267 institutions hold shares in HUYA Inc. (HUYA), with 5.61M shares held by insiders accounting for 2.38% while institutional investors hold 124.06% of the company’s shares. The shares outstanding are 230.01M, and float is at 80.96M with Short Float at 32.77%. Institutions hold 121.11% of the Float.
The top institutional shareholder in the company is Morgan Stanley with over 22.1 million shares valued at $440.37 million. The investor’s holdings represent 26.64% of the HUYA Shares outstanding. As of Dec 30, 2020, the second largest holder is ARK Investment Management, LLC with 11.6 million shares valued at $231.21 million to account for 13.99% of the shares outstanding. The other top investors are Capital World Investors which holds 4.56 million shares representing 5.50% and valued at over $90.94 million, while FIL LTD holds 5.21% of the shares totaling 4.32 million with a market value of $86.17 million.
HUYA Inc. (NYSE: HUYA) is -1.96% lower on its value in year-to-date trading and has touched a low of $14.50 and a high of $36.33 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HUYA stock was last observed hovering at around $19.48 in the last trading session, with the day’s gains setting it 0.06% off its average median price target of $156.24 for the next 12 months. It is also 91.17% off the consensus price target high of $221.34 offered by 13 analysts, but current levels are 82.5% higher than the price target low of $111.65 for the same period.
Currently trading at $19.54, the stock is -17.74% and -24.57% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.99 million and changing 0.31% at the moment leaves the stock -17.17% off its SMA200. HUYA registered 17.01% gain for a year compared to 6-month gain of -18.41%. The firm has a 50-day simple moving average (SMA 50) of $25.48 and a 200-day simple moving average (SMA200) of $23.35.
The stock witnessed a -25.70% loss in the last 1 month and extending the period to 3 months gives it a -2.15%, and is -7.31% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.51% over the week and 6.63% over the month.
HUYA Inc. (HUYA) has around 1864 employees, a market worth around $4.59B and $1.67B in sales. Current P/E ratio is 34.58 and Fwd P/E is 17.29. Profit margin for the company is 6.10%. Distance from 52-week low is 34.76% and -46.22% from its 52-week high. The company has generated returns on investments over the last 12 months (1.90%).
HUYA Inc. (HUYA) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for HUYA Inc. (HUYA) is a “Overweight”. 13 analysts offering their recommendations for the stock have an average rating of 2.50, where 6 rate it as a Hold and 0 think it is a “Overweight”. 6 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
HUYA Inc. is expected to release its quarterly report on 08/17/2021 and quarterly earnings per share for the current quarter are estimated at $0.16 with sales reaching $406.3M over the same period.The EPS is expected to grow by 113.40% this year, but quarterly earnings will post 14.90% year-over-year. Quarterly sales are estimated to grow 17.80% in year-over-year returns.