Qutoutiao stock: buy or sell?

QTT stock price: $4.67 5.42% At close on August 23rd, 2019

Updated on:
August 23rd, 2019

1

Qutoutiao closed today at $4.67 and boosted an astounding 5.42%.

Should I buy Qutoutiao stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Having a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with Qutoutiao stock situation right now, therefore this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Qutoutiao stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we collected 3 ratings published for QTT stock in the last 30 days.

Is QTT a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-4-16CitigroupNeutralBuy
2019-2-20Deutsche BankBuyHold
2019-2-15UBS GroupBuyNeutral

Qutoutiao stock analysis

Daily outlook

Qutoutiao shares boosted 5.42% to $4.67 today.

Qutoutiao shares boosted 5.42% to $4.67 today. Since April when QTT stock price broke down the SMA100d line, it slid $-4.72 per share (-50.27%).

QTT stock chart (daily)

Weekly outlook

Shares of Qutoutiao ended this week at $4.67 and rocketed an exceptional 11.19%. Late July QTT plunged a spooky -19.46% in just one week. For 3 weeks in a row, price climbed and marked a profit of 21.95%.

Since early April, when QTT stock price broke down the 20-weeks moving avarage line, it slid $-6.90 per share (-59.64%). Far behind is the all-time high Qutoutiao hit by mid September 2018 and since then the price is -77.10% below that top.

QTT stock chart (weekly)

Qutoutiao stock price history

Qutoutiao stock went public on September with a price of $9.101. Since then, QTT stock declined a -48.70%, with a yearly average of inf%.

1: Adjusted price after possible price splits or reverse-splits.

Qutoutiao stock historical price chart

QTT stock reached all-time highs on September with a price of $20.39.

Qutoutiao stock price target is $14.00

How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last month we only found 1 price target for Qutoutiao stock:
QTT stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-4-16CitigroupUpgrades$16.00$14.00-12.5%
(in average)$16.00$14.00-13.0%

Financials and fundamental analysis

Earnings date and Earnings per Share

On March, Qutoutiao reported its latest financial data, posting a decent gain for the Earnings per Share (EPS) ratio. Analyst were expecting $-0.21 per share, but Qutoutiao posted $-0.23.
QTT earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q3-n/an/an/a
2017-Q4-n/an/an/a
2018-Q2-n/an/an/a
2018-Q32018-11-12-0.12-0.33n/a
2018-Q42019-03-05-0.21-0.23n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual turnover report draw an astounding gain of 484.50% to $3,022.15 million USD. When comparing 2018 vs 2017, nevertheless, profit margin (that is, the net income divided by revenues) plummed a -45.95% to -64.28%.

QTT annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2016$58 M-$-10.86 M-18.7%-
2017$517 M792.17%$-94.76 M-18.3%772.36%
2018$3,022 M484.50%$-1,942.57 M-64.3%1,950.00%

Quarterly financial results

Qutoutiao posted $1,326.99 M in revenues for 2018-Q4, a 35.78% improvement compared to previous quarter. Reported quarter income marked $-397.53 M with a profit margin of -29.96%. Profit margin rocketed a 75.49% compared to previous quarter when profit margin was -105.45%. When comparing revenues to same quarter last year, Qutoutiao sales marked an exceptional growth and skyrocketed a 426.13%. Looking back to recent quarterly results, Qutoutiao posted 4 positive quarters in a row.
QTT quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q3$158 M-$-11.46 M-7.3%-
2017-Q4$252 M60.08%$-54.62 M-21.7%376.60%
2018-Q2$481 M90.88%$-211.83 M-44.0%287.80%
2018-Q3$977 M103.00%$-1,030.60 M-105.5%386.52%
2018-Q4$1,327 M35.78%$-397.53 M-30.0%-61.43%

Qutoutiao ownership

When you are planning to invest in a company, it's worth to check its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Qutoutiao, 0.00% of all outstanding shares are owned by its staff.

In case of Qutoutiao stock, 0.71% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for QTT stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Qutoutiao:

QTT
Market cap$1.4 B
Total shares289.1 M
Float shares64.2 M
  - Institutional holdings (%)0.7%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

Qutoutiao summary

Friday, August 23rd, 2019
Open$4.39
Close$4.67
Day range$4.37 - $4.68
Previous close$4.43
Session gain5.42%
Average true range$0.25
50d mov avg$4.26
100d mov avg$5.45
200d mov avg$7.22
Daily patternlt03a
Weekly pattern lb06a

Qutoutiao performance

To measure stock performance is always good to compare with competitors or related stocks. For Qutoutiao, the comparison is made against .
Stock3m6m12m
QTTQutoutiao-2.30%-62.70%0.00%

Qutoutiao competitors

Unfortunately, we could not find any public company that could be defined as Qutoutiao competitor. This doesn't mean Qutoutiao does not have any competitor in the market, it's just we could not detected it.