As of close of business last night, iQIYI Inc ADR’s stock clocked out at $3.95, down -0.75% from its previous closing price of $3.98. In other words, the price has decreased by -$0.0300 from its previous closing price. On the day, 5446692 shares were traded.
Ratios:
To gain a deeper understanding of IQ’s stock, we examine 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 3.81B and an Enterprise Value of 5.21B. As of this moment, iQIYI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.11, and their Forward P/E ratio for the next fiscal year is 6.80. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46 while its Price-to-Book (P/B) ratio in mrq is 1.22. Its current Enterprise Value per Revenue stands at 0.16 whereas that against EBITDA is 0.30.
Stock Price History:
The Beta on a monthly basis for IQ is 0.25, which has changed by -42.92% over the last 52 weeks, in comparison to a change of 31.54% over the same period for the S&P500. Over the past 52 weeks, IQ has reached a high of $7.51, while it has fallen to a 52-week low of $3.06. The 50-Day Moving Average of the stock is 3.7373, while the 200-Day Moving Average is calculated to be 4.6654.
Shares Statistics:
It appears that IQ traded 8.93M shares on average per day over the past three months and 7.53M shares per day over the past ten days. 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 60.32% stake in the company. Shares short for IQ as of Feb 29, 2024 were 46.47M with a Short Ratio of 5.21, compared to 42.43M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.86% and a Short% of Float of 5.01%.
Earnings Estimates
As of right now, 4 analysts gave their recommendation on the stock of the company. 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 $0.08, with high estimates of $0.08 and low estimates of $0.07.
Analysts are recommending an EPS of between $0.46 and $0.32 for the fiscal current year, implying an average EPS of $0.41. EPS for the following year is $0.52, with 11 analysts recommending between $0.61 and $0.47.
Revenue Estimates
In the current quarter, 11 analysts expect revenue to total $1.1B. It ranges from a high estimate of $1.1B to a low estimate of $1.09B. As of the current estimate, iQIYI Inc ADR’s year-ago sales were $1.17B, an estimated decrease of -5.70% from the year-ago figure. For the next quarter, 10 analysts are estimating revenue of $1.15B, an increase of 8.20% over than the figure of -$5.70% in the same quarter last year. There is a high estimate of $1.2B for the next quarter, whereas the lowest estimate is $1.12B.
A total of 22 analysts have provided revenue estimates for IQ’s current fiscal year. The highest revenue estimate was $4.94B, while the lowest revenue estimate was $4.58B, resulting in an average revenue estimate of $4.79B. In the same quarter a year ago, actual revenue was $4.48B, up 6.80% from the average estimate. Based on 19 analysts’ estimates, the company’s revenue will be $5.1B in the next fiscal year. The high estimate is $5.32B and the low estimate is $4.84B. The average revenue growth estimate for next year is up 6.50% from the average revenue estimate for this year.
