Media coverage about DAQO New Energy Corp. (NYSE:DQ) has trended somewhat positive on Thursday, Accern Sentiment Analysis reports. The research firm scores the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. DAQO New Energy Corp. earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned media coverage about the semiconductor company an impact score of 45.5774819977321 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
A number of equities research analysts have recently commented on the company. Roth Capital set a $35.00 target price on DAQO New Energy Corp. and gave the stock a “buy” rating in a research note on Saturday, May 13th. Zacks Investment Research raised DAQO New Energy Corp. from a “sell” rating to a “hold” rating in a research note on Thursday, April 20th.
Shares of DAQO New Energy Corp. (NYSE DQ) opened at 23.71 on Thursday. DAQO New Energy Corp. has a 1-year low of $18.01 and a 1-year high of $27.60. The stock has a market capitalization of $249.41 million, a PE ratio of 4.31 and a beta of 1.72. The stock has a 50 day moving average price of $20.44 and a 200-day moving average price of $21.58.
DAQO New Energy Corp. (NYSE:DQ) last released its quarterly earnings results on Tuesday, May 9th. The semiconductor company reported $2.23 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.47 by $0.76. The firm had revenue of $83.81 million during the quarter, compared to analyst estimates of $72.50 million. DAQO New Energy Corp. had a return on equity of 22.97% and a net margin of 22.75%. During the same period in the previous year, the company posted $1.12 EPS. On average, analysts forecast that DAQO New Energy Corp. will post $4.98 earnings per share for the current year.
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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