YY (YY) to Release Earnings on Wednesday
YY (NYSE:YY) is scheduled to be releasing its Q313 earnings data on Wednesday, November 6th. Analysts expect YY to post earnings of $0.31 per share and revenue of $71.33 million for the quarter.
Shares of YY (NYSE:YY) opened at 54.55 on Tuesday. YY has a 1-year low of $10.50 and a 1-year high of $55.35. The stock has a 50-day moving average of $48.74 and a 200-day moving average of $36.13. The company has a market cap of $2.975 billion and a P/E ratio of 64.48.
YY has been the subject of a number of recent research reports. Analysts at Pacific Crest upgraded shares of YY from a “sector perform” rating to an “outperform” rating in a research note to investors on Thursday, September 5th. They now have a $52.00 price target on the stock. On the ratings front, analysts at JPMorgan Chase & Co. initiated coverage on shares of YY in a research note to investors on Friday, August 30th. They set an “overweight” rating and a $47.00 price target on the stock. Finally, analysts at Thomson Reuters/Verus initiated coverage on shares of YY in a research note to investors on Monday, August 12th. They set a “hold” rating on the stock. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $39.13.
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