iQIYI (IQ) to Release Earnings on Tuesday

iQIYI (NASDAQ:IQ) is expected to post its quarterly earnings results before the market opens on Tuesday, February 18th. Analysts expect iQIYI to post 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 analysts’ consensus estimates of $0.04 by $0.02. iQIYI had a net margin of 4.69% and a return on equity of 13.26%. During the same quarter last year, the firm earned $0.07 EPS. On average, analysts expect iQIYI to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

iQIYI Price Performance

NASDAQ IQ opened at $2.54 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.45 and a current ratio of 0.45. The firm’s 50 day moving average price is $2.13 and its 200-day moving average price is $2.37. iQIYI has a 52-week low of $1.82 and a 52-week high of $5.80. The company has a market cap of $2.44 billion, a PE ratio of 12.70, a P/E/G ratio of 3.76 and a beta of 0.03.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Benchmark reiterated a “hold” rating on shares of iQIYI in a research note on Friday, January 24th. HSBC upgraded shares of iQIYI from a “reduce” rating to a “hold” rating and set a $2.15 price objective on the stock in a research note on Thursday, January 16th. OTR Global reiterated a “negative” rating on shares of iQIYI in a research note on Wednesday, January 8th. Hsbc Global Res upgraded shares of iQIYI from a “moderate sell” rating to a “hold” rating in a research note on Thursday, January 16th. Finally, Citigroup lowered their target price on shares of iQIYI from $3.00 to $2.80 and set a “buy” rating for the company in a research note on Thursday, January 16th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently 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.