In the latest session, PDD Holdings Inc ADR (NASDAQ: PDD) closed at $124.54 down -0.38% from its previous closing price of $125.01. In other words, the price has decreased by -$0.47 from its previous closing price. On the day, 4666469 shares were traded. PDD stock price reached its highest trading level at $128.80 during the session, while it also had its lowest trading level at $124.10.
Ratios:
For a deeper understanding of PDD Holdings Inc ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.83 and its Current Ratio is at 1.83. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.02.
On August 30, 2023, Goldman Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $99 to $129.
Goldman Downgraded its Buy to Neutral on April 25, 2023, whereas the target price for the stock was revised from $116 to $93.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PDD now has a Market Capitalization of 166.09B and an Enterprise Value of 140.65B. As of this moment, PDD’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.90, and their Forward P/E ratio for the next fiscal year is 16.56. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.90 while its Price-to-Book (P/B) ratio in mrq is 7.46. Its current Enterprise Value per Revenue stands at 0.71 whereas that against EBITDA is 2.53.
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. The 50-Day Moving Average of the stock is 138.25, while the 200-Day Moving Average is calculated to be 104.42.
Shares Statistics:
For the past three months, PDD has traded an average of 7.52M shares per day and 6.24M over the past ten days. A total of 1.32B shares are outstanding, with a floating share count of 1.30B. Insiders hold about 2.29% of the company’s shares, while institutions hold 28.11% stake in the company. Shares short for PDD as of Feb 15, 2024 were 23.65M with a Short Ratio of 3.14, compared to 35.18M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.78% and a Short% of Float of 3.52%.
Earnings Estimates
There are 12 different market analysts currently analyzing its stock. On average, analysts expect EPS of $1.59 for the current quarter, with a high estimate of $1.89 and a low estimate of $1.2, while EPS last year was $1.19. The consensus estimate for the next quarter is $0.98, with high estimates of $1.25 and low estimates of $0.63.
Analysts are recommending an EPS of between $7.33 and $5.19 for the fiscal current year, implying an average EPS of $5.7. EPS for the following year is $7.35, with 30 analysts recommending between $8.6 and $5.79.
Revenue Estimates
A total of 19 analysts believe the company’s revenue will be $11.03B this quarter.It ranges from a high estimate of $12.49B to a low estimate of $8.39B. As of the current estimate, PDD Holdings Inc ADR’s year-ago sales were $5.68B, an estimated increase of 94.10% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $9.63B, an increase of 116.40% over than the figure of $94.10% in the same quarter last year. There is a high estimate of $11.32B for the next quarter, whereas the lowest estimate is $7.98B.
A total of 39 analysts have provided revenue estimates for PDD’s current fiscal year. The highest revenue estimate was $34.54B, while the lowest revenue estimate was $29.61B, resulting in an average revenue estimate of $32.98B. In the same quarter a year ago, actual revenue was $18.32B, up 80.10% from the average estimate. Based on 39 analysts’ estimates, the company’s revenue will be $46.7B in the next fiscal year. The high estimate is $56.25B and the low estimate is $37.53B. The average revenue growth estimate for next year is up 41.60% from the average revenue estimate for this year.
