Baidu Inc ADR (NASDAQ: BIDU) is -6.32% lower on its value in year-to-date trading and has touched a low of $74.71 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 $87.51 in the last trading session, with the day’s gains setting it 0.3%.
Currently trading at $87.81, the stock is 0.74% and 1.12% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.77 million and changing 0.34% at the moment leaves the stock -1.50% off its SMA200. BIDU registered 4.15% gain for a year compared to 6-month gain of 7.74%. The firm has a 50-day simple moving average (SMA 50) of $86.8378 and a 200-day simple moving average (SMA200) of $89.1453.
The stock witnessed a 2.09% loss in the last 1 month and extending the period to 3 months gives it a 6.44%, and is 1.01% up 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 2.78% over the week and 1.88% over the month.
Baidu Inc ADR (BIDU) has around 41300 employees, a market worth around $24.58B and $18.57B in sales. Current P/E ratio is 8.71 and Fwd P/E is 9.13. Profit margin for the company is 18.97%. Distance from 52-week low is 17.53% and -24.46% from its 52-week high. The company has generated returns on investments over the last 12 months (7.30%).
The EPS is expected to shrink by -18.58% this year.
Baidu Inc ADR (BIDU) Top Institutional Holders
698.0 institutions hold shares in Baidu Inc ADR (BIDU), with institutional investors hold 29.38% of the company’s shares. The shares outstanding are 279.90M, and float is at 279.88M with Short Float at 2.56%. Institutions hold 28.35% of the Float.
The top institutional shareholder in the company is MORGAN STANLEY with over 2.54 million shares valued at $219.6 million. The investor’s holdings represent 0.6959% of the BIDU Shares outstanding. As of 2024-06-30, the second largest holder is PRIMECAP MANAGEMENT CO/CA/ with 11.95 million shares valued at $1.03 billion to account for 0.4267 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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