NASDAQ:QTTQutoutiao Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Qutoutiao Inc - Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $3.09 -0.07 (-2.22 %) (As of 08/4/2020 04:00 PM ET) Add Compare Share Today's Range$3.07Now: $3.09▼$3.2650-Day Range$2.61MA: $3.13▼$4.1952-Week Range$2.20Now: $3.09▼$6.55Volume708,387 shsAverage Volume1.82 million shsMarket Capitalization$875.34 millionP/E RatioN/ADividend YieldN/ABeta1 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsInstitutional OwnershipHeadlinesOptions ChainSocial Media Qutoutiao Inc. operates mobile platforms for the distribution, consumption, and sharing of light entertainment content in the People's Republic of China. The company operates Qutoutiao, a mobile application that aggregates articles and short videos from professional media and freelancers and presents customized feeds to users; and Quduopai, a mobile application that allows users to create, upload, and view videos. It also provides Midu Novels, a mobile literature application that offers users free literature supported by advertising. The company was formerly known as Qtech Ltd. and changed its name to Qutoutiao Inc. in July 2018. Qutoutiao Inc. was founded in 2016 and is headquartered in Shanghai, China.Read More Beat the Market (BTM) Rank™ 2.5 Analyst's Opinion Consensus RatingQutoutiao has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $3.70, Qutoutiao has a potential upside of 19.7% from its current price of $3.09.Amount of Analyst CoverageQutoutiao has received no research coverage in the past 90 days. Previous Next 2.3 Community Rank Outperform VotesQutoutiao has received 179 “outperform” votes. (Add your “outperform” vote.)Underperform VotesQutoutiao has received 202 “underperform” votes. (Add your “underperform” vote.)Community SentimentQutoutiao has received 53.02% “underperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldQutoutiao does not currently pay a dividend.Dividend GrowthQutoutiao does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Qutoutiao insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 3.95% of the stock of Qutoutiao is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Qutoutiao are expected to grow in the coming year, from ($0.52) to $0.03 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Qutoutiao is -2.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Qutoutiao is -2.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next Analyst Opinion: 2.5Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.09 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Computer programming, data processing, & other computer related Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:QTT Previous Symbol CUSIPN/A CIKN/A Webwww.qutoutiao.net Phone86-21-6858-3790Debt Debt-to-Equity RatioN/A Current Ratio1.20 Quick Ratio1.20Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$790.85 million Price / Sales1.11 Cash FlowN/A Price / Cash FlowN/A Book Value($0.36) per share Price / Book-8.58Profitability EPS (Most Recent Fiscal Year)($1.52) Net Income$-386,200,000.00 Net Margins-43.29% Return on Equity-2,417.23% Return on Assets-85.81%Miscellaneous Employees2,932 Outstanding Shares283,280,000Market Cap$875.34 million Next Earnings Date9/2/2020 (Estimated) OptionableOptionable $3.09 -0.07 (-2.22 %) (As of 08/4/2020 04:00 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive QTT News and Ratings via Email Sign-up to receive the latest news and ratings for QTT and its competitors with MarketBeat's FREE daily newsletter. Qutoutiao (NASDAQ:QTT) Frequently Asked Questions How has Qutoutiao's stock been impacted by COVID-19 (Coronavirus)? Qutoutiao's stock was trading at $4.84 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, QTT stock has decreased by 36.2% and is now trading at $3.09. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Qutoutiao? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Qutoutiao in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Qutoutiao. When is Qutoutiao's next earnings date? Qutoutiao is scheduled to release its next quarterly earnings announcement on Wednesday, September 2nd 2020. View our earnings forecast for Qutoutiao. How were Qutoutiao's earnings last quarter? Qutoutiao Inc - (NASDAQ:QTT) issued its quarterly earnings results on Thursday, June, 4th. The company reported ($0.27) EPS for the quarter, missing analysts' consensus estimates of ($0.25) by $0.02. The business had revenue of $202.24 million for the quarter. Qutoutiao had a negative net margin of 43.29% and a negative return on equity of 2,417.23%. View Qutoutiao's earnings history. What guidance has Qutoutiao issued on next quarter's earnings? Qutoutiao updated its second quarter 2020 Pre-Market earnings guidance on Thursday, June, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $199.13-201.955 million, compared to the consensus revenue estimate of $247.69 million. What price target have analysts set for QTT? 1 equities research analysts have issued twelve-month price objectives for Qutoutiao's shares. Their forecasts range from $3.70 to $3.70. On average, they anticipate Qutoutiao's share price to reach $3.70 in the next year. This suggests a possible upside of 19.7% from the stock's current price. View analysts' price targets for Qutoutiao. Has Qutoutiao been receiving favorable news coverage? News coverage about QTT stock has been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Qutoutiao earned a news impact score of 0.8 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next few days. View the latest news about Qutoutiao. Are investors shorting Qutoutiao? Qutoutiao saw a drop in short interest in June. As of June 30th, there was short interest totaling 4,370,000 shares, a drop of 12.4% from the June 15th total of 4,990,000 shares. Based on an average trading volume of 1,420,000 shares, the short-interest ratio is currently 3.1 days. Approximately 3.4% of the company's shares are sold short. View Qutoutiao's Current Options Chain. Who are some of Qutoutiao's key competitors? Some companies that are related to Qutoutiao include SVMK (SVMK), Pluralsight (PS), 21Vianet Group (VNET), Tripadvisor (TRIP), Sabre (SABR), Cardlytics (CDLX), Internet Initiative Japan (IIJIY), Model N (MODN), Health Catalyst (HCAT), Eventbrite (EB), HealthStream (HSTM), the Rubicon Project (MGNI), TrueCar (TRUE), Pivotal Acquisition (PVT) and Phoenix Tree (LIZI). View all 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 Agile Therapeutics (AGRX), Occidental Petroleum (OXY), NIO (NIO), Vaxart (VXRT), Advanced Micro Devices (AMD), Aytu Bioscience (AYTU), HUYA (HUYA), QUALCOMM (QCOM), SCYNEXIS (SCYX) and VBI Vaccines (VBIV). Who are Qutoutiao's key executives? Qutoutiao's management team includes the following people: Mr. Siliang Tan, Co-Founder & Exec. Chairman (Age 39)Mr. Lei Li, Co-Founder, CEO & Exec. Director (Age 35)Mr. Jianfei Dong, Co-Pres & Exec. Director (Age 37)Mr. Guanqiang Feng, Co-Pres (Age 30)Mr. Zhiliang Wang, Co-Founder & CTO (Age 35) When did Qutoutiao IPO? (QTT) raised $128 million in an initial public offering on Friday, September 14th 2018. The company issued 16,000,000 shares at a price of $7.00-$9.00 per share. Citigroup and Deutsche Bank Securities served as the underwriters for the IPO and China Merchants Securities (HK), UBS Investment Ban and KeyBanc Capital Markets were co-managers. What is Qutoutiao's stock symbol? Qutoutiao trades on the NASDAQ under the ticker symbol "QTT." Who are Qutoutiao's major shareholders? Qutoutiao's stock is owned by a variety of retail and institutional investors. Top institutional investors include Leap Investments LP (0.00%). Which major investors are buying Qutoutiao stock? QTT stock was purchased by a variety of institutional investors in the last quarter, including Leap Investments LP. 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, Robinhood, Fidelity, and Charles Schwab. What is Qutoutiao's stock price today? One share of QTT stock can currently be purchased for approximately $3.09. How big of a company is Qutoutiao? Qutoutiao has a market capitalization of $875.34 million and generates $790.85 million in revenue each year. The company earns $-386,200,000.00 in net income (profit) each year or ($1.52) on an earnings per share basis. Qutoutiao employs 2,932 workers across the globe. What is Qutoutiao's official website? The official website for Qutoutiao is 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. 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