NYSE:DQ Daqo New Energy (DQ) Stock Price, News & Analysis $20.94 -5.16 (-19.77%) (As of 10/8/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About Daqo New Energy Stock (NYSE:DQ) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Daqo New Energy alerts:Sign Up Key Stats Today's Range$20.84▼$22.7550-Day Range$14.02▼$26.1052-Week Range$13.62▼$30.03Volume2.20 million shsAverage Volume1.07 million shsMarket Capitalization$1.38 billionP/E Ratio9.83Dividend YieldN/APrice Target$22.26Consensus RatingModerate Buy Company OverviewDaqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufacturers in the People's Republic of China. Its products are used in ingots, wafers, cells, and modules for solar power solutions. 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 based in Shanghai, the People's Republic of China.Read More… Ex WH Advisor Who Predicted Biden Leaving Race Makes Startling New Prediction (Ad)Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.Click here to see it because it’s a SHOCKER… Daqo New Energy Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks61st Percentile Overall ScoreDQ MarketRank™: Daqo New Energy scored higher than 61% of companies evaluated by MarketBeat, and ranked 110th out of 192 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.4 / 5Analyst RatingModerate Buy Consensus RatingDaqo New Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 3 buy ratings, 1 hold rating, and 1 sell rating.Amount of Analyst CoverageDaqo New Energy has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Daqo New Energy's stock forecast and price target. Earnings and Valuation2.5 / 5Proj. Earnings GrowthGrowing Earnings GrowthEarnings for Daqo New Energy are expected to grow in the coming year, from ($3.35) to ($1.22) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Daqo New Energy is 9.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.10.Price to Earnings Ratio vs. SectorThe P/E ratio of Daqo New Energy is 9.83, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 122.43.Price to Book Value per Share RatioDaqo New Energy has a P/B Ratio of 0.25. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Daqo New Energy's valuation and earnings. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted6.08% of the float of Daqo New Energy has been sold short.Short Interest Ratio / Days to CoverDaqo New Energy has a short interest ratio ("days to cover") of 5.2.Change versus previous monthShort interest in Daqo New Energy has recently decreased by 1.00%, indicating that investor sentiment is improving. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldDaqo New Energy does not currently pay a dividend.Dividend GrowthDaqo New Energy does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted6.08% of the float of Daqo New Energy has been sold short.Short Interest Ratio / Days to CoverDaqo New Energy has a short interest ratio ("days to cover") of 5.2.Change versus previous monthShort interest in Daqo New Energy has recently decreased by 1.00%, indicating that investor sentiment is improving. News and Social Media2.9 / 5News Sentiment1.26 News SentimentDaqo New Energy has a news sentiment score of 1.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 18 news articles for Daqo New Energy this week, compared to 4 articles on an average week.Search InterestOnly 8 people have searched for DQ on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Daqo New Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Daqo New Energy insiders have not sold or bought any company stock.Percentage Held by Insiders24.30% of the stock of Daqo New Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions47.22% of the stock of Daqo New Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Daqo New Energy's insider trading history. Receive DQ Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Daqo New Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address DQ Stock News HeadlinesDaqo New Energy Target of Unusually Large Options Trading (NYSE:DQ)October 8 at 1:23 AM | americanbankingnews.comDaqo New Energy (NYSE:DQ) Shares Gap Down - Should You Sell?October 5 at 7:21 PM | americanbankingnews.comElon knows the truth, which is why they want him silencedElon Musk is one of mankind’s greatest innovators. But for all his visionary prowess and contributions to humanity, there is a war being waged on Elon Musk. This war has nothing to do with X, Elon’s stance on immigration or his support for Donald Trump. October 8, 2024 | Porter & Company (Ad)Chinese EV and Solar Stocks Soared This WeekOctober 4, 2024 | fool.comDaqo New Energy (NYSE:DQ) Trading Up 6.8% - Still a Buy?October 4, 2024 | americanbankingnews.comHsbc Global Res Upgrades Daqo New Energy (NYSE:DQ) to Strong-BuyOctober 4, 2024 | americanbankingnews.comDaqo New Energy (NYSE:DQ) Upgraded at HSBCOctober 3, 2024 | americanbankingnews.comDaqo New Energy Corp (DQ) Shares Up 5.75% on Oct 2October 2, 2024 | gurufocus.comSee More Headlines DQ Stock Analysis - Frequently Asked Questions How have DQ shares performed this year? Daqo New Energy's stock was trading at $26.60 at the beginning of 2024. Since then, DQ stock has decreased by 21.3% and is now trading at $20.94. View the best growth stocks for 2024 here. How were Daqo New Energy's earnings last quarter? Daqo New Energy Corp. (NYSE:DQ) posted its quarterly earnings data on Monday, August, 26th. The semiconductor company reported ($1.81) EPS for the quarter, missing analysts' consensus estimates of ($0.56) by $1.25. The semiconductor company earned $219.91 million during the quarter, compared to the consensus estimate of $406.50 million. Daqo New Energy had a negative net margin of 4.11% and a negative trailing twelve-month return on equity of 1.04%. When did Daqo New Energy's stock split? Shares of Daqo New Energy split on Tuesday, November 17th 2020. The 5-1 split was announced on Monday, October 26th 2020. The newly issued shares were payable to shareholders after the market closes on Monday, November 16th 2020. An investor that had 100 shares of stock prior to the split would have 500 shares after the split. Is Daqo New Energy buying back stock? Daqo New Energy's board authorized a share buyback program on Monday, July 22nd 2024, which authorizes the company to repurchase $100,000,000 in shares, according to EventVestor. This means that the company could reacquire up to 8.6% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board of directors believes its shares are undervalued. Does Daqo New Energy have any subsidiaries? The following companies are subsidiaries of Daqo New Energy: Chongqing Daqo New Energy Co. Ltd., Daqo New Energy (Hong Kong) Co. Limited, Xinjiang Daqo Guodi Silicon Material Technology Co. Ltd., Xinjiang Daqo Investment Co. Ltd., Xinjiang Daqo Lvchuang Environmental Technology Co. Ltd., and Xinjiang Daqo New Energy Co. Ltd.. Who are Daqo New Energy's major shareholders? Daqo New Energy's top institutional shareholders include Green Alpha Advisors LLC (0.04%) and SG Americas Securities LLC (0.01%). How do I buy shares of Daqo New Energy? Shares of DQ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Daqo New Energy own? Based on aggregate information from My MarketBeat watchlists, some other companies that Daqo New Energy investors own include NVIDIA (NVDA), Micron Technology (MU), Advanced Micro Devices (AMD), Alibaba Group (BABA), JD.com (JD), PayPal (PYPL) and QUALCOMM (QCOM). Company Calendar Last Earnings8/26/2024Today10/08/2024Next Earnings (Estimated)11/04/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBasic Materials Industry Semiconductors & related devices Sub-IndustryElectronic Equipment Current SymbolNYSE:DQ CUSIPN/A CIK1477641 Webwww.dqsolar.com Phone862150752918Fax86-21-5836-7021Employees5,765Year Founded2007Price Target and Rating Average Stock Price Target$22.26 High Stock Price Target$34.05 Low Stock Price Target$15.00 Potential Upside/Downside+6.3%Consensus RatingModerate Buy Rating Score (0-4)2.86 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$2.13 Trailing P/E Ratio9.83 Forward P/E RatioN/A P/E GrowthN/ANet Income$429.55 million Net Margins-4.11% Pretax Margin-0.18% Return on Equity-1.04% Return on Assets-0.91% Debt Debt-to-Equity RatioN/A Current Ratio4.57 Quick Ratio4.27 Sales & Book Value Annual Sales$1.60 billion Price / Sales0.87 Cash Flow$9.48 per share Price / Cash Flow2.21 Book Value$83.46 per share Price / Book0.25Miscellaneous Outstanding Shares66,007,000Free Float49,967,000Market Cap$1.38 billion OptionableOptionable Beta0.32 Social Links 20 High-Yield Dividend Stocks that Could Ruin Your RetirementAlmost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.Get This Free Report This page (NYSE:DQ) was last updated on 10/8/2024 by MarketBeat.com Staff From Our PartnersElon Musk’s chilling warning for humanityThe 'invasion' I've discovered has nothing to do with the border crisis. What's happening at our southern bord...The Freeport Society | SponsoredWhat Is the $7,882 Stimulus Payment 2024?Biden’s government just announced a new government "stimulus program"... And it could hand you a payment fo...Angel Publishing | SponsoredWrite this ticker symbol down…A megatrend now poised to mint a brand-new wave of millionaires right here in America. 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