NYSE:DQ Daqo New Energy (DQ) Stock Price, News & Analysis → Trump’s “Tax Free” Retirement Strategy (From Gold Safe Exchange) (Ad) Free DQ Stock Alerts $17.93 -1.06 (-5.58%) (As of 05/10/2024 08:54 PM ET) Add Compare Share Share Today's Range$17.93▼$19.2350-Day Range$17.93▼$29.4252-Week Range$17.30▼$44.08Volume2.40 million shsAverage Volume1.24 million shsMarket Capitalization$1.18 billionP/E Ratio8.42Dividend YieldN/APrice Target$27.63 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Daqo New Energy alerts: Email Address Daqo New Energy MarketRank™ Stock AnalysisAnalyst RatingReduce1.75 Rating ScoreUpside/Downside54.1% Upside$27.63 Price TargetShort InterestHealthy4.34% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.66Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth326.53%From $0.98 to $4.18 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.31 out of 5 starsBasic Materials Sector29th out of 172 stocksSemiconductors & Related Devices Industry24th out of 89 stocks 2.9 Analyst's Opinion Consensus RatingDaqo New Energy has received a consensus rating of Reduce. The company's average rating score is 1.75, and is based on 1 buy rating, 1 hold rating, and 2 sell ratings.Amount of Analyst CoverageDaqo New Energy has only been the subject of 3 research reports in the past 90 days.Read more about Daqo New Energy's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.34% of the float of Daqo New Energy has been sold short.Short Interest Ratio / Days to CoverDaqo New Energy has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Daqo New Energy has recently decreased by 2.06%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldDaqo New Energy does not currently pay a dividend.Dividend GrowthDaqo New Energy does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DQ. Previous Next 3.7 News and Social Media Coverage News SentimentDaqo New Energy has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.41 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Daqo New Energy this week, compared to 3 articles on an average week.Search Interest8 people have searched for DQ on MarketBeat in the last 30 days. This is an increase of 14% compared to the previous 30 days.MarketBeat Follows10 people have added Daqo New Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Daqo New Energy insiders have not sold or bought any company stock.Percentage Held by Insiders24.30% of the stock of Daqo New Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions47.22% of the stock of Daqo New Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Daqo New Energy's insider trading history. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Daqo New Energy are expected to grow by 326.53% in the coming year, from $0.98 to $4.18 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Daqo New Energy is 8.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.49.Price to Earnings Ratio vs. SectorThe P/E ratio of Daqo New Energy is 8.42, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 143.48.Price to Book Value per Share RatioDaqo New Energy has a P/B Ratio of 0.19. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Daqo New Energy's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap ProfitsClaim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.Secure Your Spot Now About Daqo New Energy Stock (NYSE:DQ)Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufacturers in the People's Republic of China. Its products are used in ingots, wafers, cells, and modules for solar power solutions. The company was formerly known as Mega Stand International Limited and changed its name to Daqo New Energy Corp. in August 2009. Daqo New Energy Corp. was founded in 2006 and is based in Shanghai, the People's Republic of China.Read More DQ Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DQ Stock News HeadlinesMay 2, 2024 | marketbeat.comWall Street Believes in First Solar Stock’s Bull CycleFirst Solar stock's earnings dip is now a potential opportunity for investors. Higher oil prices may make solar a more attractive source, pushing EPS higherApril 22, 2024 | marketbeat.com3 Cheap Stocks That Shouldn’t Be So (DQ)Three stocks could become buy targets around fears that interest rate cuts won't come, these businesses bet that cuts could actually be around the corner.May 13, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.April 22, 2024 | marketbeat.com3 Cheap Stocks That Shouldn't Be SoCertain stocks fall out of favor once every business cycle, whether for actual justifiable reasons or because of plain overlooking. Markets can get busy and caught up with sectors that make the most noise, such as the U.S. technology sector, which has been taken to all-time highs by names like Nvidia Co. NASDAQ: NVDA.May 8, 2024 | americanbankingnews.comHSBC Reiterates "Reduce" Rating for Daqo New Energy (NYSE:DQ)May 7, 2024 | msn.comHSBC Downgrades Daqo New Energy - Depositary Receipt () (DQ)May 4, 2024 | finance.yahoo.comAnalysts Just Shaved Their Daqo New Energy Corp. (NYSE:DQ) Forecasts DramaticallyMay 3, 2024 | finance.yahoo.comEarnings Miss: Daqo New Energy Corp. Missed EPS By 57% And Analysts Are Revising Their ForecastsMay 13, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.May 3, 2024 | americanbankingnews.comAnalysts Set Daqo New Energy Corp. (NYSE:DQ) Target Price at $32.93May 1, 2024 | finance.yahoo.comDaqo New Energy Corp. (NYSE:DQ) Q1 2024 Earnings Call TranscriptMay 1, 2024 | finance.yahoo.comDaqo New Energy First Quarter 2024 Earnings: Misses ExpectationsApril 30, 2024 | seekingalpha.comDaqo New Energy: There May Be More Pain Ahead In The Short TermApril 30, 2024 | marketwatch.comDaqo New Energy Stock Drops After 1Q Results PlummetApril 29, 2024 | msn.comWhy Polysilicon Company Daqo New Energy's Shares Are Diving MondayApril 29, 2024 | msn.comDaqo New Energy sinks after weaker polysilicon ASPs weigh revenuesApril 29, 2024 | seekingalpha.comDaqo New Energy Corp. 2024 Q1 - Results - Earnings Call PresentationApril 29, 2024 | prnewswire.comDaqo New Energy Files Annual Report on Form 20-F for Fiscal Year 2023April 29, 2024 | markets.businessinsider.comDaqo New Energy Q1 Net Profit Tanks; Stock Down In Pre-marketApril 29, 2024 | prnewswire.comDaqo New Energy Announces Unaudited First Quarter 2024 ResultsApril 20, 2024 | seekingalpha.comDaqo New Energy Remains Too Cheap To Ignore - Bullish Support Is HereApril 16, 2024 | finance.yahoo.comDaqo New Energy to Announce Unaudited Results for the First Quarter of 2024 on April, 29, 2024April 6, 2024 | investorplace.comThe Underdog Uprising: 3 Stocks Ready to Defy Expectations and SoarApril 3, 2024 | seekingalpha.comDaqo New Energy: An Opportunity To Buy The Company For Cents On The DollarApril 1, 2024 | finance.yahoo.comDaqo New Energy's Subsidiary Xinjiang Daqo Proposes 2023 Cash Dividend for Approval at Its Annual Shareholders' MeetingMarch 27, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Daqo New Energy Corp. - DQMarch 19, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Daqo New Energy Corp. - DQSee More Headlines Receive DQ Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Daqo New Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/29/2024Today5/12/2024Next Earnings (Estimated)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBasic Materials Industry Semiconductors & related devices Sub-IndustryN/A Current SymbolNYSE:DQ CUSIPN/A CIK1477641 Webwww.dqsolar.com Phone862150752918Fax86-21-5836-7021Employees4,099Year Founded2007Price Target and Rating Average Stock Price Target$27.63 High Stock Price Target$45.00 Low Stock Price Target$17.50 Potential Upside/Downside+54.1%Consensus RatingReduce Rating Score (0-4)1.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.13 Trailing P/E Ratio8.42 Forward P/E Ratio18.30 P/E GrowthN/ANet Income$429.55 million Net Margins7.84% Pretax Margin37.96% Return on Equity2.46% Return on Assets2.15% Debt Debt-to-Equity RatioN/A Current Ratio4.59 Quick Ratio4.32 Sales & Book Value Annual Sales$2.31 billion Price / Sales0.51 Cash Flow$7.38 per share Price / Cash Flow2.43 Book Value$96.75 per share Price / Book0.19Miscellaneous Outstanding Shares66,010,000Free Float49,967,000Market Cap$1.18 billion OptionableOptionable Beta0.32 Social Links 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Xiang Xu (Age 53)Chairman & CEO Mr. Guangfu Xu (Age 81)Founder & Director Mr. Ming Yang (Age 51)Chief Financial Officer Mr. Kevin HeHead of Investor RelationsKey CompetitorsGreen PlainsNASDAQ:GPREU.S. SilicaNYSE:SLCAPerimeter SolutionsNYSE:PRMNew GoldNYSE:NGDSeabridge GoldNYSE:SAView All CompetitorsInstitutional OwnershipVanguard Group Inc.Sold 3,529 shares on 5/10/2024Ownership: 2.998%Jupiter Asset Management Ltd.Bought 342,700 shares on 5/10/2024Ownership: 0.519%Acadian Asset Management LLCBought 123,031 shares on 5/10/2024Ownership: 0.186%Mitsubishi UFJ Asset Management Co. Ltd.Sold 30,506 shares on 5/9/2024Ownership: 0.028%BNP PARIBAS ASSET MANAGEMENT Holding S.A.Sold 20,477 shares on 5/8/2024Ownership: 0.197%View All Institutional Transactions DQ Stock Analysis - Frequently Asked Questions Should I buy or sell Daqo New Energy stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Daqo New Energy in the last year. There are currently 2 sell ratings, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" DQ shares. View DQ analyst ratings or view top-rated stocks. What is Daqo New Energy's stock price target for 2024? 4 brokers have issued 12-month target prices for Daqo New Energy's stock. Their DQ share price targets range from $17.50 to $45.00. On average, they expect the company's share price to reach $27.63 in the next twelve months. This suggests a possible upside of 54.1% from the stock's current price. View analysts price targets for DQ or view top-rated stocks among Wall Street analysts. How have DQ shares performed in 2024? Daqo New Energy's stock was trading at $26.60 at the beginning of the year. Since then, DQ stock has decreased by 32.6% and is now trading at $17.93. View the best growth stocks for 2024 here. Are investors shorting Daqo New Energy? Daqo New Energy saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 2,910,000 shares, a decline of 24.6% from the March 31st total of 3,860,000 shares. Based on an average trading volume of 1,290,000 shares, the short-interest ratio is currently 2.3 days. View Daqo New Energy's Short Interest. When is Daqo New Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our DQ earnings forecast. How were Daqo New Energy's earnings last quarter? Daqo New Energy Corp. (NYSE:DQ) issued its quarterly earnings data on Monday, April, 29th. The semiconductor company reported $0.24 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.56 by $0.32. The semiconductor company earned $415.31 million during the quarter, compared to analysts' expectations of $491.90 million. Daqo New Energy had a trailing twelve-month return on equity of 2.46% and a net margin of 7.84%. During the same quarter in the prior year, the firm earned $3.52 EPS. What ETFs hold Daqo New Energy's stock? ETFs with the largest weight of Daqo New Energy (NYSE:DQ) stock in their portfolio include ProShares S&P Kensho Cleantech ETF (CTEX), SPDR S&P Kensho Clean Power ETF (CNRG), Invesco Solar ETF (TAN), Global X Clean Tech ETF (CTEC), Global X MSCI China Information Technology ETF (CHIK), ERShares NextGen Entrepreneurs ETF (ERSX), iShares Breakthrough Environmental Solutions ETF (ETEC) and iShares MSCI China Small-Cap ETF (ECNS). When did Daqo New Energy's stock split? Daqo New Energy's stock split on the morning of Tuesday, November 17th 2020. The 5-1 split was announced on Monday, October 26th 2020. The newly created shares were payable to shareholders after the closing bell on Monday, November 16th 2020. An investor that had 100 shares of stock prior to the split would have 500 shares after the split. How will Daqo New Energy's stock buyback program work? Daqo New Energy announced that its board has approved a stock repurchase program on Wednesday, June 1st 2022, which allows the company to buyback $0.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its stock is undervalued. What other stocks do shareholders of Daqo New Energy own? Based on aggregate information from My MarketBeat watchlists, some companies that other Daqo New Energy investors own include NVIDIA (NVDA), Micron Technology (MU), Advanced Micro Devices (AMD), Alibaba Group (BABA), JD.com (JD), PayPal (PYPL), QUALCOMM (QCOM), Block (SQ), Enphase Energy (ENPH) and Netflix (NFLX). Who are Daqo New Energy's major shareholders? Daqo New Energy's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (3.00%), Ariose Capital Management Ltd (1.45%), BNP Paribas Financial Markets (1.06%), Jupiter Asset Management Ltd. (0.52%), BNP PARIBAS ASSET MANAGEMENT Holding S.A. (0.20%) and Mirae Asset Global Investments Co. Ltd. (0.19%). How do I buy shares of Daqo New Energy? Shares of DQ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does Daqo New Energy have any subsidiaries? The following companies are subsidiares of Daqo New Energy: Chongqing Daqo New Energy Co. Ltd., Daqo New Energy (Hong Kong) Co. Limited, Xinjiang Daqo Guodi Silicon Material Technology Co. Ltd., Xinjiang Daqo Investment Co. Ltd., Xinjiang Daqo Lvchuang Environmental Technology Co. Ltd., and Xinjiang Daqo New Energy Co. Ltd..Read More This page (NYSE:DQ) was last updated on 5/13/2024 by MarketBeat.com Staff From Our PartnersThe Department of Defense Has a New Drone ContractorThe Tomorrow InvestorDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsThe Crypto 9-5 Escape PlanCrypto 101 MediaCharles Payne Demystifies OptionsUnstoppable ProsperityElon’s New Device is About to Shock the WorldInvestorPlaceThe A.I. story nobody is telling you (Read ASAP)TradeSmithElon to Transform U.S. Economy? 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