Qutoutiao stock: buy or sell?

QTT stock price: $4.17 0.00% At close on January 17th, 2020

Updated on:
January 17th, 2020

1

Shares of Qutoutiao ended yesterday at $4.17 and remained constant a tight 0.00%. Counting Friday, it's been 3 climbing days in a row, soaring $0.13 or 3.10%.

Should I buy Qutoutiao stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, Qutoutiao stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean QTT will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Qutoutiao stock a buy?

Banks and financial institutions post stock ratings everyday. At Stocks2.com, we gathered 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

Shares of Qutoutiao closed yesterday at $4.17 and remained steady a tight 0.00%.

Qutoutiao shares remained constant 0.00% to $4.17 yesterday. QTT shows a strong short term uptrend with several rising tops and rising bottoms. Since its last bottom on Wednesday, QTT climbed unceasignly breaking out above its last top at 3.53. Since price and SMA100d lines crossed up on January 3rd, QTT climbed $0.54 (14.88%).

QTT stock chart (daily)

Weekly outlook

After boosting an astounding 6.62% in a week last week, Qutoutiao closed this week at $4.17 and stepped up a nice 2.21%. Counting this, it's been 5 climbing weeks in a row, soaring a 42.55%. Early December QTT plunged a spooky -6.55% in just one week.

Since price and SMA20w lines crossed up late December 2019, QTT climbed $0.78 (23.01%).

QTT stock chart (weekly)

Qutoutiao stock price history

Qutoutiao stock went public on September 14th, 2018 with a price of $9.101. Since then, QTT stock lost a -54.20%, with a yearly average of -54.20%.

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

Qutoutiao stock historical price chart

QTT stock reached 52-week highs on March at $18.00, and all-time highs 2018-09-14 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. You should not follow the analysts' QTT stock price predictions in the hope that they will be met as they may be wrong and not met. 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

Qutoutiao presented beatiful results for 2018-Q4 on March. Qutoutiao inched Earnings per Share (EPS) by 9.50%, beating analysts estimates of $-0.21. 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 revenues report draw an amazing growth of 484.50% to $3,022.15 M USD. In contrary, its income margin (compared to sales) collapsed to -64.28%, that is $-1,942.57 million.

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 million in revenues for 2018-Q4, a 35.78% improvement compared to previous quarter. Reported quarter income marked $-397.53 million 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 climbed a 426.13%. Looking back to recent quarterly results, Qutoutiao posted 4 negative 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 buy shares of a stock, it's worth to have a look its ownership structure.

Qutoutiao shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.00% of all shares.

In case of Qutoutiao stock, 9.43% 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$1.1 B
Total shares254.5 M
Float shares68.0 M
  - Institutional holdings (%)9.4%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

Qutoutiao summary

Friday, January 17th, 2020
Open$4.20
Close$4.17
Day range$4.10 - $4.20
Previous close$4.17
Session gain0.00%
Average true range$0.20
50d mov avg$3.37
100d mov avg$3.60
200d mov avg$4.50
Daily patternlb03c
Weekly pattern lt03a

Qutoutiao performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For Qutoutiao, the benchmark is made against .
Stock3m6m12m
QTTQutoutiao25.98%-10.13%-50.83%

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.