In yesterday’s Wall Street session, iQIYI Inc ADR (NASDAQ:IQ) shares traded at $4.64, down -1.07% from the previous session.
31 analysts cover iQIYI Inc ADR (NASDAQ:IQ), according to research data. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $71.34 and a low of $35.67, we find $49.65. Given the previous closing price of $4.69, this indicates a potential upside of 958.64 percent. IQ stock price is now -2.91% away from the 50-day moving average and -17.20% away from the 200-day moving average. The market capitalization of the company currently stands at $2.42B.
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The stock has received a hold rating from 9 analysts and a buy rating from 19. Brokers who have rated the stock have averaged $48.98 as their price target over the next twelve months.
A total of 0.07% of the company’s stock is owned by insiders.
On Tuesday morning iQIYI Inc ADR (NASDAQ: IQ) stock kicked off with the opening price of $4.6600. During the past 12 months, iQIYI Inc ADR has had a low of $2.41 and a high of $7.99. As of last week, the company has a debt-to-equity ratio of 1.37, a current ratio of 0.51, and a quick ratio of 0.51. According to the stock market information, the enterprise value for the company is $5.86B, which is based on a 17.65 price-to-earnings ratio, a 3.95 price-to-earnings-growth ratio, and a beta of 0.54. The fifty day moving average price for IQ is $4.7792 and a two-hundred day moving average price translates $5.6038 for the stock.
The latest earnings results from iQIYI Inc ADR (NASDAQ: IQ) was released for Sep, 2023. According to the Entertainment Company, earnings per share came in at $0.07, inline with analysts’ expectations of $0.07. This compares to -$0.07 EPS in the same period last year. The net profit margin was 5.57% and return on equity was 21.84% for IQ. The company reported revenue of $1.11 billion for the quarter, compared to $1.09 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.48 percent. For the current quarter, analysts expect IQ to generate $1.11B in revenue.
