HUYA Inc. (NYSE:HUYA)’s traded shares stood at 2.1 million during the last session, with the company’s beta value hitting 0.73. At the close of trading, the stock’s price was $9.16, to imply a decrease of -1.61% or -$0.15 in intraday trading. The HUYA share’s 52-week high remains $36.33, putting it -296.62% down since that peak but still an impressive 3.82% since price per share fell to its 52-week low of $8.81. The company has a valuation of $2.14B, with an average of 3.6 million shares in intraday trading volume over the past 10 days and average of 3.37 million shares over the past 3 months.
Analysts have given a consensus recommendation of an Overweight for HUYA Inc. (HUYA), translating to a mean rating of 2.30. Of 15 analyst(s) looking at the stock, 0 analyst(s) give HUYA a Sell rating. 1 of those analysts rate the stock as Overweight while 4 advise Hold as 9 recommend it as a Buy. 1 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at $0.04.
HUYA Inc. (NYSE:HUYA) trade information
After registering a -1.61% downside in the last session, HUYA Inc. (HUYA) has traded red over the past five days. The stock hit a weekly high of 10.44 this Thursday, 09/16/21, dropping -1.61% in its intraday price action. The 5-day price performance for the stock is -7.75%, and -3.58% over 30 days. With these gigs, the year-to-date price performance is -54.04%. Short interest in HUYA Inc. (NYSE:HUYA) saw shorts transact 25.25 million shares and set a 7.97 days time to cover.
Analysts on Wall Street suggest a consensus price target of $88.73, implying an increase of 89.68% to the stock’s current value. The extremes give us $54.92 and $173.72 for target low and target high price respectively. As such, HUYA has been trading -1796.51% off suggested target high and -499.56% from its likely low.
HUYA Inc. (HUYA) estimates and forecasts
Looking at statistics comparing HUYA Inc. share performance against respective industry, we note that the company has underperformed competitors. HUYA Inc. (HUYA) shares are -61.83% down over the last 6 months, with its year-to-date growth rate lower than industry average at -66.67% against 15.20%. Revenue is forecast to shrink -82.60% this quarter before falling -135.00% for the next one. The rating firms project that company’s revenue will grow 7.40% compared to the previous financial year.
Revenue forecast for the current quarter as set by 4 analysts is $472.45 million. Meanwhile, for the quarter ending Dec 2021, a total of 4 analyst(s) estimate revenue growth to $501.43 million.Earnings reports from the last fiscal year show that sales brought in $434.02 million and $465.76 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 8.90% before jumping 7.70% in the following quarter.
HUYA Inc. has its next earnings report out on May 18. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. HUYA Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
HUYA Inc. (NYSE:HUYA)’s Major holders
HUYA Inc. insiders hold 2.36% of total outstanding shares, with institutional holders owning 116.25% of the shares at 119.07% float percentage. In total, 116.25% institutions holds shares in the company, led by Morgan Stanley. As of Mar 30, 2021, the company held over 27.14 million shares (or 32.36% of shares), all amounting to roughly $528.78 million.
The next major institution holding the largest number of shares is ARK Investment Management, LLC with 10.99 million shares, or about 13.10% of shares outstanding. As of the market price on Mar 30, 2021, these shares were worth $214.05 million.
We also have Morgan Stanley Inst Fd Inc-International Opportunity Port and Fundamental Investors Inc as the top two Mutual Funds with the largest holdings of the HUYA Inc. (HUYA) shares. Going by data provided on Mar 30, 2021, Morgan Stanley Inst Fd Inc-International Opportunity Port holds roughly 4.65 million shares. This is just over 5.54% of the total shares, with a market valuation of $90.5 million. Data from the same date shows that the other fund manager holds a little less at 4.55 million, or 5.42% of the shares, all valued at about 88.58 million.