iQIYI (IQ) to Release Quarterly Earnings on Tuesday

iQIYI (NASDAQ:IQ) is expected to issue its quarterly earnings data before the market opens on Tuesday, February 18th. Analysts expect the company to announce earnings of ($0.04) per share and revenue of $6.62 billion for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

iQIYI (NASDAQ:IQ) last issued its earnings results on Thursday, November 21st. The company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.04 by $0.02. iQIYI had a return on equity of 13.26% and a net margin of 4.69%. During the same quarter in the prior year, the company posted $0.07 earnings per share. On average, analysts expect iQIYI to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

iQIYI Stock Up 0.8 %

IQ opened at $2.54 on Monday. The stock’s fifty day simple moving average is $2.13 and its 200 day simple moving average is $2.36. iQIYI has a 1-year low of $1.82 and a 1-year high of $5.80. The stock has a market cap of $2.44 billion, a PE ratio of 12.70, a price-to-earnings-growth ratio of 3.76 and a beta of 0.03. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 0.65.

Wall Street Analyst Weigh In

IQ has been the topic of several research analyst reports. Hsbc Global Res raised shares of iQIYI from a “moderate sell” rating to a “hold” rating in a research report on Thursday, January 16th. HSBC upgraded shares of iQIYI from a “reduce” rating to a “hold” rating and set a $2.15 price objective for the company in a research report on Thursday, January 16th. Benchmark reaffirmed a “hold” rating on shares of iQIYI in a research report on Friday, January 24th. JPMorgan Chase & Co. dropped their price target on iQIYI from $2.50 to $1.80 and set a “neutral” rating for the company in a report on Friday, November 22nd. Finally, Citigroup lowered their price objective on iQIYI from $3.00 to $2.80 and set a “buy” rating on the stock in a research report on Thursday, January 16th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, iQIYI currently has a consensus rating of “Hold” and a consensus price target of $2.91.

iQIYI Company Profile

iQIYI, Inc, together with its subsidiaries, provides online entertainment video services in the People's Republic of China. It offers various products and services, including online video, online games, online literature, animations, and other products. The company operates a platform that provides a collection of internet video content, such as professionally produced content licensed from professional content providers and self-produced content.