DouYu International Holdings Limited (NASDAQ: DOYU) is -13.38% lower on its value in year-to-date trading and has touched a low of $6.90 and a high of $20.54 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 DOYU stock was last observed hovering at around $10.49 in the last trading session, with the day’s loss setting it -0.91% off its average median price target of $77.87 for the next 12 months. It is also 90.44% off the consensus price target high of $100.25 offered by 7 analysts, but current levels are 85.43% higher than the price target low of $65.73 for the same period.
Currently trading at $9.58, the stock is -6.91% and -22.68% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.62 million and changing -8.67% at the moment leaves the stock -29.17% off its SMA200. DOYU registered 28.07% gain for a year compared to 6-month loss of -37.10%. The firm has a 50-day simple moving average (SMA 50) of $13.75 and a 200-day simple moving average (SMA200) of $13.58.
The stock witnessed a -6.17% gain in the last 1 month and extending the period to 3 months gives it a -27.53%, and is -4.10% 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 4.70% over the week and 4.82% over the month.
DouYu International Holdings Limited (DOYU) has around 1948 employees, a market worth around $2.89B and $1.48B in sales. Current P/E ratio is 42.58 and Fwd P/E is 26.25. Profit margin for the company is 6.20%. Distance from 52-week low is 38.84% and -53.36% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.80%).
DouYu International Holdings Limited (DOYU) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for DouYu International Holdings Limited (DOYU) is a “Overweight”. 7 analysts offering their recommendations for the stock have an average rating of 2.60, where 5 rate it as a Hold and 0 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
DouYu International Holdings Limited is expected to release its quarterly report on 08/17/2021 and quarterly earnings per share for the current quarter are estimated at -$0.05 with sales reaching $334.96M over the same period.The EPS is expected to grow by 104.60% this year, but quarterly earnings will post 7.30% year-over-year. Quarterly sales are estimated to grow 3.00% in year-over-year returns.
DouYu International Holdings Limited (DOYU) Top Institutional Holders
214 institutions hold shares in DouYu International Holdings Limited (DOYU), with 5.73M shares held by insiders accounting for 1.78% while institutional investors hold 31.49% of the company’s shares. The shares outstanding are 320.01M, and float is at 314.31M with Short Float at 1.95%. Institutions hold 30.93% of the Float.
The top institutional shareholder in the company is FIL LTD with over 12.9 million shares valued at $142.64 million. The investor’s holdings represent 4.06% of the DOYU Shares outstanding. As of Dec 30, 2020, the second largest holder is UBS Group AG with 5.77 million shares valued at $63.85 million to account for 1.82% of the shares outstanding. The other top investors are FMR, LLC which holds 5.24 million shares representing 1.65% and valued at over $57.91 million, while Blackrock Inc. holds 1.26% of the shares totaling 4.0 million with a market value of $44.23 million.