HUYA Inc. (NYSE:HUYA) Receives Consensus Recommendation of “Hold” from Analysts

HUYA Inc. (NYSE:HUYA) has earned a consensus recommendation of “Hold” from the eight ratings firms that are currently covering the firm, Marketbeat.com reports. Six investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $5.68.

Several analysts have weighed in on HUYA shares. Daiwa America downgraded HUYA from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 18th. Daiwa Capital Markets lowered shares of HUYA from an “outperform” rating to a “neutral” rating in a research report on Tuesday, March 18th.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in HUYA. Two Sigma Securities LLC purchased a new position in HUYA in the 4th quarter valued at approximately $43,000. XTX Topco Ltd acquired a new stake in shares of HUYA in the third quarter valued at $90,000. Smith Anglin Financial LLC boosted its holdings in HUYA by 27.9% in the fourth quarter. Smith Anglin Financial LLC now owns 18,367 shares of the company’s stock valued at $56,000 after purchasing an additional 4,002 shares during the period. Sei Investments Co. purchased a new position in HUYA in the fourth quarter valued at $94,000. Finally, Jump Financial LLC acquired a new position in HUYA during the 4th quarter worth $129,000. Institutional investors and hedge funds own 23.20% of the company’s stock.

HUYA Stock Performance

Shares of HUYA stock opened at $3.34 on Friday. HUYA has a fifty-two week low of $2.82 and a fifty-two week high of $6.84. The firm has a market capitalization of $756.08 million, a price-to-earnings ratio of -37.11 and a beta of 0.73. The stock’s 50-day simple moving average is $3.61 and its 200-day simple moving average is $3.53.

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

HUYA Dividend Announcement

The firm also recently declared an annual dividend, which will be paid on Monday, June 30th. Shareholders of record on Tuesday, June 17th will be paid a dividend of $1.47 per share. The ex-dividend date of this dividend is Tuesday, June 17th. This represents a yield of 42.55%. HUYA’s dividend payout ratio (DPR) is presently -4,766.67%.

About HUYA

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.