iQIYI Inc ADR (NASDAQ:IQ) traded at $4.98 at last check on Monday, April 29, made a downward move of -0.20% on its previous day’s price.
Looking at the stock we see that its previous close was $4.99. The company has a trailing 12-month PE ratio of 17.79. In terms of its 52-week price range, IQ has a high of $6.47 and a low of $3.06. The company’s stock has gained about 17.73% over that past 30 days.
iQIYI Inc ADR has a market cap of $2.61 billion. Estimates by analysts give the company expected earnings per share (EPS) of $0.06, with the EPS growth for the year raised at $0.41 for 2024 and $0.52 for next year. These figures represent 46.40% and 26.80% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $1.1 billion, with a low of $1.1 billion and a high of $1.11 billion. The median projection represents growth adding up to -5.60% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $4.79 billion, or 6.80% up from figures reported last year.
On the other hand, looking at the outlook for the IQ stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 50% Buy.
Looking further, we note that the PEG ratio for the IQ stock currently stands at 3.96, and the most recent price level today is 13.58% off its SMA20 and 22.55% from its 50-day simple moving average. The RSI (14) is pointing at 71.63 while the volatility over the past week is 5.54% and jumps to 4.64% over the past one month. The beta value is 0.24, while the average true range (ATR) is currently pointing at 0.20.
Coming back to iQIYI Inc ADR (NASDAQ:IQ), we note that the average 3-month trading volume was 7.84 million. Current shares outstanding are 525.01 million.
The insiders hold 0.06% of the company’s shares while institutions hold 61.36%. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 2.05% up in year-to-date price movement.
