For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $82.61 in the prior trading day, Baidu Inc ADR (NASDAQ: BIDU) closed at $81.34, down -1.54%. In other words, the price has decreased by -$1.54 from its previous closing price. On the day, 2.44 million shares were traded. BIDU stock price reached its highest trading level at $81.83 during the session, while it also had its lowest trading level at $80.48.
Ratios:
Our goal is to gain a better understanding of BIDU by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.19 and its Current Ratio is at 2.19. In the meantime, Its Debt-to-Equity ratio is 0.30 whereas as Long-Term Debt/Eq ratio is at 0.21.
On November 25, 2024, Susquehanna Downgraded its rating to Neutral which previously was Positive and also lowered its target price recommendation from $105 to $85.
China Renaissance Downgraded its Buy to Hold on November 25, 2024, while the target price for the stock was maintained at $86.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 02 ’25 when MELISSA DONGMIN MA bought 500,000 shares for $84.31 per share.
Ye Judy Qing bought 1,500 shares of BIDU for $28,065 on Nov 26 ’24. On Nov 22 ’24, another insider, Callinicos Brent, who serves as the Director of the company, bought 4,900 shares for $81.63 each.
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 28802166784 and an Enterprise Value of 195166994432. As of this moment, Baidu’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.04, and their Forward P/E ratio for the next fiscal year is 8.09. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.23 while its Price-to-Book (P/B) ratio in mrq is 0.80. Its current Enterprise Value per Revenue stands at 1.447 whereas that against EBITDA is 5.152.
Stock Price History:
Over the past 52 weeks, BIDU has reached a high of $118.29, while it has fallen to a 52-week low of $78.95. The 50-Day Moving Average of the stock is -6.56%, while the 200-Day Moving Average is calculated to be -12.82%.
Shares Statistics:
The stock has traded on average 3.36M shares per day over the past 3-months and 2366560 shares per day over the last 10 days, according to various share statistics. A total of 285.05M shares are outstanding, with a floating share count of 279.90M. Insiders hold about 0.00% of the company’s shares, while institutions hold 25.45% stake in the company. Shares short for BIDU as of 1730332800 were 6824569 with a Short Ratio of 2.43, compared to 1727654400 on 7011713. Therefore, it implies a Short% of Shares Outstanding of 6824569 and a Short% of Float of 2.48.
