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DAQO New Energy Corp. (DQ) earnings: expect -22% revenue decline

12:34 pm ET, 17 May 2019

DAQO New Energy Corp. (DQ) is announcing earnings on May 21 before market opening. We combed through analyst estimates to understand what the company revenue and earnings are predicted to look like.

What should you expect from the upcoming earnings?

Revenue for the next quarter is expected to be $81M, which implies a -22% growth rate year-over-year.

Earnings per share are expected to come in at $0.33. If this materializes, EPS will decline -89% year-over-year.

How did the stock do last month?

Over the last month, DAQO New Energy Corp. (DQ) returned -2.05%.

How is the stock valued?

DAQO New Energy Corp. (DQ) forward P/E ratio is 3.76, and it’s low compared to its industry peers’ P/E ratios.

What do analysts say about the stock?

DAQO New Energy Corp. (DQ) average analyst price target is 54.7% above its current price ($33.40).

For the latest price and information on DAQO New Energy Corp., please visit Finstead and ask for "DQ", "DQ analysis" or "DQ news".

DAQO New Energy Corp. (DQ) Stock Guide

Updated at: 4:50 pm ET, 17 Sep 2020

Before we start: if you're looking for DQ stock price, you can quickly find it out by visiting Finny and typing "DQ quote". If you're looking for a quick scoop on DQ stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "DQ". You'll get all this info in one place. Or you can just type "DQ news" to get the latest stock news.

Looking to buy or sell DAQO New Energy Corp. (DQ)? Interested in getting the full scoop on DQ, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this DQ stock guide, we'll address key questions about DQ, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Earnings and Dividends: earnings, earnings date, dividend rate and dividend yield;
Analyst Predictions: stock forecast and analyst ratings;
Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. What are DQ earnings?
2. What is DQ stock forecast (i.e., prediction)?
3. DQ buy or sell? What is DQ Finny Score?
4. What are the reasons to buy DQ? Why should I buy DQ stock?
5. What are the reasons to sell DQ? Why should I sell DQ stock?
6. What are DQ key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Earnings and Dividends

1. What are DQ earnings?

DQ trailing 12-month earnings per share (EPS) is $4.24.

Analyst Predictions

2. What is DQ stock forecast (i.e., prediction)?

Based on DQ analyst price targets, DQ stock forecast is $145.92 (for a year from now). That means the average analyst price target for DQ stock is $145.92. The prediction is based on 3 analyst estimates.

The low price target for DQ is $128.00, while the high price target is $155.00.

DQ analyst rating is Buy.

Analysis

3. DQ buy or sell? What is DQ Finny Score?

#{finnyScore:86}Our quantitative analysis shows 6 reasons to buy and 1 reason to sell DQ, resulting in Finny Score of 86.

4. What are the reasons to buy DQ? Why should I buy DQ stock?

Here are the reasons to buy DQ stock:

  • DQ quarterly revenue growth was 102.40%, higher than the industry and sector average revenue growth (0.08% and 0.89%, respectively). See DQ revenue growth chart.
  • DQ forward P/E ratio is 6.64, which is low compared to its industry peers’ P/E ratios. See DQ forward P/E ratio chart.
  • DQ PEG ratio (P/E adjusted for growth) is 0.40, which is low compared to its industry peers’ PEG ratios. See DQ PEG chart.
  • DQ average analyst rating is Buy. See DQ analyst rating chart.
  • DQ average analyst price target ($145.92) is above its current price ($114.22). See DQ price target chart.
  • DQ cash to debt ratio is 0.33, higher than the average industry (0.26) and sector (0.17) cash to debt ratio. See DQ cash to debt chart.

5. What are the reasons to sell DQ? Why should I sell DQ stock?

Let's look at the reasons to sell DQ stock (i.e., the bear case):

  • DQ profitability is declining. The YoY profit margin change was -13.67 percentage points. See DQ profitability chart.

Key Stats

6. What are DQ key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for DQ:

Metrics DQ
Price $179.70
Average Price Target / Upside $150.92 / -16.02%
Average Analyst Rating Buy
Forward Dividend Yield 0.00%
Industry Semiconductor Equipment & Materials
Sector Technology
Number of Employees 1,702
Market Cap $3.04B
Forward P/E Ratio 13.92
Price/Book Ratio 6.02
Revenue (TTM) $505.18M
YoY Quarterly Revenue Growth 102.40%
Profit Margin 12.01%

If you liked this analysis, check out Stock Guides for other stocks.

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