HUYA Inc. (NYSE:HUYA) Receives Average Rating of “Hold” from Analysts

Shares of HUYA Inc. (NYSE:HUYA) have earned an average rating of “Hold” from the eight ratings firms that are presently covering the firm, Marketbeat Ratings 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.

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

Hedge Funds Weigh In On HUYA

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Seldon Capital LP acquired a new stake in HUYA during the third quarter valued at approximately $51,000. Two Sigma Securities LLC bought a new position in shares of HUYA during the 4th quarter worth approximately $43,000. XTX Topco Ltd acquired a new stake in HUYA in the 3rd quarter valued at $90,000. Smith Anglin Financial LLC grew its position 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 acquiring an additional 4,002 shares during the period. Finally, Quantbot Technologies LP raised its stake in HUYA by 18.9% during the third quarter. Quantbot Technologies LP now owns 23,224 shares of the company’s stock worth $118,000 after acquiring an additional 3,685 shares in the last quarter. 23.20% of the stock is owned by institutional investors.

HUYA Trading Up 0.0 %

Shares of HUYA stock opened at $3.21 on Tuesday. The stock has a market capitalization of $726.88 million, a price-to-earnings ratio of -35.68 and a beta of 0.72. HUYA has a twelve month low of $2.82 and a twelve month high of $6.84. The business’s 50 day simple moving average is $3.72 and its 200-day simple moving average is $3.67.

HUYA (NYSE:HUYA) last announced its quarterly earnings results on Tuesday, March 18th. The company reported $0.01 earnings per share (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 analyst estimates of $1.53 billion. HUYA had a positive return on equity of 0.30% and a negative net margin of 2.51%. The company’s revenue was down 2.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.48 EPS. Sell-side analysts predict 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 issued a $1.47 dividend. This represents a yield of 42.55%. The ex-dividend date of this dividend is Tuesday, June 17th. HUYA’s dividend payout ratio (DPR) is presently -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.