NYSE:DQ Daqo New Energy (DQ) Stock Price, News & Analysis $15.19 -0.16 (-1.04%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$14.91▼$15.6050-Day Range$14.02▼$17.6252-Week Range$13.62▼$35.38Volume492,308 shsAverage Volume1.05 million shsMarket Capitalization$1.00 billionP/E Ratio7.13Dividend YieldN/APrice Target$22.26 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Daqo New Energy alerts: Email Address Daqo New Energy MarketRank™ Stock AnalysisAnalyst RatingHold2.43 Rating ScoreUpside/Downside46.6% Upside$22.26 Price TargetShort InterestBearish5.01% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.04Based on 5 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($3.35) to ($1.22) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.17 out of 5 starsBasic Materials Sector56th out of 180 stocksSemiconductors & Related Devices Industry30th out of 85 stocks 4.2 Analyst's Opinion Consensus RatingDaqo New Energy has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 2 buy ratings, 3 hold ratings, 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. Previous Next 2.0 Short Interest Percentage of Shares Shorted5.01% 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 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Daqo New Energy has recently increased by 21.11%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldDaqo New Energy does not currently pay a dividend.Dividend GrowthDaqo New Energy does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DQ. Previous Next 3.9 News and Social Media Coverage News SentimentDaqo New Energy has a news sentiment score of 1.04. 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 0.46 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Daqo New Energy this week, compared to 4 articles on an average week.Search Interest14 people have searched for DQ on MarketBeat in the last 30 days. This is an increase of 8% compared to the previous 30 days.MarketBeat Follows4 people have added Daqo New Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 2.5 Company Ownership 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. Previous Next 2.5 Earnings and Valuation 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 7.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.08.Price to Earnings Ratio vs. SectorThe P/E ratio of Daqo New Energy is 7.13, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 118.24.Price to Book Value per Share RatioDaqo New Energy has a P/B Ratio of 0.16. 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. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss Ratings“Fed Proof” Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.Learn these 4 simple steps and protect your savings before it’s too late. About Daqo New Energy Stock (NYSE:DQ)Daqo 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 DQ Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DQ Stock News HeadlinesAugust 31, 2024 | marketbeat.comMarketBeat Week in Review – 8/26 - 8/30 (DQ)The major indexes moved between gains and losses to end the month, but the volatility may ramp back up with the release of the jobs report next FridayAugust 30, 2024 | marketbeat.comThe Solar Stock Battle: Is Daqo or JinkoSolar Your Next Big Win? (DQ)Daqo and JinkoSolar both struggled with losses due to low prices for solar components, while larger rival First Solar maintained profitability.September 7, 2024 | Timothy Sykes (Ad)Tim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…September 5 at 2:11 AM | americanbankingnews.comDaqo New Energy (NYSE:DQ) Upgraded to Sell at StockNews.comAugust 31, 2024 | americanbankingnews.comDaqo New Energy (NYSE:DQ) Shares Gap Up to $14.04August 31, 2024 | americanbankingnews.comRoth Capital Comments on Daqo New Energy Corp.'s Q1 2026 Earnings (NYSE:DQ)August 30, 2024 | americanbankingnews.comDaqo New Energy (NYSE:DQ) Lifted to Hold at Hsbc Global ResAugust 30, 2024 | americanbankingnews.comDaqo New Energy (NYSE:DQ) PT Lowered to $15.00September 7, 2024 | Timothy Sykes (Ad)Tim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…August 30, 2024 | americanbankingnews.comDaqo New Energy (NYSE:DQ) Stock Price Down 5.1% After Analyst DowngradeAugust 29, 2024 | americanbankingnews.comDaqo New Energy (NYSE:DQ) Stock Price Up 3.2%August 29, 2024 | americanbankingnews.comBrokerages Set Daqo New Energy Corp. (NYSE:DQ) PT at $21.83August 28, 2024 | msn.comHSBC Upgrades Daqo New Energy - Depositary Receipt () (DQ)August 28, 2024 | markets.businessinsider.comDaqo New Energy (DQ) Gets a Hold from Roth MKMAugust 28, 2024 | americanbankingnews.comDaqo New Energy (NYSE:DQ) Price Target Cut to $34.05August 28, 2024 | americanbankingnews.comDaqo New Energy (NYSE:DQ) Upgraded to "Hold" by HSBCAugust 27, 2024 | msn.comDaqo New Energy Corp. (NYSE:DQ) Q2 2024 Earnings Call TranscriptAugust 27, 2024 | theglobeandmail.comDaqo New Energy’s Q2 Results: What Investors Need to KnowSee More Headlines 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 Company Calendar Last Earnings8/26/2024Today9/07/2024Next 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+46.6%Consensus RatingHold Rating Score (0-4)2.43 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$2.13 Trailing P/E Ratio7.13 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 Ratio4.32 Sales & Book Value Annual Sales$1.60 billion Price / Sales0.63 Cash Flow$7.60 per share Price / Cash Flow2.00 Book Value$93.60 per share Price / Book0.16Miscellaneous Outstanding Shares66,007,000Free Float49,967,000Market Cap$1.00 billion OptionableOptionable Beta0.30 Social Links (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Xiang Xu (Age 53)Chairman & CEO Mr. Guangfu Xu (Age 81)Founder & Director Mr. Ming Yang (Age 51)Chief Financial Officer Mr. Kevin HeHead of Investor RelationsKey CompetitorsCredo Technology GroupNASDAQ:CRDOLG DisplayNYSE:LPLLumentumNASDAQ:LITESiTimeNASDAQ:SITMKulicke and Soffa IndustriesNASDAQ:KLICView All CompetitorsInstitutional OwnershipPoint72 Asset Management L.P.Bought 758,936 shares on 8/19/2024Ownership: 1.150%Sylebra Capital LLCBought 480,980 shares on 8/16/2024Ownership: 1.430%Susquehanna International Group LLPBought 12,300 shares on 8/16/2024Ownership: 0.000%Point72 Asia Singapore Pte. Ltd.Sold 14,957 shares on 8/15/2024Ownership: 0.013%AXA S.A.Bought 4,274 shares on 8/15/2024Ownership: 0.010%View All Institutional Transactions 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 start of the year. Since then, DQ shares have decreased by 42.9% and is now trading at $15.19. 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 earnings results on Monday, August, 26th. The semiconductor company reported ($1.81) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.56) by $1.25. The semiconductor company had revenue of $219.91 million for the quarter, compared to analyst estimates of $406.50 million. Daqo New Energy had a negative trailing twelve-month return on equity of 1.04% and a negative net margin of 4.11%. When did Daqo New Energy's stock split? Shares of Daqo New Energy split on the morning of Tuesday, November 17th 2020. The 5-1 split was announced on Monday, October 26th 2020. The newly created shares were issued to shareholders after the closing bell 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 stock buyback plan on Monday, July 22nd 2024, which allows the company to buy back $100,000,000 in shares, according to EventVestor. This means that the company could repurchase up to 8.6% of its shares through open market purchases. Shares buyback plans are often an indication that the company's management believes its stock is 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 investors include Mackenzie Financial Corp (3.78%), Ariose Capital Management Ltd (1.79%), Sylebra Capital LLC (1.43%) and Point72 Asset Management L.P. (1.15%). 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). 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