue of $219.4M beats by $3.43M

November 6, 2023 | msn.com

Bumble CEO stepping down: report

November 4, 2023 | msn.com

Weekly Horoscope, November 5 to November 11, 2023: Read weekly astrological predictions for all zodiac signs

November 4, 2023 | msn.com

A Look At "The Darkk Side" of AQHA World

October 11, 2023 | msn.com

Chart of the Day: JOYY- Social Media the Asian Way

October 6, 2023 | finance.yahoo.com

JOYY (YY) Valuation Analysis: A Closer Look at Its Modest Overvaluation

October 5, 2023 | au.finance.yahoo.com

JOYY Inc. (YY)

See More Headlines

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Company Calendar

Last Earnings: 11/17/2021
Ex-Dividend for 10/13 Dividend: 9/25/2023
Dividend Payable: 10/13/2023
Today: 12/07/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/20/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Data processing & preparation
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:YY
CUSIP: N/A
CIK: 1530238
Web: www.huanju.cn
Phone: 65-6351-9330
Fax: 86-20-8212-0887
Employees: 6,681
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $41.50
High Stock Price Target: $49.00
Low Stock Price Target: $30.00
Potential Upside/Downside: +10.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.60
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.15)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 11.20
P/E Growth: N/A
Net Income: $128.89 million
Net Margins: -5.28%
Pretax Margin: 11.19%
Return on Equity: 4.84%
Return on Assets: 2.94%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.37
Quick Ratio: 1.37

Sales & Book Value

Annual Sales: $2.41 billion
Price / Sales: 0.96
Cash Flow: $4.75 per share
Price / Cash Flow: 7.90
Book Value: $77.71 per share
Price / Book: 0.48

Miscellaneous

Outstanding Shares: 61,990,000
Free Float: 35,335,000
Market Cap: $2.33 billion
Optionable: Optionable
Beta: 0.49

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Key Executives

Mr. Xueling Li (Age 50)
Co-Founder, Chairman & CEO
Mr. Fuyong Liu (Age 39)
Vice President of Finance
Ms. Ting Li (Age 40)
Chief Operating Officer
Ms. Tingzhen Xie
Investor Relations Senior Manager

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

YY Stock Analysis - Frequently Asked Questions

Should I buy or sell JOYY stock right now?: 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for JOYY in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" YY shares.
View YY analyst ratings or view top-rated stocks.
What is JOYY's stock price target for 2024?: 5 brokerages have issued 1 year price targets for JOYY's shares. Their YY share price targets range from $30.00 to $49.00. On average, they expect the company's stock price to reach $41.50 in the next twelve months. This suggests a possible upside of 10.6% from the stock's current price.
View analysts price targets for YY or view top-rated stocks among Wall Street analysts.
How have YY shares performed in 2023?: JOYY's stock was trading at $31.59 at the start of the year. Since then, YY stock has increased by 18.8% and is now trading at $37.52.
View the best growth stocks for 2023 here.
Are investors shorting JOYY?: JOYY saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 2,720,000 shares, a drop of 17.1% from the October 31st total of 3,280,000 shares. Based on an average daily trading volume, of 498,000 shares, the days-to-cover ratio is presently 5.5 days. Currently, 6.0% of the shares of the stock are sold short.
View JOYY's Short Interest.
When is JOYY's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 20th 2024.
View our YY earnings forecast.
How were JOYY's earnings last quarter?: JOYY Inc. (NASDAQ:YY) announced its quarterly earnings data on Wednesday, November, 17th. The information services provider reported $0.42 EPS for the quarter, beating analysts' consensus estimates of $0.03 by $0.39. The information services provider earned $650.55 million during the quarter. JOYY had a negative net margin of 5.28% and a positive trailing twelve-month return on equity of 4.84%. During the same period last year, the company posted $1.31 EPS.

How often does JOYY pay dividends? What is the dividend yield for JOYY?: JOYY announced a quarterly dividend on Thursday, September 7th. Investors of record on Tuesday, September 26th will be given a dividend of $0.20 per share on Friday, October 13th. This represents a $0.80 annualized dividend and a yield of 2.13%. The ex-dividend date of this dividend is Monday, September 25th.
Read our dividend analysis for YY.
Is JOYY a good dividend stock?: JOYY (NASDAQ:YY) pays an annual dividend of $0.79 per share and currently has a dividend yield of 2.12%.
Read our dividend analysis for YY.
What ETFs hold JOYY's stock?: ETFs with the largest weight of JOYY (NASDAQ:YY) stock in their portfolio include First Trust S-Network Streaming and Gaming ETF (BNGE), Global X NASDAQ China Technology ETF (CHIC), Principal Millennial Global Growth ETF (GENY), Jacob Forward ETF (JFWD), iShares Virtual Work and Life Multisector ETF (IWFH), SoFi Be Your Own Boss ETF (BYOB), SoFi Be Your Own Boss ETF (GIGE) and iShares Robotics and Artificial Intelligence Multisector ETF (IRBO).
What other stocks do shareholders of JOYY own?: Based on aggregate information from My MarketBeat watchlists, some companies that other JOYY investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), Aegean Marine Petroleum Network (ANW), Micron Technology (MU), Precision Drilling (PD) and NIC (EGOV).
Who are JOYY's major shareholders?: JOYY's stock is owned by a number of institutional and retail investors. Top institutional shareholders include FMR LLC (4.37%), Acadian Asset Management LLC (2.78%), Krane Funds Advisors LLC (2.25%), Yunqi Capital Ltd (0.83%), Healthcare of Ontario Pension Plan Trust Fund (0.68%) and Legal & General Group Plc (0.53%).
How do I buy shares of JOYY?: Shares of YY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:YY) was last updated on 12/7/2023 by MarketBeat.com Staff

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