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In the latest session, Daqo New Energy Corp ADR (NYSE: DQ) closed at $18.91 down -1.20% from its previous closing price of $19.14. In other words, the price has decreased by -$1.20 from its previous closing price. On the day, 1.49 million shares were traded. DQ stock price reached its highest trading level at $19.84 during the session, while it also had its lowest trading level at $18.59.
Ratios:
For a deeper understanding of Daqo New Energy Corp ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.32 and its Current Ratio is at 4.59. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Daiwa Securities on September 19, 2023, Downgraded its rating to Neutral and sets its target price to $32 from $45 previously.
On August 04, 2023, Nomura Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $45.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DQ now has a Market Capitalization of 1243521536 and an Enterprise Value of 5192608768. As of this moment, Daqo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.84, and their Forward P/E ratio for the next fiscal year is 4.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.62 while its Price-to-Book (P/B) ratio in mrq is 0.26. Its current Enterprise Value per Revenue stands at 2.579 whereas that against EBITDA is 9.999.
Stock Price History:
The Beta on a monthly basis for DQ is 0.32, which has changed by -0.5634124 over the last 52 weeks, in comparison to a change of 0.22379243 over the same period for the S&P500. Over the past 52 weeks, DQ has reached a high of $46.14, while it has fallen to a 52-week low of $17.30. The 50-Day Moving Average of the stock is -22.42%, while the 200-Day Moving Average is calculated to be -29.40%.
Shares Statistics:
For the past three months, DQ has traded an average of 1.33M shares per day and 962140 over the past ten days. A total of 65.70M shares are outstanding, with a floating share count of 65.63M. Insiders hold about 0.58% of the company’s shares, while institutions hold 51.53% stake in the company. Shares short for DQ as of 1713139200 were 2913900 with a Short Ratio of 2.19, compared to 1710460800 on 3530302. Therefore, it implies a Short% of Shares Outstanding of 2913900 and a Short% of Float of 6.35.
Earnings Estimates
Daqo New Energy Corp ADR (DQ) is currently under the scrutiny of 1.0 analysts, each contributing to the ongoing evaluation of its stock.On average, analysts expect EPS of -$0.24 for the current quarter, with a high estimate of -$0.24 and a low estimate of -$0.24, while EPS last year was $1.6. The consensus estimate for the next quarter is $1.83, with high estimates of $1.83 and low estimates of $1.83.
Analysts are recommending an EPS of between $7.2 and $3.15 for the fiscal current year, implying an average EPS of $4.08. EPS for the following year is $6.93, with 6.0 analysts recommending between $11.66 and $3.35.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $406.5M this quarter.It ranges from a high estimate of $406.5M to a low estimate of $406.5M. As of the current estimate, Daqo New Energy Corp ADR’s year-ago sales were $1.01BFor the next quarter, 1 analysts are estimating revenue of $546.1M. There is a high estimate of $546.1M for the next quarter, whereas the lowest estimate is $546.1M.
A total of 7 analysts have provided revenue estimates for DQ’s current fiscal year. The highest revenue estimate was $2.76B, while the lowest revenue estimate was $2B, resulting in an average revenue estimate of $2.42B. In the same quarter a year ago, actual revenue was $2.31BBased on 7 analysts’ estimates, the company’s revenue will be $2.94B in the next fiscal year. The high estimate is $3.39B and the low estimate is $2.57B.
