Baidu Inc ADR (NASDAQ: BIDU) is -32.55% 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 $81.63 in the last trading session, with the day’s loss setting it -1.3%.
Currently trading at $80.33, the stock is -8.83% and -14.27% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.52 million and changing -1.59% at the moment leaves the stock -16.35% off its SMA200. BIDU registered -33.13% loss for a year compared to 6-month loss of -19.89%. The firm has a 50-day simple moving average (SMA 50) of $93.6994 and a 200-day simple moving average (SMA200) of $96.0367.
The stock witnessed a -10.23% gain in the last 1 month and extending the period to 3 months gives it a -6.83%, and is -5.02% 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 1.85% over the week and 1.94% over the month.
Baidu Inc ADR (BIDU) has around 39800 employees, a market worth around $23.46B and $18.59B in sales. Current P/E ratio is 9.91 and Fwd P/E is 7.53. Profit margin for the company is 15.28%. Distance from 52-week low is 0.82% and -36.36% from its 52-week high. The company has generated returns on investments over the last 12 months (6.34%).
with sales reaching $33.74B over the same period.The EPS is expected to shrink by -6.48% this year, but quarterly earnings will post -1.27% year-over-year. Quarterly sales are estimated to shrink -3.47% in year-over-year returns.
Baidu Inc ADR (BIDU) Top Institutional Holders
The shares outstanding are 292.07M, and float is at 292.07M with Short Float at 2.34%.
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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