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As of close of business last night, Daqo New Energy Corp ADR’s stock clocked out at $23.56, down -0.80% from its previous closing price of $23.75. In other words, the price has decreased by -$0.80 from its previous closing price. On the day, 0.85 million shares were traded. DQ stock price reached its highest trading level at $24.03 during the session, while it also had its lowest trading level at $23.25.
Ratios:
To gain a deeper understanding of DQ’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.00 and its Current Ratio is at 4.20. 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 1549305600 and an Enterprise Value of 6377881088. As of this moment, Daqo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.33, and their Forward P/E ratio for the next fiscal year is 3.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.77 while its Price-to-Book (P/B) ratio in mrq is 0.37. Its current Enterprise Value per Revenue stands at 2.763 whereas that against EBITDA is 6.815.
Stock Price History:
Over the past 52 weeks, DQ has reached a high of $48.31, while it has fallen to a 52-week low of $17.30. The 50-Day Moving Average of the stock is -2.39%, while the 200-Day Moving Average is calculated to be -13.79%.
Shares Statistics:
It appears that DQ traded 1.29M shares on average per day over the past three months and 604220 shares per day over the past ten days. A total of 74.98M shares are outstanding, with a floating share count of 74.55M. Insiders hold about 0.58% of the company’s shares, while institutions hold 44.83% stake in the company. Shares short for DQ as of 1713139200 were 2913900 with a Short Ratio of 2.26, 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
Investors are eagerly awaiting the insights provided by 1.0 analysts currently analyzing and rating the stock of Daqo New Energy Corp ADR (DQ).On average, analysts expect EPS of $0.56 for the current quarter, with a high estimate of $0.56 and a low estimate of $0.56, while EPS last year was $3.52. The consensus estimate for the next quarter is $0.8, with high estimates of $0.8 and low estimates of $0.8.
Analysts are recommending an EPS of between $7.2 and $3.15 for the fiscal current year, implying an average EPS of $4.24. EPS for the following year is $7.27, with 7.0 analysts recommending between $11.66 and $3.35.
Revenue Estimates
In the current quarter, 1 analysts expect revenue to total $491.9M. It ranges from a high estimate of $491.9M to a low estimate of $491.9M. As of the current estimate, Daqo New Energy Corp ADR’s year-ago sales were $709.83MFor the next quarter, 1 analysts are estimating revenue of $557.8M. There is a high estimate of $557.8M for the next quarter, whereas the lowest estimate is $557.8M.
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 $2.36B, resulting in an average revenue estimate of $2.51B. In the same quarter a year ago, actual revenue was $2.31BBased on 7 analysts’ estimates, the company’s revenue will be $3.05B in the next fiscal year. The high estimate is $3.4B and the low estimate is $2.57B.
