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NYSE:DQ

Daqo New Energy Stock Forecast, Price & News

$121.39
-3.13 (-2.51 %)
(As of 09/24/2020 12:00 AM ET)
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Today's Range
$110.83
Now: $121.39
$125.95
50-Day Range
$96.53
MA: $115.62
$133.37
52-Week Range
$35.73
Now: $121.39
$137.03
Volume321,123 shs
Average Volume286,164 shs
Market Capitalization$1.69 billion
P/E Ratio28.97
Dividend YieldN/A
Beta0.93
Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon and wafers in the People's Republic of China. It operates through two segments, Polysilicon and Wafers. The company offers polysilicon to photovoltaic product manufacturers who further process its polysilicon into ingots, wafers, cells, and modules for solar power solutions. It also provides multi-crystalline wafers. 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 headquartered in Wanzhou, the People's Republic of China.
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Daqo New Energy logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.5Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.52 out of 5 stars


Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustryN/A
CUSIPN/A
Phone86-21-5075-2918

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$349.99 million
Cash Flow$7.25 per share
Book Value$52.33 per share

Profitability

Net Income$29.52 million

Miscellaneous

Employees1,892
Market Cap$1.69 billion
Next Earnings Date11/10/2020 (Estimated)
OptionableOptionable
$121.39
-3.13 (-2.51 %)
(As of 09/24/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Daqo New Energy (NYSE:DQ) Frequently Asked Questions

How has Daqo New Energy's stock been impacted by COVID-19?

Daqo New Energy's stock was trading at $57.70 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, DQ shares have increased by 110.4% and is now trading at $121.39.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Daqo New Energy?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Daqo New Energy in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Daqo New Energy
.

When is Daqo New Energy's next earnings date?

Daqo New Energy is scheduled to release its next quarterly earnings announcement on Tuesday, November 10th 2020.
View our earnings forecast for Daqo New Energy
.

How were Daqo New Energy's earnings last quarter?

Daqo New Energy Corp (NYSE:DQ) announced its earnings results on Tuesday, August, 18th. The semiconductor company reported $0.47 EPS for the quarter, topping the consensus estimate of ($0.03) by $0.50. Daqo New Energy had a return on equity of 10.52% and a net margin of 12.01%. During the same period in the prior year, the business earned $0.16 EPS.
View Daqo New Energy's earnings history
.

What price target have analysts set for DQ?

3 equities research analysts have issued 1-year target prices for Daqo New Energy's shares. Their forecasts range from $69.00 to $150.00. On average, they anticipate Daqo New Energy's share price to reach $109.50 in the next twelve months. This suggests that the stock has a possible downside of 9.8%.
View analysts' price targets for Daqo New Energy
.

Are investors shorting Daqo New Energy?

Daqo New Energy saw a decline in short interest in the month of August. As of August 31st, there was short interest totaling 285,100 shares, a decline of 18.1% from the August 15th total of 348,000 shares. Based on an average trading volume of 322,000 shares, the short-interest ratio is presently 0.9 days.
View Daqo New Energy's Short Interest
.

Who are some of Daqo New Energy's key competitors?

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), QUALCOMM (QCOM), Square (SQ), Baidu (BIDU), Enphase Energy (ENPH) and Mastercard (MA).

Who are Daqo New Energy's key executives?

Daqo New Energy's management team includes the following people:
  • Mr. Guangfu Xu, Founder & Chairman (Age 76)
  • Mr. Longgen Zhang, CEO & Director (Age 54)
  • Mr. Ming Yang, Chief Financial Officer (Age 46)
  • Mr. Qiangmin Zhou, Chief Technology Officer (Age 51)
  • Kevin He, Head of Investor Relations

What is Daqo New Energy's stock symbol?

Daqo New Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "DQ."

Who are Daqo New Energy's major shareholders?

Daqo New Energy's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Bank of America Corp DE (2.53%), Handelsbanken Fonder AB (2.27%), Canada Pension Plan Investment Board (2.27%), Vanguard Group Inc. (2.05%), Electron Capital Partners LLC (1.52%) and UBS Group AG (1.36%).

Which institutional investors are selling Daqo New Energy stock?

DQ stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., BosValen Asset Management Ltd, Assenagon Asset Management S.A., M&G Investment Management Ltd., Navellier & Associates Inc, California Public Employees Retirement System, CoreCommodity Management LLC, and Quadrature Capital Ltd.

Which institutional investors are buying Daqo New Energy stock?

DQ stock was purchased by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Electron Capital Partners LLC, Handelsbanken Fonder AB, Perseverance Asset Management International, Goldman Sachs Group Inc., Marshall Wace LLP, UBS Group AG, and Barclays PLC.

How do I buy shares of Daqo New Energy?

Shares of DQ 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 Daqo New Energy's stock price today?

One share of DQ stock can currently be purchased for approximately $121.39.

How big of a company is Daqo New Energy?

Daqo New Energy has a market capitalization of $1.69 billion and generates $349.99 million in revenue each year. The semiconductor company earns $29.52 million in net income (profit) each year or $2.02 on an earnings per share basis. Daqo New Energy employs 1,892 workers across the globe.

What is Daqo New Energy's official website?

The official website for Daqo New Energy is www.dqsolar.com.

How can I contact Daqo New Energy?

Daqo New Energy's mailing address is ROOM C 29TH FLOOR HUADU BUILDING NO.838 ZHANGYANG ROAD PUDONG, SHANGHAI F4, 200122. The semiconductor company can be reached via phone at 86-21-5075-2918 or via email at [email protected]

This page was last updated on 9/25/2020 by MarketBeat.com Staff

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