iQIYI (IQ) to Release Earnings on Tuesday

iQIYI (NASDAQ:IQ - Get Free Report) is expected to be issuing its quarterly earnings data before the market opens on Tuesday, February 18th. Analysts expect the company to announce earnings of ($0.04) per share and revenue of $6.62 billion for the quarter. Parties that wish to register for the company's conference call can do so using this link.

iQIYI (NASDAQ:IQ - Get Free Report) last issued its earnings results on Thursday, November 21st. The company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.04 by $0.02. iQIYI had a return on equity of 13.26% and a net margin of 4.69%. During the same period in the prior year, the company posted $0.07 earnings per share. On average, analysts expect iQIYI to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

iQIYI Price Performance

NASDAQ IQ traded up $0.02 during trading hours on Friday, hitting $2.54. The company had a trading volume of 37,883,172 shares, compared to its average volume of 25,634,432. iQIYI has a 52 week low of $1.82 and a 52 week high of $5.80. The firm has a 50 day simple moving average of $2.13 and a 200 day simple moving average of $2.37. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.45 and a current ratio of 0.45. The firm has a market capitalization of $2.44 billion, a price-to-earnings ratio of 12.70, a PEG ratio of 3.76 and a beta of 0.03.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on IQ. Hsbc Global Res raised iQIYI from a "moderate sell" rating to a "hold" rating in a report on Thursday, January 16th. OTR Global reaffirmed a "negative" rating on shares of iQIYI in a report on Wednesday, January 8th. HSBC raised iQIYI from a "reduce" rating to a "hold" rating and set a $2.15 price target on the stock in a report on Thursday, January 16th. Citigroup lowered their price target on iQIYI from $3.00 to $2.80 and set a "buy" rating on the stock in a report on Thursday, January 16th. Finally, JPMorgan Chase & Co. lowered their price target on iQIYI from $2.50 to $1.80 and set a "neutral" rating on the stock in a report on Friday, November 22nd. One analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat.com, iQIYI has a consensus rating of "Hold" and a consensus target price of $2.91.

iQIYI Company Profile

iQIYI, Inc, together with its subsidiaries, provides online entertainment video services in the People's Republic of China. It offers various products and services, including online video, online games, online literature, animations, and other products. The company operates a platform that provides a collection of internet video content, such as professionally produced content licensed from professional content providers and self-produced content.