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.
Industry, Sector and Symbol
Industry Semiconductors & related devices
Sub-IndustryN/A
SectorBasic Materials
Phone86-23-6486-6666
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$301.60 million
Profitability
Miscellaneous
Employees1,702
Next Earnings Date5/21/2019 (Confirmed)
OptionableOptionable
Daqo New Energy (NYSE:DQ) Frequently Asked Questions
What is Daqo New Energy's stock symbol?
Daqo New Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "DQ."
How were Daqo New Energy's earnings last quarter?
Daqo New Energy Corp (NYSE:DQ) released its quarterly earnings data on Wednesday, March, 13th. The semiconductor company reported $1.27 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.20 by $1.07. The semiconductor company had revenue of $75.60 million for the quarter, compared to analysts' expectations of $72.40 million. Daqo New Energy had a return on equity of 13.10% and a net margin of 12.17%. Daqo New Energy's revenue for the quarter was down 36.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.77 EPS. View Daqo New Energy's Earnings History.
When is Daqo New Energy's next earnings date?
What price target have analysts set for DQ?
2 Wall Street analysts have issued twelve-month target prices for Daqo New Energy's stock. Their predictions range from $48.00 to $58.00. On average, they anticipate Daqo New Energy's share price to reach $53.00 in the next twelve months. This suggests a possible upside of 47.7% from the stock's current price. View Analyst Price Targets for Daqo New Energy.
What is the consensus analysts' recommendation for Daqo New Energy?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Daqo New Energy in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Daqo New Energy.
Has Daqo New Energy been receiving favorable news coverage?
News headlines about DQ stock have trended somewhat negative this week, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Daqo New Energy earned a coverage optimism score of -1.2 on InfoTrie's scale. They also gave news stories about the semiconductor company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next few days.
Who are some of Daqo New Energy's key competitors?
Some companies that are related to Daqo New Energy include Rambus (RMBS), Kulicke and Soffa Industries (KLIC), FormFactor (FORM), SunPower (SPWR), Xperi (XPER), Imagination Tech. (IGNMF), Canadian Solar (CSIQ), Synaptics (SYNA), MACOM Technology Solutions (MTSI), Quantenna Communications (QTNA), Hanwha Q Cells (HQCL), Nlight (LASR), ChipMOS Technologies (IMOS), Photronics (PLAB) and Himax Technologies (HIMX).
What other stocks do shareholders of Daqo New Energy own?
Who are Daqo New Energy's key executives?
Daqo New Energy's management team includes the folowing 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
Who are Daqo New Energy's major shareholders?
Daqo New Energy's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Citigroup Inc. (4.34%), Morgan Stanley (3.23%), BlackRock Inc. (1.72%), Handelsbanken Fonder AB (1.51%), Goldman Sachs Group Inc. (1.32%) and Greenwoods Asset Management Ltd (0.54%).
Which institutional investors are selling Daqo New Energy stock?
DQ stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Guinness Atkinson Asset Management Inc and Guinness Asset Management 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 Handelsbanken Fonder AB, BlackRock Inc., Goldman Sachs Group Inc., Greenwoods Asset Management Ltd, Wellington Management Group LLP, Blackhawk Capital Partners LLC., Advisors Preferred LLC and SEI Investments Co.
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, Scottrade, Fidelity and Charles Schwab.
What is Daqo New Energy's stock price today?
One share of DQ stock can currently be purchased for approximately $35.88.
How big of a company is Daqo New Energy?
Daqo New Energy has a market capitalization of $388.83 million and generates $301.60 million in revenue each year. The semiconductor company earns $38.13 million in net income (profit) each year or $4.44 on an earnings per share basis. Daqo New Energy employs 1,702 workers across the globe.
What is Daqo New Energy's official website?
How can I contact Daqo New Energy?
Daqo New Energy's mailing address is 666 LONGDU AVENUE, WANZHOU F4, 404000. The semiconductor company can be reached via phone at 86-23-6486-6666 or via email at [email protected]
MarketBeat Community Rating for Daqo New Energy (NYSE DQ)
MarketBeat's community ratings are surveys of what our community members think about Daqo New Energy and other stocks. Vote "Outperform" if you believe DQ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DQ will underperform the S&P 500 over the long term. You may vote once every thirty days.
