HUYA: Priced At Cash Is As Good As It Gets
HUYA Inc.'s Q3 2024 results showed an EPS beat but revenue missed consensus, with live-streaming revenue down 26% y/y and gross margin contracting to 13.2%. China's soft macro environment and rising competition are pressuring HUYA's growth, making it a value trap rather than a value play. HUYA's valuation at 11x forward earnings is unjustified compared to Kuaishou's 9.4x, given Kuaishou's faster growth and more stable industry position.
New Strong Buy Stocks for November 13th
UBS, KINS, HUYA, PAYO and TOST have been added to the Zacks Rank #1 (Strong Buy) List on November 13, 2024.
Best Value Stocks to Buy for November 13th
UBS, KINS and HUYA made it to the Zacks Rank #1 (Strong Buy) value stocks list on November 13, 2024.
Down -21.79% in 4 Weeks, Here's Why You Should You Buy the Dip in HUYA (HUYA)
The heavy selling pressure might have exhausted for HUYA (HUYA) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
HUYA: Strategic Transformation And Special Dividend Provide Downside Protection, Upside Potential
HUYA has out-performed DOYU in China's game live-streaming market. HUYA has shown early signs of success of strategic transformation. HUYA's capital allocation provides both downside protection and upside potential for investors.
HUYA to Post Q2 Earnings: Expanding User Base to Aid Growth
HUYA's second-quarter 2024 performance is likely to have benefited from strong monthly active user growth and rapid use of its game-related services.
The 3 Best Esports Stocks to Buy in August 2024
Since the inception of video games, players have always competed. That competition has gone mainstream over the last few decades.
Is HUYA (HUYA) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
HUYA: Focus On Strategic Pivot And Share Repurchases
HUYA's pivot towards game-related services is progressing well as evidenced by the +138% YoY increase in this business' revenue for Q1. The company has spent close to $20 million on buybacks for each of the last two quarters, and I estimate a high-single digit percentage potential buyback yield for HUYA. I retain a Buy rating for HUYA, following an analysis of the company's share repurchases and strategic pivot.
HUYA: Game-Related Services To Drive The Stock Higher
HUYA's focus on increasing the monetization of its game promotion business can increase margins and drive profitable growth going forward. Improved profitability and earnings growth over the long term would likely drive the stock higher. HUYA is trading below book value, indicating plenty of upside for the stock.
Is HUYA (HUYA) Outperforming Other Computer and Technology Stocks This Year?
Here is how HUYA Inc. Sponsored ADR (HUYA) and MakeMyTrip (MMYT) have performed compared to their sector so far this year.
