iQIYI Inc ADR [IQ] stock prices are up 3.88% to $2.14 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The IQ shares have gain 7.54% over the last week, with a monthly amount drifted -30.07%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
iQIYI Inc ADR [NASDAQ: IQ] stock has seen the most recent analyst activity on August 27, 2024, when Goldman downgraded its rating to a Neutral. Previously, The Benchmark Company downgraded its rating to Hold on August 23, 2024. On July 23, 2024, downgrade downgraded it’s rating to Reduce and revised its price target to $3 on the stock. JP Morgan downgraded its rating to a Neutral. Macquarie upgraded its rating to a Neutral but $5.12 remained the price target by the analyst firm on July 27, 2023. Credit Suisse upgraded its rating to Outperform for this stock on May 17, 2023, and upped its price target to $8. In a note dated March 06, 2023, Goldman upgraded an Buy rating on this stock but restated the target price of $10.
The stock price of iQIYI Inc ADR [IQ] has been fluctuating between $1.92 and $5.80 over the past year. Currently, Wall Street analysts expect the stock to reach $10.86 within the next 12 months. iQIYI Inc ADR [NASDAQ: IQ] shares were valued at $2.14 at the most recent close of the market. An investor can expect a potential return of 407.48% based on the average IQ price forecast.
Analyzing the IQ fundamentals
The iQIYI Inc ADR [NASDAQ:IQ] reported sales of 4.30B for trailing twelve months, representing a drop of -7.58%. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.14 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.28.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.11 points at the first support level, and at 2.07 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.19, and for the 2nd resistance point, it is at 2.23.
Ratios To Look Out For
It’s worth pointing out that iQIYI Inc ADR [NASDAQ:IQ]’s Current Ratio is 0.53. As well, the Quick Ratio is 0.53, while the Cash Ratio is 0.26. Considering the valuation of this stock, the price to sales ratio is 0.26, the price to book ratio is 0.63 and price to earnings (TTM) ratio is 9.03.
