JOYY (YY) Stock Price, News & Analysis

$33.22
+0.42 (+1.28%)
(As of 02:01 PM ET)
Today's Range
$32.62
$33.36
50-Day Range
$29.49
$34.93
52-Week Range
$24.12
$43.20
Volume
187,130 shs
Average Volume
681,609 shs
Market Capitalization
$2.06 billion
P/E Ratio
6.68
Dividend Yield
2.11%
Price Target
$42.00

JOYY MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
28.4% Upside
$42.00 Price Target
Short Interest
Healthy
3.84% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
3.64%
From $3.57 to $3.70 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.93 out of 5 stars

Computer And Technology Sector

184th out of 591 stocks

Data Processing & Preparation Industry

12th out of 60 stocks

YY stock logo

About JOYY Stock (NASDAQ:YY)

JOYY Inc., together with its subsidiaries, operates social media platforms that offer users engaging and experience across various video-based social platforms. The company operates Bigo Live, a social live streaming platform that allows users to live stream specific moments, such as showcase talents, socialize, and connect with other users worldwide; Likee, a short-form video social platform that focuses on enabling users to create short-form video; Hago, a multiuser social networking platform that provides casual games; imo, an instant messaging application with functions, including video calls and other communication tools, such as group calls, document sharing, etc.; and Shopline, a smart commerce enabler that provides an integrated omnichannel platform for merchants to create and grow brands online and reach customers. 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.

YY Stock Price History

YY Stock News Headlines

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JOYY Stock: Pros And Cons Of Investing Now
JOYY Full Year 2023 Earnings: EPS Beats Expectations
JOYY Inc. (NASDAQ:YY) Q4 2023 Earnings Call Transcript
Incredible Opportunity to Retire FAST!
A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.
Core & Main, Caleres And 3 Stocks To Watch Heading Into Tuesday
JOYY Turns To Profit In Q4
YY Apr 2024 50.000 call
YY Apr 2024 35.000 put
Earnings Outlook For JOYY
See More Headlines
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Company Calendar

Last Earnings
3/18/2024
Today
4/23/2024
Next Earnings (Estimated)
6/04/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
N/A
Employees
6,681
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$42.00
High Stock Price Target
$49.00
Low Stock Price Target
$35.00
Potential Upside/Downside
+28.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$301.82 million
Pretax Margin
12.70%

Debt

Sales & Book Value

Annual Sales
$2.27 billion
Cash Flow
$4.78 per share
Book Value
$85.33 per share

Miscellaneous

Free Float
35,335,000
Market Cap
$2.03 billion
Optionable
Optionable
Beta
0.38
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YY Stock Analysis - Frequently Asked Questions

Should I buy or sell JOYY stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for JOYY in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" YY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in YY, but not buy additional shares or sell existing shares.
View YY analyst ratings
or view top-rated stocks.

What is JOYY's stock price target for 2024?

3 brokerages have issued twelve-month target prices for JOYY's stock. Their YY share price targets range from $35.00 to $49.00. On average, they predict the company's share price to reach $42.00 in the next twelve months. This suggests a possible upside of 28.4% from the stock's current price.
View analysts price targets for YY
or view top-rated stocks among Wall Street analysts.

How have YY shares performed in 2024?

JOYY's stock was trading at $39.70 at the beginning of the year. Since then, YY stock has decreased by 17.6% and is now trading at $32.72.
View the best growth stocks for 2024 here
.

When is JOYY's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 4th 2024.
View our YY earnings forecast
.

How were JOYY's earnings last quarter?

JOYY Inc. (NASDAQ:YY) posted its quarterly earnings results on Monday, March, 18th. The information services provider reported $0.77 earnings per share for the quarter, beating analysts' consensus estimates of $0.64 by $0.13. The information services provider earned $569.84 million during the quarter, compared to analyst estimates of $572.51 million. JOYY had a net margin of 13.31% and a trailing twelve-month return on equity of 5.13%. During the same period last year, the business earned $0.49 earnings per share.

How often does JOYY pay dividends? What is the dividend yield for JOYY?

JOYY announced a quarterly dividend on Thursday, September 7th. Shareholders of record on Tuesday, September 26th will be paid a dividend of $0.20 per share on Friday, October 13th. This represents a $0.80 dividend on an annualized basis and a yield of 2.44%. The ex-dividend date of this dividend is Monday, September 25th.
Read our dividend analysis for YY
.

Is JOYY a good dividend stock?

JOYY (NASDAQ:YY) pays an annual dividend of $0.70 per share and currently has a dividend yield of 2.19%. The dividend payout ratio is 14.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, YY will have a dividend payout ratio of 18.92% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for YY.

What guidance has JOYY issued on next quarter's earnings?

JOYY issued an update on its first quarter 2024 earnings guidance on Tuesday, March, 19th. The company provided EPS guidance of for the period. The company issued revenue guidance of $543.0 million-$560.0 million, compared to the consensus revenue estimate of $579.5 million.

What other stocks do shareholders of JOYY own?
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.

This page (NASDAQ:YY) was last updated on 4/23/2024 by MarketBeat.com Staff

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