iQIYI Inc. (NASDAQ: IQ) is 7.67% higher on its value in year-to-date trading and has touched a low of $14.51 and a high of $28.03 in the current 52-week trading range. The IQ stock was last observed hovering at around $18.61 in the last trading session, with the day’s gains setting it 0.21% off its average median price target of $158.89 for the next 12 months. It is also 91.03% off the consensus price target high of $209.86 offered by 26 analysts, but current levels are 83.07% higher than the price target low of $111.14 for the same period.
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Currently trading at $18.82, the stock is -0.60% and -14.77% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.22 million and changing 1.13% at the moment leaves the stock -9.96% off its SMA200. IQ registered -21.65% loss for a year compared to 6-month loss of -18.67%. The firm has a 50-day simple moving average (SMA 50) of $20.33 and a 200-day simple moving average (SMA200) of $22.19.
The stock witnessed a -14.26% gain in the last 1 month and extending the period to 3 months gives it a -22.87%, and is 7.30% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.38% over the week and 4.11% over the month.
iQIYI Inc. (IQ) has around 8889 employees, a market worth around $14.80B and $4.56B in sales. Profit margin for the company is -26.90%. Distance from 52-week low is 29.70% and -32.86% from its 52-week high. The company has generated returns on investments over the last 12 months (-35.60%).
iQIYI Inc. (IQ) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for iQIYI Inc. (IQ) is a “Overweight”. 26 analysts offering their recommendations for the stock have an average rating of 2.50, where 12 rate it as a Hold and 3 think it is a “Overweight”. 9 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
iQIYI Inc. is expected to release its quarterly report on 04/29/2021 and quarterly earnings per share for the current quarter are estimated at -$0.4 with sales reaching $1.17B over the same period.The EPS is expected to shrink by -9.10% this year, but quarterly earnings will post 11.40% year-over-year. Quarterly sales are estimated to grow 9.10% in year-over-year returns.
iQIYI Inc. (IQ) Top Institutional Holders
323 institutions hold shares in iQIYI Inc. (IQ), with 2.26M shares held by insiders accounting for 0.30% while institutional investors hold 62.86% of the company’s shares. The shares outstanding are 740.38M, and float is at 235.92M with Short Float at 18.34%. Institutions hold 62.67% of the Float.
The top institutional shareholder in the company is Hillhouse Capital Advisors Ltd. with over 39.3 million shares valued at $887.45 million. The investor’s holdings represent 1.74% of the IQ Shares outstanding. As of Sep 29, 2020, the second largest holder is Morgan Stanley with 28.68 million shares valued at $647.69 million to account for 1.27% of the shares outstanding. The other top investors are UBS Group AG which holds 21.64 million shares representing 0.96% and valued at over $488.57 million, while Credit Suisse Ag/ holds 0.65% of the shares totaling 14.7 million with a market value of $332.03 million.