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NASDAQ:YY

JOYY (YY) Stock Price, News & Analysis

$37.62
-0.02 (-0.05%)
(As of 11:51 AM ET)

About JOYY Stock (NASDAQ:YY)

Key Stats

Today's Range
$37.48
$38.80
50-Day Range
$32.63
$36.76
52-Week Range
$27.88
$43.20
Volume
239,790 shs
Average Volume
492,073 shs
Market Capitalization
$2.23 billion
P/E Ratio
7.08
Dividend Yield
0.51%
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
63rd Percentile Overall Score

YY MarketRank™: 

JOYY scored higher than 63% of companies evaluated by MarketBeat, and ranked 361st out of 670 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 7.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.73.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of JOYY is 7.21, 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 266.02.

  • Price to Book Value per Share Ratio

    JOYY has a P/B Ratio of 0.44. 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 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in JOYY has recently decreased by 8.94%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    JOYY has a dividend yield of 0.55%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

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

  • Dividend Coverage

    The dividend payout ratio of JOYY is 3.58%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, JOYY will have a dividend payout ratio of 5.37% next year. This indicates that JOYY will be able to sustain or increase its dividend.

  • Read more about JOYY's dividend.
  • 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 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in JOYY has recently decreased by 8.94%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    JOYY has a news sentiment score of 1.19. 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 higher news sentiment than the 0.56 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for JOYY this week, compared to 3 articles on an average week.
  • Search Interest

    Only 42 people have searched for YY on MarketBeat in the last 30 days. This is a decrease of -35% compared to the previous 30 days.
  • MarketBeat Follows

    1 people have added JOYY to their MarketBeat watchlist in the last 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

JOYY Inc DRC (YYm)
Analyzing D-Wave Quantum (NYSE:QBTS) and JOYY (NASDAQ:YY)
The Great AI Election of 2024
Former House Speaker Nancy Pelosi made 20 times her salary trading Nvidia (NVDA) stock. A recent report out of Pricewaterhouse Coopers found that U.S. congressmen and women have invested millions of their personal funds into the country's most popular AI stocks since early 2023.
JOYY Inc (YY) Trading 3.39% Higher on Sep 19
JOYY (YY) Receives a Hold from Benchmark Co.
See More Headlines

YY Stock Analysis - Frequently Asked Questions

JOYY's stock was trading at $39.70 at the start of the year. Since then, YY shares have decreased by 3.6% and is now trading at $38.27.
View the best growth stocks for 2024 here
.

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

Top institutional shareholders of JOYY include Point72 Hong Kong Ltd (5.10%), Krane Funds Advisors LLC (2.38%), Canada Pension Plan Investment Board (1.23%) and Point72 Asset Management L.P. (1.08%).

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), BlackRock (BLK), Endologix (ELGX), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH) and Aegean Marine Petroleum Network (ANW).

Company Calendar

Last Earnings
8/27/2024
Today
9/27/2024
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
+5.4%
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
$6.48 per share
Book Value
$86.91 per share

Miscellaneous

Free Float
33,812,000
Market Cap
$2.23 billion
Optionable
Optionable
Beta
0.24
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This page (NASDAQ:YY) was last updated on 9/27/2024 by MarketBeat.com Staff
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