After finishing at $4.48 in the prior trading day, iQIYI Inc ADR (NASDAQ: IQ) closed at $4.44, down -0.89%. In other words, the price has decreased by -$0.0400 from its previous closing price. On the day, 3414457 shares were traded.
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 0.57 and its Current Ratio is at 0.57. In the meantime, Its Debt-to-Equity ratio is 1.51 whereas as Long-Term Debt/Eq ratio is at 0.73.
On July 27, 2023, Macquarie Upgraded its rating to Neutral which previously was Underperform but kept the price unchanged to $5.12.
Credit Suisse Upgraded its Neutral to Outperform on May 17, 2023, whereas the target price for the stock was revised from $7.70 to $8.
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 4.30B and an Enterprise Value of 5.67B. As of this moment, iQIYI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.86, and their Forward P/E ratio for the next fiscal year is 7.68. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 1.37. Its current Enterprise Value per Revenue stands at 0.18 whereas that against EBITDA is 0.33.
Stock Price History:
Over the past 52 weeks, IQ has reached a high of $7.36, while it has fallen to a 52-week low of $3.06. The 50-Day Moving Average of the stock is 3.7995, while the 200-Day Moving Average is calculated to be 4.6110.
Shares Statistics:
The stock has traded on average 8.83M shares per day over the past 3-months and 6.81M shares per day over the last 10 days, according to various share statistics. A total of 525.01M shares are outstanding, with a floating share count of 524.69M. Insiders hold about 0.06% of the company’s shares, while institutions hold 60.71% stake in the company. Shares short for IQ as of Mar 15, 2024 were 50.03M with a Short Ratio of 5.67, compared to 42.56M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.21% and a Short% of Float of 5.28%.
Earnings Estimates
Its stock is currently analyzed by 4 different market analysts. On average, analysts expect EPS of $0.06 for the current quarter, with a high estimate of $0.06 and a low estimate of $0.06, while EPS last year was $0.09. The consensus estimate for the next quarter is $0.07, with high estimates of $0.08 and low estimates of $0.07.
Analysts are recommending an EPS of between $0.45 and $0.31 for the fiscal current year, implying an average EPS of $0.4. EPS for the following year is $0.52, with 11 analysts recommending between $0.6 and $0.46.
Revenue Estimates
11 analysts predict $1.08B in revenue for the current quarter. It ranges from a high estimate of $1.09B to a low estimate of $1.08B. As of the current estimate, iQIYI Inc ADR’s year-ago sales were $1.17B, an estimated decrease of -7.30% from the year-ago figure. For the next quarter, 10 analysts are estimating revenue of $1.14B, an increase of 6.40% over than the figure of -$7.30% in the same quarter last year. There is a high estimate of $1.18B for the next quarter, whereas the lowest estimate is $1.1B.
A total of 22 analysts have provided revenue estimates for IQ’s current fiscal year. The highest revenue estimate was $4.85B, while the lowest revenue estimate was $4.5B, resulting in an average revenue estimate of $4.71B. In the same quarter a year ago, actual revenue was $4.41B, up 6.80% from the average estimate. Based on 19 analysts’ estimates, the company’s revenue will be $5.01B in the next fiscal year. The high estimate is $5.23B and the low estimate is $4.76B. The average revenue growth estimate for next year is up 6.50% from the average revenue estimate for this year.
