Shares of HUYA Inc – (NYSE:HUYA) have been assigned a consensus recommendation of “Buy” from the eleven ratings firms that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and eight have issued a buy recommendation on the company. The average 12-month target price among brokers that have covered the stock in the last year is $30.86.

Several research firms have recently commented on HUYA. Jefferies Financial Group began coverage on shares of HUYA in a research report on Tuesday, May 14th. They issued a “buy” rating and a $28.00 target price for the company. Credit Suisse Group set a $29.00 target price on shares of HUYA and gave the stock a “buy” rating in a research report on Tuesday, March 5th. Tigress Financial began coverage on shares of HUYA in a research report on Friday, April 26th. They issued a “buy” rating for the company. Finally, UBS Group raised shares of HUYA from a “neutral” rating to a “buy” rating and set a $31.00 target price for the company in a research report on Wednesday, May 8th.

HUYA traded down $2.12 during trading on Friday, hitting $19.53. 5,374,946 shares of the stock traded hands, compared to its average volume of 3,102,479. The stock has a market capitalization of $4.06 billion and a P/E ratio of 195.25. HUYA has a 12-month low of $14.44 and a 12-month high of $50.82.

HUYA (NYSE:HUYA) last announced its quarterly earnings results on Monday, March 4th. The company reported $0.07 earnings per share for the quarter. The business had revenue of $218.88 million during the quarter. HUYA had a negative net margin of 35.91% and a positive return on equity of 4.67%. On average, analysts predict that HUYA will post 0.3 earnings per share for the current fiscal year.

Large investors have recently bought and sold shares of the company. Ladenburg Thalmann Financial Services Inc. increased its stake in shares of HUYA by 80.4% in the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,133 shares of the company’s stock worth $32,000 after acquiring an additional 505 shares in the last quarter. Legal & General Group Plc bought a new position in shares of HUYA in the 3rd quarter worth about $35,000. Daiwa Securities Group Inc. increased its stake in shares of HUYA by 44.1% in the 1st quarter. Daiwa Securities Group Inc. now owns 2,940 shares of the company’s stock worth $83,000 after acquiring an additional 900 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its stake in shares of HUYA by 200.0% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,000 shares of the company’s stock worth $46,000 after acquiring an additional 2,000 shares in the last quarter. Finally, Wells Fargo & Company MN increased its stake in shares of HUYA by 162.7% in the 3rd quarter. Wells Fargo & Company MN now owns 4,521 shares of the company’s stock worth $107,000 after acquiring an additional 2,800 shares in the last quarter. 12.47% of the stock is owned by hedge funds and other institutional investors.

HUYA Company Profile

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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Analyst Recommendations for HUYA (NYSE:HUYA)

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