Log in

NYSE:DQDaqo New Energy Stock Price, Forecast & News

$58.88
+2.71 (+4.82 %)
(As of 06/5/2020 04:00 PM ET)
Add
Compare
Today's Range
$57.69
Now: $58.88
$60.99
50-Day Range
$44.66
MA: $50.92
$59.46
52-Week Range
$35.73
Now: $58.88
$81.46
Volume338,570 shs
Average Volume205,816 shs
Market Capitalization$818.43 million
P/E Ratio15.21
Dividend YieldN/A
Beta0.83
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.
Read More
Daqo New Energy logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.5Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 3.8 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.77 out of 5 stars


Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustryN/A
CUSIPN/A
Phone86-21-5075-2918

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$349.99 million
Cash Flow$7.31 per share
Book Value$52.33 per share

Profitability

Net Income$29.52 million

Miscellaneous

Employees1,892
Market Cap$818.43 million
Next Earnings Date8/12/2020 (Estimated)
OptionableOptionable

Receive DQ News and Ratings via Email

Sign-up to receive the latest news and ratings for DQ and its competitors with MarketBeat's FREE daily newsletter.

Daqo New Energy (NYSE:DQ) Frequently Asked Questions

How has Daqo New Energy's stock been impacted by COVID-19 (Coronavirus)?

Daqo New Energy's stock was trading at $57.70 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, DQ shares have increased by 2.0% and is now trading at $58.88. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Daqo New Energy?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Daqo New Energy in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Daqo New Energy.

When is Daqo New Energy's next earnings date?

Daqo New Energy is scheduled to release its next quarterly earnings announcement on Wednesday, August 12th 2020. View our earnings forecast for Daqo New Energy.

How were Daqo New Energy's earnings last quarter?

Daqo New Energy Corp (NYSE:DQ) posted its quarterly earnings results on Wednesday, May, 20th. The semiconductor company reported $2.57 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.61 by $0.96. The semiconductor company earned $168.83 million during the quarter, compared to analyst estimates of $150.50 million. Daqo New Energy had a net margin of 12.82% and a return on equity of 10.03%. During the same period last year, the firm posted $0.81 earnings per share. View Daqo New Energy's earnings history.

What price target have analysts set for DQ?

3 Wall Street analysts have issued 12-month target prices for Daqo New Energy's stock. Their forecasts range from $69.00 to $70.00. On average, they anticipate Daqo New Energy's share price to reach $69.50 in the next twelve months. This suggests a possible upside of 18.0% from the stock's current price. View analysts' price targets for Daqo New Energy.

Has Daqo New Energy been receiving favorable news coverage?

Media headlines about DQ stock have been trending extremely negative recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded 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 -4.4 on InfoTrie's scale. They also gave media headlines about the semiconductor company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the near term. View the latest news aboutDaqo New Energy.

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 NVIDIA (NVDA), Micron Technology (MU), Advanced Micro Devices (AMD), Alibaba Group (BABA), Baidu (BIDU), Energy Transfer LP Unit (ET), JD.Com (JD), Netflix (NFLX), QUALCOMM (QCOM) and Square (SQ).

Who are Daqo New Energy's key executives?

Daqo New Energy's management team includes the following 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

What is Daqo New Energy's stock symbol?

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

Who are Daqo New Energy's major shareholders?

Daqo New Energy's stock is owned by many different institutional and retail investors. Top institutional investors include Nomura Holdings Inc. (80.74%), Morgan Stanley (5.73%), Morgan Stanley (5.73%), Invesco Ltd. (4.15%), State Street Corp (2.43%) and BlackRock Inc. (1.89%).

Which major investors are selling Daqo New Energy stock?

DQ stock was sold by a variety of institutional investors in the last quarter, including Sandbar Asset Management LLP, BosValen Asset Management Ltd, Sensato Investors LLC, Guinness Asset Management Ltd, Guinness Atkinson Asset Management Inc, JPMorgan Chase & Co., and Zurcher Kantonalbank Zurich Cantonalbank.

Which major investors are buying Daqo New Energy stock?

DQ stock was bought by a variety of institutional investors in the last quarter, including Nomura Holdings Inc., UBS Group AG, APG Asset Management N.V., APG Asset Management N.V., APG Asset Management N.V., Taikang Asset Management Hong Kong Co Ltd, Pinpoint Asset Management Ltd, and Assenagon Asset Management S.A..

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, Robinhood, Fidelity, and Charles Schwab.

What is Daqo New Energy's stock price today?

One share of DQ stock can currently be purchased for approximately $58.88.

How big of a company is Daqo New Energy?

Daqo New Energy has a market capitalization of $818.43 million and generates $349.99 million in revenue each year. The semiconductor company earns $29.52 million in net income (profit) each year or $2.02 on an earnings per share basis. Daqo New Energy employs 1,892 workers across the globe.

What is Daqo New Energy's official website?

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

How can I contact Daqo New Energy?

Daqo New Energy's mailing address is ROOM C 29TH FLOOR HUADU BUILDING NO.838 ZHANGYANG ROAD PUDONG, SHANGHAI F4, 200122. The semiconductor company can be reached via phone at 86-21-5075-2918 or via email at [email protected]

This page was last updated on 6/6/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.