NASDAQ:YY

JOYY - YY Stock Forecast, Price & News

$25.41

-0.44 (-1.70%)

(As of 08/9/2022 12:00 AM ET)

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Today's Range: $25.26
▼
$25.81
50-Day Range: $24.83
▼
$36.77
52-Week Range: $23.14
▼
$67.67

Volume: 260,841 shs
Average Volume: 753,017 shs
Market Capitalization: $1.98 billion

P/E Ratio: N/A
Dividend Yield: 7.85%
Price Target: $53.00

JOYY MarketRank™ Forecast

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 108.6% Upside
$53.00 Price Target
Short Interest: Bearish
4.98% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.49
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 4,600.00%
From $0.02 to $0.94 Per Share

Overall MarketRank^™

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

2.61 out of 5 stars

Computer And Technology Sector

144th out of 644 stocks

Data Processing & Preparation Industry

14th out of 73 stocks

3.0

Analyst's Opinion

Consensus Rating
JOYY has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $53.00, JOYY has a forecasted upside of 108.6% from its current price of $25.41.
Amount of Analyst Coverage
JOYY has only been the subject of 2 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
4.98% 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 4.
Change versus previous month
Short interest in JOYY has recently increased by 27.10%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Leadership
JOYY is a leading dividend payer. It pays a dividend yield of 7.85%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
JOYY does not have a long track record of dividend growth.
Dividend Sustainability
Based on EPS estimates, JOYY will have a dividend payout ratio of 215.96% in the coming year. This indicates that JOYY may not be able to sustain their current dividend.

N/A

Sustainability and ESG

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

2.5

News and Social Media Coverage

News Sentiment
JOYY has a news sentiment score of 0.49. 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 is a higher news sentiment than the 0.37 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for JOYY this week, compared to 4 articles on an average week.
Search Interest
Only 1 people have searched for YY on MarketBeat in the last 30 days. This is a decrease of -91% compared to the previous 30 days.
MarketBeat Follows
8 people have added JOYY to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

3.3

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
78.48% of the stock of JOYY is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for JOYY are expected to grow by 4,600.00% in the coming year, from $0.02 to $0.94 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of JOYY is -27.62, 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 -27.62, 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 0.36. 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 (NASDAQ:YY) Stock

JOYY Inc., together with its subsidiaries, operates social media platforms that offer users engaging and experience across various video and audio-based social platforms. The company operates Bigo Live, a 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 casual game-oriented social platform; and imo, a chat and instant messaging application with functions, including video calls and other communication tools, such as group calls, document sharing, etc.. It operates in the People's Republic of China, the United States, the Great Britain, Japan, South Korea, Australia, the Middle East, and Southeast Asia and others. 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.

JOYY Stock Down 1.7 %

Shares of NASDAQ:YY traded down $0.44 during trading on Tuesday, reaching $25.41. 260,841 shares of the stock were exchanged, compared to its average volume of 753,017. The business's 50-day moving average price is $29.29 and its 200 day moving average price is $37.39. JOYY has a twelve month low of $23.14 and a twelve month high of $67.67. The company has a quick ratio of 1.96, a current ratio of 1.96 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $1.98 billion, a price-to-earnings ratio of -27.62 and a beta of 0.61.

JOYY (NASDAQ:YY - Get Rating) last posted its earnings results on Tuesday, May 31st. The information services provider reported $0.12 EPS for the quarter, topping analysts' consensus estimates of $0.08 by $0.04. JOYY had a negative net margin of 2.24% and a positive return on equity of 2.62%. The business had revenue of $623.78 million for the quarter, compared to analysts' expectations of $604.63 million. During the same period in the previous year, the company posted ($0.30) earnings per share. As a group, equities analysts forecast that JOYY will post 0.02 EPS for the current fiscal year.

JOYY Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 6th. Stockholders of record on Thursday, June 23rd were paid a $0.51 dividend. The ex-dividend date of this dividend was Wednesday, June 22nd. This represents a $2.04 dividend on an annualized basis and a dividend yield of 8.03%. JOYY's dividend payout ratio (DPR) is presently -220.65%.

Analyst Ratings Changes

A number of research analysts have weighed in on YY shares. TheStreet cut shares of JOYY from a "c-" rating to a "d+" rating in a research report on Friday, July 22nd. Morgan Stanley cut shares of JOYY from an "overweight" rating to an "equal weight" rating in a research report on Wednesday, June 1st. Finally, JPMorgan Chase & Co. raised shares of JOYY from an "underweight" rating to a "neutral" rating and set a $40.00 price target on the stock in a research report on Monday, May 16th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $53.00.

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YY Stock News Headlines

August 9, 2022 | nasdaq.com

Wall Street Analysts See a 131% Upside in JOYY (YY): Can the Stock Really Move This High? - Nasdaq

August 8, 2022 | finance.yahoo.com

Online Streaming Services Market Size to Grow by USD 191.72 bn, Netflix Inc. and Amazon.com Inc. Among Key Vendors - Technavio

August 7, 2022 | nasdaq.com

Could The JOYY Inc. (NASDAQ:YY) Ownership Structure Tell Us Something Useful?

August 2, 2022 | americanbankingnews.com

JOYY Inc. (NASDAQ:YY) Short Interest Update

July 31, 2022 | americanbankingnews.com

JOYY Inc. (NASDAQ:YY) Receives Average Rating of "Hold" from Brokerages

July 26, 2022 | seekingalpha.com

Chinese tech stocks slip into the red as Alibaba sets plans for Hong Kong listing - Seeking Alpha

July 22, 2022 | nasdaq.com

July 22, 2022 | finance.yahoo.com

TimkenSteel (TMST) Stock Sinks As Market Gains: What You Should Know - Yahoo Finance

July 19, 2022 | finance.yahoo.com

What You Need To Know About JOYY Inc.'s (NASDAQ:YY) Investor Composition

July 16, 2022 | finance.yahoo.com

JOYY (YY) Gains But Lags Market: What You Should Know

July 14, 2022 | nasdaq.com

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Williams Companies, Inc. The (WMB) Gains As Market Dips: What You Should Know - Nasdaq

July 14, 2022 | nasdaq.com

Chipotle Mexican Grill (CMG) Gains As Market Dips: What You Should Know - Nasdaq

July 11, 2022 | nasdaq.com

Is Most-Watched Stock JOYY Inc. Sponsored ADR (YY) Worth Betting on Now? - Nasdaq

July 7, 2022 | nasdaq.com

August 26th Options Now Available For JOYY - Nasdaq

July 5, 2022 | finance.yahoo.com

JOYY (YY) Stock Sinks As Market Gains: What You Should Know - Yahoo Finance

June 30, 2022 | nasdaq.com

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See More Headlines

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YY Company Calendar

Last Earnings: 5/31/2022
Ex-Dividend for 7/6 Dividend: 6/22/2022
Dividend Payable: 7/06/2022
Today: 8/10/2022
Next Earnings (Estimated): 8/17/2022
Fiscal Year End: 12/31/2022

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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: 7,449
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $53.00
High Stock Price Forecast: $62.00
Low Stock Price Forecast: $40.00
Forecasted Upside/Downside: +108.6%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.92)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 1,270.50
P/E Growth: N/A
Net Income: $-80,290,000.00
Net Margins: -2.24%
Pretax Margin: -0.30%
Return on Equity: 2.62%
Return on Assets: 1.60%

Debt

Debt-to-Equity Ratio: 0.16
Current Ratio: 1.96
Quick Ratio: 1.96

Sales & Book Value

Annual Sales: $2.62 billion
Price / Sales: 0.76
Cash Flow: $3.58 per share
Price / Cash Flow: 7.09
Book Value: $71.35 per share
Price / Book: 0.36

Miscellaneous

Outstanding Shares: 77,960,000
Free Float: 44,437,000
Market Cap: $1.98 billion
Optionable: Optionable
Beta: 0.61

Key Executives

Mr. Xueling Li (Age 49)
Co-Founder, Chairman & CEO
Mr. Fuyong Liu (Age 38)
Gen. Mang. of Fin.
Ms. Ting Li (Age 39)
Chief Operating Officer
Ms. Tingzhen Xie
Investor Relations Sr. Mang.
Mr. Rongjie Dong (Age 47)
Chief Exec. Officer of HUYA Inc.
Mr. Zhou Chen (Age 46)
Strategic Advisor

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

YY Stock - Frequently Asked Questions

Should I buy or sell JOYY stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for JOYY in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" YY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in YY, but not buy additional shares or sell existing shares.
View YY analyst ratings or view top-rated stocks.
What is JOYY's stock price forecast for 2022?: 4 Wall Street analysts have issued 1 year price targets for JOYY's shares. Their YY share price forecasts range from $40.00 to $62.00. On average, they expect the company's stock price to reach $53.00 in the next year. This suggests a possible upside of 108.6% from the stock's current price.
View analysts price targets for YY or view top-rated stocks among Wall Street analysts.
How has JOYY's stock price performed in 2022?: JOYY's stock was trading at $45.43 at the beginning of the year. Since then, YY stock has decreased by 44.1% and is now trading at $25.41.
View the best growth stocks for 2022 here.
When is JOYY's next earnings date?: JOYY is scheduled to release its next quarterly earnings announcement on Wednesday, August 17th 2022.
View our YY earnings forecast.
How were JOYY's earnings last quarter?: JOYY Inc. (NASDAQ:YY) issued its quarterly earnings results on Tuesday, May, 31st. The information services provider reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.04. The information services provider had revenue of $623.78 million for the quarter, compared to analyst estimates of $604.63 million. JOYY had a negative net margin of 2.24% and a positive trailing twelve-month return on equity of 2.62%. During the same period in the prior year, the firm posted ($0.30) earnings per share.
How often does JOYY pay dividends? What is the dividend yield for JOYY?: JOYY announced a quarterly dividend on Wednesday, June 1st. Stockholders of record on Thursday, June 23rd will be given a dividend of $0.51 per share on Wednesday, July 6th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 8.03%. The ex-dividend date of this dividend is Wednesday, June 22nd.
Read our dividend analysis for YY.
Is JOYY a good dividend stock?: JOYY (NASDAQ:YY) pays an annual dividend of $2.03 per share and currently has a dividend yield of 7.85%. YY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for YY.

What guidance has JOYY issued on next quarter's earnings?: JOYY updated its second quarter 2022 earnings guidance on Wednesday, June, 29th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $579.00 million-$600.00 million, compared to the consensus revenue estimate of $653.53 million.
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).
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 Swiss National Bank (0.19%), Sumitomo Mitsui Trust Holdings Inc. (0.16%), Pictet Asset Management SA (0.14%), Walleye Trading LLC (0.00%), Wolverine Asset Management LLC (0.00%) and Russell Investments Group Ltd. (0.12%).
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.
What is JOYY's stock price today?: One share of YY stock can currently be purchased for approximately $25.41.
How much money does JOYY make?: JOYY (NASDAQ:YY) has a market capitalization of $1.98 billion and generates $2.62 billion in revenue each year. The information services provider earns $-80,290,000.00 in net income (profit) each year or ($0.92) on an earnings per share basis.
How many employees does JOYY have?: JOYY employs 7,449 workers across the globe.
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 official website for the company is www.huanju.cn. The information services provider can be reached via phone at 65-6351-9330, via email at ir@yy.com, or via fax at 86-20-8212-0887.

This page (NASDAQ:YY) was last updated on 8/10/2022 by MarketBeat.com Staff

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JOYY - YY Stock Forecast, Price & News

JOYY MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About JOYY (NASDAQ:YY) Stock

JOYY Stock Down 1.7 %

JOYY Announces Dividend

Analyst Ratings Changes

YY Stock News Headlines

YY Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

YY Stock - Frequently Asked Questions

Should I buy or sell JOYY stock right now?

What is JOYY's stock price forecast for 2022?

How has JOYY's stock price performed in 2022?

When is JOYY's next earnings date?

How were JOYY's earnings last quarter?

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

Is JOYY a good dividend stock?

What guidance has JOYY issued on next quarter's earnings?

What other stocks do shareholders of JOYY own?

What is JOYY's stock symbol?

Who are JOYY's major shareholders?

How do I buy shares of JOYY?

What is JOYY's stock price today?

How much money does JOYY make?

How many employees does JOYY have?

How can I contact JOYY?

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