Daqo New Energy Corp. (DQ) Is At $63.25 Formed Wedge; Shellback Capital LP Cut Priceline Grp (PCLN) Position By $6.90 Million

Daqo New Energy Corp. (DQ) formed wedge up with $67.05 target or 6.00% above today’s $63.25 share price. Daqo New Energy Corp. (DQ) has $665.33 million valuation. The stock increased 3.69% or $2.25 during the last trading session, reaching $63.25. About 379,263 shares traded or 1.13% up from the average. Daqo New Energy Corp. (NYSE:DQ) has declined 5.57% since January 23, 2017 and is downtrending. It has underperformed by 22.27% the S&P500.

Shellback Capital Lp decreased Priceline Grp Inc (PCLN) stake by 31.43% reported in 2017Q3 SEC filing. Shellback Capital Lp sold 3,771 shares as Priceline Grp Inc (PCLN)’s stock rose 10.44%. The Shellback Capital Lp holds 8,229 shares with $15.07 million value, down from 12,000 last quarter. Priceline Grp Inc now has $93.43 billion valuation. The stock increased 0.29% or $5.56 during the last trading session, reaching $1915.77. About 398,161 shares traded. The Priceline Group Inc. (NASDAQ:PCLN) has risen 44.63% since January 23, 2017 and is uptrending. It has outperformed by 27.93% the S&P500.

Among 3 analysts covering Daqo New Energy (NYSE:DQ), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Daqo New Energy has $65.0 highest and $17.10 lowest target. $39.70’s average target is -37.23% below currents $63.25 stock price. Daqo New Energy had 13 analyst reports since August 12, 2015 according to SRatingsIntel. The rating was maintained by Roth Capital on Sunday, August 13 with “Buy”. Roth Capital maintained the stock with “Buy” rating in Friday, November 3 report. Morgan Stanley downgraded Daqo New Energy Corp. (NYSE:DQ) on Tuesday, November 10 to “Equal-Weight” rating. The company was maintained on Friday, May 26 by Roth Capital. Roth Capital maintained the stock with “Buy” rating in Thursday, November 16 report. The firm has “Buy” rating by Roth Capital given on Monday, June 5. Roth Capital maintained it with “Buy” rating and $3500 target in Friday, August 4 report. On Monday, October 16 the stock rating was maintained by Roth Capital with “Buy”. The rating was initiated by Northland Capital with “Outperform” on Friday, December 18. The firm has “Buy” rating given on Monday, December 4 by Roth Capital.

Analysts await Daqo New Energy Corp. (NYSE:DQ) to report earnings on March, 6. They expect $1.69 earnings per share, up 212.96% or $1.15 from last year’s $0.54 per share. DQ’s profit will be $17.78M for 9.36 P/E if the $1.69 EPS becomes a reality. After $2.22 actual earnings per share reported by Daqo New Energy Corp. for the previous quarter, Wall Street now forecasts -23.87% negative EPS growth.

Since August 10, 2017, it had 0 buys, and 6 insider sales for $5.83 million activity. Another trade for 2,500 shares valued at $4.69M was sold by Docter Jan L. $216,299 worth of The Priceline Group Inc. (NASDAQ:PCLN) was sold by Tans Gillian.

Investors sentiment decreased to 1.03 in Q3 2017. Its down 0.03, from 1.06 in 2017Q2. It dropped, as 66 investors sold PCLN shares while 320 reduced holdings. 93 funds opened positions while 306 raised stakes. 50.07 million shares or 10.39% more from 45.36 million shares in 2017Q2 were reported. State Of Tennessee Treasury Department has 32,404 shares for 0.3% of their portfolio. Sector Pension Board holds 0.09% or 11,367 shares. Sentinel Trust Lba holds 0.18% of its portfolio in The Priceline Group Inc. (NASDAQ:PCLN) for 580 shares. Acadian Asset Limited Liability Com reported 0.19% in The Priceline Group Inc. (NASDAQ:PCLN). Caxton Lp owns 850 shares or 0.06% of their US portfolio. Bessemer holds 2.15% or 293,921 shares in its portfolio. Webster Savings Bank N A holds 62 shares. California Public Employees Retirement Systems holds 0.3% of its portfolio in The Priceline Group Inc. (NASDAQ:PCLN) for 111,303 shares. Criterion Cap Mgmt Lc invested in 5,920 shares. Fukoku Mutual Life has invested 0.14% in The Priceline Group Inc. (NASDAQ:PCLN). State Of New Jersey Common Pension Fund D stated it has 0.15% in The Priceline Group Inc. (NASDAQ:PCLN). Private Advisor Group Limited Liability Corp invested in 705 shares. Ironwood Limited Liability Company accumulated 3 shares. 9,148 are held by First Long Island Invsts Limited Liability Company. Weatherstone Cap holds 0.24% or 192 shares in its portfolio.

Analysts await The Priceline Group Inc. (NASDAQ:PCLN) to report earnings on February, 26. They expect $14.10 EPS, down 0.77% or $0.11 from last year’s $14.21 per share. PCLN’s profit will be $687.65 million for 33.97 P/E if the $14.10 EPS becomes a reality. After $35.22 actual EPS reported by The Priceline Group Inc. for the previous quarter, Wall Street now forecasts -59.97% negative EPS growth.

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