JOYY (YY) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $35.78 to $36.23
• 50-Day Range: $33.07 to $37.70
• 52-Week Range: $27.88 to $41.84
• Volume: 228,025 shs
• Average Volume: 479,856 shs
• Market Capitalization: $2.06 billion
• P/E Ratio: 8.75
• Dividend Yield: N/A
• Price Target: $39.67
• Consensus Rating: Hold

JOYY Stock Analysis - MarketRank™

JOYY scored higher than 59% of companies evaluated by MarketBeat, and ranked 548th out of 650 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

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.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 4.12%

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 8.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.72.

Price to Earnings Ratio vs. Sector

The P/E ratio of JOYY is 8.75, 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 264.04.

Price to Book Value per Share Ratio

JOYY has a P/B Ratio of 0.41. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

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

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

JOYY does not currently pay a dividend.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of JOYY is 4.61%. 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.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

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 and Social Media

• Score: 2.2 / 5
• News Sentiment: N/A

News Sentiment

JOYY has a news sentiment score of 1.00. 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 0.60 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 -89% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

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.

YY Stock Analysis - Frequently Asked Questions

How have YY shares performed this year?

JOYY's stock was trading at $39.70 at the start of the year. Since then, YY shares have decreased by 9.2% and is now trading at $36.03.
View the best growth stocks for 2024 here.

How were JOYY's earnings last quarter?

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

Who are JOYY's major shareholders?

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

How do I buy shares of JOYY?

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.

What other stocks do shareholders of JOYY own?

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: 11/22/2024
• Next Earnings (Estimated): 12/04/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Data processing & preparation
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:YY
• CUSIP: N/A
• CIK: 1530238
• Web: www.huanju.cn
• Phone: 65-6351-9330
• Fax: 86-20-8212-0887
• 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: +10.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.12
• Trailing P/E Ratio: 8.75
• Forward P/E Ratio: 10.60
• P/E Growth: N/A
• Net Income: $301.82 million
• Net Margins: 9.53%
• Pretax Margin: 9.01%
• Return on Equity: 4.98%
• Return on Assets: 3.15%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.35
• Quick Ratio: 1.35

Sales & Book Value

• Annual Sales: $2.27 billion
• Price / Sales: 0.91
• Cash Flow: $6.32 per share
• Price / Cash Flow: 5.70
• Book Value: $86.91 per share
• Price / Book: 0.41

Miscellaneous

• Outstanding Shares: 57,110,000
• Free Float: 32,553,000
• Market Cap: $2.06 billion
• Optionable: Optionable
• Beta: 0.25