iQIYI Inc ADR (NASDAQ:IQ)’s traded shares stood at 11.02 million during the latest session, with the company’s beta value hitting -0.21. At the last check today, the stock’s price was $2.23, to imply a decrease of -5.70% or -$0.14 in intraday trading. The IQ share’s 52-week high remains $5.80, putting it -160.09% down since that peak but still an impressive 18.39% since price per share fell to its 52-week low of $1.82. The company has a valuation of $1.17B, with an average of 35.61 million shares in intraday trading volume over the past 10 days and average of 27.85 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for iQIYI Inc ADR (IQ), translating to a mean rating of 2.04. Of 21 analyst(s) looking at the stock, 1 analyst(s) give IQ a Sell rating. 0 of those analysts rate the stock as Overweight while 10 advise Hold as 10 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.44.
iQIYI Inc ADR (NASDAQ:IQ) trade information
After registering a -5.70% downside in the latest session, iQIYI Inc ADR (IQ) has traded red over the past five days. The 5-day price performance for the stock is -4.89%, and 2.52% over 30 days. With these gigs, the year-to-date price performance is 11.19%. Short interest in iQIYI Inc ADR (NASDAQ:IQ) saw shorts transact 49.86 million shares and set a 1.48 days time to cover.
The extremes give us $3 and $3.6 for target low and target high price respectively. As such, IQ has been trading -61.43% off suggested target high and -34.53% from its likely low.
iQIYI Inc ADR (IQ) estimates and forecasts
The rating firms project that company’s revenue will grow 0.30% compared to the previous financial year.
Revenue forecast for the current quarter as set by 9 analysts is 7.09B. Meanwhile, for the current quarter, a total of 3 analyst(s) estimate revenue growth to 7.32B.Earnings reports from the last fiscal year show that sales brought in 7.93B and 7.44B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -10.50% before dropping -1.66% in the following quarter.
IQ Dividends
iQIYI Inc ADR has its next earnings report out on 2025-Feb-17. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
iQIYI Inc ADR (NASDAQ:IQ)’s Major holders
iQIYI Inc ADR insiders hold 0.22% of total outstanding shares, with institutional holders owning 46.46% of the shares at 46.56% float percentage. In total, 46.46% institutions holds shares in the company, led by GOLDMAN SACHS GROUP INC. As of 2024-06-30, the company held over 31.2 million shares (or 3.2515% of shares), all amounting to roughly $114.52 million.
The next major institution holding the largest number of shares is JPMORGAN CHASE & CO with 26.81 million shares, or about 2.7319% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $98.38 million.
We also have KraneShares CSI China Internet ETF and Vanguard Total International Stock Index Fund as the top two Mutual Funds with the largest holdings of the iQIYI Inc ADR (IQ) shares. Going by data provided on Dec 31, 2024, KraneShares CSI China Internet ETF holds roughly 20.31 shares. This is just over 3.87% of the total shares, with a market valuation of $45.39 million. Data from the same date shows that the other fund manager holds a little less at 6.21, or 1.18% of the shares, all valued at about 13.87 million.
