After finishing at $100.72 in the prior trading day, Baidu Inc ADR (NASDAQ: BIDU) closed at $98.25, down -2.45%. In other words, the price has decreased by -$2.47 from its previous closing price. On the day, 3775136 shares were traded.
Ratios:
Our goal is to gain a better understanding of BIDU by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.23. For the most recent quarter (mrq), Quick Ratio is recorded 2.82 and its Current Ratio is at 3.01. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.26.
On November 22, 2023, Nomura Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $145.
Morgan Stanley Upgraded its Equal-Weight to Overweight on June 20, 2023, whereas the target price for the stock was revised from $160 to $190.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BIDU now has a Market Capitalization of 34.06B and an Enterprise Value of 18.88B. As of this moment, Baidu’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.24, and their Forward P/E ratio for the next fiscal year is 8.16. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.86. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.43 while its Price-to-Book (P/B) ratio in mrq is 1.04. Its current Enterprise Value per Revenue stands at 0.14 whereas that against EBITDA is 0.66.
Stock Price History:
Over the past 52 weeks, BIDU has reached a high of $160.53, while it has fallen to a 52-week low of $97.51. The 50-Day Moving Average of the stock is 109.04, while the 200-Day Moving Average is calculated to be 124.53.
Shares Statistics:
The stock has traded on average 3.18M shares per day over the past 3-months and 5.09M shares per day over the last 10 days, according to various share statistics. A total of 276.45M shares are outstanding, with a floating share count of 276.43M. Insiders hold about 0.01% of the company’s shares, while institutions hold 25.17% stake in the company. Shares short for BIDU as of Feb 15, 2024 were 5.29M with a Short Ratio of 1.66, compared to 4.74M on Jan 12, 2024.
Earnings Estimates
Its stock is currently analyzed by 11 different market analysts. On average, analysts expect EPS of $2.42 for the current quarter, with a high estimate of $3.42 and a low estimate of $1.74, while EPS last year was $2.25. The consensus estimate for the next quarter is $2.94, with high estimates of $3.39 and low estimates of $2.52.
Analysts are recommending an EPS of between $14.01 and $9.95 for the fiscal current year, implying an average EPS of $11.17. EPS for the following year is $12.35, with 23 analysts recommending between $15.74 and $10.69.
Revenue Estimates
12 analysts predict $4.54B in revenue for the current quarter. It ranges from a high estimate of $4.66B to a low estimate of $4.45B. As of the current estimate, Baidu Inc ADR’s year-ago sales were $4.36B, an estimated increase of 4.20% from the year-ago figure. For the next quarter, 11 analysts are estimating revenue of $5.09B, an increase of 9.80% over than the figure of $4.20% in the same quarter last year. There is a high estimate of $5.16B for the next quarter, whereas the lowest estimate is $4.99B.
A total of 33 analysts have provided revenue estimates for BIDU’s current fiscal year. The highest revenue estimate was $21.64B, while the lowest revenue estimate was $19.81B, resulting in an average revenue estimate of $20.45B. In the same quarter a year ago, actual revenue was $18.91B, up 8.10% from the average estimate. Based on 28 analysts’ estimates, the company’s revenue will be $22B in the next fiscal year. The high estimate is $23.87B and the low estimate is $20.59B. The average revenue growth estimate for next year is up 7.60% from the average revenue estimate for this year.
