As of close of business last night, PDD Holdings Inc ADR’s stock clocked out at $113.52, down -0.67% from its previous closing price of $114.29. On the day, 5151483 shares were traded.
Ratios:
To gain a deeper understanding of PDD’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.83 and its Current Ratio is at 1.93. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.04.
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 the company, Jefferies on March 11, 2024, Upgraded its rating to Buy and sets its target price to $157 from $117 previously.
On March 11, 2024, Goldman Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $136.
Valuation Measures:
As of this moment, PDD’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.77, and their Forward P/E ratio for the next fiscal year is 9.93. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.34 while its Price-to-Book (P/B) ratio in mrq is 6.80.
Stock Price History:
Over the past 52 weeks, PDD has reached a high of $152.99, while it has fallen to a 52-week low of $59.67.
Shares Statistics:
A total of 1.33B shares are outstanding, with a floating share count of 1.30B. Insiders hold about 2.18% of the company’s shares, while institutions hold 28.00% stake in the company.
Earnings Estimates
As of right now, PDD Holdings Inc. analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $3.48, with high estimates of $267.26 and low estimates of $18.61.
Analysts are recommending an EPS of between $Energy and $Financial Services for the fiscal current year, implying an average EPS of $Technology.
