YY (YY) Receiving Somewhat Positive Press Coverage, Study Shows

News headlines about YY (NASDAQ:YY) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, 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 media stories about the information services provider an impact score of 46.1033951258499 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the news articles that may have effected Accern’s rankings:

Shares of YY (NASDAQ:YY) opened at 88.74 on Monday. YY has a 12 month low of $37.81 and a 12 month high of $94.00.

YY (NASDAQ:YY) last released its quarterly earnings results on Thursday, August 10th. The information services provider reported $1.53 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.34 by $0.19. The firm had revenue of $384.85 million during the quarter, compared to the consensus estimate of $366.35 million. YY had a net margin of 22.08% and a return on equity of 39.07%. The company’s revenue for the quarter was up 28.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.90 earnings per share. Equities research analysts expect that YY will post $6.09 EPS for the current fiscal year.

A number of research firms have commented on YY. Citigroup Inc. boosted their price target on YY to $100.00 and gave the stock a “buy” rating in a report on Friday, August 11th. BidaskClub raised YY from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 9th. ValuEngine raised YY from a “buy” rating to a “strong-buy” rating in a report on Wednesday, September 6th. Goldman Sachs Group, Inc. (The) started coverage on YY in a report on Wednesday, August 30th. They issued a “buy” rating and a $101.00 price target for the company. Finally, Bank of America Corporation boosted their price target on YY from $89.00 to $101.00 and gave the stock a “buy” rating in a report on Monday, October 2nd. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $74.25.

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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.

Insider Buying and Selling by Quarter for YY (NASDAQ:YY)

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