iQIYI Inc ADR [IQ] stock is trading at $2.27, down -0.87%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The IQ shares have gain 2.71% over the last week, with a monthly amount glided 6.07%, and seem to be holding up well over a long-time horizon.
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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.
iQIYI Inc ADR [IQ] stock has fluctuated between $1.89 and $5.80 over the past year. Currently, Wall Street analysts expect the stock to reach $3.03 within the next 12 months. iQIYI Inc ADR [NASDAQ: IQ] shares were valued at $2.27 at the most recent close of the market. An investor can expect a potential return of 33.48% based on the average IQ price forecast.
Analyzing the IQ fundamentals
iQIYI Inc ADR [NASDAQ:IQ] reported sales of 4.21B for the trailing twelve months, which represents a drop of -8.60%. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.05%, 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 0.11 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.99.
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 2.18 points at the first support level, and at 2.10 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.33, and for the 2nd resistance point, it is at 2.40.
Ratios To Look Out For
For context, iQIYI Inc ADR’s Current Ratio is 0.45. Further, the Quick Ratio stands at 0.45, while the Cash Ratio is 0.15. Considering the valuation of this stock, the price to sales ratio is 0.28, the price to book ratio is 0.63 and price to earnings (TTM) ratio is 11.19.
Transactions by insiders
Recent insider trading involved Wang Xiaohui, Officer, that happened on Nov 25 ’24 when 35000.0 shares were purchased.
