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In the latest session, Baidu Inc ADR (NASDAQ: BIDU) closed at $84.80 down -3.94% from its previous closing price of $88.28. In other words, the price has decreased by -$3.94 from its previous closing price. On the day, 4.36 million shares were traded. BIDU stock price reached its highest trading level at $86.07 during the session, while it also had its lowest trading level at $84.26.
Ratios:
For a deeper understanding of Baidu Inc ADR’s stock, let’s take a closer look at its various ratios. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 30218395648 and an Enterprise Value of 189714792448. As of this moment, Baidu’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.10, and their Forward P/E ratio for the next fiscal year is 7.61. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.71. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.33 while its Price-to-Book (P/B) ratio in mrq is 0.85. Its current Enterprise Value per Revenue stands at 1.407 whereas that against EBITDA is 5.008.
Stock Price History:
Over the past 52 weeks, BIDU has reached a high of $126.23, while it has fallen to a 52-week low of $79.68. The 50-Day Moving Average of the stock is -9.27%, while the 200-Day Moving Average is calculated to be -12.45%.
Shares Statistics:
For the past three months, BIDU has traded an average of 3.95M shares per day and 3015220 over the past ten 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 24.00% stake in the company. Shares short for BIDU as of 1728950400 were 7004855 with a Short Ratio of 1.73, compared to 1726185600 on 8730780. Therefore, it implies a Short% of Shares Outstanding of 7004855 and a Short% of Float of 2.54.
