Hanwha Q Cells (NASDAQ:HQCL) was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating in a report issued on Monday.
HQCL has been the topic of several other research reports. Zacks Investment Research cut Hanwha Q Cells from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 11th. ValuEngine upgraded Hanwha Q Cells from a “hold” rating to a “buy” rating in a report on Tuesday, January 16th. Finally, Roth Capital set a $8.00 target price on Hanwha Q Cells and gave the stock a “hold” rating in a report on Saturday, November 25th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the company. Hanwha Q Cells currently has an average rating of “Hold” and a consensus price target of $7.88.
Hanwha Q Cells (NASDAQ HQCL) traded down $0.09 during trading on Monday, reaching $7.20. The company had a trading volume of 28,259 shares, compared to its average volume of 26,781. The company has a market capitalization of $602.08, a PE ratio of 26.67 and a beta of 1.75. Hanwha Q Cells has a fifty-two week low of $6.09 and a fifty-two week high of $9.79. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.73 and a current ratio of 0.97.
Hanwha Q Cells (NASDAQ:HQCL) last posted its quarterly earnings results on Friday, November 10th. The semiconductor company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.01. The business had revenue of $543.00 million for the quarter, compared to analysts’ expectations of $564.60 million. Hanwha Q Cells had a return on equity of 3.43% and a net margin of 0.75%. The firm’s quarterly revenue was down 23.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.50 earnings per share. research analysts predict that Hanwha Q Cells will post 0.55 earnings per share for the current fiscal year.
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About Hanwha Q Cells
Hanwha Q CELLS Co, Ltd., formerly Hanwha SolarOne Co, Ltd., is a global solar energy company engaged in the manufacturing of solar modules, and the development and management of downstream solar farms. It manufactures a range of photo voltaic (PV) cells and PV modules at its manufacturing facilities in China and Malaysia using manufacturing process technologies, including those developed at its research and development facilities in Germany.
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