IQIYI (IQ) to Release Quarterly Earnings on Thursday

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IQIYI (NASDAQ:IQ) will be announcing its earnings results after the market closes on Thursday, February 21st. Analysts expect the company to announce earnings of ($0.69) per share for the quarter.

Shares of IQ stock opened at $21.60 on Thursday. IQIYI has a 1 year low of $14.35 and a 1 year high of $46.23. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.95 and a quick ratio of 0.95.

IQ has been the topic of a number of analyst reports. Zacks Investment Research cut IQIYI from a “hold” rating to a “sell” rating in a research note on Thursday, January 24th. OTR Global cut IQIYI to a “positive” rating in a research note on Monday, January 14th. ValuEngine cut IQIYI from a “buy” rating to a “hold” rating in a research note on Wednesday, November 21st. Credit Suisse Group raised IQIYI from a “neutral” rating to an “outperform” rating in a research note on Wednesday, October 31st. Finally, China Renaissance Securities set a $28.00 target price on IQIYI and gave the company a “buy” rating in a research note on Thursday, January 17th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $29.00.

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About IQIYI

iQIYI, Inc, together with its subsidiaries, provides online entertainment services under the iQIYI brand name in China. It operates a platform that provides a collection of Internet video content, including professionally-produced content licensed from professional content providers and self-produced content.

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