HUYA Inc. (NYSE:HUYA) Given Consensus Rating of “Hold” by Analysts

HUYA Inc. (NYSE:HUYA) has been assigned an average rating of “Hold” from the eight research firms that are presently covering the stock, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $5.68.

HUYA has been the subject of a number of research reports. Daiwa America cut shares of HUYA from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 18th. Daiwa Capital Markets downgraded shares of HUYA from an “outperform” rating to a “neutral” rating in a research note on Tuesday, March 18th.

Institutional Trading of HUYA

Several institutional investors and hedge funds have recently made changes to their positions in HUYA. Vontobel Holding Ltd. purchased a new position in shares of HUYA in the fourth quarter worth about $140,000. E Fund Management Hong Kong Co. Ltd. purchased a new position in HUYA in the 4th quarter worth approximately $371,000. WCM Investment Management LLC lifted its position in HUYA by 4,396.5% in the fourth quarter. WCM Investment Management LLC now owns 2,854,171 shares of the company’s stock valued at $8,505,000 after purchasing an additional 2,790,696 shares during the last quarter. XTX Topco Ltd bought a new stake in HUYA in the third quarter valued at approximately $90,000. Finally, Norges Bank purchased a new stake in shares of HUYA during the fourth quarter valued at approximately $282,000. Hedge funds and other institutional investors own 23.20% of the company’s stock.

HUYA Price Performance

Shares of HUYA stock opened at $3.34 on Friday. The stock has a market cap of $754.95 million, a P/E ratio of -37.06 and a beta of 0.73. HUYA has a one year low of $2.82 and a one year high of $6.84. The company has a fifty day moving average price of $3.60 and a two-hundred day moving average price of $3.51.

HUYA (NYSE:HUYA) last released its quarterly earnings results on Tuesday, March 18th. The company reported $0.01 EPS 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 positive return on equity of 0.30% and a negative net margin of 2.51%. HUYA’s revenue was down 2.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.48 earnings per share. As a group, equities research analysts anticipate that HUYA will post 0.16 EPS for the current fiscal year.

HUYA Dividend Announcement

The company also recently announced an annual dividend, which will be paid on Monday, June 30th. Investors of record on Tuesday, June 17th will be issued a dividend of $1.47 per share. This represents a yield of 42.55%. The ex-dividend date is Tuesday, June 17th. HUYA’s dividend payout ratio (DPR) is presently -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.