Baidu Inc ADR (NASDAQ: BIDU) is -5.40% lower 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 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 $82.43 in the last trading session, with the day’s loss setting it -2.67%.
Currently trading at $79.76, the stock is -14.92% and -13.15% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 13.1 million and changing -3.24% at the moment leaves the stock -11.05% off its SMA200. BIDU registered -26.47% loss for a year compared to 6-month loss of -26.98%. The firm has a 50-day simple moving average (SMA 50) of $91.841 and a 200-day simple moving average (SMA200) of $89.6728.
The stock witnessed a -15.86% gain in the last 1 month and extending the period to 3 months gives it a -4.97%, and is -13.33% 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 4.44% over the week and 3.64% over the month.
Baidu Inc ADR (BIDU) has around 41300 employees, a market worth around $22.33B and $18.50B in sales. Current P/E ratio is 8.70 and Fwd P/E is 7.16. Profit margin for the company is 17.41%. Distance from 52-week low is 3.32% and -31.39% from its 52-week high. The company has generated returns on investments over the last 12 months (7.33%).
with sales reaching $31.12B over the same period.The EPS is expected to shrink by -4.18% this year, but quarterly earnings will post 3.10% year-over-year. Quarterly sales are estimated to shrink -1.24% in year-over-year returns.
Baidu Inc ADR (BIDU) Top Institutional Holders
669.0 institutions hold shares in Baidu Inc ADR (BIDU), with institutional investors hold 28.78% of the company’s shares. The shares outstanding are 279.90M, and float is at 279.90M with Short Float at 2.61%. Institutions hold 27.97% of the Float.
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).
