Daqo New Energy Corp is a semiconductor equipment & materials business based in the US. Daqo New Energy shares (DQ) are listed on the NYSE and all prices are listed in US Dollars. Daqo New Energy employs 1,896 staff and has a trailing 12-month revenue of around 0.00.
How to buy shares in Daqo New Energy
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- Research the stock. Find the stock by name or ticker symbol – DQ – and research it before deciding if it's a good investment for you.
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What's in this guide?
Daqo New Energy stock price (NYSE: DQ)Use our graph to track the performance of DQ stocks over time.
Daqo New Energy shares at a glance
|Latest market close||$74.38|
|52-week range||$18.22 - $130.33|
|50-day moving average||$67.10|
|200-day moving average||$80.29|
|Wall St. target price||$98.78|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$2.36|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy Daqo New Energy stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Daqo New Energy price performance over time
|1 week (2021-07-18)||N/A|
|1 month (2021-06-29)||11.38%|
|3 months (2021-04-29)||-11.01%|
|6 months (2021-01-25)||N/A|
|1 year (2020-07-25)||N/A|
|2 years (2019-07-25)||N/A|
|3 years (2018-07-25)||N/A|
|5 years (2016-07-25)||N/A|
Is Daqo New Energy under- or over-valued?
Valuing Daqo New Energy stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Daqo New Energy's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Daqo New Energy's P/E ratio
Daqo New Energy's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 29x. In other words, Daqo New Energy shares trade at around 29x recent earnings.
That's comparable to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29).
Daqo New Energy's PEG ratio
Daqo New Energy's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.1738. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Daqo New Energy's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Daqo New Energy's EBITDA
Daqo New Energy's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $321.6 million.
The EBITDA is a measure of a Daqo New Energy's overall financial performance and is widely used to measure a its profitability.
Daqo New Energy financials
|Revenue TTM||$762.9 million|
|Operating margin TTM||32.94%|
|Gross profit TTM||$234 million|
|Return on assets TTM||11.99%|
|Return on equity TTM||25.37%|
|Market capitalisation||$5 billion|
TTM: trailing 12 months
Shorting Daqo New Energy shares
There are currently 6.5 million Daqo New Energy shares held short by investors – that's known as Daqo New Energy's "short interest". This figure is 15.9% up from 5.6 million last month.
There are a few different ways that this level of interest in shorting Daqo New Energy shares can be evaluated.
Daqo New Energy's "short interest ratio" (SIR)
Daqo New Energy's "short interest ratio" (SIR) is the quantity of Daqo New Energy shares currently shorted divided by the average quantity of Daqo New Energy shares traded daily (recently around 3.2 million). Daqo New Energy's SIR currently stands at 2.05. In other words for every 100,000 Daqo New Energy shares traded daily on the market, roughly 2050 shares are currently held short.
However Daqo New Energy's short interest can also be evaluated against the total number of Daqo New Energy shares, or, against the total number of tradable Daqo New Energy shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Daqo New Energy's short interest could be expressed as 0.09% of the outstanding shares (for every 100,000 Daqo New Energy shares in existence, roughly 90 shares are currently held short) or 0.1158% of the tradable shares (for every 100,000 tradable Daqo New Energy shares, roughly 116 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Daqo New Energy.
Find out more about how you can short Daqo New Energy stock.
Daqo New Energy share dividends
We're not expecting Daqo New Energy to pay a dividend over the next 12 months.
Have Daqo New Energy's shares ever split?
Daqo New Energy's shares were split on a 5:1 basis on 16 November 2020. So if you had owned 1 share the day before before the split, the next day you'd have owned 5 shares. This wouldn't directly have changed the overall worth of your Daqo New Energy shares – just the quantity. However, indirectly, the new 80% lower share price could have impacted the market appetite for Daqo New Energy shares which in turn could have impacted Daqo New Energy's share price.
Daqo New Energy share price volatility
Over the last 12 months, Daqo New Energy's shares have ranged in value from as little as $18.224 up to $130.33. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Daqo New Energy's is 0.7203. This would suggest that Daqo New Energy's shares are less volatile than average (for this exchange).
Daqo New Energy overview
Daqo New Energy Corp. , together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufactures in the People's Republic of China. The photovoltaic product manufactures further process its polysilicon into ingots, wafers, cells, and modules for solar power solutions. It offers ready-to-use polysilicon, and packaged to meet crucible stacking, pulling, and solidification products. The company was formerly known as Mega Stand International Limited and changed its name to Daqo New Energy Corp. in August 2009. Daqo New Energy Corp.
Daqo New Energy in the news
Daqo New Energy put volume heavy and directionally bearish
Daqo New Energy Corp.'s (NYSE:DQ) Intrinsic Value Is Potentially 25% Below Its Share Price
TAN: Impact Of Rising U.S.-China Tensions On This Solar ETF
Frequently asked questionsWhat percentage of Daqo New Energy is owned by insiders or institutions?
Currently 11.28% of Daqo New Energy shares are held by insiders and 62.262% by institutions. How many people work for Daqo New Energy?
Latest data suggests 1,896 work at Daqo New Energy. When does the fiscal year end for Daqo New Energy?
Daqo New Energy's fiscal year ends in December. Where is Daqo New Energy based?
Daqo New Energy's address is: Huadu Mansion, Shanghai, China, 200122 What is Daqo New Energy's ISIN number?
Daqo New Energy's international securities identification number is: US23703Q2030 What is Daqo New Energy's CUSIP number?
Daqo New Energy's Committee on Uniform Securities Identification Procedures number is: 23703Q104
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