NYSE:DQDaqo New Energy Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Daqo New Energy Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $51.42 -2.67 (-4.94 %) (As of 04/3/2020 04:00 PM ET) Add Compare Share Today's Range$50.00Now: $51.42▼$54.1550-Day Range$42.83MA: $61.46▼$77.6452-Week Range$30.75Now: $51.42▼$81.46Volume326,800 shsAverage Volume291,631 shsMarket Capitalization$557.24 millionP/E Ratio24.72Dividend YieldN/ABeta1.16 ProfileAnalyst RatingsAdvanced ChartEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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 Beat the Market (BTM) Rank™ 2.5 Analyst's Opinion Consensus RatingDaqo New Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $60.00, Daqo New Energy has a potential upside of 16.7% from its current price of $51.42.Amount of Analyst CoverageDaqo New Energy has only been the subject of 1 research reports in the past 90 days. Previous Next 2.6 Community Rank Outperform VotesDaqo New Energy has received 297 “outperform” votes. (Add your “outperform” vote.)Underperform VotesDaqo New Energy has received 271 “underperform” votes. (Add your “underperform” vote.)Community SentimentDaqo New Energy has received 52.29% “outperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldDaqo New Energy does not currently pay a dividend.Dividend GrowthDaqo New Energy does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Daqo New Energy insiders have not sold or bought any company stock.Percentage Held by Institutions47.65% of the stock of Daqo New Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Daqo New Energy are expected to grow by 19.70% in the coming year, from $8.78 to $10.51 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Daqo New Energy is 24.72, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 11.23.Price to Earnings Ratio vs. SectorThe P/E ratio of Daqo New Energy is 24.72, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 10.53.Price to Earnings Growth RatioDaqo New Energy has a PEG Ratio of 0.20. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioDaqo New Energy has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.5Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.72 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Semiconductors & related devices Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:DQ Previous Symbol CUSIPN/A CIK1477641 Webhttp://www.dqsolar.com/ Phone86-23-6486-6666Debt Debt-to-Equity Ratio0.27 Current Ratio0.39 Quick Ratio0.31Price-To-Earnings Trailing P/E Ratio24.72 Forward P/E Ratio5.86 P/E Growth0.2 Sales & Book Value Annual Sales$349.99 million Price / Sales1.59 Cash Flow$7.12 per share Price / Cash Flow7.22 Book Value$52.33 per share Price / Book0.98Profitability EPS (Most Recent Fiscal Year)$2.02 Net Income$29.52 million Net Margins8.44% Return on Equity6.18% Return on Assets3.25%Miscellaneous Employees1,518 Outstanding Shares10,837,000Market Cap$557.24 million Next Earnings Date5/19/2020 (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. DQ Rates by TradingView 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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, DQ stock has decreased by 10.9% and is now trading at $51.42. View which stocks have been mosted 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 Tuesday, May 19th 2020. View our earnings forecast for Daqo New Energy. How were Daqo New Energy's earnings last quarter? Daqo New Energy Corp (NYSE:DQ) released its quarterly earnings data on Wednesday, March, 11th. The semiconductor company reported $1.72 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.91 by $0.81. The semiconductor company earned $118.92 million during the quarter, compared to analyst estimates of $118.80 million. Daqo New Energy had a net margin of 8.44% and a return on equity of 6.18%. During the same period last year, the firm posted $1.16 earnings per share. View Daqo New Energy's earnings history. What price target have analysts set for DQ? 3 brokerages have issued twelve-month price targets for Daqo New Energy's stock. Their forecasts range from $50.00 to $70.00. On average, they anticipate Daqo New Energy's share price to reach $60.00 in the next twelve months. This suggests a possible upside of 16.7% from the stock's current price. View analysts' price targets for Daqo New Energy. Has Daqo New Energy been receiving favorable news coverage? News headlines about DQ stock have been trending very negative this week, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Daqo New Energy earned a daily sentiment score of -3.3 on InfoTrie's scale. They also assigned news coverage about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutDaqo New Energy. Are investors shorting Daqo New Energy? Daqo New Energy saw a decrease in short interest in the month of March. As of March 13th, there was short interest totaling 364,500 shares, a decrease of 20.2% from the February 27th total of 457,000 shares. Based on an average trading volume of 259,700 shares, the days-to-cover ratio is currently 1.4 days. Approximately 12.3% of the shares of the company are sold short. View Daqo New Energy's Current Options Chain. Who are some of Daqo New Energy's key competitors? Some companies that are related to Daqo New Energy include AU Optronics (AUO), AU Optronics (AUOTY), Dialog Semiconductor (DLGNF), Diodes (DIOD), Synaptics (SYNA), Amkor Technology (AMKR), Tower Semiconductor (TSEM), Ambarella (AMBA), FormFactor (FORM), Kulicke and Soffa Industries (KLIC), Silicon Motion Technology (SIMO), Rambus (RMBS), OSI Systems (OSIS), MACOM Technology Solutions (MTSI) and Canadian Solar (CSIQ). 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), Advanced Micro Devices (AMD), Alibaba Group (BABA), NVIDIA (NVDA), Baidu (BIDU), Energy Transfer LP Unit (ET), JD.Com (JD), Netflix (NFLX), Solaredge Technologies (SEDG) and Applied Materials (AMAT). 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." 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 $51.42. How big of a company is Daqo New Energy? Daqo New Energy has a market capitalization of $557.24 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 1,518 workers across the globe. View additional information about Daqo New Energy. 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] This page was last updated on 4/3/2020 by MarketBeat.com StaffFeatured Article: Compound Annual Growth Rate (CAGR)
