Baidu Inc ADR [NASDAQ: BIDU] closed the trading session at $82.36.
The stocks have a year to date performance of -30.84 percent and weekly performance of -8.22 percent. The stock has been moved at -20.28 percent over the last six months. The stock has performed -7.19 percent around the most recent 30 days and changed -16.36 percent over the most recent 3-months.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
If compared to the average trading volume of 3.50M shares, BIDU reached to a volume of 2696779 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Baidu Inc ADR [BIDU]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BIDU shares is $128.27 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BIDU stock is a recommendation set at 1.44. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Bernstein have made an estimate for Baidu Inc ADR shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on August 23, 2024. While these analysts kept the previous recommendation, Jefferies dropped their target price from $179 to $174. The new note on the price target was released on July 15, 2024, representing the official price target for Baidu Inc ADR stock. Previously, the target price had yet another drop from $170 to $155, while Citigroup kept a Buy rating on BIDU stock. On May 17, 2024, analysts decreased their price target for BIDU shares from 140 to 125.
The Average True Range (ATR) for Baidu Inc ADR is set at 2.64, with the Price to Sales ratio for BIDU stock in the period of the last 12 months amounting to 1.29. The Price to Book ratio for the last quarter was 0.83, with the Price to Cash per share for the same quarter was set at 76.34.
BIDU stock trade performance evaluation
Baidu Inc ADR [BIDU] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.22. With this latest performance, BIDU shares dropped by -7.19% in over the last four-week period, additionally sinking by -20.28% over the last 6 months – not to mention a drop of -40.01% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BIDU stock in for the last two-week period is set at 39.33, with the RSI for the last a single of trading hit 35.80, and the three-weeks RSI is set at 40.84 for Baidu Inc ADR [BIDU]. The present Moving Average for the last 50 days of trading for this stock 88.58, while it was recorded at 84.98 for the last single week of trading, and 102.19 for the last 200 days.
Baidu Inc ADR [BIDU]: An insightful look at the core fundamentals
Baidu Inc ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.32 and a Current Ratio set at 2.32.
Earnings per share (EPS) analysis for Baidu Inc ADR [BIDU] stock
With the latest financial reports released by the company, Baidu Inc ADR posted 2.86/share EPS, while the average EPS was predicted by analysts to be reported at 2.32/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.54. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BIDU. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Baidu Inc ADR go to 6.87%.
Baidu Inc ADR [BIDU]: Institutional Ownership
The top three institutional holders of BIDU stocks are: PRIMECAP MANAGEMENT CO/CA/ with ownership of 11.95 million shares, which is approximately 0.4261%. DODGE & COX, holding 5.88 million shares of the stock with an approximate value of $$508.78 million in BIDU stocks shares; and DODGE & COX, currently with $$257.69 million in BIDU stock with ownership which is approximately 0.1063%.
