Core Viewpoint - HUYA Inc. has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates - The Zacks Consensus Estimate for HUYA indicates expected earnings of $0.20 per share for the fiscal year ending December 2024, reflecting a year-over-year increase of 185.7% [8]. - Over the past three months, analysts have raised their earnings estimates for HUYA by 1.6% [8]. Zacks Rating System - The Zacks rating system is based on earnings estimate revisions, which have shown a strong correlation with near-term stock price movements [4][6]. - The system classifies stocks into five groups, with Zacks Rank 1 (Strong Buy) stocks historically generating an average annual return of +25% since 1988 [7]. Market Implications - The upgrade to Zacks Rank 2 places HUYA in the top 20% of Zacks-covered stocks, suggesting potential for higher stock prices in the near term due to improved earnings outlook [10]. - Rising earnings estimates and the corresponding rating upgrade imply an enhancement in HUYA's underlying business, which could lead to increased investor interest and stock price appreciation [5].

The price trend for HUYA Inc. Sponsored ADR (HUYA) has been bearish lately and the stock has lost 7.1% over the past two weeks. However, the formation of a hammer chart pattern in its last trading session indicates that the stock could witness a trend reversal soon, as bulls might have gained significant control over the price to help it find support.While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall ...

I published my investment thesis on HUYA Inc. (NYSE: HUYA ) in August of this year. My thesis was largely based on HUYA's positive fundamental trends and extremely shareholder-friendly capital allocation policies. Since I initiated my "buy" rating, HUYA has I am the co-founder and portfolio manager for a multi-family office with a focus on U.S and Asia markets. I have a bachelor's and master's degree in accounting and finance from one of the top programs in the U.S. I am a CFA Charterholder. Prior to starti ...

Astrada Advisors delivers actionable recommendations that enhance portfolio performance and uncover alpha opportunities, supported by a strong track record in investment research at leading global investment banks. With expertise spanning technology, media, internet, and consumer sectors in North America and Asia, Astrada Advisors excels in identifying high-potential investments and navigating complex industries.Leveraging extensive local and global experience, Astrada Advisors offers a unique perspective o ...

财务模型更新 | 互联网行业 浦银国际研究 浦银国际 财务模型更新 虎牙 股价表现 （HUYA.US） 资料来源：Bloomberg、浦银国际 虎牙（HUYA.US）：直播业务短期 承压，新业务保持强劲 业绩略优于预期：公司 3Q24 收入为人民币 15.4 亿元，同比下降 7.6%， 环比持平，高于市场预期 1.4%。其中直播收入为 11.3 亿元，同比下降 26%，主要是行业疲软以及公司战略调整所致；平台移动 MAU 环比微 增至 8,400 万，季度付费用户同比增长 9.5%至 460 万，主要受游戏相 关服务驱动。受直播收入下滑影响，公司毛利率同比下降 1.4pp 至 13.2%。公司保持审慎的运营策略，经营费用环比平稳，经营亏损 0.32 亿元。调整后净利润为 0.78 亿元，高于市场预期的 0.64 亿元；调整后 净利率为 5.1%。截至三季度末，回购计划额度剩余约 0.39 亿美元。 游戏相关服务加速增长：3Q24 游戏相关服务、广告及其他收入为 4.1 亿元，同比增长 209%，环比增长 33%，收入贡献占比进一步提升至 27%，主要受益于公司加强与腾讯等游戏公司合作，推动游戏发行、广 告服务 ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:UBS Group AG (UBS) : This financial holding company has seen the Zacks Consensus Estimate for its current year earnings increasing 18.9% over the last 60 days.Kingstone Companies, Inc. (KINS) : This property and casualty insurance company has seen the Zacks Consensus Estimate for its current year earnings increasing 36% over the last 60 days.HUYA Inc. (HUYA) : This live-streaming company has seen the Zacks Consensus Estimate for its cur ...

Here are three stocks with buy rank and strong value characteristics for investors to consider today, November 13: UBS Group AG (UBS) : This financial holding company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.9% over the last 60 days. UBS Group has a price-to-earnings ratio (P/E) of 22.52 compared with 24.30 for the S&P. The company possesses a Value Scoreof A. Kingstone Companies, Inc. (KINS) : This property and casualty insurance co ...

A downtrend has been apparent in HUYA Inc. Sponsored ADR (HUYA) lately with too much selling pressure. The stock has declined 21.8% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround. Guide to Identifying Oversold Stocks We use Relative Strength Index (RSI), one of the most commonly used technical indi ...

HUYA Inc. (NYSE:HUYA) Q3 2024 Earnings Conference Call November 12, 2024 7:00 AM ET Company Participants Hanyu Liu - IR Junhong Huang - Acting Co-CEO & SVP Raymond Lei - Co-CEO and CFO Conference Call Participants Nelson Cheung - Citi Thomas Chong - Jefferies Lei Zhang - Bank of America Merrill Lynch Cheng Hao Lin - CICC Hanyu Liu [Call Starts Abruptly] …that today's webinar is being recorded. The company's financial and operational results were issued earlier today and are posted online. You can also view ...

Financial Data and Key Metrics - Total net revenues for Q3 2024 were RMB1.54 billion, with live streaming revenues at RMB1.13 billion and game-related services, advertising, and other revenues at RMB410 million [27][31] - Non-GAAP net income for Q3 2024 was RMB78 million, a significant improvement from the same period last year [7][37] - Mobile MAUs improved slightly to 84 million in Q3 2024 [8] - Paying users increased by 9.5% year-over-year to 4.6 million in Q3 2024 [29] - Gross profit margin was 13.2% in Q3 2024, down from 14.6% in the same period last year [33] - Total operating expenses decreased by 20.9% year-over-year in Q3 2024 [35] Business Line Performance - Game-related services, advertising, and other revenues reached RMB410.2 million in Q3 2024, up 209.3% year-over-year and 32.9% quarter-over-quarter, contributing 26.7% of total net revenues [6][11][28] - Game distribution revenue grew significantly, with total gross receipts through Huya's distribution channel increasing to over 20 times that of the year-ago period [11][44] - In-game item sales saw strong growth, with co-branded outfit skins sales exceeding RMB50 million during an initial release event [14][46] - Game advertising responded to increased summer demand, collaborating with popular games like Arena Breakout and World of Warcraft [15][46] Market Performance - Huya's content reached over 140 million users in September 2024, including users from other platforms [9][49] - The company maintained a leading market share in viewership for major eSports events like LOL Worlds 2024, with a year-over-year increase in market share [19] - Valorant tournaments saw a 160% increase in viewership compared to the previous edition, boosting the game's popularity on the platform [16] Strategic Direction and Industry Competition - The company is focusing on enhancing game-related services, including game distribution, in-game item sales, and advertising, to diversify revenue streams [6][11][24] - Huya is strengthening collaborations with game developers and content platforms to expand its reach and explore new commercialization opportunities [10][24][48] - The company is investing in in-house content initiatives, such as self-produced eSports tournaments and entertainment shows, to create influential and commercially valuable event IPs [20][24][60] - Huya is leveraging its expertise in live streaming to introduce innovative features, such as integrating Honor of Kings bullet chatting gameplay mode, to enhance user engagement [22][23] Management Commentary on Operating Environment and Future Outlook - Despite macroeconomic challenges, the company achieved stable year-over-year operating performance and is optimistic about the growth potential of game-related services [7][24] - Management expects live streaming revenue to face short-term pressure but believes the external economic environment will improve, providing flexibility for future growth [52] - The company plans to continue optimizing content costs and operational efficiency to improve profitability, with expectations of noticeable margin improvement in Q4 2024 [56][61] Other Important Information - As of September 30, 2024, Huya had cash and cash equivalents, short-term deposits, short-term investments, and long-term deposits totaling RMB8.1 billion [38] - The company repurchased $61.1 million worth of shares and paid special cash dividends totaling approximately $400 million to shareholders in 2024 [39][66][67] Q&A Session Summary Question: Updates on game-related services and future development plans [41] - Game-related services revenue reached RMB410 million in Q3 2024, up 209.3% year-over-year, driven by game distribution, in-game item sales, and advertising [42][44][46] - Huya plans to expand distribution services for more games, deepen collaborations with game developers, and enhance broadcaster initiatives to drive user engagement [44][46] - The company sees significant growth potential in the domestic gaming market, which exceeded RMB300 billion in sales revenue in 2023 [50] Question: Drivers of Q3 margin changes and future margin trends [55] - Gross profit margin declined to 13.2% in Q3 2024 due to a decrease in live streaming revenue outpacing cost reductions [56] - The company expects margin improvement in Q4 2024, driven by cost optimization and seasonal factors, with non-GAAP results showing noticeable year-over-year growth [61] Question: Shareholder return strategy and capital allocation [63] - Huya has approximately $900 million in cash and cash deposits, with no debt, and plans to continue allocating funds for business development and shareholder returns [64][65] - The company has returned approximately $400 million to shareholders through special cash dividends in 2024 and will consider future dividend plans based on Board approval [66][67] - Share repurchases totaled $61.1 million as of September 2024, with future strategies to be based on market conditions and stock liquidity [67]