NYSE:DQ - Daqo New Energy Stock Price, Forecast & News

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

Daqo New Energy Corp (NYSE:DQ) issued its quarterly earnings data on Tuesday, November, 12th. The semiconductor company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.24. The semiconductor company had revenue of $83.91 million for the quarter, compared to analyst estimates of $85.60 million. Daqo New Energy had a net margin of 6.79% and a return on equity of 5.68%. During the same period in the previous year, the firm earned $0.32 EPS. View Daqo New Energy's Earnings History.

Daqo New Energy is scheduled to release their next quarterly earnings announcement on Wednesday, March 11th 2020. View Earnings Estimates for Daqo New Energy.

2 analysts have issued 12-month price targets for Daqo New Energy's stock. Their forecasts range from $50.00 to $50.00. On average, they anticipate Daqo New Energy's share price to reach $50.00 in the next year. This suggests that the stock has a possible downside of 29.6%. View Analyst Price Targets 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.

News articles about DQ stock have trended very negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Daqo New Energy earned a news impact score of -3.0 on InfoTrie's scale. They also gave news coverage about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Daqo New Energy.

Some companies that are related to Daqo New Energy include AU Optronics (AUOTY), BE Semiconductor Industrs (BESIY), Finisar (FNSR), Acacia Communications (ACIA), Semtech (SMTC), Power Integrations (POWI), Amkor Technology (AMKR), Synaptics (SYNA), Diodes (DIOD), Lattice Semiconductor (LSCC), Ambarella (AMBA), Tower Semiconductor (TSEM), MACOM Technology Solutions (MTSI), FormFactor (FORM) and Rambus (RMBS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Daqo New Energy investors own include Micron Technology (MU), Alibaba Group (BABA), Advanced Micro Devices (AMD), NVIDIA (NVDA), Energy Transfer LP Unit (ET), Baidu (BIDU), Netflix (NFLX), JD.Com (JD), Broadcom (AVGO) and Canadian Solar (CSIQ).

Daqo New Energy's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Citigroup Inc. (4.57%), Bank of America Corp DE (3.36%), State Street Corp (2.13%), Handelsbanken Fonder AB (1.49%), Goldman Sachs Group Inc. (1.32%) and Banco Santander S.A. (1.20%).

DQ stock was sold by a variety of institutional investors in the last quarter, including Barclays PLC, Handelsbanken Fonder AB, Alliancebernstein L.P., State Street Corp, Amundi Pioneer Asset Management Inc., Granite Point Capital Management L.P., SG Americas Securities LLC and Sensato Investors LLC.

DQ stock was bought by a variety of institutional investors in the last quarter, including Banco Santander S.A., Bank of America Corp DE, Renaissance Technologies LLC, Central Asset Investments & Management Holdings HK Ltd, Pinpoint Asset Management Ltd, Citigroup Inc., BosValen Asset Management Ltd and Sei Investments Co..

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.

One share of DQ stock can currently be purchased for approximately $71.03.

Daqo New Energy has a market capitalization of $769.75 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 1,518 workers across the globe.View Additional Information About Daqo New Energy.

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

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]