The closing price of Baidu Inc ADR (NASDAQ: BIDU) was $103.89 for the day, down -0.27% from the previous closing price of $104.17. In other words, the price has decreased by -$0.28 from its previous closing price. On the day, 2411537 shares were traded.
Ratios:
Our analysis of BIDU’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.42. For the most recent quarter (mrq), Quick Ratio is recorded 2.98 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 36.56B and an Enterprise Value of 21.37B. As of this moment, Baidu’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.28, and their Forward P/E ratio for the next fiscal year is 8.60. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.60 while its Price-to-Book (P/B) ratio in mrq is 0.86. Its current Enterprise Value per Revenue stands at 0.16 whereas that against EBITDA is 0.43.
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 $96.58. The 50-Day Moving Average of the stock is 105.69, while the 200-Day Moving Average is calculated to be 123.17.
Shares Statistics:
BIDU traded an average of 3.32M shares per day over the past three months and 2.89M shares per day over the past ten days. A total of 292.07M shares are outstanding, with a floating share count of 292.05M. Insiders hold about 0.01% of the company’s shares, while institutions hold 23.84% stake in the company. Shares short for BIDU as of Feb 29, 2024 were 5.29M with a Short Ratio of 1.82, compared to 6.44M on Jan 31, 2024.
Earnings Estimates
The firm’s stock currently is rated by 12 analysts. On average, analysts expect EPS of $2.38 for the current quarter, with a high estimate of $3.38 and a low estimate of $1.72, while EPS last year was $2.25. The consensus estimate for the next quarter is $2.88, with high estimates of $3.35 and low estimates of $2.5.
Analysts are recommending an EPS of between $13.85 and $9.83 for the fiscal current year, implying an average EPS of $11.08. EPS for the following year is $12.22, with 23 analysts recommending between $15.56 and $10.57.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 12 analysts. It ranges from a high estimate of $4.61B to a low estimate of $4.39B. As of the current estimate, Baidu Inc ADR’s year-ago sales were $4.36B, an estimated increase of 2.50% from the year-ago figure. For the next quarter, 11 analysts are estimating revenue of $5.02B, an increase of 8.30% over than the figure of $2.50% in the same quarter last year. There is a high estimate of $5.1B for the next quarter, whereas the lowest estimate is $4.89B.
A total of 29 analysts have provided revenue estimates for BIDU’s current fiscal year. The highest revenue estimate was $21B, while the lowest revenue estimate was $19.72B, resulting in an average revenue estimate of $20.16B. In the same quarter a year ago, actual revenue was $18.7B, up 7.80% from the average estimate. Based on 26 analysts’ estimates, the company’s revenue will be $21.63B in the next fiscal year. The high estimate is $23.2B and the low estimate is $20.35B. The average revenue growth estimate for next year is up 7.30% from the average revenue estimate for this year.
