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Qutoutiao Stock Price, News & Analysis (NASDAQ:QTT)

$2.96
+0.13 (+4.59 %)
(As of 10/13/2019 04:00 PM ET)
Today's Range
$2.80
Now: $2.96
$3.01
50-Day Range
$2.85
MA: $4.02
$4.94
52-Week Range
$2.76
Now: $2.96
$18.00
Volume2.25 million shs
Average Volume1.83 million shs
Market Capitalization$838.51 million
P/E RatioN/A
Dividend YieldN/A
BetaN/A
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.

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$0.78 per share

Profitability

Net Income$-282,540,000.00

Miscellaneous

Employees1,302
Market Cap$838.51 million
Next Earnings Date11/11/2019 (Estimated)
OptionableOptionable

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Qutoutiao (NASDAQ:QTT) Frequently Asked Questions

What is Qutoutiao's stock symbol?

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

How were Qutoutiao's earnings last quarter?

Qutoutiao Inc - (NASDAQ:QTT) announced its earnings results on Wednesday, September, 4th. The company reported ($0.32) earnings per share for the quarter, missing the consensus estimate of ($0.29) by $0.03. The business had revenue of $203.18 million for the quarter, compared to analyst estimates of $206.40 million. Qutoutiao had a negative net margin of 55.72% and a negative return on equity of 225.76%. View Qutoutiao's Earnings History.

When is Qutoutiao's next earnings date?

Qutoutiao is scheduled to release their next quarterly earnings announcement on Monday, November 11th 2019. View Earnings Estimates for Qutoutiao.

What price target have analysts set for QTT?

3 equities research analysts have issued twelve-month price targets for Qutoutiao's shares. Their predictions range from $10.00 to $14.00. On average, they expect Qutoutiao's stock price to reach $12.67 in the next year. This suggests a possible upside of 327.9% from the stock's current price. View Analyst Price Targets for Qutoutiao.

What is the consensus analysts' recommendation for Qutoutiao?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Qutoutiao in the last year. There are currently 2 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 coverage about QTT stock has been trending somewhat positive on Sunday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Qutoutiao earned a news sentiment score of 0.8 on InfoTrie's scale. They also assigned news coverage 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 few days. View News Stories for Qutoutiao.

Are investors shorting Qutoutiao?

Qutoutiao saw a increase in short interest in August. As of August 31st, there was short interest totalling 16,159,000 shares, an increase of 8.4% from the July 31st total of 14,913,700 shares. Based on an average daily trading volume, of 2,010,000 shares, the short-interest ratio is currently 8.0 days. Currently, 14.8% of the shares of the stock are sold short. View Qutoutiao's Current Options Chain.

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 Alibaba Group (BABA), Micron Technology (MU), Tesla (TSLA), Bank of America (BAC), salesforce.com (CRM), Walt Disney (DIS), NIO (NIO), Snap (SNAP), Adobe (ADBE) and Applied Materials (AMAT).

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 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 a price of $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.

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 $2.96.

How big of a company is Qutoutiao?

Qutoutiao has a market capitalization of $838.51 million 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 1,302 workers across the globe.View Additional Information About Qutoutiao.

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:  2.4 out of 5 (star star)
Outperform Votes:  153 (Vote Outperform)
Underperform Votes:  165 (Vote Underperform)
Total Votes:  318
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 10/13/2019 by MarketBeat.com Staff

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