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NASDAQ:YY

JOYY (YY) Stock Price, News & Analysis

JOYY logo
$36.11 -0.01 (-0.03%)
(As of 09:48 AM ET)

About JOYY Stock (NASDAQ:YY)

Key Stats

Today's Range
$35.81
$36.12
50-Day Range
$33.07
$37.70
52-Week Range
$27.88
$41.84
Volume
2,285 shs
Average Volume
478,857 shs
Market Capitalization
$2.06 billion
P/E Ratio
8.76
Dividend Yield
N/A
Price Target
$39.67
Consensus Rating
Hold

Company Overview

JOYY Inc., together with its subsidiaries, operates social media platforms that offer users engaging and experience across various video-based social platforms. It operates through two segments, BIGO and All Other. The company operates Bigo Live, a social live streaming platform, that provides an interactive online stage for users to host and watch live streaming sessions, share their life moments, showcase their talents, and interact with people worldwide; Likee, a short-form video social platform, which enables users to discover, create, and share short videos, with video creation tools and personalized feeds; imo, an instant messenger platform, that provides audio and video communication services; Hago, a social networking platform that offers casual games integrating social features, such as audio and video multi-user chatrooms and 3D virtual interactive party games; and Shopline, a smart commerce platform, that provides solutions and services to enable merchants in creating and growing their brands online and reach customers through various sales channels, including e-commerce platforms, social commerce, and physical retail stores. It operates in the People's Republic of China, the United States, the Great Britain, Japan, South Korea, Australia, the Middle East, Southeast Asia, and internationally. The company was formerly known as YY Inc. and changed its name to JOYY Inc. in December 2019. JOYY Inc. was founded in 2005 and is headquartered in Singapore.

JOYY Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
27th Percentile Overall Score

YY MarketRank™: 

JOYY scored higher than 27% of companies evaluated by MarketBeat, and ranked 549th out of 649 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    JOYY has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    JOYY has only been the subject of 2 research reports in the past 90 days.

  • Read more about JOYY's stock forecast and price target.
  • Earnings Growth

    Earnings for JOYY are expected to grow by 4.12% in the coming year, from $3.40 to $3.54 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of JOYY is 8.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.65.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of JOYY is 8.77, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 230.07.

  • Price to Book Value per Share Ratio

    JOYY has a P/B Ratio of 0.42. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about JOYY's valuation and earnings.
  • Percentage of Shares Shorted

    2.76% of the float of JOYY has been sold short.
  • Short Interest Ratio / Days to Cover

    JOYY has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in JOYY has recently increased by 0.90%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    JOYY does not currently pay a dividend.

  • Dividend Growth

    JOYY does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.76% of the float of JOYY has been sold short.
  • Short Interest Ratio / Days to Cover

    JOYY has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in JOYY has recently increased by 0.90%, indicating that investor sentiment is decreasing.
  • News Sentiment

    JOYY has a news sentiment score of 0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.
  • Search Interest

    Only 6 people have searched for YY on MarketBeat in the last 30 days. This is a decrease of -90% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, JOYY insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    43.00% of the stock of JOYY is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 36.83% of the stock of JOYY is held by institutions.

  • Read more about JOYY's insider trading history.
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YY Stock News Headlines

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JOYY Inc (YY) Shares Up 4.56% on Oct 22
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YY Stock Analysis - Frequently Asked Questions

JOYY's stock was trading at $39.70 at the beginning of 2024. Since then, YY shares have decreased by 9.0% and is now trading at $36.12.
View the best growth stocks for 2024 here
.

JOYY Inc. (NASDAQ:YY) issued its quarterly earnings results on Tuesday, August, 27th. The information services provider reported $1.08 earnings per share for the quarter, topping analysts' consensus estimates of $0.81 by $0.27. The information services provider earned $565.13 million during the quarter, compared to analysts' expectations of $556.82 million. JOYY had a trailing twelve-month return on equity of 4.98% and a net margin of 9.53%.

JOYY's top institutional shareholders include Point72 Hong Kong Ltd (3.17%), Krane Funds Advisors LLC (2.35%), FMR LLC (1.19%) and State Street Corp (1.13%).

Shares of YY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that JOYY investors own include Xtrackers California Municipal Bond ETF (CA), Hawkins (HWKN), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Micron Technology (MU) and Athabasca Oil (ATH).

Company Calendar

Last Earnings
8/27/2024
Today
11/21/2024
Next Earnings (Estimated)
12/04/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
Business Services
Employees
6,292
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$39.67
High Stock Price Target
$49.00
Low Stock Price Target
$35.00
Potential Upside/Downside
+9.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$301.82 million
Pretax Margin
9.01%

Debt

Sales & Book Value

Annual Sales
$2.27 billion
Cash Flow
$6.33 per share
Book Value
$86.91 per share

Miscellaneous

Free Float
32,553,000
Market Cap
$2.06 billion
Optionable
Optionable
Beta
0.25
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This page (NASDAQ:YY) was last updated on 11/21/2024 by MarketBeat.com Staff
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