Market Recap Check: iQIYI Inc ADR (IQ)’s Negative Finish at 2.27, Up/Down -3.40

Kiel Thompson

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.

The price of iQIYI Inc ADR (NASDAQ: IQ) closed at $2.27 in the last session, down -3.40% from day before closing price of $2.35. In other words, the price has decreased by -$3.40 from its previous closing price. On the day, 10.14 million shares were traded. IQ stock price reached its highest trading level at $2.3 during the session, while it also had its lowest trading level at $2.25.

Ratios:

We take a closer look at IQ’s different ratios to gain a better understanding of the stock. 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.

HSBC Securities Upgraded its Reduce to Hold on January 16, 2025, while the target price for the stock was maintained at $2.15.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 2185916672 and an Enterprise Value of 25495728128. As of this moment, iQIYI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 180.16, and their Forward P/E ratio for the next fiscal year is 15.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 1.16. Its current Enterprise Value per Revenue stands at 0.921 whereas that against EBITDA is 2.916.

Stock Price History:

The Beta on a monthly basis for IQ is -0.10, which has changed by -0.07723576 over the last 52 weeks, in comparison to a change of 0.19088471 over the same period for the S&P500. Over the past 52 weeks, IQ has reached a high of $2.84, while it has fallen to a 52-week low of $1.50. The 50-Day Moving Average of the stock is -7.72%, while the 200-Day Moving Average is calculated to be 8.21%.

Shares Statistics:

According to the various share statistics, IQ traded on average about 18.00M shares per day over the past 3-months and 10169180 shares per day over the past 10 days. 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 40.51% stake in the company. Shares short for IQ as of 1760486400 were 74320439 with a Short Ratio of 4.13, compared to 1757894400 on 94019755. Therefore, it implies a Short% of Shares Outstanding of 74320439 and a Short% of Float of 14.39.

Earnings Estimates

A detailed examination of iQIYI Inc ADR (IQ) is currently in progress, with 10.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is $0.11, with high estimates of $0.21 and low estimates of $0.0.

Analysts are recommending an EPS of between $0.45 and $0.14 for the fiscal current year, implying an average EPS of $0.28. EPS for the following year is $1.09, with 16.0 analysts recommending between $1.78 and $0.13.

Revenue Estimates

According to 15 analysts,. The current quarter’s revenue is expected to be $6.57B. It ranges from a high estimate of $6.68B 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, 15 analysts are estimating revenue of $6.65B. 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 $27.47B, while the lowest revenue estimate was $25.75B, resulting in an average revenue estimate of $27.09B. In the same quarter a year ago, actual revenue was $29.23BBased on 20 analysts’ estimates, the company’s revenue will be $28.05B in the next fiscal year. The high estimate is $29.38B and the low estimate is $26.72B.

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