NASDAQ:QTT - Qutoutiao Stock Price, News, & Analysis

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$12.58 -0.86 (-6.40 %)
(As of 03/24/2019 07:02 AM ET)
Previous Close$12.58
Today's Range$12.34 - $13.95
52-Week Range$4.00 - $20.39
Volume1.25 million shs
Average Volume1.70 million shs
Market Capitalization$3.56 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Qutoutiao Inc. develops an application for news in China. Qutoutiao Inc. was formerly known as Qtech Ltd. and changed its name to Qutoutiao Inc. in July 2018. The company was founded in 2016 and is based in Shanghai, China.

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Industry, Sector and Symbol

Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:QTT
CUSIPN/A
CIKN/A
Phone86-21-6858-3790

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$43.70 million
Book Value$0.81 per share

Profitability

Miscellaneous

Employees1,302
Market Cap$3.56 billion
Next Earnings DateN/A
OptionableOptionable

Qutoutiao (NASDAQ:QTT) Frequently Asked Questions

What is Qutoutiao's stock symbol?

Qutoutiao trades on the NASDAQ under the ticker symbol "QTT."

What guidance has Qutoutiao issued on next quarter's earnings?

Qutoutiao issued an update on its FY 2019 earnings guidance on Tuesday, March, 5th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.091-1.236 billion, compared to the consensus revenue estimate of $1.26 billion.Qutoutiao also updated its Q1 2019 guidance to EPS.

What price target have analysts set for QTT?

4 Wall Street analysts have issued 1 year price objectives for Qutoutiao's shares. Their forecasts range from $8.40 to $14.00. On average, they expect Qutoutiao's stock price to reach $10.85 in the next year. This suggests that the stock has a possible downside of 13.8%. View Analyst Price Targets for Qutoutiao.

What is the consensus analysts' recommendation for Qutoutiao?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Qutoutiao in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Qutoutiao.

Has Qutoutiao been receiving favorable news coverage?

News headlines about QTT stock have been trending positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Qutoutiao earned a daily sentiment score of 2.1 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the stock's share price in the near future.

Who are some of Qutoutiao's key competitors?

What other stocks do shareholders of Qutoutiao own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Qutoutiao investors own include Cronos Group (CRON), Aurora Cannabis (ACB), HUYA (HUYA), NIO (NIO), Secoo (SECO), Micron Technology (MU), Attunity (ATTU), Applied Materials (AMAT), Alibaba Group (BABA) and IQIYI (IQ).

Who are Qutoutiao's key executives?

Qutoutiao's management team includes the folowing people:
  • Mr. Siliang Tan, Co-Founder & Exec. Chairman (Age 39)
  • Mr. Lei Li, Co-Founder, CEO & Exec. Director (Age 36)
  • Mr. Jianfei Dong, Co-Pres & Exec. Director (Age 38)
  • Mr. Guanqiang Feng, Co-Pres (Age 31)
  • Mr. Zhiliang Wang, Co-Founder & CTO (Age 35)

When did Qutoutiao IPO?

(QTT) raised $128 million in an IPO on Friday, September 14th 2018. The company issued 16,000,000 shares at $7.00-$9.00 per share. Citigroup and Deutsche Bank Securities acted as the underwriters for the IPO and China Merchants Securities (HK), UBS Investment Ban and KeyBanc Capital Markets were co-managers.

When did the company's lock-up period expire?

Qutoutiao's lock-up period expired on Wednesday, March 13th. Qutoutiao had issued 12,000,000 shares in its initial public offering on September 14th. The total size of the offering was $84,000,000 based on an initial share price of $7.00. Shares of the company owned by major shareholders and company insiders are now eligible to be traded as a result of the end of the lock-up period.

Who are Qutoutiao's major shareholders?

Qutoutiao's stock is owned by a variety of of retail and institutional investors. Top institutional investors include FMR LLC (0.25%), BlackRock Inc. (0.02%) and National Asset Management Inc. (0.00%).

Which major investors are buying Qutoutiao stock?

QTT stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, BlackRock Inc. and National Asset Management Inc..

How do I buy shares of Qutoutiao?

Shares of QTT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Qutoutiao's stock price today?

One share of QTT stock can currently be purchased for approximately $12.58.

How big of a company is Qutoutiao?

Qutoutiao has a market capitalization of $3.56 billion and generates $43.70 million in revenue each year. The company earns $-294,510,000.00 in net income (profit) each year or ($2.10) on an earnings per share basis. Qutoutiao employs 1,302 workers across the globe.

What is Qutoutiao's official website?

The official website for Qutoutiao is http://www.qutoutiao.net.

How can I contact Qutoutiao?

Qutoutiao's mailing address is 11/F BLDG 3 XINGCHUANG TECHNOLOGY PLZ 5005 NONG SHENJIANG RD PUDONG NEW AREA, SHANGHAI F4, 200120. The company can be reached via phone at 86-21-6858-3790.


MarketBeat Community Rating for Qutoutiao (NASDAQ QTT)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  95 (Vote Outperform)
Underperform Votes:  111 (Vote Underperform)
Total Votes:  206
MarketBeat's community ratings are surveys of what our community members think about Qutoutiao and other stocks. Vote "Outperform" if you believe QTT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe QTT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/24/2019 by MarketBeat.com Staff

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