Does Earnings Surprise History Hold Any Clue for HUYA (NYSE:HUYA)

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Earnings results for HUYA (NYSE:HUYA)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has remained the same over the past week at 0.08 and decreased over the past month from 0.12 to 0.08(33.33%). Of the 2 analysts making quarterly forecasts, none raised and 0 lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has remained the same over the past week at 0.51 and decreased over the past month from 0.52 to 0.51(1.92%). Of the 1 analysts making yearly forecasts, none raised and 1 lowered their forecast.

HUYA last issued its earnings data on May 20th, 2020. The reported $1.12 earnings per share for the quarter, beating the consensus estimate of $0.11 by $1.01. The company earned $2.41 billion during the quarter, compared to the consensus estimate of $2.39 billion. Its revenue was up 47.8% compared to the same quarter last year. HUYA has generated $0.29 earnings per share over the last year and currently has a price-to-earnings ratio of 68.7. HUYA has confirmed that its next quarterly earnings report will be published on Tuesday, August 11th, 2020.

Analyst Opinion on HUYA (NYSE:HUYA)

10 Wall Street analysts have issued ratings and price targets for HUYA in the last 12 months. Their average twelve-month price target is $22.57, suggesting that the stock has a possible downside of 6.11%. The high price target for HUYA is $29.00 and the low price target for HUYA is $17.00. There are currently 2 hold ratings and 8 buy ratings for the stock, resulting in a consensus rating of “Buy.”

HUYA has received a consensus rating of Buy. The company’s average rating score is 2.80, and is based on 8 buy ratings, 2 hold ratings, and no sell ratings. According to analysts’ consensus price target of $22.57, HUYA has a potential downside of 6.1% from its current price of $24.04. HUYA has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: HUYA (NYSE:HUYA)

HUYA does not currently pay a dividend. HUYA does not have a long track record of dividend growth.

Insiders buying/selling: HUYA (NYSE:HUYA)

In the past three months, HUYA insiders have not sold or bought any company stock. Only 26.25% of the stock of HUYA is held by institutions.

Earnings and Valuation of HUYA (NYSE:HUYA

Earnings for HUYA are expected to grow by 86.27% in the coming year, from $0.51 to $0.95 per share. The P/E ratio of HUYA is 68.69, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.67. The P/E ratio of HUYA is 68.69, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 38.82. HUYA has a P/B Ratio of 4.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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