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.
As of close of business last night, Baidu Inc ADR’s stock clocked out at $94.41, down -1.78% from its previous closing price of $96.12. In other words, the price has decreased by -$1.78 from its previous closing price. On the day, 2.84 million shares were traded. BIDU stock price reached its highest trading level at $95.89 during the session, while it also had its lowest trading level at $94.25.
Ratios:
To gain a deeper understanding of BIDU’s stock, we examine its different ratios. 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 33345234944 and an Enterprise Value of 174130790400. As of this moment, Baidu’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.07, and their Forward P/E ratio for the next fiscal year is 7.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.45 while its Price-to-Book (P/B) ratio in mrq is 0.78. Its current Enterprise Value per Revenue stands at 1.294 whereas that against EBITDA is 4.766.
Stock Price History:
Over the past 52 weeks, BIDU has reached a high of $156.98, while it has fallen to a 52-week low of $94.64. The 50-Day Moving Average of the stock is -9.52%, while the 200-Day Moving Average is calculated to be -21.27%.
Shares Statistics:
It appears that BIDU traded 3.44M shares on average per day over the past three months and 3230300 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 23.99% stake in the company. Shares short for BIDU as of 1711584000 were 5307178 with a Short Ratio of 1.61, compared to 1709164800 on 6050959.
Earnings Estimates
The current assessment of Baidu Inc ADR (BIDU) involves the perspectives of Baidu, Inc. analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $93.55, with high estimates of $25.41 and low estimates of $3.41.
