iQIYI Inc ADR (IQ) Analysis & Opinions from Experts

iQIYI Inc ADR (NASDAQ: IQ) is -57.58% lower on its value in year-to-date trading and has touched a low of $1.94 and a high of $5.80 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The IQ stock was last observed hovering at around $1.96 in the last trading session, with the day’s gains setting it 0.11%.

Currently trading at $2.07, the stock is -21.36% and -34.24% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.76 million and changing 5.61% at the moment leaves the stock -48.20% off its SMA200. IQ registered -56.51% loss for a year compared to 6-month loss of -47.46%.

The stock witnessed a -34.49% gain in the last 1 month and extending the period to 3 months gives it a -51.06%, and is -3.72% down 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 5.62% over the week and 6.50% over the month.

iQIYI Inc ADR (IQ) has around 4788 employees, a market worth around $1.09B and $4.30B in sales. Current P/E ratio is 8.74 and Fwd P/E is 6.06. Profit margin for the company is 5.37%. Distance from 52-week low is 6.70% and -64.31% from its 52-week high. The company has generated returns on investments over the last 12 months (7.54%).

The EPS is expected to shrink by -42.06% this year.

iQIYI Inc ADR (IQ) Top Institutional Holders

The shares outstanding are 525.01M, and float is at 524.90M with Short Float at 10.47%.

The top institutional shareholder in the company is GOLDMAN SACHS GROUP INC with over 31.2 million shares valued at $114.52 million. The investor’s holdings represent 3.2515% of the IQ Shares outstanding. As of 2024-06-30, the second largest holder is JPMORGAN CHASE & CO with 26.81 million shares valued at $98.38 million to account for 2.7933 of the shares outstanding. The other top investors are ROBECO INSTITUTIONAL ASSET MANAGEMENT B.V. which holds 25.38 million shares representing 2.6442% and valued at over $93.13 million, while FIL LTD holds 2.5619 of the shares totaling 24.59 million with a market value of $90.23 million.