iQIYI Inc ADR (IQ) Is A Buy Stock For Small Caps – Analysts

ZM Stock

iQIYI Inc ADR (NASDAQ:IQ) has a beta value of 0.10 and has seen 1.06 million shares traded in the recent trading session. The company, currently valued at $2.23B, closed the recent trade at $4.25 per share which meant it gained $0.02 on the day or 0.45% during that session. The IQ stock price is -52.24% off its 52-week high price of $6.47 and 28.0% above the 52-week low of $3.06. The 3-month trading volume is 8.92 million shares.

iQIYI Inc ADR (NASDAQ:IQ) trade information

Sporting 0.45% in the green today, the stock has traded in the red over the last five days, when the IQ stock price touched $4.25 or saw a rise of 7.61%. Year-to-date, iQIYI Inc ADR shares have moved -12.93%, while the 5-day performance has seen it change -5.78%. Over the past 30 days, the shares of iQIYI Inc ADR (NASDAQ:IQ) have changed -13.90%.

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iQIYI Inc ADR (IQ) estimates and forecasts

Figures show that iQIYI Inc ADR shares have underperformed across the wider relevant industry. The company’s shares have lost -7.63% over the past 6 months, with this year growth rate of 12.20%, compared to 35.10% for the industry. Revenue growth from the last financial year stood is estimated to be 2.70%.

12 analysts offering their estimates for the company have set an average revenue estimate of 1.09B for the current quarter. 11 have an estimated revenue figure of 1.18B for the next ending quarter. Year-ago sales stood 1.07B and 1.12B respectively for this quarter and the next, and analysts expect sales will grow by 1.80% for the current quarter and 2.70% for the next.

Earnings growth for 2024 is a modest 19.67% while over the next 5 years, the company’s earnings are expected to increase by 4.49%.

IQ Dividends

iQIYI Inc ADR is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.