Shares of Communication Services sector company iQIYI moved -0.4% today, and are now trading at a price of $5.43. The mid-cap stock's daily volume was 4,318,809 compared to its average volume of 19,421,357. The S&P 500 index returned a -0.7% performance.
iQIYI, Inc., together with its subsidiaries, provides online entertainment services under the iQIYI brand in the People's Republic of China. The company is based in Beijing and has 5,856 full time employees. Its market capitalization is $4,723,117,056.
21 analysts are following iQIYI and have set target prices ranging from $2.79 to $16.97 per share. On average, they have given the company a rating of buy. At today's prices, IQ is trading -6.7% away from its average analyst target price of $5.82 per share.
Over the last year, IQ's share price has increased by 15.0%, which represents a difference of 27.3% when compared to the S&P 500. The stock's 52 week high is $7.1 per share whereas its 52 week low is $1.65. iQIYI has averaged free cash flows of $-7,022,790,333.3 over the last four years, but they have been increasing at a rate of 12.7%. Nonetheless, more cautious investors will probably avoid this stock until the business becomes firmly cash positive.
| Date Reported | Cash Flow from Operations ($ MM) | Capital expenditures ($ MM) | Free Cash Flow ($ MM) | YoY Growth (%) |
|---|---|---|---|---|
| 2021-12-31 | -5,952 | -401 | -6,353 | -9.59 |
| 2020-12-31 | -5,411 | -386 | -5,797 | 35.01 |
| 2019-12-31 | 3,906 | -12,825 | -8,919 | n/a |
