iQIYI Inc. (NASDAQ: IQ) traded at $ 8.09 last check on Monday, November 08, was down -0.25% from its price the day before.
Looking at the stock, we see that its previous close was $ 8.11 and the beta (5 years per month) is 0.78 with the price range for the day being $ 7.96 to 8.29. $. In terms of the 52 week price range, IQ has a high of $ 28.97 and a low of $ 7.22. The company’s shares have lost around -0.73% in the past 30 days.
iQIYI Inc. has a market capitalization of $ 6.47 billion and is expected to release its quarterly earnings report on May 18, 2021. Analysts’ estimates give the company an expected earnings per share (EPS) of $ -0.32 , with increased EPS growth for the year. at -1.18 $ for 2021 and -0.72 $ for next year. These figures represent respectively 19.20% and 39.00% of EPS growth over the two years.
Analysts who track the company’s growth have also given it consensus growth in revenue estimated at $ 1.22 billion, with a low of $ 1.18 billion and a high of $ 1.25 billion. dollars. The median projection represents squeezing growth of 10.20% from sales growth for the corresponding quarter a year ago. According to analyst consensus estimates, the company’s annual revenue forecast for 2021 is expected to reach $ 4.92 billion, up 7.80 percent from figures released last year.
There has been no upward or downward revision to the stock’s EPS in the past 7 days, reflecting the nature of the company’s price movement in the short term. On the other hand, if we look at the outlook for the IQ stock, the short-term indicators assign the stock an average of 50% sell, while the mid-term indicators give it an average of 100% sell. Long-term indicators place the stock in the 100% Sell category on average.
Based on estimates from 23 analysts, where scores ranged from 1.00 for a strong buy to 5.00 for a strong sell, 14 rated the iQIYI Inc. (IQ) stock as an expectation, while 6l ‘evaluate as a purchase. 2 analysts rate it as overweight while 0 of them rate it as underweight, while one suggests the action as a sell. The stock has an overall rating of overweight and investors could take advantage of this and get shares of the company back.
Looking further, we notice that the current price point is -9.54% from its SMA20 and -7.95% from its 50-day simple moving average. The RSI (14) peaks at 41.78 while volatility over the past week is 5.38% and climbs to 6.20% over the past month. The beta value is 0.81, while the Average True Range (ATR) currently points to 0.54. The average price target for the stock over the next 12 months is $ 74.25, with estimates having a low of $ 51.47 and a high of $ 122.64. These prices end at -536.22% and -1415.95% respectively from the current price level, although investors may be excited about the prospect of -692.83% if the stock price IQ hits the median price of $ 64.14.
Coming back to iQIYI Inc. (NASDAQ: IQ), we note that the 3-month average trading volume was 8.38 million, while the previous 10-day period was 6.63 million. The current shares outstanding are 795.65 million.
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Insiders own 0.30% of the company’s shares while institutions hold 71.90%. Data shows that as of September 14, 2021, short stocks stood at 55.26 million with a short ratio of 5.96. This represents a 7.00% short interest in shares outstanding on September 14, 2021. Short shares increased in September from the previous month to $ 48.66 million. Investors should be excited about this stock as it has significant upside potential, with today’s price pushing the stock down -53.60% in the price movement since the start of the year.