DAQO New Energy Corp. (DQ) Set to Announce Earnings on Tuesday
DAQO New Energy Corp. (NYSE:DQ) will release its earnings data before the market opens on Tuesday, November 14th. Analysts expect DAQO New Energy Corp. to post earnings of $1.41 per share for the quarter.
DAQO New Energy Corp. (NYSE:DQ) opened at $39.81 on Monday. DAQO New Energy Corp. has a 52-week low of $18.01 and a 52-week high of $40.72. The company has a market capitalization of $418.72, a PE ratio of 7.73 and a beta of 1.93. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.43 and a quick ratio of 0.36.
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DQ has been the topic of a number of research analyst reports. Zacks Investment Research upgraded DAQO New Energy Corp. from a “hold” rating to a “strong-buy” rating and set a $27.00 target price on the stock in a research report on Friday, July 21st. BidaskClub upgraded DAQO New Energy Corp. from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Roth Capital set a $35.00 price objective on DAQO New Energy Corp. and gave the company a “buy” rating in a research report on Sunday, August 20th. Finally, ValuEngine upgraded DAQO New Energy Corp. from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $39.33.
DAQO New Energy Corp. Company Profile
Daqo New Energy Corp. is a polysilicon manufacturer. The Company utilizes the chemical vapor deposition process, or the modified Siemens process, to produce polysilicon. The Company’s segments include Polysilicon and Wafer. The Company manufactures and sells polysilicon to photovoltaic product manufacturers, whereby the polysilicon is processed into ingots, wafers, cells and modules for solar power solutions.
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