NYSE:DQ Daqo New Energy (DQ) Stock Price, News & Analysis $17.62 +0.39 (+2.26%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$17.30▼$17.8450-Day Range$14.31▼$23.3652-Week Range$14.21▼$40.13Volume490,565 shsAverage Volume1.12 million shsMarket Capitalization$1.16 billionP/E Ratio8.27Dividend YieldN/APrice Target$27.63 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Daqo New Energy alerts: Email Address Daqo New Energy MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside56.9% Upside$27.63 Price TargetShort InterestHealthy4.08% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.57Based on 13 Articles This WeekInsider TradingN/AProj. Earnings Growth758.70%From $0.46 to $3.95 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.08 out of 5 starsBasic Materials Sector51st out of 175 stocksSemiconductors & Related Devices Industry33rd out of 89 stocks 3.0 Analyst's Opinion Consensus RatingDaqo New Energy has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 1 hold rating, and 2 sell ratings.Amount of Analyst CoverageDaqo New Energy has only been the subject of 3 research reports in the past 90 days.Read more about Daqo New Energy's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.08% of the float of Daqo New Energy has been sold short.Short Interest Ratio / Days to CoverDaqo New Energy has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Daqo New Energy has recently increased by 10.74%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldDaqo New Energy does not currently pay a dividend.Dividend GrowthDaqo New Energy does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DQ. Previous Next 3.1 News and Social Media Coverage News SentimentDaqo New Energy has a news sentiment score of 0.57. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.33 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Daqo New Energy this week, compared to 3 articles on an average week.Search InterestOnly 5 people have searched for DQ on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.MarketBeat Follows3 people have added Daqo New Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Daqo New Energy insiders have not sold or bought any company stock.Percentage Held by Insiders24.30% of the stock of Daqo New Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions47.22% of the stock of Daqo New Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Daqo New Energy's insider trading history. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Daqo New Energy are expected to grow by 758.70% in the coming year, from $0.46 to $3.95 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Daqo New Energy is 8.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.19.Price to Earnings Ratio vs. SectorThe P/E ratio of Daqo New Energy is 8.27, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 138.60.Price to Book Value per Share RatioDaqo New Energy has a P/B Ratio of 0.21. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Daqo New Energy's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIHow a $0.25 cent option contract makes my top traders feelIf you don’t know me, I’ve been in the markets for over 40 years… but recently, I’ve discovered a breakthrough that might be my favorite strategy of ALL time! While I kept the finer details of these $0.25 Cent Trades under wraps until recently…Click now to see for yourself what $0.25 Cent Trades is all about About Daqo New Energy Stock (NYSE:DQ)Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufacturers in the People's Republic of China. Its products are used in ingots, wafers, cells, and modules for solar power solutions. The company was formerly known as Mega Stand International Limited and changed its name to Daqo New Energy Corp. in August 2009. Daqo New Energy Corp. was founded in 2006 and is based in Shanghai, the People's Republic of China.Read More DQ Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DQ Stock News HeadlinesJuly 25 at 1:14 AM | americanbankingnews.comDaqo New Energy (NYSE:DQ) Authorizes Stock Repurchase PlanJuly 23 at 6:31 AM | nz.finance.yahoo.comLuxembourg Selection Fund - Active Solar C USD (0P0000HXBU)July 26, 2024 | WealthPress (Ad)This TSLA short trade is on a nine win hot streakMost Tesla Shareholders are disappointed in the stock's performance in 2024. Year to date, it's down 30%... And things don’t seem to be getting better. That said, one professional trader has found a way to turn Tesla’s demise into a flurry of opportunity… In fact, he has not lost a single trade on Tesla this year. As of this mailing he’s 9 for 9 with incredible wins under his belt. Just see for yourself.July 23 at 6:31 AM | finance.yahoo.comDQ Aug 2024 27.000 put (DQ240816P00027000)July 23 at 6:31 AM | marketwatch.comDaqo New Energy Sets $100 Million Buyback ProgramJuly 22, 2024 | finance.yahoo.comAnalysts Have Just Cut Their Daqo New Energy Corp. (NYSE:DQ) Revenue Estimates By 13%July 22, 2024 | americanbankingnews.comDaqo New Energy (NYSE:DQ) Shares Gap Up to $16.08July 22, 2024 | prnewswire.comDaqo New Energy Announces $100 Million Share Repurchase ProgramJuly 26, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 22, 2024 | prnewswire.comDaqo New Energy Announces $100 Million Share Repurchase ProgramJuly 19, 2024 | ca.finance.yahoo.comDQ Jul 2024 20.000 callJuly 17, 2024 | prnewswire.comDaqo New Energy's Subsidiary Xinjiang Daqo Provides Latest Update on its Litigation EventJuly 17, 2024 | americanbankingnews.comDaqo New Energy (NYSE:DQ) Shares Gap Down to $16.89July 17, 2024 | americanbankingnews.comDaqo New Energy Corp. (NYSE:DQ) Receives $27.63 Average PT from AnalystsJuly 12, 2024 | seekingalpha.comDaqo New Energy: Oversold Status Triggers Compelling Value And Growth StoryJuly 9, 2024 | investorplace.com3 Breakout Stocks to Buy Before They Make HeadlinesJuly 9, 2024 | prnewswire.comDaqo New Energy Issues Its 2023 Environmental, Social and Governance (ESG) ReportJuly 9, 2024 | seekingalpha.comDaqo New Energy Remains My Top Pick In The Green Energy IndustrySee More Headlines Receive DQ Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Daqo New Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/29/2024Today7/26/2024Next Earnings (Estimated)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBasic Materials Industry Semiconductors & related devices Sub-IndustryN/A Current SymbolNYSE:DQ CUSIPN/A CIK1477641 Webwww.dqsolar.com Phone862150752918Fax86-21-5836-7021Employees5,765Year Founded2007Price Target and Rating Average Stock Price Target$27.63 High Stock Price Target$45.00 Low Stock Price Target$17.50 Potential Upside/Downside+55.5%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$2.13 Trailing P/E Ratio8.34 Forward P/E Ratio38.63 P/E GrowthN/ANet Income$429.55 million Net Margins7.84% Pretax Margin19.13% Return on Equity2.46% Return on Assets2.15% Debt Debt-to-Equity RatioN/A Current Ratio4.59 Quick Ratio4.32 Sales & Book Value Annual Sales$2.31 billion Price / Sales0.51 Cash Flow$7.83 per share Price / Cash Flow2.27 Book Value$83.46 per share Price / Book0.21Miscellaneous Outstanding Shares66,010,000Free Float49,967,000Market Cap$1.17 billion OptionableOptionable Beta0.28 Social Links 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Xiang Xu (Age 53)Chairman & CEO Mr. Guangfu Xu (Age 81)Founder & Director Mr. Ming Yang (Age 51)Chief Financial Officer Mr. Kevin HeHead of Investor RelationsKey CompetitorsPower IntegrationsNASDAQ:POWIIPG PhotonicsNASDAQ:IPGPDiodesNASDAQ:DIODSilicon LaboratoriesNASDAQ:SLABSynapticsNASDAQ:SYNAView All CompetitorsInstitutional OwnershipBank of New York Mellon CorpSold 1,778 shares on 7/26/2024Ownership: 0.022%Ariose Capital Management LtdBought 228,200 shares on 7/25/2024Ownership: 1.789%Harel Insurance Investments & Financial Services Ltd.Bought 3,970 shares on 7/22/2024Ownership: 0.022%Blue Trust Inc.Bought 1,950 shares on 7/18/2024Ownership: 0.003%SG Americas Securities LLCBought 15,747 shares on 7/12/2024Ownership: 0.031%View All Institutional Transactions DQ Stock Analysis - Frequently Asked Questions How have DQ shares performed this year? Daqo New Energy's stock was trading at $26.60 at the beginning of the year. Since then, DQ stock has decreased by 33.8% and is now trading at $17.61. View the best growth stocks for 2024 here. How were Daqo New Energy's earnings last quarter? Daqo New Energy Corp. (NYSE:DQ) posted its quarterly earnings data on Monday, April, 29th. The semiconductor company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.56 by $0.32. The semiconductor company had revenue of $415.31 million for the quarter, compared to the consensus estimate of $491.90 million. Daqo New Energy had a net margin of 7.84% and a trailing twelve-month return on equity of 2.46%. When did Daqo New Energy's stock split? Shares of Daqo New Energy split on Tuesday, November 17th 2020. The 5-1 split was announced on Monday, October 26th 2020. The newly issued shares were issued to shareholders after the closing bell on Monday, November 16th 2020. An investor that had 100 shares of stock prior to the split would have 500 shares after the split. Is Daqo New Energy buying back stock? Daqo New Energy's board authorized a share repurchase program on Monday, July 22nd 2024, which permits the company to repurchase $100,000,000 in shares, according to EventVestor. This means that the company could repurchase up to 8.6% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's leadership believes its stock is undervalued. Does Daqo New Energy have any subsidiaries? Daqo New Energy subsidiaries include these companies: Chongqing Daqo New Energy Co. Ltd., Daqo New Energy (Hong Kong) Co. Limited, Xinjiang Daqo Guodi Silicon Material Technology Co. Ltd., Xinjiang Daqo Investment Co. Ltd., Xinjiang Daqo Lvchuang Environmental Technology Co. Ltd., and Xinjiang Daqo New Energy Co. Ltd.. Who are Daqo New Energy's major shareholders? Daqo New Energy's top institutional shareholders include Ariose Capital Management Ltd (1.79%), SG Americas Securities LLC (0.03%), Harel Insurance Investments & Financial Services Ltd. (0.02%) and Bank of New York Mellon Corp (0.02%). How do I buy shares of Daqo New Energy? Shares of DQ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Daqo New Energy own? Based on aggregate information from My MarketBeat watchlists, some other companies that Daqo New Energy investors own include NVIDIA (NVDA), Micron Technology (MU), Advanced Micro Devices (AMD), Alibaba Group (BABA), JD.com (JD), PayPal (PYPL) and QUALCOMM (QCOM). 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