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 $51.17 +0.88 (+1.75 %) (As of 05/29/2020 04:00 PM ET) Add Compare Share Today's Range$50.22Now: $51.17▼$52.5050-Day Range$44.66MA: $50.75▼$59.4652-Week Range$35.73Now: $51.17▼$81.46Volume259,414 shsAverage Volume199,283 shsMarket Capitalization$711.26 millionP/E Ratio13.22Dividend YieldN/ABeta0.85 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInstitutional 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™ 3.5 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 $69.50, Daqo New Energy has a potential upside of 35.8% from its current price of $51.17.Amount of Analyst CoverageDaqo New Energy has only been the subject of 2 research reports in the past 90 days. Previous Next 2.6 Community Rank Outperform VotesDaqo New Energy has received 298 “outperform” votes. (Add your “outperform” vote.)Underperform VotesDaqo New Energy has received 274 “underperform” votes. (Add your “underperform” vote.)Community SentimentDaqo New Energy has received 52.10% “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 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Daqo New Energy insiders have not sold or bought any company stock. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Daqo New Energy are expected to grow by 29.90% in the coming year, from $6.02 to $7.82 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Daqo New Energy is 13.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.72.Price to Earnings Ratio vs. SectorThe P/E ratio of Daqo New Energy is 13.22, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 20.71.Price to Earnings Growth RatioDaqo New Energy has a PEG Ratio of 0.25. 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 1.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 3.8 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.97 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 Webwww.dqsolar.com Phone86-21-5075-2918Debt Debt-to-Equity Ratio0.25 Current Ratio0.44 Quick Ratio0.36Price-To-Earnings Trailing P/E Ratio13.22 Forward P/E Ratio8.50 P/E Growth0.25 Sales & Book Value Annual Sales$349.99 million Price / Sales2.03 Cash Flow$6.98 per share Price / Cash Flow7.33 Book Value$42.82 per share Price / Book1.20Profitability EPS (Most Recent Fiscal Year)$2.02 Net Income$29.52 million Net Margins12.82% Return on Equity10.03% Return on Assets5.08%Miscellaneous Employees1,892 Outstanding Shares13,900,000Market Cap$711.26 million Next Earnings Date8/12/2020 (Estimated) OptionableOptionable DQ Rates by TradingView 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 Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, DQ shares have decreased by 11.3% and is now trading at $51.17. 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 earnings results on Wednesday, May, 20th. The semiconductor company reported $2.57 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.61 by $0.96. The semiconductor company had revenue of $168.83 million for the quarter, compared to analysts' expectations of $150.50 million. Daqo New Energy had a return on equity of 10.03% and a net margin of 12.82%. During the same period in the prior year, the business posted $0.81 EPS. View Daqo New Energy's earnings history. What price target have analysts set for DQ? 3 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 expect Daqo New Energy's share price to reach $69.50 in the next year. This suggests a possible upside of 35.8% 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 somewhat negative recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Daqo New Energy earned a coverage optimism score of -1.6 on InfoTrie's scale. They also gave media headlines about the semiconductor company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near future. View the latest news aboutDaqo New Energy. Who are some of Daqo New Energy's key competitors? Some companies that are related to Daqo New Energy include Acacia Communications (ACIA), Viavi Solutions (VIAV), Amkor Technology (AMKR), Diodes (DIOD), AU Optronics (AUOTY), AU Optronics (AUO), Synaptics (SYNA), Tower Semiconductor (TSEM), MACOM Technology Solutions (MTSI), Ambarella (AMBA), FormFactor (FORM), Rambus (RMBS), Silicon Motion Technology (SIMO), Kulicke and Soffa Industries (KLIC) and OSI Systems (OSIS). View all 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 acquired 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 $51.17. How big of a company is Daqo New Energy? Daqo New Energy has a market capitalization of $711.26 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 5/31/2020 by MarketBeat.com Staff
