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
SymbolNYSE:DQ
CUSIPN/A
Phone86-23-6486-6666
Debt
Debt-to-Equity Ratio0.25
Current Ratio0.76
Quick Ratio0.67
Price-To-Earnings
Trailing P/E Ratio3.96
Forward P/E RatioN/A
P/E Growth0.66
Sales & Book Value
Annual Sales$352.85 million
Price / Sales1.00
Cash Flow$11.8404 per share
Price / Cash2.82
Book Value$37.51 per share
Price / Book0.89
Profitability
EPS (Most Recent Fiscal Year)$8.50
Net Income$92.84 million
Net Margins27.28%
Return on Equity27.20%
Return on Assets13.95%
Miscellaneous
Employees1,702
Outstanding Shares10,520,000
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 quarterly earnings data on Tuesday, May, 8th. The semiconductor company reported $2.79 EPS for the quarter, beating analysts' consensus estimates of $2.26 by $0.53. The semiconductor company had revenue of $103.30 million for the quarter, compared to analyst estimates of $96.75 million. Daqo New Energy had a return on equity of 27.20% and a net margin of 27.28%. The business's revenue for the quarter was up 23.3% compared to the same quarter last year. During the same quarter last year, the company earned $2.32 earnings per share. 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 1 year price objectives for Daqo New Energy's shares. Their predictions range from $40.00 to $40.00. On average, they anticipate Daqo New Energy's share price to reach $40.00 in the next year. View Analyst Ratings for Daqo New Energy.
Who are some of Daqo New Energy's key competitors?
Some companies that are related to Daqo New Energy include Oclaro (OCLR), Ambarella (AMBA), Rambus (RMBS), OSI Systems (OSIS), Acacia Communications (ACIA), Himax (HIMX), Dialog Semiconductor (DLGNF), Nlight (LASR), SunPower (SPWR), MaxLinear (MXL), FormFactor (FORM), Applied Optoelectronics (AAOI), Xperi (XPER), Lattice Semiconductor (LSCC) and Smart Global (SGH).
Who are Daqo New Energy's key executives?
Daqo New Energy's management team includes the folowing people:
- Mr. Guangfu Xu, Founder & Chairman (Age 75)
- Mr. Longgen Zhang, CEO & Member Exec. Board (Age 53)
- Mr. Ming Yang, Chief Financial Officer (Age 45)
- Mr. Qiangmin Zhou, Chief Technology Officer (Age 50)
- Mr. Shihua Su, Chief Marketing Officer (Age 43)
Has Daqo New Energy been receiving favorable news coverage?
News stories about DQ stock have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Daqo New Energy earned a news sentiment score of 0.08 on Accern's scale. They also assigned media coverage about the semiconductor company an impact score of 46.11 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
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 shareholders include JPMorgan Chase & Co. (5.50%), Guggenheim Capital LLC (3.59%), Millennium Management LLC (1.84%), Citigroup Inc. (1.01%), Boston Partners (0.54%) and Navellier & Associates Inc (0.53%). View Institutional Ownership Trends for Daqo New Energy.
Which institutional investors are selling Daqo New Energy stock?
Which institutional investors are buying Daqo New Energy stock?
DQ stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Citigroup Inc., Millennium Management LLC, Guggenheim Capital LLC, Navellier & Associates Inc, Cavalier Investments LLC, UBS Group AG and Van ECK Associates Corp. View Insider Buying and Selling for Daqo New Energy.
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 $33.51.
How big of a company is Daqo New Energy?
Daqo New Energy has a market capitalization of $370.97 million and generates $352.85 million in revenue each year. The semiconductor company earns $92.84 million in net income (profit) each year or $8.50 on an earnings per share basis. Daqo New Energy employs 1,702 workers across the globe.
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 (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.
