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) announced its quarterly earnings data on Tuesday, November, 12th. The semiconductor company reported $0.67 earnings per share for the quarter, beating the Zacks' 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 last year, the business 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 equities research analysts have issued 1 year price targets for Daqo New Energy's shares. Their forecasts range from $50.00 to $50.00. On average, they expect Daqo New Energy's stock price to reach $50.00 in the next year. This suggests that the stock has a possible downside of 32.0%. 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.

Media coverage about DQ stock has been trending somewhat negative recently, InfoTrie reports. The research group rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Daqo New Energy earned a media sentiment score of -1.6 on InfoTrie's scale. They also assigned media coverage about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Daqo New Energy.

Some companies that are related to Daqo New Energy include Amkor Technology (AMKR), Power Integrations (POWI), Finisar (FNSR), Acacia Communications (ACIA), Lattice Semiconductor (LSCC), Synaptics (SYNA), Diodes (DIOD), Tower Semiconductor (TSEM), Ambarella (AMBA), FormFactor (FORM), MACOM Technology Solutions (MTSI), Rambus (RMBS), Silicon Motion Technology (SIMO), Kulicke and Soffa Industries (KLIC) and OSI Systems (OSIS).

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

Daqo New Energy's stock is owned by a number of of retail and institutional investors. Top institutional investors 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 purchased 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 $73.58.

Daqo New Energy has a market capitalization of $797.39 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]