|Bid||0.00 x 800|
|Ask||24.00 x 900|
|Day's Range||22.09 - 23.51|
|52 Week Range||22.09 - 72.50|
|Beta (3Y Monthly)||0.91|
|PE Ratio (TTM)||2.70|
|Earnings Date||Nov 12, 2018 - Nov 16, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||55.28|
CHONGQING, China , Oct. 16, 2018 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo" or the "Company"), a leading manufacturer of high-purity polysilicon for the global solar PV ...
SHIHEZI, China, Oct. 15, 2018 /PRNewswire/ -- Daqo New Energy Corp. (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 has completed the construction and installation of its Phase 3B polysilicon production facility in Shihezi, Xinjiang and has begun pilot production. The Company expects the Phase 3B facility will ramp up to full production capacity and expand its total production capacity to 30,000 MT by the end of the first quarter of 2019. Once Phase 3B has reached full production capacity, a power purchase agreement with the local electric utility will reduce the Company's electricity rates by approximately 18% from the current levels, further lowering the Company's polysilicon production cost.
The Company expects to incur approximately US$21.6 million in fixed-asset impairment and restructuring charges during the third quarter of 2018, including approximately US$1.6 million in employee severance payments and approximately US$20.0 million in impairment of long-lived assets. Mr. Longgen Zhang, CEO of Daqo New Energy, commented, "We made a strategic decision to discontinue our solar wafer manufacturing operations to accommodate the increasingly challenging market conditions for multi-crystalline wafers.
I am writing today to help inform people who are new to the stock market and want to start learning about core concepts of fundamental analysis on practical examples fromRead More...
NEW YORK, Aug. 23, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Fitbit, ...
Many solar stocks rallied this week after Daqo New Energy (NYSE: DQ), a Chinese company that makes polysilicon used to develop solar modules, reported much stronger than expected results. Importantly, Daqo also clarified that, contrary to the expectations of many, global solar energy demand is not collapsing. Despite the recent rally in solar energy stocks, many of the names in the sector, including JinkoSolar (NYSE: JKS), Daqo, SunPower (NASDAQ: SPWR), and SolarEdge (NASDAQ: SEDG), remain extremely undervalued. Given the multiple positive upcoming catalysts for the solar energy sector, investors should buy those solar stocks.
Daqo (DQ) delivered earnings and revenue surprises of 44.68% and 6.78%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Wanzhou, China-based company said it had profit of $1. Earnings, adjusted for stock option expense and non-recurring costs, were $1.36 per share. The solar panel parts maker posted ...
CHONGQING, China , Aug. 7, 2018 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy", the "Company" or "we"), a leading manufacturer of high-purity polysilicon ...
NEW YORK, NY / ACCESSWIRE / August 7, 2018 / Daqo New Energy Corp. Sponsored ADR (NYSE: DQ ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 7, 2018 at 8:00 AM ...
WallStEquities.com has issued research reports on Cree Inc. (NASDAQ: CREE), Daqo New Energy Corp. (NYSE: DQ), Entegris Inc. (NASDAQ: ENTG), and Lam Research Corp. (NASDAQ: LRCX). Semiconductor Equipment and Materialscompanies provide the basis for the manufacturing of semiconductors.
CHONGQING, China , July 27, 2018 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy" or the "Company"), a leading manufacturer of high-purity polysilicon for the global ...
CHONGQING, China, July 13, 2018 /PRNewswire/ -- Daqo New Energy Corp. (DQ) ("Daqo New Energy" or the "Company"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced updates to its previous polysilicon and wafer sales guidance for the second quarter of 2018 and reiterates its full year 2018 polysilicon production guidance. The Company estimates that its polysilicon sales to external customers during the second quarter of 2018 will be approximately 3,800 MT to 3,900 MT, as compared to the previous guidance of approximately 5,300 MT to 5,500 MT. The Company sold approximately 2,600 MT of polysilicon during the first two weeks of July and reduced inventory to low levels.
The declining cost of solar energy in China and the launch of cheaper batteies in the U.S. are going to make solar stocks soar by 2020 or 2021. Investors should buy solar stocks — including First Solar Inc (NASDAQ:FSLR), Daqo New Energy Corp (NYSE:DQ), SunPower Corporation (NASDAQ:SPWR), and JinkoSolar Holding Co Ltd (NYSE:JKS) — now,while they are very cheap, to take advantage of the coming boom. Solar stocks have declined sharply in recent weeks, due to China’s decision to cut some subsidies for solar energy.
Daqo New Energy Corp (NYSE:DQ), a semiconductor company based in China, received a lot of attention from a substantial price movement on the NYSE over the last few months, increasingRead More...
When considering valuation metrics, price-to-earnings ratio has always been the obvious choice as calculations based on earnings are easy and come in handy. While a loss-making company with a negative price-to-earnings ratio falls out of investor favor, price-to-sales could indicate the hidden strength of its business. A stock’s price-to-sales ratio reflects how much investors are paying for each dollar of revenues generated by the company.
WallStEquities.com revisits the Semiconductor Equipment and Materials space, which comprises companies that are engaged in the design, manufacture, and sale of equipment that assists with the development of semiconductors. Under review this morning are the following equities: AXT Inc. (NASDAQ: AXTI), Brooks Automation Inc. (NASDAQ: BRKS), Cree Inc. (NASDAQ: CREE), and Daqo New Energy Corp. (NYSE: DQ).
Daqo New Energy Corp (NYSE:DQ) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the caseRead More...
The key to making money by buying stocks low is finding good companies in high-growth sectors whose shares have dropped because of temporary factors. In other words, investors, particularly longer-term investors, should try to find stocks to buy on weakness that will probably prove to be temporary.
Daqo New Energy Corp. (DQ) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock
Zacks.com highlights: Western Digital, Daqo New Energy, Citizens Financial Group, AerCap Holdings and Arrow Electronics
Chinese solar stocks were under heavy selling pressure Monday in reaction to the government's decision to suspend the construction of new solar farms and cut subsidies to solar companies. China's revised solar policy over the weekend came in "much worse than expected" and should create a "massive" net oversupply of cell capacity, Shen said in the downgrade note. Daqo still boasts an attractive cash generation potential, which implies investors could consider taking advantage of "more attractive entry points," Shen said.