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Daqo New Energy (DQ)
NYSE:DQ
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DQ Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$13.62 - $37.92
Previous Close$14.73
Volume652.09K
Average Volume (3M)788.09K
Market Cap
$956.63M
Enterprise Value-$281.96M
Total Cash (Recent Filing)$3.04B
Total Debt (Recent Filing)$113.86M
Price to Earnings (P/E)―
Beta1.27
Next Earnings
Oct 24, 2024EPS Estimate
-$1.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.02
Shares Outstanding66,007,451
10 Day Avg. Volume844,383
30 Day Avg. Volume788,090
Standard Deviation0.23
R-Squared0.00398
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)0.20
Price to Sales (P/S)2.02
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue-0.11
Enterprise Value/Gross Profit-0.31
Enterprise Value/Ebitda-0.17
Forecast
1Y Price Target
$20.23Price Target Upside37.34% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Daqo New Energy News
Bulls Say, Bears Say
Bulls Say
Growth StrategyDaqo plans to continue expanding its production capacity to increase sales volume.
Operational EfficiencyDaqo's competitive advantage primarily lies in its low electricity cost.
Technological ImprovementsThe company also continuously improves its core Siemens process, most notably through the upgraded hydrochlorination steps.
Bears Say
Cash FlowA near-record free-cash-flow burn for the company is projected.
Expansion RisksDaqo is going ahead with a massive expansion of more poly-Si capacity despite poly-Si prices actively imploding.
Financial PerformanceDaqo’s 2Q24E gross margins are believed to go deeply negative, contrary to the current consensus of +3.9%.
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Ownership Overview
0.00%
Insiders
5.49% Mutual Funds
23.94% Other Institutional Investors
70.57% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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DQ FAQ
What was Daqo New Energy’s price range in the past 12 months?
Daqo New Energy lowest stock price was $13.62 and its highest was $37.92 in the past 12 months.
What is Daqo New Energy’s market cap?
Currently, no data Available
When is Daqo New Energy’s upcoming earnings report date?
Daqo New Energy’s upcoming earnings report date is Oct 24, 2024 which is in 54 days.
How were Daqo New Energy’s earnings last quarter?
Daqo New Energy released its earnings results on Aug 26, 2024. The company reported -$1.81 earnings per share for the quarter, missing the consensus estimate of -$0.695 by -$1.115.
Is Daqo New Energy overvalued?
According to Wall Street analysts Daqo New Energy’s price is currently Undervalued.
Does Daqo New Energy pay dividends?
Daqo New Energy does not currently pay dividends.
What is Daqo New Energy’s EPS estimate?
Daqo New Energy’s EPS estimate is -$1.04.
How many shares outstanding does Daqo New Energy have?
Daqo New Energy has 66,007,454 shares outstanding.
What happened to Daqo New Energy’s price movement after its last earnings report?
Daqo New Energy reported an EPS of -$1.81 in its last earnings report, missing expectations of -$0.695. Following the earnings report the stock price went down -3.355%.
Which hedge fund is a major shareholder of Daqo New Energy?
Among the largest hedge funds holding Daqo New Energy’s share is Causeway Capital Management LLC. It holds Daqo New Energy’s shares valued at 3M.
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Daqo New Energy Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$20.23 (37.34% Upside)
$20.23 (37.34% Upside)
Blogger Sentiment
Bullish
DQ Sentiment 70%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 1.1M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.6%
Last 30 Days ▼ 0.7%
Last 30 Days ▼ 0.7%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-59.96%
12-Months-Change
Fundamentals
Return on Equity
-1.39%
Trailing 12-Months
Asset Growth
-5.25%
Trailing 12-Months
Company Description
Daqo New Energy
Daqo New Energy Corp. is a holding company, which engages in the manufacture and sale of polysilicon products for the solar cell and module manufacturers. It operates through the Polysilicon and Wafer segment. The company was founded by Guang Fu Xu on November 22, 2007 and is headquartered in Chongqing, China.
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DQ Company Deck
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DQ Earnings Call
Q2 2024
0:00 / 0:00
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DQ Stock 12 Month Forecast
Average Price Target
$20.23
▲(37.34% Upside)
Technical Analysis
Best Analysts Covering DQ
1 Year
1 Year Success Rate
5/14 ratings generated profit
1 Year Average Return
+33.69%
reiterated a buy rating 2 months ago
Copying Alan Hon's trades and holding each position for 1 Year would result in 35.71% of your transactions generating a profit, with an average return of +33.69% per trade.
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