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NASDAQ:QTT

Qutoutiao Stock Forecast, Price & News

$2.47
+0.05 (+2.07 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$2.42
Now: $2.47
$2.50
50-Day Range
$2.42
MA: $2.78
$3.37
52-Week Range
$2.20
Now: $2.47
$6.55
Volume1.91 million shs
Average Volume1.74 million shs
Market Capitalization$699.70 million
P/E RatioN/A
Dividend YieldN/A
Beta0.87
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.29 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$790.85 million
Book Value($0.36) per share

Profitability

Net Income$-386,200,000.00

Miscellaneous

Employees2,932
Market Cap$699.70 million
Next Earnings Date9/21/2020 (Confirmed)
OptionableOptionable
$2.47
+0.05 (+2.07 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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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 shares have decreased by 49.0% and is now trading at $2.47.
View which stocks have been most impacted by COVID-19
.

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 Monday, September 21st 2020.
View our earnings forecast for Qutoutiao
.

How can I listen to Qutoutiao's earnings call?

Qutoutiao will be holding an earnings conference call on Monday, September 21st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Qutoutiao's earnings last quarter?

Qutoutiao Inc - (NASDAQ:QTT) announced its quarterly earnings data on Wednesday, March, 18th. The company reported ($1.86) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.32) by $1.54. The business had revenue of $1.66 billion for the quarter, compared to analysts' expectations of $1.64 billion. Qutoutiao had a negative net margin of 43.29% and a negative return on equity of 2,417.23%. The company's revenue for the quarter was up 25.0% on a year-over-year basis.
View Qutoutiao's earnings history
.

What price target have analysts set for QTT?

1 analysts have issued 12-month price objectives for Qutoutiao's stock. Their forecasts range from $3.70 to $3.70. On average, they anticipate Qutoutiao's stock price to reach $3.70 in the next twelve months. This suggests a possible upside of 49.8% from the stock's current price.
View analysts' price targets for Qutoutiao
.

Are investors shorting Qutoutiao?

Qutoutiao saw a increase in short interest during the month of August. As of August 14th, there was short interest totaling 10,410,000 shares, an increase of 21.8% from the July 30th total of 8,550,000 shares. Based on an average trading volume of 1,860,000 shares, the short-interest ratio is presently 5.6 days.
View Qutoutiao's Short Interest
.

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 ADMA Biologics (ADMA), Matinas BioPharma (MTNB), BioNano Genomics (BNGO), Gran Tierra Energy (GTE), AEterna Zentaris (AEZS), DHT (DHT), EnLink Midstream (ENLC), OrganiGram (OGI), SCYNEXIS (SCYX) and Tilly's (TLYS).

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 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.

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 number of retail and institutional investors. Top institutional shareholders include Krane Funds Advisors LLC (0.52%), California Public Employees Retirement System (0.09%), Jane Street Group LLC (0.02%), Virtu Financial LLC (0.01%), Leap Investments LP (0.00%) and Goldman Sachs Group Inc. (0.00%).

Which major investors are selling Qutoutiao stock?

QTT stock was sold by a variety of institutional investors in the last quarter, including Krane Funds Advisors LLC, and Goldman Sachs Group Inc..

Which major investors are buying Qutoutiao stock?

QTT stock was purchased by a variety of institutional investors in the last quarter, including Virtu Financial LLC, Jane Street Group LLC, California Public Employees Retirement System, and 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 $2.47.

How big of a company is Qutoutiao?

Qutoutiao has a market capitalization of $699.70 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.

This page was last updated on 9/19/2020 by MarketBeat.com Staff

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