HUYA Inc – (NYSE:HUYA) has received a consensus recommendation of “Buy” from the fourteen analysts that are currently covering the stock, MarketBeat reports. Two analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $27.27.
HUYA has been the subject of a number of recent research reports. ValuEngine downgraded HUYA from a “buy” rating to a “hold” rating in a research report on Tuesday, September 17th. HSBC started coverage on HUYA in a research report on Monday, September 16th. They set a “buy” rating on the stock. Morgan Stanley downgraded HUYA from an “overweight” rating to an “equal” rating and cut their price target for the stock from $28.00 to $23.00 in a research note on Monday. TheStreet downgraded HUYA from a “c-” rating to a “d+” rating in a research note on Tuesday, November 12th. Finally, Zacks Investment Research lowered HUYA from a “buy” rating to a “hold” rating in a report on Tuesday, November 19th.
HUYA stock opened at $20.60 on Tuesday. HUYA has a twelve month low of $14.44 and a twelve month high of $30.00. The firm has a 50 day moving average price of $22.52 and a 200-day moving average price of $23.05. The company has a market capitalization of $4.60 billion, a P/E ratio of 206.00 and a beta of 1.88. The company has a quick ratio of 4.66, a current ratio of 4.66 and a debt-to-equity ratio of 0.01.
HUYA (NYSE:HUYA) last posted its quarterly earnings results on Tuesday, November 12th. The company reported $0.87 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.81. HUYA had a net margin of 5.50% and a return on equity of 5.88%. The company had revenue of $2.27 billion for the quarter, compared to analysts’ expectations of $2.16 billion. During the same quarter in the previous year, the firm posted $0.55 EPS. HUYA’s revenue was up 77.4% on a year-over-year basis. Equities analysts expect that HUYA will post 0.27 EPS for the current fiscal year.
Large investors have recently bought and sold shares of the business. Ladenburg Thalmann Financial Services Inc. boosted its holdings in shares of HUYA by 83.6% in the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,080 shares of the company’s stock worth $52,000 after acquiring an additional 947 shares during the period. Bank of Montreal Can boosted its stake in HUYA by 24.1% during the second quarter. Bank of Montreal Can now owns 8,132 shares of the company’s stock valued at $201,000 after buying an additional 1,578 shares during the period. Perpetual Ltd boosted its stake in HUYA by 19.6% during the third quarter. Perpetual Ltd now owns 40,200 shares of the company’s stock valued at $950,000 after buying an additional 6,600 shares during the period. Grandeur Peak Global Advisors LLC grew its position in HUYA by 9.1% during the second quarter. Grandeur Peak Global Advisors LLC now owns 93,440 shares of the company’s stock worth $2,309,000 after buying an additional 7,800 shares in the last quarter. Finally, Verition Fund Management LLC grew its position in HUYA by 41.0% during the second quarter. Verition Fund Management LLC now owns 28,239 shares of the company’s stock worth $698,000 after buying an additional 8,213 shares in the last quarter. Hedge funds and other institutional investors own 26.12% of the company’s stock.
HUYA Inc, through 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 also provides advertising and online game-related services. As of December 31, 2017, its live streaming content covered approximately 2,600 games, including mobile, PC, and console games.
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