Somewhat Favorable Media Coverage Somewhat Unlikely to Affect YY (NASDAQ:YY) Share Price

News articles about YY (NASDAQ:YY) have been trending somewhat positive on Sunday, Accern reports. Accern ranks the sentiment of press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. YY earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave media stories about the information services provider an impact score of 45.3329721429683 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

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

Shares of YY (NASDAQ:YY) opened at $135.23 on Friday. YY has a 12 month low of $40.17 and a 12 month high of $135.46. The company has a market capitalization of $8,524.90, a price-to-earnings ratio of 23.08, a P/E/G ratio of 1.05 and a beta of 1.20.

YY (NASDAQ:YY) last released its quarterly earnings results on Tuesday, November 14th. The information services provider reported $1.59 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.54 by $0.05. YY had a return on equity of 34.26% and a net margin of 22.23%. The firm had revenue of $464.78 million for the quarter, compared to the consensus estimate of $425.44 million. During the same quarter last year, the business posted $1.08 EPS. The company’s revenue for the quarter was up 53.4% on a year-over-year basis.

A number of research analysts have commented on YY shares. Vetr lowered YY from a “buy” rating to a “hold” rating and set a $82.17 price objective on the stock. in a research report on Monday, September 25th. Bank of America increased their price target on YY from $89.00 to $101.00 and gave the company a “buy” rating in a research note on Monday, October 2nd. ValuEngine downgraded YY from a “strong-buy” rating to a “buy” rating in a research note on Monday, October 2nd. Zacks Investment Research downgraded YY from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 17th. Finally, BidaskClub downgraded YY from a “strong-buy” rating to a “buy” rating in a research note on Friday, October 27th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and fourteen have assigned a buy rating to the company’s stock. YY currently has a consensus rating of “Buy” and a consensus price target of $89.78.

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About YY

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.

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