In last trading session, iQIYI Inc ADR (NASDAQ:IQ) saw 25.27 million shares changing hands with its beta currently measuring 0.05. Company’s recent per share price level of $2.42 trading at $0.11 or 4.99% at ring of the bell on the day assigns it a market valuation of $1.27B. That closing price of IQ’s stock is at a discount of -139.67% from its 52-week high price of $5.80 and is indicating a premium of 24.79% from its 52-week low price of $1.82.
For iQIYI Inc ADR (IQ), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 21 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 10 suggested the stock as a Hold whereas 10 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.44 in the current quarter.
iQIYI Inc ADR (NASDAQ:IQ) trade information
Upright in the green during last session for gaining 4.99%, in the last five days IQ remained trading in the green while hitting it’s week-highest on Friday, 02/14/25 when the stock touched $2.42 price level, adding 11.36% to its value on the day. iQIYI Inc ADR’s shares saw a change of 20.40% in year-to-date performance and have moved 5.68% in past 5-day. iQIYI Inc ADR (NASDAQ:IQ) showed a performance of 24.74% in past 30-days.
Wall Street analysts have assigned a consensus price target of 3 to the stock, which implies a rise of 19.33% to its current value. Analysts have been projecting 2.5 as a low price target for the stock while placing it at a high target of 3.6. It follows that stock’s current price would drop -3.31% in reaching the projected high whereas dropping to the targeted low would mean a loss of -3.31% for stock’s current value.
iQIYI Inc ADR (IQ) estimates and forecasts
This year revenue growth is estimated to rise 0.24% from the last financial year’s standing.
7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 7.1B for the same. And 2 analysts are in estimates of company making revenue of 7.34B in the next quarter. Company posted 7.93B and 7.44B of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around 16.58% while estimates for its earnings growth in next 5 years are of 22.35%.
iQIYI Inc ADR (NASDAQ:IQ)’s Major holders
GOLDMAN SACHS GROUP INC is the top institutional holder at IQ for having 31.2 million shares of worth $114.52 million. And as of 2024-06-30, it was holding 3.2515 of the company’s outstanding shares.
The second largest institutional holder is JPMORGAN CHASE & CO, which was holding about 26.81 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.7319 of outstanding shares, having a total worth of $98.38 million.
On the other hand, KraneShares CSI China Internet ETF and Vanguard International Stock Index-Total Intl Stock Indx are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 10.99 shares of worth $26.6 million or 2.09% of the total outstanding shares. The later fund manager was in possession of 6.21 shares on Oct 31, 2024 , making its stake of worth around $15.02 million in the company or a holder of 1.18% of company’s stock.
