Baidu Inc ADR (NASDAQ: BIDU) is 0.01% higher on its value in year-to-date trading and has touched a low of $77.19 and a high of $116.25 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BIDU stock was last observed hovering at around $86.45 in the last trading session, with the day’s loss setting it -2.13%.
Currently trading at $84.32, the stock is -6.43% and -3.23% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.25 million and changing -2.46% at the moment leaves the stock -6.77% off its SMA200. BIDU registered -18.38% loss for a year compared to 6-month gain of 2.38%.
The stock witnessed a -11.03% loss in the last 1 month and extending the period to 3 months gives it a 0.97%, and is -4.04% 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 3.21% over the week and 3.79% over the month.
Baidu Inc ADR (BIDU) has around 39800 employees, a market worth around $23.60B and $18.50B in sales. Current P/E ratio is 9.02 and Fwd P/E is 7.58. Profit margin for the company is 17.85%. Distance from 52-week low is 9.23% and -27.47% from its 52-week high. The company has generated returns on investments over the last 12 months (7.52%).
with sales reaching $31.13B over the same period.The EPS is expected to shrink by -4.83% this year, but quarterly earnings will post 2.98% year-over-year. Quarterly sales are estimated to shrink -1.22% in year-over-year returns.
Baidu Inc ADR (BIDU) Top Institutional Holders
The shares outstanding are 279.91M, and float is at 279.90M with Short Float at 2.43%.
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 0.4267% of the BIDU Shares outstanding. As of 2024-06-30, the second largest holder is JPMORGAN CHASE & CO with 0.99 million shares valued at $85.49 million to account for 0.2709 of the shares outstanding. The other top investors are DODGE & COX which holds 5.88 million shares representing 0.2101% and valued at over $508.78 million, while BLACK CREEK INVESTMENT MANAGEMENT INC. holds 0.1064 of the shares totaling 2.98 million with a market value of $257.69 million.
Baidu Inc ADR (BIDU) Insider Activity
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Still, SEC filings show that on Nov 26 ’24, Ye Judy Qing (Director) Proposed Sale 1,500 shares at an average price of $18.71 for $28065.0. The insider now directly holds shares of Baidu Inc ADR (BIDU).
Baidu Inc ADR (BIDU): Who are the competitors?
The company’s main competitors (and peers) include Phoenix New Media Ltd. Cl A ADR (FENG) that is trading 44.72% up over the past 12 months. Alphabet Inc. Cl A (GOOGL) that is 25.24% higher over the same period.
