NASDAQ:YY

JOYY Stock Forecast, Price & News

$91.00

-0.23 (-0.25 %)

(As of 01/22/2021 12:00 AM ET)

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Today's Range

$89.77

Now: $91.00▼

$92.75

50-Day Range

$76.56

MA: $83.24▼

$91.77

52-Week Range

$41.33

Now: $91.00▼

$108.21

Volume1.45 million shs

Average Volume1.06 million shs

Market Capitalization$7.36 billion

P/E Ratio6.90

Dividend Yield2.23%

Beta1.19

JOYY Inc., through its subsidiaries, operates a social media platform in the People's Republic of China and internationally. The company operates live streaming platforms, including YY Live, an interactive and comprehensive live streaming social media platform offering music and dance shows, talk shows, outdoor activities, and sports and anime; Bigo Live, which enables users to live stream their specific moments and talk live with each other; and Huya, a game live streaming platform. It also operates short-form video platform, such as Likee, a short-form video social platform that produces, uploads, views, shares, and comments on short-form videos on a daily basis. In addition, the company operates imo, a video communication platform; and Hago, a casual-game-oriented social platform that integrates various social features, such as live streaming chatrooms and karaoke. 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 Guangzhou, the People's Republic of China.

MarketRank^™

Overall MarketRank^™

2.48 out of 5 stars

Computer And Technology Sector

6th out of 1,509 stocks

Data Processing & Preparation Industry

1st out of 100 stocks

2.5 Analyst's Opinion

Consensus Rating
JOYY has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 9 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $109.25, JOYY has a forecasted upside of 20.1% from its current price of $91.00.
Amount of Analyst Coverage
JOYY has received no research coverage in the past 90 days.

2.6 Community Rank

Outperform Votes
JOYY has received 533 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
JOYY has received 477 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
JOYY has received 52.77% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about JOYY and other stocks. Vote “Outperform” if you believe YY will outperform the S&P 500 over the long term. Vote “Underperform” if you believe YY will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Yield
JOYY pays a meaningful dividend of 2.23%, 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 Coverage
The dividend payout ratio of JOYY is 52.19%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, JOYY will have a dividend payout ratio of 36.25% next year. This indicates that JOYY will be able to sustain or increase its dividend.

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
53.90% of the stock of JOYY is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1 Earnings and Valuation

Earnings Growth
Earnings for JOYY are expected to grow by 77.78% in the coming year, from $3.15 to $5.60 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of JOYY is 6.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.12.
Price to Earnings Ratio vs. Sector
The P/E ratio of JOYY is 6.90, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 84.97.
Price to Earnings Growth Ratio
JOYY has a PEG Ratio of 18.05. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
JOYY has a P/B Ratio of 1.33. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Data processing & preparation

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:YY

Previous Symbol

CUSIPN/A

CIK1530238

Webwww.huanju.cn

Phone86-20-8212-0088

Employees9,273

Debt

Debt-to-Equity Ratio0.13

Current Ratio3.67

Quick Ratio3.67

Price-To-Earnings

Trailing P/E Ratio6.90

Forward P/E Ratio28.89

P/E Growth18.05

Sales & Book Value

Annual Sales$3.67 billion

Price / Sales2.00

Cash Flow$6.71 per share

Price / Cash Flow13.56

Book Value$68.25 per share

Price / Book1.33

Profitability

EPS (Most Recent Fiscal Year)$3.89

Net Income$494.88 million

Net Margins27.75%

Return on Equity5.46%

Return on Assets4.12%

Miscellaneous

Outstanding Shares80,850,000

Market Cap$7.36 billion

Next Earnings Date3/15/2021 (Estimated)

OptionableOptionable

$91.00

-0.23 (-0.25 %)

(As of 01/22/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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JOYY (NASDAQ:YY) Frequently Asked Questions

How has JOYY's stock been impacted by COVID-19?

JOYY's stock was trading at $51.67 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, YY shares have increased by 76.1% and is now trading at $91.00.
View which stocks have been most impacted by COVID-19.

Is JOYY a buy right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for JOYY in the last twelve months. There are currently 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" JOYY stock.
View analyst ratings for JOYY or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than JOYY?

Wall Street analysts have given JOYY a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but JOYY wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Doug Parker's approval rating as JOYY's CEO?

1,448 employees have rated JOYY CEO Doug Parker on Glassdoor.com. Doug Parker has an approval rating of 60% among JOYY's employees. This puts Doug Parker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

When is JOYY's next earnings date?

JOYY is scheduled to release its next quarterly earnings announcement on Monday, March 15th 2021.
View our earnings forecast for JOYY.

How were JOYY's earnings last quarter?

JOYY Inc. (NASDAQ:YY) posted its quarterly earnings results on Sunday, November, 15th. The information services provider reported $8.89 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.02 by $7.87. The information services provider had revenue of $925.88 million for the quarter, compared to analyst estimates of $876.28 million. JOYY had a net margin of 27.75% and a return on equity of 5.46%.
View JOYY's earnings history.

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

JOYY declared a quarterly dividend on Monday, November 30th. Shareholders of record on Friday, December 11th will be given a dividend of $0.51 per share on Wednesday, December 23rd. This represents a $2.04 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date is Thursday, December 10th. This is a positive change from JOYY's previous quarterly dividend of $0.31.
View JOYY's dividend history.

Is JOYY a good dividend stock?

JOYY pays an annual dividend of $2.03 per share and currently has a dividend yield of 2.23%. The dividend payout ratio of JOYY is 52.19%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, JOYY will have a dividend payout ratio of 36.25% next year. This indicates that JOYY will be able to sustain or increase its dividend.
View JOYY's dividend history.

What price target have analysts set for YY?

9 brokers have issued 1 year target prices for JOYY's stock. Their forecasts range from $65.00 to $165.00. On average, they expect JOYY's stock price to reach $109.25 in the next twelve months. This suggests a possible upside of 20.1% from the stock's current price.
View analysts' price targets for JOYY or view Wall Street analyst' top-rated stocks.

Who are some of JOYY's key competitors?

Some companies that are related to JOYY include StoneCo (STNE), PagSeguro Digital (PAGS), Clarivate (CCC), Zendesk (ZEN), GoodRx (GDRX), Autohome (ATHM), Five9 (FIVN), Pegasystems (PEGA), Zynga (ZNGA), Proofpoint (PFPT), Globant (GLOB), DXC Technology (DXC), Change Healthcare (CHNG), CoreLogic (CLGX) and LiveRamp (RAMP).
View all of YY's competitors.

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 Co. (ATH.TO) (ATH), Aegean Marine Petroleum Network (ANW), Micron Technology (MU), Precision Drilling Co. (PD.TO) (PD) and NIC (EGOV).

Who are JOYY's key executives?

JOYY's management team includes the following people:

Mr. Xueling Li, Co-Founder, Chairman & CEO (Age 47)
Mr. Bing Jin, Chief Financial Officer (Age 42)
Ms. Ting Li, Chief Operating Officer (Age 37)
Ms. Tingzhen Xie, Investor Relations Sr. Mang.
Mr. Rongjie Dong, Chief Exec. Officer of HUYA Inc. (Age 45)
Mr. Zhou Chen, Strategic Advisor (Age 44)

What is JOYY's stock symbol?

JOYY trades on the NASDAQ under the ticker symbol "YY."

Who are JOYY's major shareholders?

JOYY's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Anatole Investment Management Ltd (2.05%), TB Alternative Assets Ltd. (0.14%), E Fund Management Hong Kong Co. Ltd. (0.02%), Bellecapital International Ltd. (0.01%), Ritholtz Wealth Management (0.01%) and OLD National Bancorp IN (0.00%).

Which major investors are selling JOYY stock?

YY stock was sold by a variety of institutional investors in the last quarter, including E Fund Management Hong Kong Co. Ltd., and Bartlett & Co. LLC.

Which major investors are buying JOYY stock?

YY stock was bought by a variety of institutional investors in the last quarter, including Anatole Investment Management Ltd, TB Alternative Assets Ltd., Bellecapital International Ltd., OLD National Bancorp IN, International Assets Investment Management LLC, and Ritholtz Wealth Management.

How do I buy shares of JOYY?

Shares of YY 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.

What is JOYY's stock price today?

One share of YY stock can currently be purchased for approximately $91.00.

How big of a company is JOYY?

JOYY has a market capitalization of $7.36 billion and generates $3.67 billion in revenue each year. The information services provider earns $494.88 million in net income (profit) each year or $3.89 on an earnings per share basis. JOYY employs 9,273 workers across the globe.

What is JOYY's official website?

The official website for JOYY is www.huanju.cn.

How can I contact JOYY?

JOYY's mailing address is Building B-1 North Block of Wanda Plaza No. 79 Wanbo Er Road Nancun Town Panyu District, Guangzhou F4, 511442. The information services provider can be reached via phone at 86-20-8212-0088 or via email at [email protected]

This page was last updated on 1/23/2021 by MarketBeat.com Staff

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