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After finishing at $4.85 in the prior trading day, iQIYI Inc ADR (NASDAQ: IQ) closed at $5.00, up 3.09%. In other words, the price has increased by $3.09 from its previous closing price. On the day, 9.16 million shares were traded. IQ stock price reached its highest trading level at $5.0986 during the session, while it also had its lowest trading level at $4.79.
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 4798315008 and an Enterprise Value of 43552444416. As of this moment, iQIYI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.86, and their Forward P/E ratio for the next fiscal year is 8.67. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.98. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58 while its Price-to-Book (P/B) ratio in mrq is 1.54. Its current Enterprise Value per Revenue stands at 1.366 whereas that against EBITDA is 4.038.
Stock Price History:
The Beta on a monthly basis for IQ is 0.23, which has changed by -0.1610738 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. Over the past 52 weeks, IQ has reached a high of $6.47, while it has fallen to a 52-week low of $3.06. The 50-Day Moving Average of the stock is 21.40%, while the 200-Day Moving Average is calculated to be 9.88%.
Shares Statistics:
The stock has traded on average 7.82M shares per day over the past 3-months and 7485800 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 61.32% stake in the company. Shares short for IQ as of 1713139200 were 51819824 with a Short Ratio of 6.63, compared to 1710460800 on 50030641. Therefore, it implies a Short% of Shares Outstanding of 51819824 and a Short% of Float of 5.47.
Earnings Estimates
At present, 4.0 analysts are actively evaluating the performance of iQIYI Inc ADR (IQ) in the stock market.On average, analysts expect EPS of $0.07 for the current quarter, with a high estimate of $0.12 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 $0.11 and low estimates of $0.07.
Analysts are recommending an EPS of between $0.49 and $0.31 for the fiscal current year, implying an average EPS of $0.41. EPS for the following year is $0.51, with 11.0 analysts recommending between $0.6 and $0.43.
Revenue Estimates
11 analysts predict $1.09B in revenue for the current quarter. It ranges from a high estimate of $1.14B to a low estimate of $1.08B. As of the current estimate, iQIYI Inc ADR’s year-ago sales were $1.17BFor the next quarter, 11 analysts are estimating revenue of $1.14B. 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 $4.88B, while the lowest revenue estimate was $4.49B, resulting in an average revenue estimate of $4.71B. In the same quarter a year ago, actual revenue was $4.4BBased on 19 analysts’ estimates, the company’s revenue will be $5.02B in the next fiscal year. The high estimate is $5.23B and the low estimate is $4.75B.
