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NASDAQ:QTT - Qutoutiao Stock Price, Forecast & News

$4.63
+0.06 (+1.31 %)
(As of 01/26/2020 04:00 PM ET)
Today's Range
$4.52
Now: $4.63
$4.82
50-Day Range
$2.75
MA: $3.58
$4.66
52-Week Range
$2.56
Now: $4.63
$18.00
Volume931,252 shs
Average Volume803,179 shs
Market Capitalization$1.31 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.76
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

Employees1,865
Market Cap$1.31 billion
Next Earnings Date3/3/2020 (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) issued its earnings results on Tuesday, December, 3rd. The company reported ($3.32) EPS for the quarter, missing analysts' consensus estimates of ($0.40) by $2.92. The firm earned $1.41 billion during the quarter, compared to analysts' expectations of $1.40 billion. Qutoutiao had a negative net margin of 48.30% and a negative return on equity of 380.12%. The business's revenue for the quarter was up 44.0% compared to the same quarter last year. During the same quarter last year, the firm earned ($2.72) EPS. View Qutoutiao's Earnings History.

When is Qutoutiao's next earnings date?

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

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

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.

What price target have analysts set for QTT?

4 equities research analysts have issued twelve-month target prices for Qutoutiao's stock. Their forecasts range from $3.70 to $14.00. On average, they anticipate Qutoutiao's share price to reach $10.43 in the next year. This suggests a possible upside of 125.2% from the stock's current price. 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 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Qutoutiao.

Has Qutoutiao been receiving favorable news coverage?

Media stories about QTT stock have been trending extremely negative recently, according to InfoTrie. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Qutoutiao earned a daily sentiment score of -4.5 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for Qutoutiao.

Are investors shorting 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 trading volume of 1,060,000 shares, the days-to-cover ratio is presently 11.4 days. Approximately 10.0% of the shares of the company 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 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).

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 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 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 $4.63.

How big of a company is Qutoutiao?

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.

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:  160 (Vote Outperform)
Underperform Votes:  182 (Vote Underperform)
Total Votes:  342
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 1/26/2020 by MarketBeat.com Staff

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