iQIYI Inc ADR (NASDAQ:IQ) shares traded -2.11% lower at $4.64 on Wall Street last session.
IQ stock price is now 1.06% away from the 50-day moving average and 3.37% away from the 200-day moving average. The market capitalization of the company currently stands at $2.44B.
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On July 27, 2023, Macquarie Upgraded its previous ‘Underperform’ rating to ‘Neutral’ on the stock keeping its target price maintained at $5.12, while ‘Credit Suisse’ rates the stock as ‘Outperform’
A total of 0.06% of the company’s stock is owned by insiders.
During the past 12 months, iQIYI Inc ADR has had a low of $3.06 and a high of $6.47. As of last week, the company has a debt-to-equity ratio of 1.23, a current ratio of 0.60, and a quick ratio of 0.60. According to the stock market information, the enterprise value for the company is $41545236480, which is based on a 16.55 price-to-earnings ratio, a 3.69 price-to-earnings-growth ratio, and a beta of 0.15. The fifty day moving average price for IQ is $4.5915 and a two-hundred day moving average price translates $4.48865 for the stock.
The latest earnings results from iQIYI Inc ADR (NASDAQ: IQ) was released for 2024-03-31. According to the Entertainment Company, earnings per share came in at 0.05, inline with analysts’ expectations of 0.05. This compares to $0.09 EPS in the same period last year. The net profit margin was 6.23% and return on equity was 16.58% for IQ. The company reported revenue of $1.11 billion for the quarter, compared to $1.22 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -9.27 percent. For the current quarter, analysts expect IQ to generate $1.07B in revenue.
