Summary
14.69 0.13(0.89%)08/30/2024
Daqo New Energy Corp (DQ)
Daqo New Energy Corp (DQ)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 1.00 | -3.16 | -12.82 | -35.67 | -35.77 | -60.07 | 42.34 | 43.32 |
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| Trading Data | ||
| Close | 14.69 | |
| Open | 14.66 | |
| High | 14.79 | |
| Low | 14.48 | |
| Volume | 410,482 | |
| Change | 0.15 | |
| Change % | 1.00 | |
| Avg Volume (20 Days) | 642,199 | |
| Volume/Avg Volume (20 Days) Ratio | 0.64 | |
| 52 Week Range | 13.62 - 37.92 | |
| Price vs 52 Week High | -61.26% | |
| Price vs 52 Week Low | 7.86% | |
| Range | 0.20 | |
| Gap Up/Down | -0.10 | |
Fundamentals | ||
| Market Capitalization (Mln) | 968 | |
| EBIDTA | 519,296,000 | |
| PE Ratio | 7.3786 | |
| PEG Ratio | 0.1738 | |
| WallStreet Target Price | 31.22 | |
| Book Value | 71.7820 | |
| Earnings Per Share | 2.4300 | |
| EPS Estimate Current Quarter | 0.5600 | |
| EPS Estimate Next Quarter | 0.8000 | |
| EPS Estimate Current Year | 0.9600 | |
| EPS Estimate Next Year | 6.4000 | |
| Diluted EPS (TTM) | 2.4300 | |
| Revenues | ||
| Profit Marging | 0.0826 | |
| Operating Marging (TTM) | 0.0735 | |
| Return on asset (TTM) | 0.0284 | |
| Return on equity (TTM) | 0.0428 | |
| Revenue TTM | 2,013,171,968 | |
| Revenue per share TTM | 28.1290 | |
| Quarterly Revenue Growth (YOY) | -0.4150 | |
| Quarterly Earnings Growth (YOY) | -0.9330 | |
| Gross Profit (TTM) | 3,407,921,000 | |
| Dividends | ||
| Dividend Share | 0.0000 | |
| Dividend Yield | ||
| Valuations | ||
| Trailing PE | 7.3786 | |
| Forward PE | 4.4883 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 0.3229 | |
| Revenue Enterprise Value | 0.8273 | |
| EBITDA Enterprise Value | -3.1420 | |
| Shares | ||
| Shares Outstanding | 65,760,000 | |
| Shares Float | 233,779,384 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.06 | |
| Insider (%) | 7.98 | |
| Institutions (%) | 55.33 | |
08/30 11:00 EST - marketbeat.com
The Solar Stock Battle: Is Daqo or JinkoSolar Your Next Big Win?
The U.S. added a record-breaking 32.4 gigawatts of solar electric generating capacity in 2023, evidence of the continued growth of the renewable energy industry thanks to strong customer demand, supportive government policies, and rapid advances in solar technology. A long-term shift in the energy sector toward decarbonization through green energy sources is well underway and likely to continue for years to come.
The Solar Stock Battle: Is Daqo or JinkoSolar Your Next Big Win?
The U.S. added a record-breaking 32.4 gigawatts of solar electric generating capacity in 2023, evidence of the continued growth of the renewable energy industry thanks to strong customer demand, supportive government policies, and rapid advances in solar technology. A long-term shift in the energy sector toward decarbonization through green energy sources is well underway and likely to continue for years to come.
08/27 07:30 EST - seekingalpha.com
Daqo New Energy: Q2 Shows Further Price Drops, I'm Staying Put
Daqo New Energy's Q2 results showed a significant decline in sales and EPS, with polysilicon prices falling below production costs. The company expects lower production due to tough market conditions but maintains a strong financial position. Despite the current downturn, I believe DQ will emerge stronger, though I'm not adding to my position yet due to ongoing price uncertainties.
Daqo New Energy: Q2 Shows Further Price Drops, I'm Staying Put
Daqo New Energy's Q2 results showed a significant decline in sales and EPS, with polysilicon prices falling below production costs. The company expects lower production due to tough market conditions but maintains a strong financial position. Despite the current downturn, I believe DQ will emerge stronger, though I'm not adding to my position yet due to ongoing price uncertainties.
08/26 14:40 EST - benzinga.com
Crude Oil Rises Sharply; Daqo New Energy Reports Weak Q2 Results
U.S. stocks traded mixed toward the end of trading, with the Dow Jones index gaining around 0.1% on Monday.
Crude Oil Rises Sharply; Daqo New Energy Reports Weak Q2 Results
U.S. stocks traded mixed toward the end of trading, with the Dow Jones index gaining around 0.1% on Monday.
08/26 08:45 EST - zacks.com
Daqo New Energy (DQ) Reports Q2 Loss, Misses Revenue Estimates
Daqo New Energy (DQ) came out with a quarterly loss of $1.81 per share versus the Zacks Consensus Estimate of a loss of $0.24. This compares to earnings of $1.34 per share a year ago.
Daqo New Energy (DQ) Reports Q2 Loss, Misses Revenue Estimates
Daqo New Energy (DQ) came out with a quarterly loss of $1.81 per share versus the Zacks Consensus Estimate of a loss of $0.24. This compares to earnings of $1.34 per share a year ago.
08/26 08:25 EST - benzinga.com
PDD Holdings, Daqo New Energy And Other Big Stocks Moving Lower In Monday's Pre-Market Session
U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.1% on Monday.
PDD Holdings, Daqo New Energy And Other Big Stocks Moving Lower In Monday's Pre-Market Session
U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.1% on Monday.
08/26 06:30 EST - prnewswire.com
Daqo New Energy Announces Unaudited Second Quarter 2024 Results
SHANGHAI , Aug. 26, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced its unaudited financial results for the second quarter of 2024. Second Quarter 2024 Financial and Operating Highlights Polysilicon production volume was 64,961 MT in Q2 2024, compared to 62,278 MT in Q1 2024 Polysilicon sales volume was 43,082 MT in Q2 2024 compared to 53,987 MT in Q1 2024 Polysilicon average total production cost (1) was $6.19/kg in Q2 2024 compared to $6.37/kg in Q1 2024 Polysilicon average cash cost(1) was $5.39/kg in Q2 2024, compared to $5.61/kg in Q1 2024 Polysilicon average selling price (ASP) was $5.12/kg in Q2 2024, compared to $7.66/kg in Q1 2024 Revenue was $219.9 million in Q2 2024, compared to $415.3 million in Q1 2024 Gross loss was $159.2 million in Q2 2024, compared to gross profit of $72.1 million in Q1 2024.
Daqo New Energy Announces Unaudited Second Quarter 2024 Results
SHANGHAI , Aug. 26, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced its unaudited financial results for the second quarter of 2024. Second Quarter 2024 Financial and Operating Highlights Polysilicon production volume was 64,961 MT in Q2 2024, compared to 62,278 MT in Q1 2024 Polysilicon sales volume was 43,082 MT in Q2 2024 compared to 53,987 MT in Q1 2024 Polysilicon average total production cost (1) was $6.19/kg in Q2 2024 compared to $6.37/kg in Q1 2024 Polysilicon average cash cost(1) was $5.39/kg in Q2 2024, compared to $5.61/kg in Q1 2024 Polysilicon average selling price (ASP) was $5.12/kg in Q2 2024, compared to $7.66/kg in Q1 2024 Revenue was $219.9 million in Q2 2024, compared to $415.3 million in Q1 2024 Gross loss was $159.2 million in Q2 2024, compared to gross profit of $72.1 million in Q1 2024.
08/12 07:00 EST - prnewswire.com
Daqo New Energy to Announce Unaudited Results for the Second Quarter of 2024 on August 26, 2024
SHANGHAI , Aug. 12, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy" or the "Company"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced it plans to release its unaudited financial results for the second quarter of 2024 ended June 30, 2024 before U.S. markets open on Monday, August 26, 2024. The Company has scheduled a conference call to discuss the results at 8:00 AM U.S. Eastern Time on August 26, 2024 (8:00 PM Beijing / Hong Kong time on the same day).
Daqo New Energy to Announce Unaudited Results for the Second Quarter of 2024 on August 26, 2024
SHANGHAI , Aug. 12, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy" or the "Company"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced it plans to release its unaudited financial results for the second quarter of 2024 ended June 30, 2024 before U.S. markets open on Monday, August 26, 2024. The Company has scheduled a conference call to discuss the results at 8:00 AM U.S. Eastern Time on August 26, 2024 (8:00 PM Beijing / Hong Kong time on the same day).
07/24 12:06 EST - zacks.com
Daqo New Energy (DQ) Unveils $100M Share Repurchase Program
Daqo (DQ) announced a $100-million share repurchase program, demonstrating optimism in its business development and commitment to shareholder value amid industry challenges.
Daqo New Energy (DQ) Unveils $100M Share Repurchase Program
Daqo (DQ) announced a $100-million share repurchase program, demonstrating optimism in its business development and commitment to shareholder value amid industry challenges.
07/22 06:30 EST - prnewswire.com
Daqo New Energy Announces $100 Million Share Repurchase Program
SHANGHAI , July 22, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that its board of directors has approved a US$100 million share repurchase program, effective today through June 30, 2025. The board of directors has authorized Daqo New Energy to repurchase up to US$100 million worth of its own issued and outstanding ordinary shares or American depositary shares ("ADSs") representing ordinary shares in open-market purchases, in negotiated transactions off the market, in block trades or through other legally permissible means in accordance with applicable United States securities laws.
Daqo New Energy Announces $100 Million Share Repurchase Program
SHANGHAI , July 22, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that its board of directors has approved a US$100 million share repurchase program, effective today through June 30, 2025. The board of directors has authorized Daqo New Energy to repurchase up to US$100 million worth of its own issued and outstanding ordinary shares or American depositary shares ("ADSs") representing ordinary shares in open-market purchases, in negotiated transactions off the market, in block trades or through other legally permissible means in accordance with applicable United States securities laws.
07/17 09:27 EST - prnewswire.com
Daqo New Energy's Subsidiary Xinjiang Daqo Provides Latest Update on its Litigation Event
SHANGHAI , July 17, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that its subsidiary Xinjiang Daqo has provided an update on its litigation event. Â In January 2024, Xinjiang Daqo received a court notice relating to a contract dispute lawsuit filed against it by Xinjiang Xian'an New Materials Co., Ltd.
Daqo New Energy's Subsidiary Xinjiang Daqo Provides Latest Update on its Litigation Event
SHANGHAI , July 17, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that its subsidiary Xinjiang Daqo has provided an update on its litigation event. Â In January 2024, Xinjiang Daqo received a court notice relating to a contract dispute lawsuit filed against it by Xinjiang Xian'an New Materials Co., Ltd.
07/12 09:00 EST - seekingalpha.com
Daqo New Energy: Oversold Status Triggers Compelling Value And Growth Story
Market sentiments surrounding solar stocks remain pessimistic, thanks to the ongoing polysilicon supply glut, stalling electrification story, and solar trade bans. The ongoing US election campaign does not help as well, since President Trump has "said he'll dismantle the Inflation Reduction Act, which includes an estimated $370 billion for clean energy." Even so, it is undeniable that solar PVS will comprise the lion's share of the global renewable energy capacity additions through 2028 (either in base or accelerated case).
Daqo New Energy: Oversold Status Triggers Compelling Value And Growth Story
Market sentiments surrounding solar stocks remain pessimistic, thanks to the ongoing polysilicon supply glut, stalling electrification story, and solar trade bans. The ongoing US election campaign does not help as well, since President Trump has "said he'll dismantle the Inflation Reduction Act, which includes an estimated $370 billion for clean energy." Even so, it is undeniable that solar PVS will comprise the lion's share of the global renewable energy capacity additions through 2028 (either in base or accelerated case).
07/09 06:50 EST - investorplace.com
3 Breakout Stocks to Buy Before They Make Headlines
In the current volatile market, breakout stocks with sound growth potential are most important for those investors looking to maximize returns. The list includes three such standout companies that can deliver substantial gains.
3 Breakout Stocks to Buy Before They Make Headlines
In the current volatile market, breakout stocks with sound growth potential are most important for those investors looking to maximize returns. The list includes three such standout companies that can deliver substantial gains.
07/09 06:00 EST - prnewswire.com
Daqo New Energy Issues Its 2023 Environmental, Social and Governance (ESG) Report
SHANGHAI , July 9, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today published its 2023 Environmental, Social and Governance ("ESG") report. The 2023 ESG report details key accomplishments resulting from the Company's efforts with respect to corporate governance, innovation and R&D, employee rights protection, environmental sustainability and emission control, as well as social responsibility.
Daqo New Energy Issues Its 2023 Environmental, Social and Governance (ESG) Report
SHANGHAI , July 9, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today published its 2023 Environmental, Social and Governance ("ESG") report. The 2023 ESG report details key accomplishments resulting from the Company's efforts with respect to corporate governance, innovation and R&D, employee rights protection, environmental sustainability and emission control, as well as social responsibility.
07/09 00:32 EST - seekingalpha.com
Daqo New Energy Remains My Top Pick In The Green Energy Industry
Daqo New Energy's stock price has dropped a lot this year due to weak sentiment in the solar industry and lower polysilicon prices. However, the company still has the best balance sheet in the industry and is ready to weather the storm. Tier 2 and 3 polysilicon manufacturers are exiting the market, decreasing the overall polysilicon capacity and leaving market share on the table for tier 1 manufacturers.
Daqo New Energy Remains My Top Pick In The Green Energy Industry
Daqo New Energy's stock price has dropped a lot this year due to weak sentiment in the solar industry and lower polysilicon prices. However, the company still has the best balance sheet in the industry and is ready to weather the storm. Tier 2 and 3 polysilicon manufacturers are exiting the market, decreasing the overall polysilicon capacity and leaving market share on the table for tier 1 manufacturers.
07/01 06:15 EST - investorplace.com
Stocks to Buy: 3 Market Sleepers Set to Explode by 2028
Intelligent investors actively seek out sleeper stocks. These businesses hold substantial growth potential, yet investors frequently disregard them, often overlook their value, and might miss out on significant profits if not discovered early.
Stocks to Buy: 3 Market Sleepers Set to Explode by 2028
Intelligent investors actively seek out sleeper stocks. These businesses hold substantial growth potential, yet investors frequently disregard them, often overlook their value, and might miss out on significant profits if not discovered early.
06/14 14:15 EST - investorplace.com
Solar Selloff: Dump These 3 Chinese Stocks Before Biden Tariffs Scorch Profits
Back in May, sitting U.S. President Joe Biden announced he would be quadrupling tariffs on Chinese solar imports among other technologies and commodities like electric vehicles, batteries and steel. The move signals an increasingly cooling relationship between the world's first and second largest economies but has also underlined a group of Chinese solar stocks to sell.
Solar Selloff: Dump These 3 Chinese Stocks Before Biden Tariffs Scorch Profits
Back in May, sitting U.S. President Joe Biden announced he would be quadrupling tariffs on Chinese solar imports among other technologies and commodities like electric vehicles, batteries and steel. The move signals an increasingly cooling relationship between the world's first and second largest economies but has also underlined a group of Chinese solar stocks to sell.
04/29 09:06 EST - prnewswire.com
Daqo New Energy Files Annual Report on Form 20-F for Fiscal Year 2023
SHANGHAI , April 29, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023, which contains the Company's audited consolidated financial statements, with the Securities and Exchange Commission (the "SEC") on April 29Â 2024. The annual report on Form 20-F can be accessed and downloaded from the SEC's website at www.sec.gov or through the investor relations section of the Company's website at https://www.dqsolar.com/.
Daqo New Energy Files Annual Report on Form 20-F for Fiscal Year 2023
SHANGHAI , April 29, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023, which contains the Company's audited consolidated financial statements, with the Securities and Exchange Commission (the "SEC") on April 29Â 2024. The annual report on Form 20-F can be accessed and downloaded from the SEC's website at www.sec.gov or through the investor relations section of the Company's website at https://www.dqsolar.com/.
04/29 08:41 EST - zacks.com
Daqo New Energy (DQ) Misses Q1 Earnings and Revenue Estimates
Daqo New Energy (DQ) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $3.52 per share a year ago.
Daqo New Energy (DQ) Misses Q1 Earnings and Revenue Estimates
Daqo New Energy (DQ) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $3.52 per share a year ago.
04/29 06:30 EST - prnewswire.com
Daqo New Energy Announces Unaudited First Quarter 2024 Results
SHANGHAI , April 29, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced its unaudited financial results for the first quarter of 2024. First Quarter 2024 Financial and Operating Highlights Polysilicon production volume was 62,278 MT in Q1 2024, compared to 61,014 MT in Q4 2023 Polysilicon sales volume was 53,987 MT in Q1 2024 compared to 59,906 MT in Q4 2023 Polysilicon average total production cost(1) was $6.37/kg in Q1 2024 compared to $6.50/kg in Q4 2023 Polysilicon average cash cost(1) was $5.61/kg in Q1 2024, compared to $5.72/kg in Q4 2023 Polysilicon average selling price (ASP) was $7.66/kg in Q1 2024, compared to $7.97/kg in Q4 2023 Revenue was $415.3 million in Q1 2024, compared to $476.3 million in Q4 2023 Gross profit was $72.1 million in Q1 2024, compared to $87.2 million in Q4 2023.
Daqo New Energy Announces Unaudited First Quarter 2024 Results
SHANGHAI , April 29, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced its unaudited financial results for the first quarter of 2024. First Quarter 2024 Financial and Operating Highlights Polysilicon production volume was 62,278 MT in Q1 2024, compared to 61,014 MT in Q4 2023 Polysilicon sales volume was 53,987 MT in Q1 2024 compared to 59,906 MT in Q4 2023 Polysilicon average total production cost(1) was $6.37/kg in Q1 2024 compared to $6.50/kg in Q4 2023 Polysilicon average cash cost(1) was $5.61/kg in Q1 2024, compared to $5.72/kg in Q4 2023 Polysilicon average selling price (ASP) was $7.66/kg in Q1 2024, compared to $7.97/kg in Q4 2023 Revenue was $415.3 million in Q1 2024, compared to $476.3 million in Q4 2023 Gross profit was $72.1 million in Q1 2024, compared to $87.2 million in Q4 2023.
04/26 09:21 EST - zacks.com
Daqo New Energy (DQ) to Post Q1 Earnings: What's in Store?
Daqo New Energy (DQ) is likely to have gained from higher prices, healthy demand for polysilicon and actions to improve efficiency in the first quarter.
Daqo New Energy (DQ) to Post Q1 Earnings: What's in Store?
Daqo New Energy (DQ) is likely to have gained from higher prices, healthy demand for polysilicon and actions to improve efficiency in the first quarter.