Daqo New Energy Stock Today
DQ Stock | USD 23.75 0.74 3.22% |
Performance7 of 100
| Odds Of DistressLess than 1
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Daqo New is selling at 23.75 as of the 25th of April 2024; that is 3.22 percent increase since the beginning of the trading day. The stock's last reported lowest price was 22.01. Daqo New has a very small chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Daqo New Energy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of May 2022 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Semiconductors & Semiconductor Equipment | IPO Date 7th of October 2010 | Category Technology | Classification Information Technology |
Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufactures in the Peoples Republic of China. Daqo New Energy Corp. was founded in 2006 and is based in Shanghai, the Peoples Republic of China. The company has 65.76 M outstanding shares of which 3.86 M shares are currently sold short in the market by investors with about 1.83 days to cover all shorted shares. More on Daqo New Energy
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Daqo Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Daqo New's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Daqo New or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO | Longgen Zhang | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Semiconductors & Semiconductor Equipment, Information Technology, NYSE Composite, Electronic Equipment, Climate Change, Information Technology, Semiconductors & Semiconductor Equipment, Semiconductor Equipment & Materials, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Average Analyst Recommendation Analysts covering Daqo New report their recommendations after researching Daqo New's financial statements, talking to executives and customers, or listening in on Daqo New's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Daqo New Energy. The Daqo consensus assessment is calculated by taking the average forecast from all of the analysts covering Daqo New. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength Based on the key measurements obtained from Daqo New's financial statements, Daqo New Energy is performing exceptionally good at this time. It has a great probability to report excellent financial results in May. Financial strength of Daqo New Energy is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Daqo New's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Daqo New's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Daqo New's financial leverage. It provides some insight into what part of Daqo New's total assets is financed by creditors.
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Daqo New Energy (DQ) is traded on New York Stock Exchange in USA. It is located in Huadu Mansion, Shanghai, China, 200122 and employs 19 people. Daqo New is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a market capitalization of 1.51 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Daqo New's market, we take the total number of its shares issued and multiply it by Daqo New's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Daqo New Energy is active under Semiconductors & Semiconductor Equipment sector as part of Information Technology industry. The entity has 65.76 M outstanding shares of which 3.86 M shares are currently sold short in the market by investors with about 1.83 days to cover all shorted shares.
Daqo New Energy reports about 3.52 B in cash with 1.61 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 40.78, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Daqo New Probability Of Bankruptcy
Ownership AllocationDaqo New Energy retains a total of 65.76 Million outstanding shares. 30% of Daqo New Energy outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Daqo Ownership Details
Daqo Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of Daqo New jumping above the current price in 90 days from now is about 40.52%. The Daqo New Energy probability density function shows the probability of Daqo New stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 2.6969 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Daqo New will likely underperform. Additionally, daqo New Energy has an alpha of 0.0064, implying that it can generate a 0.006378 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Daqo New to move above the current price in 90 days from now is about 40.52 (This Daqo New Energy probability density function shows the probability of Daqo Stock to fall within a particular range of prices over 90 days) .
Daqo Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Daqo New that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Daqo New's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Daqo New's value.Instituion | Recorded On | Shares | |
Fidelity International Ltd | 2023-12-31 | 948.7 K | |
Healthcare Of Ontario Pension Plan Trust Fund | 2023-12-31 | 922.5 K | |
Ariose Capital Management Ltd | 2023-12-31 | 800.1 K | |
Point72 Asset Management, L.p. | 2023-09-30 | 631.8 K | |
Citadel Advisors Llc | 2023-09-30 | 515.4 K | |
Causeway Capital Management Llc | 2023-12-31 | 467.2 K | |
Legal & General Group Plc | 2023-12-31 | 449.2 K | |
Fenghe Fund Management Pte. Ltd. | 2023-12-31 | 431.6 K | |
Jpmorgan Chase & Co | 2023-12-31 | 410 K | |
Franklin Resources Inc | 2023-12-31 | 2.7 M | |
Blackrock Inc | 2023-12-31 | 2.6 M |
Daqo New Historical Income Statement
Daqo New Energy Income Statement is one of the three primary financial statements used for reporting Daqo's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Daqo New Energy revenue and expense. Daqo New Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Daqo New's Selling General Administrative is relatively stable compared to the past year. As of 04/25/2024, Total Revenue is likely to grow to about 2.4 B, though Minority Interest is likely to grow to (564.1 M). View More FundamentalsDaqo Stock Against Markets
Picking the right benchmark for Daqo New stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Daqo New stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Daqo New is critical whether you are bullish or bearish towards Daqo New Energy at a given time. Please also check how Daqo New's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Daqo New without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Daqo New Corporate Directors
Daqo New corporate directors refer to members of a Daqo New board of directors. The board of directors generally takes responsibility for the Daqo New's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Daqo New's board members must vote for the resolution. The Daqo New board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Dafeng Shi | Director | Profile | |
Shuming Zhao | Independent Director | Profile | |
Fumin Zhuo | Independent Director | Profile | |
Fu Zhuo | Independent Director | Profile |
How to buy Daqo Stock?
Before investing in Daqo New, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Daqo New. To buy Daqo New stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Daqo New. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Daqo New stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Daqo New Energy stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Daqo New Energy stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Daqo New Energy, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Daqo Stock please use our How to Invest in Daqo New guide.
Already Invested in Daqo New Energy?
The danger of trading Daqo New Energy is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Daqo New is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Daqo New. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Daqo New Energy is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Daqo New Energy is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Daqo Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Daqo New Energy Stock. Highlighted below are key reports to facilitate an investment decision about Daqo New Energy Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Daqo New Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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When running Daqo New's price analysis, check to measure Daqo New's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Daqo New is operating at the current time. Most of Daqo New's value examination focuses on studying past and present price action to predict the probability of Daqo New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daqo New's price. Additionally, you may evaluate how the addition of Daqo New to your portfolios can decrease your overall portfolio volatility.
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Is Daqo New's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Daqo New. If investors know Daqo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Daqo New listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.85) | Earnings Share 5.62 | Revenue Per Share 30.897 | Quarterly Revenue Growth (0.45) | Return On Assets 0.0651 |
The market value of Daqo New Energy is measured differently than its book value, which is the value of Daqo that is recorded on the company's balance sheet. Investors also form their own opinion of Daqo New's value that differs from its market value or its book value, called intrinsic value, which is Daqo New's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Daqo New's market value can be influenced by many factors that don't directly affect Daqo New's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Daqo New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Daqo New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Daqo New's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.