HUYA Inc. (NYSE:HUYA) Receives $5.68 Average PT from Analysts

Shares of HUYA Inc. (NYSE:HUYA) have been assigned an average rating of “Hold” from the eight brokerages that are presently covering the firm, Marketbeat Ratings reports. Six analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $5.68.

Several brokerages have recently weighed in on HUYA. Daiwa Capital Markets lowered HUYA from an “outperform” rating to a “neutral” rating in a report on Tuesday. Daiwa America lowered HUYA from a “strong-buy” rating to a “hold” rating in a report on Tuesday.

Institutional Trading of HUYA

Institutional investors have recently bought and sold shares of the stock. Two Sigma Securities LLC acquired a new stake in HUYA in the 4th quarter valued at $43,000. Seldon Capital LP bought a new position in HUYA in the 3rd quarter valued at $51,000. Smith Anglin Financial LLC raised its position in HUYA by 27.9% in the 4th 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 last quarter. XTX Topco Ltd bought a new position in HUYA in the 3rd quarter valued at $90,000. Finally, Sei Investments Co. bought a new position in HUYA in the 4th quarter valued at $94,000. Institutional investors and hedge funds own 23.20% of the company’s stock.

HUYA Stock Down 7.4 %

Shares of NYSE HUYA opened at $3.21 on Tuesday. The business’s 50 day moving average is $3.71 and its two-hundred day moving average is $3.68. The company has a market cap of $725.52 million, a P/E ratio of -35.61 and a beta of 0.72. HUYA has a 12 month low of $2.82 and a 12 month high of $6.84.

HUYA (NYSE:HUYA) last issued its quarterly earnings results on Tuesday, March 18th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.03). The business had revenue of $1.50 billion during 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%. The business’s quarterly revenue was down 2.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.48 earnings per share. Sell-side analysts expect that HUYA will post 0.16 earnings per share for the current fiscal year.

HUYA Dividend Announcement

The business also recently declared an annual dividend, which will be paid on Monday, June 30th. Investors of record on Tuesday, June 17th will be paid a $1.47 dividend. This represents a yield of 42.55%. The ex-dividend date is Tuesday, June 17th. HUYA’s dividend payout ratio is -4,900.00%.

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.