News coverage about YY (NASDAQ:YY) has been trending somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. YY earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned news articles about the information services provider an impact score of 46.062853583103 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the headlines that may have impacted Accern’s scoring:
- ON Semiconductor’s (ON) Q3 Earnings Up Y/Y, Revenues Beat (msn.com)
- Neuropeptide Y Receptor Market by Product and by Application, 2023 (sbwire.com)
- Microchip’s (MCHP) Q2 Earnings Beat Estimates,Sales Up Y/Y (nasdaq.com)
- Connecture (CNXR) versus YY (YY) Financial Analysis (americanbankingnews.com)
- YY Inc. (YY) to Release Earnings on Tuesday (americanbankingnews.com)
YY has been the topic of a number of analyst reports. BidaskClub raised shares of YY from a “buy” rating to a “strong-buy” rating in a report on Thursday, July 20th. ValuEngine cut shares of YY from a “strong-buy” rating to a “buy” rating in a research note on Monday, August 7th. Citigroup Inc. raised their target price on shares of YY to $100.00 and gave the company a “buy” rating in a research note on Friday, August 11th. HSBC Holdings plc restated a “buy” rating and set a $89.00 price objective (up previously from $65.00) on shares of YY in a research report on Friday, August 11th. Finally, Deutsche Bank AG reiterated a “buy” rating and issued a $100.00 target price (up from $69.00) on shares of YY in a report on Friday, August 11th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and eleven have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $74.82.
YY (NASDAQ:YY) traded down $1.75 on Friday, reaching $88.90. The company had a trading volume of 550,900 shares, compared to its average volume of 1,228,863. The company has a market cap of $5,081.39, a PE ratio of 17.10, a PEG ratio of 0.99 and a beta of 1.17. YY has a twelve month low of $37.81 and a twelve month high of $97.59.
YY (NASDAQ:YY) last released its quarterly earnings data on Thursday, August 10th. The information services provider reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.34 by $0.19. YY had a return on equity of 39.07% and a net margin of 22.08%. The company had revenue of $384.85 million for the quarter, compared to analyst estimates of $366.35 million. During the same period in the previous year, the company posted $0.90 EPS. The firm’s revenue for the quarter was up 28.9% compared to the same quarter last year. sell-side analysts predict that YY will post 5.76 EPS for the current year.
YY Company Profile
YY Inc (YY) is a social platform that engages users in real-time online group activities through voice, video and text on personal computers and mobile devices. The Company’s segments include YY IVAS and others, Huya broadcasting, and 100 Education. YY enables users to create and organize groups of varying sizes to discover and participate in a range of online activities, including music shows, online games, dating shows, live game broadcasting and e-learning.
Receive News & Ratings for YY Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for YY Inc. and related companies with MarketBeat.com's FREE daily email newsletter.