There Is Still Room For iQIYI Inc ADR (IQ) to Improve Its Value – Let’s Wait for Clarity

The price of iQIYI Inc ADR (NASDAQ: IQ) closed at $4.10 in the last session, up 0.24% from day before closing price of $4.09. On the day, 7366372 shares were traded.

Ratios:

We take a closer look at IQ’s different ratios to gain a better understanding of the stock. 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:

As of this moment, iQIYI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.65, and their Forward P/E ratio for the next fiscal year is 7.09. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 1.26.

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.

Shares 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 60.83% stake in the company.

Earnings Estimates

The company has IQD/USD analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $0.00, with high estimates of $35.91 and low estimates of $73.14.

EPS for the following year is $Currency, with Currency analysts recommending between $Stocks and $Stocks.

Most Popular

[the_ad id="945"]