With 0.93 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.51 million shares. The 52-week range on YY shows that it touched its highest point at $51.82 and its lowest point at $27.88 during that stretch. It currently has a 1-year price target of $42.88. Beta for the stock currently stands at 0.24.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of YY was up-trending over the past week, with a rise of 6.26%, but this was up by 15.20% over a month. Three-month performance surged to 38.78% while six-month performance rose 41.81%. The stock gained 54.25% in the past year, while it has gained 19.71% so far this year. A look at the trailing 12-month EPS for YY yields 3.20 with Next year EPS estimates of 4.33. For the next quarter, that number is 1.25. This implies an EPS growth rate of 5.26% for this year and -0.50% for next year. EPS is expected to grow by 5.30% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 4.67%.
Float and Shares Shorts:
At present, 37.50 million YY shares are outstanding with a float of 37.49 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for YY since 5 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $33.74811 being high and $27.72146 being low. For YY, this leads to a yearly average estimate of $31.72976. Based on analyst estimates, the high estimate for the next quarter is $1.22 and the low estimate is $1.22. The average estimate for the next quarter is thus $1.22.
