A breakdown of the latest mutual funds holding iQIYI Inc ADR (IQ)

Stocks of iQIYI Inc ADR (NASDAQ:IQ) traded higher last session on Wall Street, up 3.53% to $4.99.

As we calculate the median target price by taking the range between a high of $73.16 and a low of $37.36, we find $54.86. Given the previous closing price of $4.82, this indicates a potential upside of 1038.17 percent. IQ stock price is now 5.31% away from the 50-day moving average and -13.05% away from the 200-day moving average. The market capitalization of the company currently stands at $2.61B.

Brokers who have rated the stock have averaged $53.88 as their price target over the next twelve months.

With the price target maintained at $5.12, Macquarie recently Upgraded its rating from Underperform to Neutral for iQIYI Inc ADR (NASDAQ: IQ).

A total of 0.07% of the company’s stock is owned by insiders.

Friday’s opening bell rang with an opening price of $4.9800 for iQIYI Inc ADR (NASDAQ: IQ). During the past 12 months, iQIYI Inc ADR has had a low of $2.00 and a high of $7.99. As of last week, the company has a debt-to-equity ratio of 1.41, a current ratio of 0.58, and a quick ratio of 0.58. The fifty day moving average price for IQ is $4.7436 and a two-hundred day moving average price translates $5.7367 for the stock.

The latest earnings results from iQIYI Inc ADR (NASDAQ: IQ) was released for Jun, 2023. According to the Entertainment Company, earnings per share came in at $0.05, inline with analysts’ expectations of $0.05. This compares to -$0.04 EPS in the same period last year. The net profit margin was 2.84% and return on equity was 10.60% for IQ. The company reported revenue of $1.11 billion for the quarter, compared to $1.01 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 10.55 percent. For the current quarter, analysts expect IQ to generate $1.1B in revenue.

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