NASDAQ:QTT - Qutoutiao Stock Price, Forecast & News

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

Qutoutiao Inc - (NASDAQ:QTT) posted its quarterly earnings data on Tuesday, December, 3rd. The company reported ($3.32) earnings per share for the quarter, missing the consensus estimate of ($0.40) by $2.92. The company earned $1.41 billion during the quarter, compared to analyst estimates of $1.40 billion. Qutoutiao had a negative net margin of 48.30% and a negative return on equity of 380.12%. The company's revenue was up 44.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($2.72) EPS. View Qutoutiao's Earnings History.

Qutoutiao is scheduled to release their next quarterly earnings announcement on Tuesday, March 3rd 2020. View Earnings Estimates for Qutoutiao.

Qutoutiao updated its fourth quarter 2019 Pre-Market earnings guidance on Tuesday, December, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $223.848-226.646 million, compared to the consensus revenue estimate of $260.65 million.

4 analysts have issued 1 year target prices for Qutoutiao's stock. Their forecasts range from $3.70 to $14.00. On average, they expect Qutoutiao's stock price to reach $10.43 in the next twelve months. This suggests a possible upside of 125.2% from the stock's current price. View Analyst Price Targets for Qutoutiao.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Qutoutiao in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Qutoutiao.

News articles about QTT stock have trended extremely negative recently, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. 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 news sentiment score of -4.5 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Qutoutiao.

Qutoutiao saw a decline in short interest in the month of January. As of January 15th, there was short interest totalling 12,070,000 shares, a decline of 14.8% from the December 31st total of 14,160,000 shares. Based on an average daily volume of 1,060,000 shares, the short-interest ratio is presently 11.4 days. Approximately 10.0% of the company's shares are sold short. View Qutoutiao's Current Options Chain.

Some companies that are related to Qutoutiao include Tripadvisor (TRIP), HUYA (HUYA), Medallia (MDLA), Switch (SWCH), Pluralsight (PS), Livongo Health (LVGO), DouYu International (DOYU), SVMK (SVMK), Cardlytics (CDLX), Eventbrite (EB), Internet Initiative Japan (IIJIY), Health Catalyst (HCAT), 21Vianet Group (VNET), Model N (MODN) and HealthStream (HSTM).

Based on aggregate information from My MarketBeat watchlists, some companies that other Qutoutiao investors own include NIO (NIO), SCYNEXIS (SCYX), AbbVie (ABBV), Bank of America (BAC), HUYA (HUYA), Agile Therapeutics (AGRX), Applied Materials (AMAT), Advanced Micro Devices (AMD), Bilibili (BILI) and G-III Apparel Group (GIII).

(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 served as the underwriters for the IPO and China Merchants Securities (HK), UBS Investment Ban and KeyBanc Capital Markets were co-managers.

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.

One share of QTT stock can currently be purchased for approximately $4.63.

Qutoutiao has a market capitalization of $1.31 billion and generates $43.70 million in revenue each year. The company earns $-282,540,000.00 in net income (profit) each year or ($2.10) on an earnings per share basis. Qutoutiao employs 1,865 workers across the globe.View Additional Information About Qutoutiao.

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

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.