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
Stock Exchange NYSE
Industry Semiconductors & related devices
Sub-IndustryN/A
SectorBasic Materials
Current SymbolNYSE:DQ
Previous Symbol
CUSIPN/A
Phone86-23-6486-6666
Debt
Debt-to-Equity Ratio0.23
Current Ratio1.26
Quick Ratio1.15
Price-To-Earnings
Trailing P/E Ratio2.99
Forward P/E Ratio6.26
P/E Growth0.21
Sales & Book Value
Annual Sales$352.85 million
Price / Sales0.75
Cash Flow$12.9026 per share
Price / Cash Flow1.95
Book Value$37.51 per share
Price / Book0.67
Profitability
EPS (Most Recent Fiscal Year)$8.50
Net Income$92.84 million
Net Margins17.71%
Return on Equity17.53%
Return on Assets10.23%
Miscellaneous
Employees1,702
Outstanding Shares10,520,000
Market Cap$256.33 million
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) announced its quarterly earnings results on Tuesday, November, 13th. The semiconductor company reported $0.32 EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($1.36) by $1.68. The semiconductor company earned $67.40 million during the quarter, compared to analyst estimates of $74.50 million. Daqo New Energy had a return on equity of 17.53% and a net margin of 17.71%. The firm's revenue was down 7.5% on a year-over-year basis. During the same period in the prior year, the firm posted $2.35 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?
3 brokerages have issued twelve-month price targets for Daqo New Energy's stock. 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 110.7% from the stock's current price. View Analyst Price Targets for Daqo New Energy.
What is the consensus analysts' recommendation for 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 1 hold rating and 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?
Media coverage about DQ stock has been trending positive this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Daqo New Energy earned a daily sentiment score of 3.0 on InfoTrie's scale. They also gave news stories about the semiconductor company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the next few days.
Who are some of Daqo New Energy's key competitors?
Some companies that are related to Daqo New Energy include MACOM Technology Solutions (MTSI), Canadian Solar (CSIQ), Lattice Semiconductor (LSCC), Rambus (RMBS), Xperi (XPER), SunPower (SPWR), Hanwha Q Cells (HQCL), Photronics (PLAB), Smart Global (SGH), Himax Technologies (HIMX), Nlight (LASR), ChipMOS Technologies (IMOS), Enphase Energy (ENPH), Quantenna Communications (QTNA) and CEVA (CEVA).
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 & Director (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)
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 Morgan Stanley (4.74%), Sensato Investors LLC (3.47%), BlackRock Inc. (0.69%), First Trust Advisors LP (0.50%), Guinness Asset Management Ltd (0.14%) and Prudential Financial Inc. (0.12%).
Which institutional investors are selling Daqo New Energy stock?
DQ stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC and First Trust Advisors LP.
Which institutional investors are buying Daqo New Energy stock?
DQ stock was bought by a variety of institutional investors in the last quarter, including Sensato Investors LLC, Morgan Stanley, Prudential Financial Inc., Jane Street Group LLC, Jefferies Group LLC, Seizert Capital Partners LLC, Guinness Asset Management Ltd and Guinness Atkinson Asset Management Inc.
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 $25.16.
How big of a company is Daqo New Energy?
Daqo New Energy has a market capitalization of $256.33 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.
What is Daqo New Energy's official website?
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)
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.
