NYSE:DQ Daqo New Energy (DQ) Stock Price, News & Analysis $15.47 +0.23 (+1.51%) (As of 08/21/2024 ET) Add Compare Share Share Today's Range$15.08▼$15.6450-Day Range$14.31▼$20.4052-Week Range$14.21▼$37.92Volume523,355 shsAverage Volume1.06 million shsMarket Capitalization$1.02 billionP/E Ratio7.26Dividend YieldN/APrice Target$21.83 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 RatingReduce1.75 Rating ScoreUpside/Downside41.1% Upside$21.83 Price TargetShort InterestHealthy4.13% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.45Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth758.70%From $0.46 to $3.95 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.3.63 out of 5 starsBasic Materials Sector73rd out of 178 stocksSemiconductors & Related Devices Industry37th out of 85 stocks 2.9 Analyst's Opinion Consensus RatingDaqo New Energy has received a consensus rating of Reduce. The company's average rating score is 1.75, and is based on 1 buy rating, 1 hold rating, and 2 sell ratings.Amount of Analyst CoverageDaqo New Energy has only been the subject of 1 research reports in the past 90 days.Read more about Daqo New Energy's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.13% 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 2.9, 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 0.75%, indicating that investor sentiment is decreasing. 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 1.9 News and Social Media Coverage News SentimentDaqo New Energy has a news sentiment score of 0.45. 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 news sentiment score is similar to the average news sentiment of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Daqo New Energy this week, compared to 3 articles on an average week.Search Interest15 people have searched for DQ on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Daqo New Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% 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 3.8 Earnings and Valuation Earnings GrowthEarnings for Daqo New Energy are expected to grow by 758.70% in the coming year, from $0.46 to $3.95 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Daqo New Energy is 7.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.43.Price to Earnings Ratio vs. SectorThe P/E ratio of Daqo New Energy is 7.26, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 127.44.Price to Book Value per Share RatioDaqo New Energy has a P/B Ratio of 0.19. 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 Crypto 101 MediaThis Crypto Is Set to Explode in AugustWith thousands of cryptocurrencies out there, it's crucial to focus on the ONE that has the potential to make HUGE gains. Industry Giants are Investing Heavily in Blockchain Technology and THIS COIN is at the Heart of Their Strategy. It's a groundbreaking opportunity that could be poised for extraordinary gains. Go here to get full details on this crypto now. 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 19 at 7:26 PM | finance.yahoo.comDaqo New Energy (NYSE:DQ) investors are sitting on a loss of 68% if they invested three years agoAugust 14, 2024 | americanbankingnews.comDaqo New Energy (NYSE:DQ) Lowered to Sell at StockNews.comAugust 22, 2024 | Behind the Markets (Ad)270x more lucrative than NVIDIA???If you've missed out on NVIDIA's recent 1,600% run... Don't worry. Because there's one AI stock that could be a lot more lucrative.August 12, 2024 | prnewswire.comDaqo New Energy to Announce Unaudited Results for the Second Quarter of 2024 on August 26, 2024August 8, 2024 | msn.comDaqo New Energy Corp. (DQ): Is This Solar Energy Stock a Good Buy Now?July 23, 2024 | nz.finance.yahoo.comLuxembourg Selection Fund - Active Solar C USD (0P0000HXBU)July 23, 2024 | finance.yahoo.comDQ Aug 2024 27.000 put (DQ240816P00027000)July 23, 2024 | marketwatch.comDaqo New Energy Sets $100 Million Buyback ProgramAugust 22, 2024 | Behind the Markets (Ad)270x more lucrative than NVIDIA???If you've missed out on NVIDIA's recent 1,600% run... Don't worry. Because there's one AI stock that could be a lot more lucrative.July 22, 2024 | finance.yahoo.comAnalysts Have Just Cut Their Daqo New Energy Corp. (NYSE:DQ) Revenue Estimates By 13%July 22, 2024 | prnewswire.comDaqo New Energy Announces $100 Million Share Repurchase ProgramJuly 22, 2024 | prnewswire.comDaqo New Energy Announces $100 Million Share Repurchase ProgramJuly 19, 2024 | ca.finance.yahoo.comDQ Jul 2024 20.000 callJuly 17, 2024 | prnewswire.comDaqo New Energy's Subsidiary Xinjiang Daqo Provides Latest Update on its Litigation EventJuly 12, 2024 | seekingalpha.comDaqo New Energy: Oversold Status Triggers Compelling Value And Growth StoryJuly 9, 2024 | investorplace.com3 Breakout Stocks to Buy Before They Make HeadlinesJuly 9, 2024 | prnewswire.comDaqo New Energy Issues Its 2023 Environmental, Social and Governance (ESG) ReportJuly 9, 2024 | seekingalpha.comDaqo New Energy Remains My Top Pick In The Green Energy IndustrySee 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 Earnings4/29/2024Today8/21/2024Next Earnings (Confirmed)8/26/2024Fiscal 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$21.83 High Stock Price Target$25.00 Low Stock Price Target$17.50 Potential Upside/Downside+41.1%Consensus RatingReduce Rating Score (0-4)1.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.13 Trailing P/E Ratio7.26 Forward P/E Ratio33.63 P/E GrowthN/ANet Income$429.55 million Net Margins7.84% Pretax Margin19.13% Return on Equity2.46% Return on Assets2.15% Debt Debt-to-Equity RatioN/A Current Ratio4.59 Quick Ratio4.32 Sales & Book Value Annual Sales$2.01 billion Price / Sales0.51 Cash Flow$7.10 per share Price / Cash Flow2.18 Book Value$83.46 per share Price / Book0.19Miscellaneous Outstanding Shares66,007,000Free Float49,967,000Market Cap$1.02 billion OptionableOptionable Beta0.28 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.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 CompetitorsLG DisplayNYSE:LPLLumentumNASDAQ:LITESiTimeNASDAQ:SITMKulicke and Soffa IndustriesNASDAQ:KLICSilicon Motion TechnologyNASDAQ:SIMOView 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 beginning of the year. Since then, DQ stock has decreased by 41.8% and is now trading at $15.47. View the best growth stocks for 2024 here. How were Daqo New Energy's earnings last quarter? Daqo New Energy Corp. (NYSE:DQ) announced its quarterly earnings results on Monday, April, 29th. The semiconductor company reported $0.24 EPS for the quarter, missing analysts' consensus estimates of $0.56 by $0.32. The semiconductor company had revenue of $415.31 million for the quarter, compared to analyst estimates of $491.90 million. Daqo New Energy had a trailing twelve-month return on equity of 2.46% and a net margin of 7.84%. When did Daqo New Energy's stock split? Shares of Daqo New Energy split before market open on 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 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 of Directors authorized a stock buyback program on Monday, July 22nd 2024, which permits the company to repurchase $100,000,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 8.6% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's management believes its shares are undervalued. Does Daqo New Energy have any subsidiaries? Daqo New Energy subsidiaries include 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 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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