Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Baidu Inc ADR (NASDAQ: BIDU) was $96.59 for the day, up 3.48% from the previous closing price of $93.34. In other words, the price has increased by $3.48 from its previous closing price. On the day, 10.35 million shares were traded.
Ratios:
Our analysis of BIDU’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:
As of this moment, Baidu’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.92, and their Forward P/E ratio for the next fiscal year is 9.81. 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 0.95.
Stock Price History:
Over the past 52 weeks, BIDU has reached a high of $116.25, while it has fallen to a 52-week low of $77.19. The 50-Day Moving Average of the stock is 11.13%, while the 200-Day Moving Average is calculated to be 5.50%.
Shares 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 25.23% stake in the company.
