NYSE:DQ Daqo New Energy (DQ) Stock Price, News & Analysis → Write this ticker symbol down… (From StocksToTrade) (Ad) Free DQ Stock Alerts $19.92 -0.47 (-2.31%) (As of 05/28/2024 ET) Add Compare Share Share Today's Range$19.31▼$20.2950-Day Range$17.93▼$28.1552-Week Range$17.30▼$43.66Volume721,549 shsAverage Volume1.17 million shsMarket Capitalization$1.31 billionP/E Ratio9.35Dividend 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 RatingReduce1.75 Rating ScoreUpside/Downside38.7% Upside$27.63 Price TargetShort InterestHealthy3.50% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.33Based on 11 Articles This WeekInsider TradingN/AProj. Earnings Growth326.53%From $0.98 to $4.18 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.4.43 out of 5 starsBasic Materials Sector29th out of 169 stocksSemiconductors & Related Devices Industry24th out of 88 stocks 2.9 Analyst's Opinion Consensus RatingDaqo New Energy has received a consensus rating of Reduce. The company's average rating score is 1.75, and is based on 1 buy rating, 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 5.0 Short Interest Percentage of Shares Shorted3.50% 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 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Daqo New Energy has recently decreased by 19.30%, indicating that investor sentiment is improving 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 4.1 News and Social Media Coverage News SentimentDaqo New Energy has a news sentiment score of 1.33. 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 0.40 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Daqo New Energy this week, compared to 3 articles on an average week.Search Interest8 people have searched for DQ on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows8 people have added Daqo New Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 60% 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 326.53% in the coming year, from $0.98 to $4.18 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Daqo New Energy is 9.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.04.Price to Earnings Ratio vs. SectorThe P/E ratio of Daqo New Energy is 9.35, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 147.87.Price to Book Value per Share RatioDaqo New Energy has a P/B Ratio of 0.24. 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 InvestorPlaceCrypto Pioneer Says: “The last crypto bull market has begun.”Right now, there’s over $6 trillion in potential investment money waiting on the sidelines. That means this crypto bull market has a lot more room to run before it comes close to being a bubble.Click here if you’d like to learn more about these five cryptos… 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 HeadlinesMay 2, 2024 | marketbeat.comWall Street Believes in First Solar Stock’s Bull CycleFirst Solar stock's earnings dip is now a potential opportunity for investors. Higher oil prices may make solar a more attractive source, pushing EPS higherMay 28 at 1:52 AM | americanbankingnews.comAnalysts Set Daqo New Energy Corp. (NYSE:DQ) Price Target at $27.63May 25, 2024 | americanbankingnews.comTraders Purchase Large Volume of Daqo New Energy Call Options (NYSE:DQ)May 22, 2024 | finance.yahoo.comMay 2024 Insight Into Top Growth Companies With High Insider OwnershipMay 7, 2024 | msn.comHSBC Downgrades Daqo New Energy - Depositary Receipt () (DQ)May 4, 2024 | finance.yahoo.comAnalysts Just Shaved Their Daqo New Energy Corp. (NYSE:DQ) Forecasts DramaticallyMay 3, 2024 | finance.yahoo.comEarnings Miss: Daqo New Energy Corp. Missed EPS By 57% And Analysts Are Revising Their ForecastsMay 1, 2024 | finance.yahoo.comDaqo New Energy Corp. (NYSE:DQ) Q1 2024 Earnings Call TranscriptMay 1, 2024 | finance.yahoo.comDaqo New Energy First Quarter 2024 Earnings: Misses ExpectationsApril 30, 2024 | seekingalpha.comDaqo New Energy: There May Be More Pain Ahead In The Short TermApril 30, 2024 | marketwatch.comDaqo New Energy Stock Drops After 1Q Results PlummetApril 29, 2024 | msn.comWhy Polysilicon Company Daqo New Energy's Shares Are Diving MondayApril 29, 2024 | msn.comDaqo New Energy sinks after weaker polysilicon ASPs weigh revenuesApril 29, 2024 | seekingalpha.comDaqo New Energy Corp. 2024 Q1 - Results - Earnings Call PresentationApril 29, 2024 | prnewswire.comDaqo New Energy Files Annual Report on Form 20-F for Fiscal Year 2023April 29, 2024 | markets.businessinsider.comDaqo New Energy Q1 Net Profit Tanks; Stock Down In Pre-marketApril 29, 2024 | prnewswire.comDaqo New Energy Announces Unaudited First Quarter 2024 ResultsApril 20, 2024 | seekingalpha.comDaqo New Energy Remains Too Cheap To Ignore - Bullish Support Is HereApril 16, 2024 | finance.yahoo.comDaqo New Energy to Announce Unaudited Results for the First Quarter of 2024 on April, 29, 2024April 6, 2024 | investorplace.comThe Underdog Uprising: 3 Stocks Ready to Defy Expectations and SoarApril 3, 2024 | seekingalpha.comDaqo New Energy: An Opportunity To Buy The Company For Cents On The DollarApril 1, 2024 | finance.yahoo.comDaqo New Energy's Subsidiary Xinjiang Daqo Proposes 2023 Cash Dividend for Approval at Its Annual Shareholders' MeetingMarch 27, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Daqo New Energy Corp. - DQMarch 19, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Daqo New Energy Corp. - DQMarch 18, 2024 | benzinga.comGCL Tech Profit Plummets On Falling Polysilicon PricesSee 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 Earnings4/29/2024Today5/28/2024Next 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+38.7%Consensus RatingReduce Rating Score (0-4)1.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.13 Trailing P/E Ratio9.35 Forward P/E Ratio20.33 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 / Sales0.57 Cash Flow$7.22 per share Price / Cash Flow2.76 Book Value$83.46 per share Price / Book0.24Miscellaneous Outstanding Shares66,010,000Free Float49,967,000Market Cap$1.31 billion OptionableOptionable Beta0.32 Social Links These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.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 CompetitorsFormFactorNASDAQ:FORMPower IntegrationsNASDAQ:POWITower SemiconductorNASDAQ:TSEMSilicon LaboratoriesNASDAQ:SLABIPG PhotonicsNASDAQ:IPGPView All CompetitorsInstitutional OwnershipBoston PartnersBought 2,538 shares on 5/28/2024Ownership: 0.119%Walleye Trading LLCBought 16,800 shares on 5/17/2024Ownership: 0.000%National Wealth Management Group LLCBought 14,311 shares on 5/17/2024Ownership: 0.022%Caxton Associates LPBought 100,594 shares on 5/16/2024Ownership: 0.213%Jane Street Group LLCBought 6,800 shares on 5/16/2024Ownership: 0.000%View All Institutional Transactions DQ Stock Analysis - Frequently Asked Questions Should I buy or sell Daqo New Energy stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Daqo New Energy in the last year. There are currently 2 sell ratings, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" DQ shares. View DQ analyst ratings or view top-rated stocks. What is Daqo New Energy's stock price target for 2024? 4 brokers have issued twelve-month price targets for Daqo New Energy's stock. Their DQ share price targets range from $17.50 to $45.00. On average, they expect the company's share price to reach $27.63 in the next year. This suggests a possible upside of 38.7% from the stock's current price. View analysts price targets for DQ or view top-rated stocks among Wall Street analysts. How have DQ shares performed in 2024? Daqo New Energy's stock was trading at $26.60 at the start of the year. Since then, DQ stock has decreased by 25.1% and is now trading at $19.92. View the best growth stocks for 2024 here. Are investors shorting Daqo New Energy? Daqo New Energy saw a drop in short interest in May. As of May 15th, there was short interest totaling 2,300,000 shares, a drop of 19.3% from the April 30th total of 2,850,000 shares. Based on an average trading volume of 1,360,000 shares, the days-to-cover ratio is currently 1.7 days. Currently, 3.5% of the company's stock are sold short. View Daqo New Energy's Short Interest. When is Daqo New Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our DQ earnings forecast. How were Daqo New Energy's earnings last quarter? Daqo New Energy Corp. (NYSE:DQ) issued its quarterly earnings data on Monday, April, 29th. The semiconductor company reported $0.24 earnings per share 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 analyst estimates of $491.90 million. Daqo New Energy had a trailing twelve-month return on equity of 2.46% and a net margin of 7.84%. During the same period in the previous year, the firm posted $3.52 earnings per share. What ETFs hold Daqo New Energy's stock? ETFs with the largest weight of Daqo New Energy (NYSE:DQ) stock in their portfolio include ProShares S&P Kensho Cleantech ETF (CTEX), Global X Clean Tech ETF (CTEC), SPDR S&P Kensho Clean Power ETF (CNRG), Global X MSCI China Information Technology ETF (CHIK), Invesco Solar ETF (TAN), ERShares NextGen Entrepreneurs ETF (ERSX), Invesco Golden Dragon China ETF (PGJ) and iShares MSCI China Small-Cap ETF (ECNS). When did Daqo New Energy's stock split? Daqo New Energy shares split on the morning of Tuesday, November 17th 2020. The 5-1 split was announced on Monday, October 26th 2020. The newly created 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. How will Daqo New Energy's stock buyback program work? Daqo New Energy announced that its Board of Directors has approved a stock repurchase plan on Wednesday, June 1st 2022, which permits the company to buyback $0.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's board believes its stock is undervalued. What other stocks do shareholders of Daqo New Energy own? Based on aggregate information from My MarketBeat watchlists, some companies that other Daqo New Energy investors own include NVIDIA (NVDA), Micron Technology (MU), Advanced Micro Devices (AMD), Alibaba Group (BABA), JD.com (JD), PayPal (PYPL), QUALCOMM (QCOM), Block (SQ), Enphase Energy (ENPH) and Netflix (NFLX). Who are Daqo New Energy's major shareholders? Daqo New Energy's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (3.00%), Ariose Capital Management Ltd (1.45%), BNP Paribas Financial Markets (1.06%), Sylebra Capital LLC (0.70%), Jupiter Asset Management Ltd. (0.52%) and Caxton Associates LP (0.21%). 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. Does Daqo New Energy have any subsidiaries? The following companies are subsidiares of Daqo New Energy: 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..Read More This page (NYSE:DQ) was last updated on 5/29/2024 by MarketBeat.com Staff From Our PartnersExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersThe #1 Crypto That You Don’t Own… YetCrypto 101 MediaA once-in-a-century investment opportunityStansberry ResearchWrite this ticker symbol down…StocksToTradeMust-See: Elon’s New Invention is Absolutely InsaneInvestorPlaceHe Is Giving Away BitcoinCrypto Swap ProfitsElon to Transform U.S. Economy? Porter & CompanyTop 5 AI Stocks to Buy for 2024Market Moving Trends Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Daqo New Energy Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
