In the last trading session, 19.27 million iQIYI Inc ADR (NASDAQ:IQ) shares changed hands as the company’s beta touched -0.14. With the company’s per share price at $1.89 changed hands at -$0.03 or -1.56% during last session, the market valuation stood at $998.68M. IQ’s last price was a discount, traded about -206.88% off its 52-week high of $5.80. The share price had its 52-week low at $1.50, which suggests the last value was 20.63% up since then. When we look at iQIYI Inc ADR’s average trading volume, we note the 10-day average is 45.76 million shares, with the 3-month average coming to 40.76 million.
Analysts gave the iQIYI Inc ADR (IQ) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.08. If we narrow down to specifics, the data shows that 1 out of 21 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 10 recommended IQ as a Hold, 10 felt it is a Buy and 0 rated the stock as Underweight. iQIYI Inc ADR’s EPS for the current quarter is expected to be 0.33.
iQIYI Inc ADR (NASDAQ:IQ) trade information
Instantly IQ was in red as seen at the end of in last trading. With action 14.55%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -5.97%, with the 5-day performance at 14.55% in the green. However, in the 30-day time frame, iQIYI Inc ADR (NASDAQ:IQ) is -20.25% down. Looking at the short shares, we see there were 56.92 million shares sold at short interest cover period of 1.11 days.
The consensus price target for the stock as assigned by Wall Street analysts is 3, meaning bulls need an upside of 37.0% from its current market value. According to analyst projections, IQ’s forecast low is 3 with 3 as the target high. To hit the forecast high, the stock’s price needs a -58.73% plunge from its current level, while the stock would need to soar -58.73% for it to hit the projected low.
iQIYI Inc ADR (IQ) estimates and forecasts
Year-over-year growth is forecast to reach -0.36% down from the last financial year.
Consensus estimates given by 13 financial analysts project the company’s revenue in the current quarter to hit an average of 7.09B. 7 analysts are of the opinion that iQIYI Inc ADR’s revenue for the current quarter will be 7.22B. The company’s revenue for the corresponding quarters a year ago was 7.93B and 7.44B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -10.52%. The estimates for the next quarter sales put growth at -2.88%.
The 2025 estimates are for iQIYI Inc ADR earnings to increase by 5.08%, but the outlook for the next 5-year period is at 16.77% per year.
IQ Dividends
iQIYI Inc ADR is expected to release its next quarterly earnings report on 2025-Feb-17.
iQIYI Inc ADR (NASDAQ:IQ)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.21% of iQIYI Inc ADR shares while 46.27% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 46.37%. There are 46.27% institutions holding the iQIYI Inc ADR stock share, with JPMORGAN CHASE & CO the top institutional holder. As of 2024-06-30, the company held 2.7319% of the shares, roughly 26.81 million IQ shares worth $98.38 million.
HSBC HOLDINGS PLC holds the second largest percentage of outstanding shares, with 1.3494% or 12.95 million shares worth $47.46 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Krane Shares Trust-KraneShares CSI China Internet ETF and VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund . With 20.31 shares estimated at $38.39 million under it, the former controlled 3.84% of total outstanding shares. On the other hand, VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund held about 1.28% of the shares, roughly 6.77 shares worth around $12.8 million.
