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

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$36.56 +0.12 (+0.33 %)
(As of 05/24/2019 04:00 PM ET)
Previous Close$36.56
Today's Range$35.80 - $36.91
52-Week Range$20.35 - $66.50
Volume168,277 shs
Average Volume305,783 shs
Market Capitalization$396.20 million
P/E Ratio8.23
Dividend YieldN/A
Beta2.03
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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Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustryN/A
SectorBasic Materials
CUSIPN/A
Phone86-23-6486-6666

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$301.60 million
Cash Flow$8.0175 per share
Book Value$48.46 per share

Profitability

Net Income$38.13 million

Miscellaneous

Employees1,702
Market Cap$396.20 million
Next Earnings Date8/6/2019 (Estimated)
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) posted its earnings results on Tuesday, May, 21st. The semiconductor company reported $0.81 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.33 by $0.48. The semiconductor company had revenue of $81.20 million for the quarter, compared to analysts' expectations of $80.80 million. Daqo New Energy had a net margin of 4.51% and a return on equity of 8.68%. During the same period in the prior year, the company posted $2.90 EPS. View Daqo New Energy's Earnings History.

When is Daqo New Energy's next earnings date?

Daqo New Energy is scheduled to release their next quarterly earnings announcement on Tuesday, August 6th 2019. View Earnings Estimates for Daqo New Energy.

What price target have analysts set for DQ?

2 brokerages have issued twelve-month price objectives for Daqo New Energy's shares. Their forecasts range from $48.00 to $58.00. On average, they anticipate Daqo New Energy's stock price to reach $53.00 in the next twelve months. This suggests a possible upside of 45.0% 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 coverage about DQ stock has been trending positive this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Daqo New Energy earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned media stories about the semiconductor company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near term.

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 Micron Technology (MU), NVIDIA (NVDA), Alibaba Group (BABA), Energy Transfer LP Unit (ET), Baidu (BIDU), Cornerstone Total Return Fund (CRF), Advanced Micro Devices (AMD), Applied Materials (AMAT), IPG Photonics (IPGP) and JD.Com (JD).

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 number of of institutional and retail 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 major 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 major 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 $36.56.

How big of a company is Daqo New Energy?

Daqo New Energy has a market capitalization of $396.20 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?

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

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)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  236 (Vote Outperform)
Underperform Votes:  191 (Vote Underperform)
Total Votes:  427
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.
This page was last updated on 5/25/2019 by MarketBeat.com Staff

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