Baidu Inc ADR (NASDAQ: BIDU) is -24.60% lower on its value in year-to-date trading and has touched a low of $79.68 and a high of $126.23 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BIDU stock was last observed hovering at around $89.48 in the last trading session, with the day’s gains setting it 0.31%.
Currently trading at $89.79, the stock is -10.68% and -2.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.63 million and changing 0.35% at the moment leaves the stock -8.21% off its SMA200. BIDU registered -16.85% loss for a year compared to 6-month gain of -10.67%. The firm has a 50-day simple moving average (SMA 50) of $92.3572 and a 200-day simple moving average (SMA200) of $97.8203.
The stock witnessed a -12.45% loss in the last 1 month and extending the period to 3 months gives it a -0.78%, and is -4.87% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.06% over the week and 3.09% over the month.
Baidu Inc ADR (BIDU) has around 39800 employees, a market worth around $26.22B and $18.66B in sales. Current P/E ratio is 11.75 and Fwd P/E is 7.96. Profit margin for the company is 14.46%. Distance from 52-week low is 12.69% and -28.87% from its 52-week high. The company has generated returns on investments over the last 12 months (6.35%).
with sales reaching $4.73B over the same period.The EPS is expected to shrink by -3.90% this year, but quarterly earnings will post 0.00% year-over-year. Quarterly sales are estimated to shrink -2.10% in year-over-year returns.
Baidu Inc ADR (BIDU) Top Institutional Holders
The shares outstanding are 292.07M, and float is at 292.06M with Short Float at 2.40%.
The top institutional shareholder in the company is PRIMECAP MANAGEMENT CO/CA/ with over 11.95 million shares valued at $1.03 billion. The investor’s holdings represent 0.4261% of the BIDU Shares outstanding. As of 2024-06-30, the second largest holder is DODGE & COX with 5.88 million shares valued at $508.78 million to account for 0.2098 of the shares outstanding. The other top investors are BLACK CREEK INVESTMENT MANAGEMENT INC. which holds 2.98 million shares representing 0.1063% and valued at over $257.69 million, while SANDERS CAPITAL, LLC holds 0.0923 of the shares totaling 2.59 million with a market value of $223.76 million.
Baidu Inc ADR (BIDU) Insider Activity
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