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The price of Baidu Inc ADR (NASDAQ: BIDU) closed at $109.23 in the last session, down -5.12% from day before closing price of $115.13. In other words, the price has decreased by -$5.12 from its previous closing price. On the day, 6.37 million shares were traded. BIDU stock price reached its highest trading level at $111.24 during the session, while it also had its lowest trading level at $107.67.
Ratios:
We take a closer look at BIDU’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.32 and its Current Ratio is at 2.32. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.22.
On August 23, 2024, Bernstein Downgraded its rating to Mkt Perform which previously was Outperform and also lowered its target price recommendation from $130 to $97.
Jefferies reiterated its Buy rating for the stock on July 15, 2024, while the target price for the stock was revised from $179 to $174.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 01 ’24 when MELISSA DONGMIN MA bought 395,000 shares for $105.29 per share.
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 39316574208 and an Enterprise Value of 258021081088. As of this moment, Baidu’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.29, and their Forward P/E ratio for the next fiscal year is 9.35. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.08. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.71 while its Price-to-Book (P/B) ratio in mrq is 1.10. Its current Enterprise Value per Revenue stands at 1.914 whereas that against EBITDA is 6.811.
Stock Price History:
Over the past 52 weeks, BIDU has reached a high of $135.85, while it has fallen to a 52-week low of $79.68. The 50-Day Moving Average of the stock is 24.04%, while the 200-Day Moving Average is calculated to be 10.03%.
Shares Statistics:
According to the various share statistics, BIDU traded on average about 3.95M shares per day over the past 3-months and 7547890 shares per day over the past 10 days. A total of 292.07M shares are outstanding, with a floating share count of 292.06M. Insiders hold about 0.00% of the company’s shares, while institutions hold 24.37% stake in the company. Shares short for BIDU as of 1726185600 were 8730780 with a Short Ratio of 2.21, compared to 1723680000 on 7640263. Therefore, it implies a Short% of Shares Outstanding of 8730780 and a Short% of Float of 3.17.
