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In the latest session, Baidu Inc ADR (NASDAQ: BIDU) closed at $86.18 up 2.61% from its previous closing price of $83.99. In other words, the price has increased by $2.61 from its previous closing price. On the day, 2.5 million shares were traded. BIDU stock price reached its highest trading level at $86.95 during the session, while it also had its lowest trading level at $84.825.
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 2.79 and its Current Ratio is at 2.79. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.26.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on July 15, 2024, Reiterated its Buy rating but revised its target price to $174 from $179 previously.
On July 15, 2024, Citigroup reiterated its Buy rating and also upped its target price recommendation from $170 to $155.
Morgan Stanley Downgraded its Overweight to Equal-Weight on May 17, 2024, whereas the target price for the stock was revised from $140 to $125.
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 30451099648 and an Enterprise Value of 164461953024. As of this moment, Baidu’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.38, and their Forward P/E ratio for the next fiscal year is 7.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.34 while its Price-to-Book (P/B) ratio in mrq is 0.88. Its current Enterprise Value per Revenue stands at 1.219 whereas that against EBITDA is 4.434.
Stock Price History:
Over the past 52 weeks, BIDU has reached a high of $151.00, while it has fallen to a 52-week low of $79.68. The 50-Day Moving Average of the stock is -4.42%, while the 200-Day Moving Average is calculated to be -16.49%.
Shares Statistics:
For the past three months, BIDU has traded an average of 3.61M shares per day and 2722370 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 24.53% stake in the company. Shares short for BIDU as of 1722384000 were 7473292 with a Short Ratio of 2.07, compared to 1719532800 on 5976249. Therefore, it implies a Short% of Shares Outstanding of 7473292 and a Short% of Float of 2.7199999999999998.
