Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $2.6 in the prior trading day, iQIYI Inc ADR (NASDAQ: IQ) closed at $2.68, up 3.08%. In other words, the price has increased by $3.08 from its previous closing price. On the day, 11.75 million shares were traded. IQ stock price reached its highest trading level at $2.69 during the session, while it also had its lowest trading level at $2.57.
Ratios:
Our goal is to gain a better understanding of IQ by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.42 and its Current Ratio is at 0.42. In the meantime, Its Debt-to-Equity ratio is 1.07 whereas as Long-Term Debt/Eq ratio is at 0.70.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 25 ’24 when Wang Xiaohui bought 35,000 shares for $1.95 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IQ now has a Market Capitalization of 2580729856 and an Enterprise Value of 28260589568. As of this moment, iQIYI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 212.70, and their Forward P/E ratio for the next fiscal year is 18.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.37 while its Price-to-Book (P/B) ratio in mrq is 1.37. Its current Enterprise Value per Revenue stands at 1.021 whereas that against EBITDA is 3.233.
Stock Price History:
The Beta on a monthly basis for IQ is -0.12, which has changed by 0.09836066 over the last 52 weeks, in comparison to a change of 0.1675967 over the same period for the S&P500. Over the past 52 weeks, IQ has reached a high of $3.35, while it has fallen to a 52-week low of $1.50. The 50-Day Moving Average of the stock is 20.20%, while the 200-Day Moving Average is calculated to be 29.91%.
Shares Statistics:
The stock has traded on average 21.33M shares per day over the past 3-months and 16205460 shares per day over the last 10 days, according to various share statistics. A total of 528.40M shares are outstanding, with a floating share count of 527.39M. Insiders hold about 0.19% of the company’s shares, while institutions hold 42.24% stake in the company. Shares short for IQ as of 1756425600 were 89137473 with a Short Ratio of 4.18, compared to 1753920000 on 66749005. Therefore, it implies a Short% of Shares Outstanding of 89137473 and a Short% of Float of 17.26.
Earnings Estimates
The firm’s stock currently is rated by 7.0 analysts. The consensus estimate for the next quarter is $0.09, with high estimates of $0.21 and low estimates of $0.0.
Analysts are recommending an EPS of between $0.65 and $0.14 for the fiscal current year, implying an average EPS of $0.37. EPS for the following year is $1.14, with 16.0 analysts recommending between $1.85 and $0.13.
Revenue Estimates
13 analysts predict $6.55B in revenue for the current quarter. It ranges from a high estimate of $6.66B to a low estimate of $5.56B. As of the current estimate, iQIYI Inc ADR’s year-ago sales were $7.25BFor the next quarter, 13 analysts are estimating revenue of $6.69B. There is a high estimate of $7.02B for the next quarter, whereas the lowest estimate is $6.37B.
A total of 20 analysts have provided revenue estimates for IQ’s current fiscal year. The highest revenue estimate was $27.5B, while the lowest revenue estimate was $25.75B, resulting in an average revenue estimate of $27.14B. In the same quarter a year ago, actual revenue was $29.23BBased on 21 analysts’ estimates, the company’s revenue will be $28.29B in the next fiscal year. The high estimate is $30.9B and the low estimate is $26.72B.
